If you look at the last 20 years, then the current $100/barrel seems to be the "new normal" ? (Up from ~$25/barrel for the 2nd half of the 20th century.) Now,

If you look at the last 20 years, then the current $100/barrel seems to be the "new normal" ? (Up from ~$25/barrel for the 2nd half of the 20th century.) Now, currently it's more the lack of refining capacity that seems to be pushing fuel prices up, the crack spread is up to $50/barrel !!