wanna bet we don't see a bit of that at the pumps?

Saudi King Abdullah ordered petrol prices in the oil-rich kingdom slashed by more than 30 percent, according to a copy of the decree carried by the official SPA news agency.

"In order to improve the living standards of citizens and for the public good, we have ordered that the price of one litre of petrol for the consumer be changed to 0.60 riyals (17 cents) instead of 0.90 riyals (24 cents) until 10/12/1427," the decree said, referring to the last month of the Muslim lunar calendar which would coincide with next January.

The decree, which becomes effective on Monday, also cut the price of one litre (0.26 gallon) of high octane petrol by 25 percent to 0.75 riyals (20 cents) and that of diesel fuel by almost 35 percent to 0.25 riyals (6 cents) per litre.

-=-source