“That’s insane. I would love to see the prices drop back down to under a dollar or at least at about a dollar per gallon.”
When I was a teenager in the sixties gas was around 25 cents/gal with occasional price wars driving it down to 15 cents or there abouts. If you should inflation adjust over 50 ~ 60 years the equivalent in today’s dollars is in the 3 ~ 4 dollar range. So, today’s prices are pretty darn good. Personally, I would like to see crude stabilize around $50/barrel. Thereby, US oil companies could make a profit while at the same time consumers would benefit as well.
If the layered taxes were lower, we could have our cake AND eat it