How high will the price of gas get?
553009
As high as you want it to get! I"m taking the bus now! So hmm, maybe you should to, then they'll realize that we won't be paying five dollars a gallon by this SUMMER! 06'!
581781
There is NOT a supply shortage. Even OPEC and Saudi Arabia are saying there's no shortage. They are saying the gas prices should not be anywhere near as high as they are. What's raising the cost is that oil companies are gouging everyone because they basically have a collective monopoly, even though they're supposed to be in competition with each other. That's why oil companies keep scoring record profits each year while average Americans are getting poorer.
1041619
Yes, but w/good reason.  Gas prices have never been this high w/no relief in sight.  It seems we are limiting our travel b/c we just can't afford to drive in this country.  I know I'm on a gas budget.  Work-home-work-home, maybe a chill spot on the wknd, but that's it.
1147789
Let the gas get much higher and we will invade them for a cheaper way of getting around- one hump or two?
628324
Gas prices will never go down. You might see a small reduction after a massive increase, but $3 a pop is now the price. I bet you will see $3.50 a gallon by the end of summer.\n\nWith your suggestions I believe you think American corporate price gouging is the cause for high prices. Most people point to supply and demand. But if price gouging is a factor, I fear there is no solution.  That is what Capitalism is all about.\n\nMost of middle America hates the prices, but loves the profits they are accruing with stocks in their 401K. ExxonMobile made $10 million in one month, made $1 billion last quarter. ConnocoPhilips made about 1/3 that in profits as well.\n\nThere just aren't enough people in the country that don't profit from selling gas to go beyond complaining about the price.  A boycott will not work.\n\nThe only thing we can hope for is the Feds suspend their gas tax for awhile.\n\nEDIT:\nOn another note, we Americans are too damn hypocritical.  We want the world to be democratic & capitolistic, but when oil prices rise, we want our people and government to act more with socialism values.  People chanted in the streets "No blood for oil!" when protesting in the 1990's, but now Americans want their oil.  What the hell is wrong with us?
219101
Consider that in 1999 I was paying .99 a gallon and in 2006 I'm paying $2.60, I'd say that it's high.  In just 7 years, that's a huge increase.  That's a .37 per year per gallon increase.  Considering that all the years before that, it was probably less than a .05 per year per gallon increase.\n\nOf course, some theorize that we're at peak oil and decreasing output.  If this is true (and only time will tell), then gas prices will go nowhere but up from here.\n\nAnd, of course, if you listen to the people who claim the wages have gone up to accomodate, let's examine this statement.  In 1999, if I was making $60-80k yr, then in 2006, I'd have to be making around $200k (or more) to keep up with that level of inflation.  And, I can guarantee you that people who were making $60-80k in 1999 would be lucky to have gotten a 5-10% total increase in salary during that period of time... which would make the salary between $63-88k today.  \n\nThere is also no way that a person who was making $60-80k salary in 1999 would jump to $200k+ in the same position.  In fact, the job positions that tend make $200k or above are generally C-Level executive positions, some Wall Street bankers, some Real Estate investors and some celebrities.  You'll certainly never get that salary level as a teacher.\n\nThe $63-88k level of salary simply doesn't keep up with the level of inflation on gas prices at all.
202996
I have! Oil prices go down and gas goes up. Supplies increase the price at the pump goes up. The 2nd biggest oil deposit in the world comes under U.S. control.... You get the idea. Enough is enough. His friends have all made a buck on this insanity, let's go back to $1.00 a gallon.
31992
Some people and news agencies argue that labor strikes, hurricane threats to oil platforms, fires and terrorist threats at refineries, and other general problems are responsible for the higher gas prices. Critics argue that these problems periodically push price higher, but that they are not fundamental or long term enough to cause the large jump in gas price. A more fundamental problem that some believe is causing the price to raise is the probability of peak oil already or soon to be reached. Not only is there a limited amount of fossil fuels which have been burnt as fuel, but however much remains will be used faster by a growing industrialized world population and what remains will be more dificult to get since the easiest wells have been tapped and the remaining sources will be fought over in resource wars.\n\nOthers believe that the price of oil is almost entirely speculative, and that the increase in price is due to oil speculation extending into the long term. These people argue that speculators foresee increasing demand, decreasing supply, or both, leading to a long term increase in the price of oil. If these speculators are wrong, current prices may actually be a price bubble, and the price could thus collapse. A July 14, 2005 Morgan Stanley report suggests that opinions of the oil market could burst just like a bubble if indications of declining Asian demand continue.
445516
As of yesterday it jumped 13 cents in 24 hours making it 2.69 in Florida, it makes me sick because they are just playing with us, there is no legitimate reason for these prices. The worst part of it is they say it will reach 3.50 per gallon by this summer and when that happens I will have to quit my job because it will cost me 35.00 a week just to drive to and from work, no place else just to and from work.I work part time just for extra spending cash ,my husbands job supports the household , so what's the point in my keeping the job, can't afford the gas to go any where and spend it.
64539
Gas/Oil everytime anything happens anywhere prices go up.\n\n\nGuy 1 "sir a mouse farted in Juarez"\nGuy 2 "raise the price of fuel now!!!"
576765
The gas prices can be helped if the pricks at exxon and all the other fuel manufacture's would lower the price.  They only reported a 50% increase in profit last year.  Yea I say they could do something about it!!!1
538898
People, gas prices are going higher because of one thing. DEMAND. I still see giant SUV's in traffic driven by one person. \n\nThe US has 5% of the worlds Population and we use 25% of the worlds resources. We are hogs and the Gas companies are making money from it. Also, the US Gov't taxes 46 cents per gallon thats more than the profit by the BIG OIL Co. They are the ones gouging the consumer.\n\nAnd in Europe they drive minis not Avalanches and Tundras and Armadas and any other vehicle named after the state that it is as big as like TAHOE !
618880
It'll get to be about $3.19 a gallon (national average), with some fluctuations.....but a fairly steady rise.
1154704
Sounds like a good choise to me. As in the near future with the cost of petrol going up continually, people wont be able to afford to run a car!
586157
Fill your tanks only half full uneless you need to make a long trip.You do not need to stock Bush's & Cheeny's gas on your shelf.This will cost the oil company's $3000,000,000.00 a day and will leave only half the room in the supply tanks To but in new gas.The tankers will be stacked off the coast trying to unload.I remember coffee going to $5.00 a pound in the seventys.People stopped buying and in two weeks the price was down to $1.50 a pound.Lets go Amercians the power is in your purse's and wallets "Let's Roll"
678289
Gas will go up for this holiday weekend, more people travel more profits got nothing to do with supply and demand. Oil traded over $72 a barrel today. So get you gas before it goes up tommorow for the weekend.
183542
He is absoulutly right, gasoline in Mexico City right now is $.78. I looked it up on the net. You people that can't do metric conversions and monetary conversions, are the stupid people. Of course America is getting screwed for the cost of fuel. America pays the most to offset the rest of the World economics. The burden is on us, and always has been.