I saw regular this morning for 3.97. The local news is reporting gas shortages (some stations still don't have gas in all grades, premium is hard to find apparently), so I'm sure there will be another run on the pumps and prices will spike again. The stations around here never really recovered from the initial run just before Ike.
Lucky for me I run on regular and I haven't had any trouble getting gas, although with the news reporting 'shortages' today I'm sure the stations will all be empty by the end of the day.