North America to Drown in Oil as Mexico Ends Monopoly

You do note in the article the mention that refineries are at capacity? Oil prices will not and can not drop below about $75 per barrel. Below that number and all of the US based oil production from sands and shale will no longer be profitable. We will not see fuel prices below $3 per gallon in any reasonable time frame. As for us we budget for $5 per gallon and are happy with anything less