No way it's going to get down to $1.15. It hasn't been $1.15 since the price of oil was about $25 per barrel. And it's north of $60 per barrel now.
It was 99 cents in 1996 and Mark Shields told the NewsHour people - "the reason Bill Klinton will be reelected is that gas is ounder a dollar which makes people feel good enough to return him to office." Watch the same things happen for Republicans as gas drops below $2.00 during October.