Well, what we will notice and it is already happening is that diesel prices will drop and gas prices will go up do to refinery outputs (IE they will make more diesel and less gas hence diesel prices dropping and gas prices increasing.) I really think that the high prices caused a lot of people to really conserve gas hence creating demand destruction, and prices fall because supply is more than demand. Will they go back up, most definitely yes. Will we see $1.15 a gallon? I seriously doubt it. Just think, last time gas was this price, oil was $28-$34/barrel. HMMMMMMM here we are @ $60/barrel