Question:

Will gas prices increase or decrease during the summer?

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Will gas prices increase or decrease during the summer?

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4 ANSWERS


  1. I work with a department and the answer to that question is that the price is going to go up.


  2. The law of supply and demand says the prices will increase.  But there are many other variables that we can't see, like those OPECers.

  3. They always go up in the summer when people take vacations.

  4. INCREASE BIG TIME!!!!  Expect to see gas reach $4/GAL (U.S.) AND DIESEL $5/GAL (U.S.) BY THE END OF THE SUMMER. (Food will also go up as the cost of diesel goes up - Eggs will go past $2.5/doz. (U.S.) as the price for corn (to be made into ethanol) goes up).  Or it could be even more that that, as oil just passed $115/BRL (U.S.) - AN ALL TIME HIGH.

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