Back in April, Clark had a 3-way conversation with nationally syndicated talk show host Neal Boortz and WSB-AM radio personality Herman Cain (via remote). Click here to see the video.

At the time, the price of oil was around $130/barrel. Clark went on record predicting that the cost of gas at the pump would again be in the upper $2/gallon range. Boortz and Cain laughed at him and predicted gas prices in the $4-$5/gallon range.

Today, some states have gas for under $3/gallon. That's not exactly a bargain, but it's much better than we've been seeing. The wholesale cost of a gallon is $2.04, but that should fall to maybe $1.75 in the next few weeks. So you may be seeing $2.25/gallon soon -- barring any unforeseen world events.

On the home-heating front, there was recently a government report that stated heating your home this winter will be 15% more expensive than a year ago. But the last trade of natural gas today was around 68 cents/therm. So for the 57% of Americans who heat with natural gas, it should be potentially more affordable than last winter -- unless your provider locked up supplies too early in the year.