I mean at all, that's how things work, when there was the GPUs crisis, the prices spiked and then the GPUs never went back down to normal cuz "huh, they still pay us with those high prices? Nicee"
It will happen to petroil too, the obly thing that can save us is if the government does something about it, which is realistic for some countries but not for every country (like, it's totally unrealistic in the USA)