Do you think the world oil will raise agian?

Question

Now day in Malaysia is MYR2.70 per litter...do you think gas will raise agian in a one or 3 years?

Answer 1

what do you mean the price or the actual reserves? The price will undoubtedly increase (supply and demand, limited production for max profits, cost of extraction of more 'hard to get at' reserves). However the actual reserves will decrease, although they are being replenished it is too slow to combat our rate of extraction

Answer 2

Ummm....yeah....it's the whole 'limited resource' vs. 'increasing demand'.  Pretty basic economics....