IIRC, that point was reached when the average American family was paying roughly 7% of its income for fuel.
This story proves that economic factors don't only include supply and demand for the fuel a family normally uses. Politicians and the MSM are blind to the other factors: adaption, innovation and behavior modification. When they are seen, it is only for policies and causes the Left/MSM favors. (for example, gasoline usage has dropped a few percent in response to higher prices. This is of little interest to the Left/MSM.)
Split two cords this weekend - two more to go!
BTW, unsplit firewood around here is free (Northern VA).
It seems that a cord of wood was $60. for just about ‘forever’ around here ... same wood is now $200. Unless you have the tools, times and a pick-up truck you have to pay the piper.
Everyone/thing adapts.