Interesting point about $3 / gal gas prices

from
Big Drop in October for Detroit

Even though gas prices have fallen from their highs after Hurricane Katrina struck the Gulf Coast, "people are a lot more cautious because they know it can go to $3 a gallon," said Jesse Toprak, the executive director of industry analysis at Edmunds.com, a Web site that offers consumers advice on buying cars.

"A few years ago, that was only a rumor," he said.