You forget your history. Sometime around 2005 or 2006, after the economy had recovered under GW Bush's leadership, oil began to rise. In fact it rose so sharply that everyone attributed it to speculators. Gas went over $4 and put a hurtin' on a lot of people. That was just the beginning.
So no, I don't believe we can handle $6 a gallon; especially not in this obama recession.