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cutiecrisp08

Are gas prices going to go down soon?

Are gas prices going to go down soon? Will they ever go below $2.50 a gallon again? What about under $2.00?

    



Show all answers


One
No.

It most likely going to go up further for the next two years. The tension in Iraq and Iran will not be resolved for some time. This tension is scary the investors and sending prices higher.


MissKathleen
Rating
Since we have a holiday at the end of May, I think prices will only go up. We have enough oil in this country for everyone to pay $1.50 per gallon, but the government won't allow the oil to be drilled or produced in Alaska, the biggest oil field in the world.


missy
Rating
I don't think they are going to go back down


Colini
Don't hold your breath...


DC Bob
Rating
Not a chance.
I guess that they will be at $5.00 per gallon on Labor Day.
Hope I am wrong.
Glad I use a bicycle and public transportation.


weasered
Rating
there are slight decreases & flexulations in price but the general direction is up. they only decrease when protests get too heated. exxon/mobile just boasted $150 billion in profits. imagine what the rest of em made. the prices you pay, their profits...see? dont ask government to solve the problem, they are the owners of the oil companies.


R1volta
As soon as they get to $4.00.


TINKERBELLE
doesn't look like it, I'm from Philly and they just went up about 5 cents


kma22263
Nope, not with summer coming soon. Probably in the fall they will... and after paying close to $4 a gal. in the summer, we'll all think paying $3 is a deal.


bigtalltom
doesn't look like it. Maybe after the summer is over they'll go down with the seasonal decrease in demand.

What also could help is more Gulf of Mexico refineries coming back up.


ShellyBelly21
Rating
no. gas prices are supposed to be over $3 a gallon by this summer. keep dreaming if you think it will ever be under $2 again.


JoBlo
Yes, when we bomb the hell out of Iran.


robbie
Of course they will go down, now that they have accustomed you to new higher prices.

The process is...

Raise the prices on a holiday weekend to a ridiculous level.

Drop them first day after the weekend or even late on the last night of the weekend, so that you are almost home and too tired to line up to get marginally cheaper gas.

Keep the prices at a level which is halfway between what it was last week and what it was on the weekend.

They have established a new price point and scared you all with what it could have been, if not for the integrity of your favourite gas company.

How can an immediate increase in the international price per barrel, be immediately transferred to your local gas pump. There is a 12 week delivery cycle of shipments which have been bought at the old prices.

So the leap in time from the international stock market prices to your local pump, is pure and utter greed and abuse of the public.


atkaylee
Rating
no 4 to 5 bucks a gallon in the next year


JoHanna
Rating
They probably won't go down unless we start to drill and get oil elsewhere. It's almost intolerable where I live with the gas prices... 3.08 a gallon! And it's said becuase it's only going to go up!


?
Not until Bush has drained us of our last penny and i'm being serious


dibby dibby dip
Rating
Not any time soon. But don't worry- there's a maximum price limit so that it doesn't keep rising.


Athena
No, most likly not. You can search for gas prices on the web to find the cheapest gas prices in your area, though.


undone1973
No. They've always been going up, and they always will.


lsdelirious
i imagine they will go down in jan 20, 2009.... unless jeb continues on the bush monarchy


normzeeeee
i doubt it. i heard its even gonna go up to 3.50


nancynotworking
Absolutely not - at least not until the fall at the earliest!


hunterbrock2001
It's Not About The War That's Causing The Price Increase In Gas It's The Oil Company Being Greedy. They Could Still Make Billions In Profit If Gas Went Down To $1.50 When People Can't Afford To Buy Gas Anymore Then They Might Lower The Price's



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