Wrongo. God decreed gas should not exceed $1.10/gal.
God said it, I believe it, that settles it. ;0)
If gas had been $1.10 a gallon when I first started driving, in 1971, it would probably have been the equivalent of $4 a gallon nowadays.
Funny, but I was watching a Three Stooges episode from around the late 1930s, where the Stooges were operating a service station. The gas in that short was priced at 30 cents a gallon--just a few cents under where it was in '71.