how much higher will gas prices go?

Question

bush and pals are having a good time seeing there oil stock go up, while americans are going deep in there pockets. i still dont see why anybody in middle or lower class america votes republican.

Answer 1

It may even become more expesnive than bottled water!!!

Answer 2

The price of gas is going to keep going up as demand continues to climb. I don't think the supply is getting significantly shorter since the Earth continues to churn out oil, and new reserves are found all the time. But as less-developed countries continue to industrialize and people continue to drive the same amount, prices will just keep on climbing until people have no choice but to either stop driving or drive less.

I would imagine it will probably go to around $5 a gallon. If it doesn't stabilize there, the government will probably start rationing.

Answer 3

The games that the 'royal courts play' are high stakes for the middle and little man. In my heart, I believe that the gas prices are not the only detriments to our society. I believe that as long as the world is in the turmoil it is in, there will be shortages on much more of what we have come to be so comfortable with. Suppose our food, water and air supplies were in consideration? I believe that something greater is next and just around the corner. Bush, unfortunately, will NEVER have to feel the pressures that "we" regular folks feel. I would not want to exchange places with him however. As a .leader of this country, who was once loved and held in highest esteem - has now fallen in the eyes of his countrymen for the most part. It never fails - it always happens. If we started riding the buses - walking and trying to find other means to get around - we would be helping ourselves in this crisis.

Answer 4

You can expect to see it surge above $100/barrel if this Israel/Arabs conflict doesn't get resolved, or if NATO steps in. But don't you worry. As prices go up, demand goes down. We will not run out before there is a viable alternative. Then we can watch the economy of the middle east crash and burn.

Answer 5

probably in the next year i'd say 50 cents or $1 more i have no idea i'm not an expert on this though

Answer 6

My propane budget went from $40 per mo. to $270 per mo.I'd say it's high enough now!!!

Answer 7

(Your question is an excellent one, but, complicated!)
Please allow me to explain my projection based on only two important and relative factors: Projected production and price increase estimates from 2003 to 2030 (Sources listed below).
World oil demand might grow from 80 million barrels per day in 2003 to 118 million barrels per day in 2030.
Much of the growth in oil consumption is projected for China and India which will account for 43 percent of the total increase in world oil use over the projection period.
World oil prices are expressed as the average price of imported low-sulfur, light crude oil to U.S. refiners.
Price increases estimation of $57.00 per barrel in 2004 to $75.00 in 2006 represents costs of demand/supply to comsumers increase of almost 30% in two years time (tied to production of 80 million barrels per day). These differences account with "low costs"-"high costs relative to specific dates.
In 2030, demand might increase to the "high-costs" price case of 102 million barrels per day to the "low-costs" price case of 128 million barrels per day.
The relative price increase to the 2030 target date most probably will reach 47%. From the present costs at $75.00 (2006), or, to $110.25 per barrel "high-costs case" in 2030.
Please read all sources.

Answer 8

as high as we let the oil companies go.

Answer 9

I think it will keep going up until there's rioting in the streets.

Answer 10

As high as they NEED to go