Oh, I'm certain we will see prices below $1 again... I'm also certain that prices will be much higher than $1 a few years from now. The good news is that electric vehicles will be maturing at the same time, and those high gas prices will finally push widespread adoption. Once that happens, gas prices will fall again as a function of reduced demand. Of course, a lot of people won't care by then.That $1L is a very low price. Everyone is losing money at $1L. There is no profit margin, only profit loss. Your gasoline is currently being subsidized by absolute destruction of hundreds of billions of money invested in US shale. There is no question it is an amazing once in a decade deal - you may never see $1/L again after this.