What will be the price of gas in 3 to 4 years?

Question

okay i live in San Jose California in the bay the gas is $3.40 im wondering if the gas in 2010 is going to be higher or is the price gonna drop ??

Answer 1

$ 6.00 US - very conservative estimate.

Please google the Peak Oil problem or go to www.peakoil.com and read about what's coming. Even if there is no war with Iran, there is only one direction for the price of gas to go, as the dollar shrinks as fast as it has been and the debt grows.

Good Luck - we will all need alot of it to face what's coming.

;-)

Answer 2

Gas prices will not be dropping over the long term.  That's because the worldwide demand for gasoline is increasing.  China has 1.6 billion people (6 times more population than the U.S.), and they are getting increasingly wealthy, which means they are buying more cars, and consequently they are using more gas.

More demand without increasing supply means gas will go to those willing to pay more for it, hence higher prices.

Unless there is some revolutionary development in fuel technology (someone comes up with an alternative to gasoline that is so good that people are switching en-masse), which is unlikely, gasoline demand will always go up and it will become more expensive.

By 2010 I wouldn't be surprised if a gallon of gasoline hits $4.50 in the U.S....  Or more.

Answer 3

At least 1 dollar more than you want to pay!

Answer 4

$1.50 we will be less dependent on gas by then.

Answer 5

Hang on, I have to put the time machine in the garage.

Looks like we will all be walking as driving cars in the year 2010 will be deemed hazardous to our health. they will be outlawed. so therefore the demand will plummet and there will only be a need for oil to keep the doors on the house from squeaking.

Going price for gas is .00521 cents per gallon.

Answer 6

ONE MILLION DOLLARS!!

Muuhahahahahaah!