We really don't know the number. We're probably getting close to a point where we might find out. We haven't seen any sign that demand is faltering due to these high prices.
We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied.
Maybe the economy is not hurt as much as people feared. Tight supplies plus more demand means high prices.
The strength in gasoline is supporting crude oil. It is a little early to be concerned about gasoline, but supplies have continued to trail year-ago levels week after week. Supplies are tight even with the high production rate and imports.
The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.
If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible.
How high prices will go we just don't know,