If states are having a hard time balancing their budgets now with gas around $3/gal, just think how loud the law makers are gonna scream when it drastically drops.

Will they start cutting social programs or are state employees gonna get furloughed? Will the trucking industry begin lowering their rates because one of their built in costs almost vanishes? Will wages stagnate because prices begin to be reduced, thus companies won't be making as much revenue?

This might be a way of helping new home buyers get a home loan. Will people want to go to work for lower wages?

Look, I'm just spitballing here, but if America begins draining Venezuela 's oil fields and shipping it to America, we will be swimming in cheap priced gas. That has a trickle down effext. What can you see that might happen? Will it be sunshine and roses or will there be severe belt tightening within the halls of state governments to keep the lights on?