Also, from the rumors ATI seems to have a decent lineup to counterattack nVidia, so they'll play the price card, and you know what that means... PRICE WARS!! :D
About the fuel, recent increases in price didn't seem to have any effect on components, so I think they may stay like that for a while, or certain types will go down. The only one which will definitely go up is RAM modules, because it sank like a stone, and memory chip manufacturers can't keep up much more with the losses.
I also understand that fuel does have a long-term impact on general product prices, so maybe the worst is still to come. Certain analysts warned a while ago about the possible impact of fuel price scaling up and the current health of American economy on various electronic companies (most notably, AMD/ATI), but I never trusted analysts too much :D. I think that at least considering hard drives, processors and GPUs, competition between the various companies involved with them will keep the prices low.