Will the price of gas ever go down to anything close to what it used to be?

Question

Will gas prices ever go down in the near or far future? I mean, I'll be satisfied at $2.00

Answer 1

No. The investors know when they have a good thing going. They will sell, take a profit and wait to get back into the market then sell again.

Also, prices are tied to inflation and gas cannot go down unless eggs, bread and better do. And they won't.

Compared to worldwide prices, it is still cheap.

And I still see people speeding, torquing it at  stop signs, etc. so many people must think the price is O.K?

Our prices will really rise when we have no more lubricants for machinery!!!

So we are left with our own ways of reducing our transportation costs.

Answer 2

No....people are paying now...why lower it.

Answer 3

like i have been posting on yahoo answers, once we start paying off our trillions and trillions of dollars in debt gas prices will be lower oil is traded in U.S. dollars and the U.S. dollar is very weak right now becuase of how much debt the "smartest president" put us in

Answer 4

No. When prices begin to drop, OPEC restrict supply.

Answer 5

Gas should be about 1.50 - $1.75.

I think it will go down but it will take some time. The current President needs to go before anything will change.

They will not lower it overnight even though they raised it overnight.

Until we get a government who is not in bed with these guys I don't think it looks good for the American people.