I think you will see them go down again, but never below 2.50$. I have spent a lot of time over sea's, and I see what is happening with the US from the out side. We will never be like before. The US, was the "World Leader", and still is, but not for long. I was employed buy the US, and still am, working over sea's, and I have seen what this country don't want you to see. I will give you a Little piece of advice.. save your money now, while you can, because if their isn't some big changes soon, the US will go down hard. my company, as well as many others have sent all of their work over sea's because of the labor rate. Why pay someone 20 dollars per/hour, when you can pay them 20 dollars/per week. "FREE TRADE " you got to love it. The gas prices will never come down to where they were until the US is broke. I have said to much, so I must Finnish the e-mail now.
2006-07-27 16:45:44
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answer #1
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answered by Brandon T 2
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Supply and Demand... it is that simple. Has the instability in the Middle East contributed to higher prices, yes - because of the fear on interruptions to the supply of oil. This along with the competition from countries such Europe, China and India where consumption has increased dramatically over the past 5 to 10 years for the limited readily available supplies has caused prices to rise. Additionally, each state in the US has different regulations about gasoline (remember MBTE in California), what can be added and what can be burned off (i.e. CA has much higher standards for gasoline emissions) in gasoline. Oil has different grades - you hear about heavy crude, light crude, almost like flavors of olive oil which certain refineries can refine and others can't. Lastly, each state adds taxes to the price of gasoline which further adds to the cost. All of these together make up the price. Supplies are limited - and not everyone wants to trade with the US. The biggest factors are where are the known reserves, some in South America, a lot in the Middle East, but some of the local reserves - such as Alaska have restrictions (environmentalists don't want to drill there). The US could easily overcome its issues if we did a few things -
1- investigate and support product development of alternative fuels (i.e. BIO-Diesel), Hydrogen or other Fuel Cell, Electric or Hybrid cars.
2- change the mentality of the drivers from driving gas hog SUV's or pressure the manufacturer's to increase gas mileage of these vehicles or transform the fuel they use.
3-create balance between the fuels we use and the environmental impact.
4-Use the great American ingenuity that we have displayed for 200 + years.
5-Politicians will not solve this issue. Someone wrote - "If "poly" means "many" and a tic is a bloodsucking creature, than what are politicians?" and so true this is. Whether you are Democrat or Republican - we the people need to get the politicians back working for us, the majority rather than living off the fruits of our labors. You can pick any long-term politician - Strom Thurmond or Ted Kennedy and all they do is work the system to stay in power. What has either one done that has been beneficial to the country (in the case of Kennedy - absolutely nothing!)
2006-07-27 18:27:26
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answer #2
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answered by bigej65 3
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The financial device tanked because of the fact the Democrats gained administration in Congress interior the 2006 election. The Dow reached its all time extreme of 14,000 in 2007, on Bush's watch. It exchange into no bubble, the Dow exchange into above 10,000 the final public of Bush's time in workplace as much as that factor. yet after the GOP lost its majority in Congress in 2007, the Dow took its worst one-year plunge in history. Bush's financial rules worked for 6 years. yet after the GOP lost administration of Congress, it exchange into all downhill from there. After the GOP lost administration of Congress, then the GOP exchange into no longer waiting to bypass law that could have prevented the crash. The Democrats did no longer something. The GOP could have completed some thing, yet they could no longer because of the fact they did no longer have a majority anymore. Bush's watchlist device worked for 8 years and 3 days. whether you initiate counting with the shoe bomber on 12/22/2001, it stored us risk-free from airliner bombings till 12/25/2009. If the device worked that long, why did it fail decrease than three hundred and sixty 5 days after Obama took workplace? the subject isn't the device, this is the human beings who're now runing it. They took a device that exchange into working, and in decrease than a year it fell aside. And unemployment exchange into never 10% on Bush's watch. The so-referred to as "mess" that Bush gets blamed for surely handed off AFTER the Democrats gained seats in Congress and the GOP lost its majority. i think of that factors to who's rather in charge, and why those issues persist after the Democrats have gained much extra administration. replace: The Dow rose from 12,000 to 13,000 from October 2006 to April 2007. The Dow rose from 10,000 to 11,000 from October 2009 to April 2010. The Dow fell from 11,000 to 10,000 from could 3, 2010 to could 21,2010. How is Obama doing any further proper than the "mess" Bush supposedly made? And BTW, bear in mind it exchange into Clinton who lied approximately WMD while he attacked Iraq in 1998.
2016-11-03 04:08:50
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answer #3
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answered by sokin 4
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I sure hope so. I can remember when it was 10 cents a gallon.
2006-07-27 16:27:12
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answer #4
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answered by Anonymous
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dont think so bush is the one who caused prices to go up so when they stop the war the prices may go down
2006-07-27 16:34:04
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answer #5
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answered by Nagasaki 2
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they probably will,,but it will take some time,,there going to make all they can off from it,,for as long as they can,,and as long as we are willing to pay it,,they will keep raising it,,that's life,,whether or not they will ever give us a break,who knows,,we can all hope ,,,,i hope this help,s.
2006-07-27 16:28:48
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answer #6
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answered by dodge man 7
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Have we balanced the budget yet? If not it won't go down til then, it appears.
2006-07-27 16:28:23
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answer #7
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answered by Anonymous
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Its $1.09 a litre here in Calgary where it comes from, what are you complaining about?
2006-07-27 16:27:59
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answer #8
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answered by judy_r8 6
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If situation in middle east is peace i think it will
2006-07-27 16:27:48
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answer #9
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answered by cloud 4
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there is some places in the US where unleaded regular is only 2.80s and 2.90s.
2006-07-27 21:18:45
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answer #10
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answered by Anonymous
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