They will do that. But gas isn't the only market this impacts. Oil also powewrs our industries.
It will also drive the costs of munufacturing up. It will effect the costs of transporting our goods up, etc. etc. Inflation is right around the corner now. Buying power will go down, and what does that do? It lowers demand on consumer products. We could find ourselves in a recession, especially with rising intrest rates on top of it all. Things could get bad.
to actually protect supply, demand/consumption has to fall. gas will have to go to $4 before that happens, its not happening now.