[meyer]

Sure it is. We all proved to the oil companies we'd pay whatever price they want. Supply and demand.

But we probably bought in smaller quantities at that price. Meaning that the market worked predictably.

[Thermalseeker]

But we probably bought in smaller quantities at that price

In my area, SE Tennessee, I've seen several dozen stations with $20 limits. The owners say they've imposed the limits to prevent runs on gasoline.