To be fair, the did get pretty high when everyone started driving and the oil industry has to spin back up after that pandemic lull. Demand outpaced supply.
And then there was OPEC fucking around, and Russia invading a nation. Even though the US produces more than it needs, the oil market prices were high as fuck.
Which, now that Biden has started to think outside the box and use the strategic oil reserves in creative ways, are the most stable they’ve been in a long time.