Do you think gas prices will increase to $10 per gallon in the next 15 years?

Question

Do you think gas prices will increase to $10 per gallon in the next 15 years?

Answer 1

Doubt it

Answer 2

depends upon where you are.. in Europe it's there already...

In Canada, it's roughly $5+/Gal country wide and that's why I don't complain as much about my $4.05....

But anyhow, you have people who are playing the prices for profit and greed only right now. Plus India and China are subsidizing some of the costs which increases use in those countries

But anyhow, we will see it probably in the $7/gal range in 15-20 years but domestic production will be at full swing before this happens IMO

and I think Momma is right but the limits will be $4 and $5 as people will stop driving at $5 and the economy will basically fold after $5/gal regualr in the US without raising pay levels to compensate

Answer 3

15 years?  let's look at history.  7 1/2 years ago gas was $1.50 per gallon; pushing $4.00 around here this week.  that's 2.6 times the price in 2001.  by extension, that's $10.40 per gallon in another 7 1/2 years.

i'd say that's a conservative estimate that doesn't factor in rising demand.

one must remember that before the iraq war china, germany, and france had a sweetheart deal for the iraqi oil.  and china is the new market of rising demand.  their need for oil is now impacting other markets.

thank you george bush, for s******g up the economies of the entire world in your greed!

Answer 4

In my opinion it wont I dont think the next preseident will allow it to go this far. There are other alternatives than building a car I happen to have done some research on the topic and found where this guy Oliver South convereted his BMW to water gas fuel. He has a video that shows step by step how anyone can do this. There is also a review website that I found in my research that covered  a few other companies that are doing the same thing. You might want  to check the review site at http://waterfuelconversion.googlepages.c...

Answer 5

probably be close to that in the next 15 years,who knows,there may not be any gas by then,if it continues to go up we will see some really high prices on it though,it may take a while longer for it to reach that price though,it all depends on if we drill and find more of it,that would help bring the price down some,that all depends on the oil company's and the people controlling it right now,drilling for more is a temporary answer to the problem though,we need an alternative fuel that cars will run on that wont need to have any adaptions made to them,most of the answer to this questions is in the hands of the oil company's,unfortunately no matter what we say or do helps bring the price of it down,good luck.

Answer 6

no in the next 3 years that will happen oh wait bush is getting out 1/20/09  gas will come down   dont believe me   watch

Answer 7

Yes gas prices will be $10 per gallon in the next 15 years or sooner. In fact I believe $10 is a low number. In Europe today they are already at $9 a gallon.  Gas prices and other goods and services will keep going up. A car today that costs $20,000 in 15 years will probably cost $45,000. History shows us that prices goes up every year. History also shows us salaries goes up as well. The key is to try to have a good paying job so you're not worried about gas prices.

Answer 8

We just had this conversation at work..... The general opinion there was that gas will keep increasing for awhile to say 6-7$ per gallon and then come back down so suddenly we are happy to pay only $4 per gallon. Very interesting concept.... What do you think?