I don't follow it closely, I've never made money trading gas cracks. :-( There are every political reasons for gasoline price to stay low, and we are approaching the low driving season.
Keep an eye on NG, the selling has exhausted, trend is slowly turning up, going into the winter.
Oil may have another leg down (or may be not). I would have said that we have seen the low in oil if the open interest on Dec'8 $50-$60 puts weren't so high.