Is gas prices going down anytime soon? what price is it going to stop at?

Question

Is gas prices going down anytime soon? what price is it going to stop at?

Answer 1

don't hold you breath waiting for it to lower

Until the Iraqi war is ended you will never see lower oil prices

Answer 2

If they go down, at all, it will only be temporarily. The oil demands of the growing nations of China and India, and the fact that we are reaching the peak of oil extraction will only drive supply down, and demand will keep increasing causing prices to continue to rise.

Answer 3

It might go down a little, but not much. The days of cheap gasoline are over. The world demand of gasoline is higher than ever, and increasing faster than ever with the largest country in the world (China) just now getting rich enough for most people to buy cars. And the world supply of oil is not growing. It is the old supply and demand thing. You don't want to pay $5 for gas? No problem, the Chinese do. So if you won't pay that much the oil companies will just sell it to someone else and you can do without. Can't do without? Well neither can the Chinese, so now you are in a bidding war and the price just goes up until one of you runs out of money. Then one has to do without and the other one gets the oil for some ridiculously high price.

Answer 4

There are growing markets that can easily take up the slack from a drop in American consumption as rising gas prices prompt some Americans to use mass transit or take the bus.  Only by stepping up efforts to wean ourselves off individual cars as our primary form of getting to work will we begin to see prices stabilize.

I'm hoping it will level off soon, though.  Ouch.

Answer 5

Hopefully. Congress sent the Farm Bill to President Bush, it passed with a veto proof majority. He has vowed to veto the bill. It has been sitting on his desk now awiting action for some time now. Included in the bill is a provision to close the "Enron Loophole" . Also, the Saudi's said they would increase production fearing high prices would drive down demand. Both items are good news.

Answer 6

One of the major problems is Iraq they are sitting on 1/4 of the worlds oil. The Bush administration knew they could stop the oil from Iraq and supply and demand dictates when supply is disrupted demand goes up and so do prices. The president says its the free market, but what it really is is price manipulation. All presidents give perks to their supporters but to rob everyone in the country is probably a first.

Answer 7

NO ONE knows and if they think they know then they are just guessing it all depens on  BUSH and the oil company so i really dont know but you can go on www.gas.com and cee if any thing helps hoped i helped love jennifer poy

Answer 8

The general prediction is it is just going to keep going up. It's definitely not going down.

Answer 9

use alternative fuels..

I currently run ethanol (corn alcohol) in a 1999 Dodge 3500 truck. But all Cummins engines were modified from the factory to run on BioD since around 1992 without any modification.

Most vehicles are already equipped to run on Alternative Energy. In fact you’re probably even driving one right now and didn’t even know it. Go to www agua-luna com for a list of this vehicles

The following are a couple types of products to make ethanol easily. There are however many materials one can use including sugar cane, corn, wood, etc. The information was cut directly from a guide I offer at www agua-luna com, it is complete but if anyone’s interested in other types of foods to use or a more specific step by step of the process, including building your own still legally, visit www agua-luna com

"THE usual sources of raw material for alcohol Ethanol production from starch are cereal grains such as corn, wheat, rye, barley, milo (sorghum grains), rice, etc. Other types of starch are available from potatoes of all kinds, Jerusalem artichokes, and other high-starch vegetables. Starch conversion is the standard method of production and the one we will discuss here.

It is possible, however, to make alcohol from sugar-producing plants (saccharine material) such as sugar beets, sugarcane, fruits, and others. These substances need no milling (as do grains), but they do require some kind of grinding or squeezing process. Rapid, efficient fermentation of these sugars has not been as well explored as the process using starch.

A third source of fermentables is cellulose, as found in wood and waste sulphite liquor. This more complex process requires the use of acids to reduce the material to wood sugars. Consequently, most do-it-yourselfers should stick to either starch or sugar.

