How high is the gas is going to get and why is it geting so high?

Question

well i heard it was going to get 8 dollars a gallon but i dont know if its ture or not

Answer 1

Thing is, they are so greedy, they will keep rising them untill we can no longer buy them. Untill it gets to the point where paying for our food is more important.

Answer 2

It's already is eight dollars and has been for some time in other parts of the world.

Answer 3

i suspect they will keep raising the price until we quit buying.

Answer 4

There are so, so many reasons why gas is so high and none of them make very much sense.  The real reason is supply and demand.  How many cars does your family own?  As long as we continue to be dependent on cars and vehicles getting bigger and bigger the gas prices will continue to get higher and higher.  The breaking point will be when the majority of middle class people are living under a bridge in a refrigerator box.

Answer 5

Gas is high because of increasing demand all over the world.  Oil is in limited supply.  It is a finite resource and extracting it is expensive.  The business of gas and oil companies is to earn profits and so they do whatever customers tolerate to make money.  The US gas consumer is now in competition with those of China and India, to name a few, who are buying cars as their middle class grows and creating increased demand.  The price will continue to rise as long as oil is making a profit.  I simply can't afford gas at the current price so I bought a bike which I use 3 - 4 days a week to get to work and do errands.