How high do u think the average US gas prices will go?

Question

How high do u think the average US gas prices will go?

Answer 1

Europe has previously seen an Imperial Gallon sell over

$10 US.  The dollar would buy less in Europe today.  I'm

not going to be crybaby until after regular unleaded gallon exceeds $30 US.  I'm riding atop DR650SE.

Answer 2

more than likely it will hit around 5 bucks real soon ,and when it falls back down though it wont go back to what it was before,id say it will stay around 3 bucks or more,i doubt that we ever see below 3 bucks again,good luck.

Answer 3

What's the time  frame here?  

If you believe the whole peak oil think, then you would assume it just goes up indefinitely, and then we won't use ANY gasoline for fuel by about 2050, or if you're really head-in-the-sand, let's say it's 2075.  At that time, gasoline could be $100 a gallon, or $1000.  Probably in between there.

Answer 4

Okay guys lets DO something about it before gas prices get to be 8, 9 dollars.

Here's the idea: For the rest of this year, DON'T purchase ANY gasoline from the two biggest companies (which now are one), EXXON and MOBIL.

If they are not selling any gas, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit.

But to have an impact, we need to reach literally millions of Exxon and Mobil gas buyers. It's really simple to do!

But yeah it's an idea that might help :]

Answer 5

relax

July 4th is the peak of the driving season, everybody is on vacation, or driving like crazy around July 4th

after the July 4th holiday is over gas will start coming down

Answer 6

Given the stagflation that we are seeing, and the dollar dropping, I would say it's going to go much higher, but it might still be a little more cost than what we are paying now. So it might be 6.50 a gallon soon, but that will be tomorrows 5.00.

It is a sort of bubble, and they are finding oil in America. The more money per barrel the better investment oil seems to be which causes more drilling and exploration. Oil could be more plentiful than what the companies want you to think, so they restrict flow. It's a cartel, but it has all the rules of economics applied to it.

Answer 7

10 bucks