Unfortunately supply will be constrained and demand will be high, and there is nothing that can be done except to prevent/police gougers.

This is off topic (a little, so please forgive me), but with what has been happening the last 10 years with the multi-decadal shift in the North Atlantic, and the fact that it is likely to continue for another 10 or 20 years, this is a tough problem to address. In 1984 there were some 340 refineries in the US with a much lower population. Now, there are half as many refineries, with a much larger world population (China) taking up much oil, thus much higher prices. If there is any good that can come out of all of this, is that hopefully there will be a greater push for other sources of energy, that are cleaner, and not as easy to disrupt as they are currently. I also don't like comparisons to gas prices 30 years ago. Yes, inflation adjusted it was much higher then, but I never bought gas back then, so it is irrevelent to me. Also, even those that did, are not budgeted for higher prices today just because they had to 30 years ago.

Even if gas is higher, I think it is still wise to fill up if you can find it. I would much rather gamble at a casino, than with a cat 5, as my chances are better at the casino.