Are gas prices going to continue to decline?

Question

Are gas prices going to continue to decline?

Answer 1

No. Market forces and human nature suggest the price will be high. As the most sought after commodity in the world you can charge what you want minus what the market will bear.

Answer 2

hopefully

Answer 3

only for the short term, till the elections are over I guess.

Answer 4

We the public  never know till we get to the pump!!!  I sure hope so.  They have gone from $3.89 gl to $3.66gl in east Tn

Answer 5

I would not hold my breath over the temporary lower gas prices. I don;t think we have seen the worst ----yet. My guess it will be higher.

Now be a good person put towel in teeth and scream...:-)

Answer 6

No they won't the reason why the fuel prices are a little lower right now is because the oil companies are charging the refining costs to the airlines. They are rolling that cost into the jet fuel. Once you start seeing airlines cutting flights in the future, you will see a rise in the cost at the pump. You all will hear more about this in the next few days in the news, there is oil company rep that is going to spill the beans in the next few days.

Answer 7

Yes, as soon as the new generation of autos enter the market. The major auto manufacturers are to introduce high mileage autos which will decrease the demand for gasoline which in turn should lower its cost ( the notion of cost/demand not somehow interferred with which in todays economic structure is a possibility)

Answer 8

If we use less, the price of oil, and therefore petrol, goes down. The minute people get complacent about downward prices and go back to their bad old habits, the price will shoot up again. You do the maths!

Answer 9

The government's economy goes up and down every hour so it all depends on how good of a business deals we make.

Answer 10

Keep your fingers crossed.

Answer 11

Yes if The Gov or someone evacuates airports drains jets of jet fuel and detonates placed charges in jets to stop Global Warming. Same for cars. No need to worry about AL-QAEDA as The Gov or other people should be doing this.