Originally posted by Meatwad
CNN says may reach $5 a gallon due to great decreased capacity of refineries.
Catching up with Britain - LOL!
Would you believe I paid £1.08 for a litre of diesel on a remote Scottish island earlier this month. At today's exchange rate that's $1.94 - for a litre!!! OK, it costs money for fuel to be shipped to those islands. On the mainland it was a mere 99p, like at home. But just yesterday when I filled up, it was down to 93p. Rita will be a blip.
"it'll drop to $3.50 and everyone will be happy again as they fill their v8 suv single driver vehicle for the trip to the local mall" - eagler 
That's part of the problem - seems some people refuse to buy more fuel efficient vehicles, so demand keeps the price sky high.