Does anyone think gas will go down?

Question

in a couple years canada wants to release there potrleium

they have enough for a century but do you think the president knows

Answer 1

If you know, the president probably knows.

As far as the price going down, why would it? Inflation is a natural effect of time. A new car used to cost around $2,000. Now it's around $20,000. No one seems to be complaining about that.

Answer 2

Yes the president know about the petroleum in Canada. He has mentioned it in speeches before. He said something like , There are people in Calgary that can produce oil for $14. a barrel.

The prime minister of Canada also said that there are not enough people in Canada to build all the infrastructure needed to fully utilize their petroleum resources and that working class citizens of USA are needed to go there and build it.

Answer 3

The same thing happened in the late 70's,oil and commodities went up and then in the early 80's everything dropped just as fast.Myself I don't believe supply and demand has anything to do with what is happening,it is all about Wall Street.