When will the price of gas go down?

Question

When will the price of gas go down?

Answer 1

When Hilary Clinton becomes president!

Answer 2

I hope not. Otherwise I won't take as much pleasure in stretching my middle finger while I zoom past the line of fatsos sitting alone in their stinking SUVs on my brand spanking new bicycle. Bunch of losers, HA!

Answer 3

Now don't quote me on this, but as much as I don't want to say it.  Gas will probably not go down.  And for this reason I can only think of.  Over in Europe, and a few other countries, they've been paying 4 bucks a gallon for years now.  Long before we ever hit 1.50, they were paying close to four bucks.  Everywere else has been paying what we are now.  So you can just look at it as we're just now catching up to what everyone else has been paying for gas.  It'll probably stay around 3.70-3.90 to 4 bucks a gallon.

Answer 4

see my question

http://answers.yahoo.com/question/index;...

Answer 5

Price will go down when people stop driving. Supply and demand.

Oil companies have little to do with the price of oil. Oil is traded on the Global market. It's the market that determines the price of oil based on supply and demand.

More and more people are driving. Here in the U.S. the demand for oil goes up 2%-5% every year. We use 22 million barrows of oil a day! It never goes down.  In 2003 the demand went up 4.3%. In China it  went up 30%. India is not far behind.

Answer 6

Never

Answer 7

No.

It might go down some, or level off close to where it is, but most likely it will get close to 4 and level off. For a while any way.

d**n that OPEC!!!

Answer 8

It won't.  They charge so much mostly because they can.  Greed!

I keep hearing that the price is so high right now because of the weak dollar.

BULL

If this were true, how come the price of imported cars, televisions cameras, wine, etc. have not also gone up in the same proportions?  The price of these imported items has stayed relatively steady.

Using the weak dollar excuse, the price of a Prius should have increased by at least 50% since the beginning of the year.  How come this has not happened?

It is supply and demand.  Every time we do something to conserve as consumers, the big oil companies simply throttle back the supply some to keep their profits.

Just look at how much Exxon made last year.