Financiapocalypse Is The New Gaspocalypse

If you haven't been paying attention lately, the price of a barrel of crude oil has dropped over the last month, trading today at a 13-month low of $78.61 in mid-day trading. Analysts are pointing toward the continued disintegration of the financial markets which could lead to drops in global productivity and thus fuel consumption. The gaspocalypse is indeed easing as we've seen such craziness as above, regular on sale for under the $2.99 figure right at our corner fuel stop. Sure is a far cry from that trade-halting $120-a-barrel price spike three weeks ago. [CNN Money]
Check out Gawker Media's full Financiapocalypse coverage at Economy.Consumerist.com!