Will gas prices continue to go lower?

Question

Will gas prices continue to go lower?

Answer 1

I hope they reach a point where I can decently use my car to drive 40 miles without thinking about the price of gas. I miss the good old days.

Answer 2

yea until the election cuz the republicans wanna get voted back into office then they will just shoot up again...don't worry...

Answer 3

overall prices will rise. there will always be market fluctuations caused by short term supply variances. The raw commodity of oil is finite,and as we use it up the price on the remaining commodity will go up. until such time as the price becomes so high that alternative fuels become cheaper, and we switch to some future alternative.

Answer 4

Given that its primary ingredient is dropping in price, yes.  

Answer 5

The price of gasoline depends on many things but like all commodities it mainly depends on supply and demand.

If the demand is high and production is low prices should rise.

If the demand is low and production is high prices should fall.

If demand and production are both high or both low the prices should stay at a steady rate.

With countries like China and India's economy grows rapidly, people in them countries get paid better and come out of poverty enabling them to buy bikes, cars and so on so demand is always rising there but in countries such as the US and UK were economies are taking a turn for the worse people are looking at alternatives to taking the car or getting a smaller engine car demand will probably fall somewhat.