While hurricane season is generally not a good thing for oil prices, especially when those hurricanes are in the Gulf of Mexico, a less powerful than expected Gustav is actually proving to be just that.

Oil prices are nearing their lowest price in five months. Today they tumbled to $109.71/barrel - just a couple months ago it seemed like it was inevitable that they’d hit $150/barrel by the end of the year.

So while your gas is still probably going to be above $3/gallon, it’s still a lot better than $4/gallon, right?

Anyway, I thought it’d be fun to pass along some good news for a change instead of all this gloom and doom, sky is falling stuff.