The futures price of a barrel of crude oil closed today at $69.85, down $4.69 a barrel since trading ended yesterday. This is the first time oil closed below $70 a barrel since June 2007, which forced us to ask the question: 'How much did a gallon of regular cost in June 2007?' Well, after a quick hunt we found the answer was $3 a gallon, with a low price of $2.75 in Jackson, Mississippi and the high in Chicago at $3.39. Where does that leave us? With a desire to shake our fists at big oil about why gas prices haven't come down...only to find out they have, and match the historical record almost perfectly. Dagnabit. [NYTimes, Gas prices from: CarSeek]