MILLING

All grains must be ground before mashing to expose the starch granules and help them remain in suspension in a water solution. The grain should be ground into a meal -- not a flour! -- that will pass a 20-mesh screen. On a hammermill, however, a 3/16" screen will suffice.

Potatoes and similar high-moisture starch crops should be sliced or finely chopped. Since potato starch granules are large and easily ruptured, it isn't necessary to maintain the hard rapid boil which is required of the tougher, dryer "flinty" starches found in grains.

CONVERSION WITH ENZYMES

For small batches (5 bushels or less), fill the cooker with water (30 gallons per bushel), and add the meal slowly, to prevent lumps from forming. (When, cooking with steam, or at higher temperatures, it is possible to save energy by using less water at the beginning. But for the "small batcher" with an ordinary cooking apparatus, the most complete conversion is obtained by using the full amount of water right from the start to encourage a rapid rolling boil.)

Next, add 3 measuring spoons -- as provided -- per bushel of Alpha Amylase Enzyme (mixed in water) to the mixture and raise the temperature of the mash to 170 deg F (77 deg C), the optimum working environment for the enzyme. Hold the solution at that temperature for 15 minutes while agitating it vigorously.

At this point all the starch available at 170 deg F has been converted to dextrins, so it's time to raise the temperature of the mash to the boiling point. The concoction should be liquid enough to roll at its own rate -- if not, add 2 to 3 gallons of water. Hold the boil for 30 minutes to complete the liquefaction stage. All the starches are now in solution.

Now reduce the temperature to 170 deg F, using the cooling coil, and add 3 more measuring spoons per bushel of Alpha Amylase Enzyme (mixed in water). After 30 minutes of agitation at this temperature, all the previously released starches will have been reduced to dextrins, thereby completing primary conversion.

During secondary conversion the dextrins are further reduced to simple sugars (maltose and glucose) by the beta, or -- to be more exact -- glucoamylase enzymes. You need Alpha Amylase Enzyme and the yeast necessary to carry out secondary conversion and proper fermentation simultaneously, you can add 6 measuring spoons per bushel of the fermentation powder (mixed in water) as soon as you've brought the temperature down to 85 deg F (29 deg C) using the cooling coils."

Hope this helped, feel free to contact me personally if you have any questions if you’d like assistance in making your first self sufficient steps, I’m willing to walk you step by step threw the process. I’ve written several how-to DIY guides available at  www agua-luna com on the subject. I also offer online and on-site workshops, seminars and internships to help others help the environment.

Dan Martin

Alterative Energy / Sustainable Consultant, Living 100% on Alternative & Author of How One Simple Yet Incredibly Powerful Resource Is Transforming The Lives of Regular People From All Over The World... Instantly Elevating Their Income & Lowering Their Debt, While Saving The Environment by Using FREE ENERGY... All With Just One Click of A Mouse...For more info Visit:  

www AGUA-LUNA com

Stop Global Warming, Receive a FREE Solar Panels Now!!!

Answer 10

gas prices may never go down. by the end of this summer a barrel of oil is estimated to be about $135 . it's going to stop when oil companies dont make a desirable profit and ppl start riding bikes or walking to work, school, the store and/or they buy electric cars. there was an electric that never broke and it made somewhere around 2002-2005 but the oil companies bought out the car companies and GM Motors repossed all the electric cars sold, trucked them to Arizona where brand new great working electric cars were crushed and piled on top of each other. the documentary on the electric car is called "Who Killed the Electric Car?" it's really good. and the more "fuel-efficent" cars will actually wear out more than a regular gas guzzeler not to mention they have some celebrities drive huge cars lke Hummers and make it look cool and fashionable to drive one which encouarge other ppl to buy Hummers and huge trucks.

Answer 11

we were talking about that in my economics class and my professor said that its supposed to hit $5 a gallon by the end of this year (12/2008)! he also says its supposed to be about $8-9 a gallon by next summer... well see if he is right!

***i live in Texas and gas is less here so it may be more then that***