2006-08-03 22:44:03 · 4 answers · asked by fasiullah K 1 in Business & Finance ➔ Investing
The prices are going to keep going
up until demand subsides.
As long as people are paying with
credit cards, and not "real" money,
then the demand isn't going to subside.
People aren't realizing that they are
spending past what their budget allows
and as a result we are going to see
a stabilized price that is higher than
people are actually able to afford.
If we get hit with another bad hurricane
season or two, $5.00 a gallon isn't
unrealistic.
2006-08-03 22:50:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
i do not know from which country you are asking. but, the petrol prices would become stable only after the end of the gulf war and international instability in the regions. respective governments may reduce the taxes. then, OPEC may reduce the prices according to their mutual understanding with the importing countries. let's praise for a peaseful world.
2006-08-03 23:30:11 · answer #2 · answered by veera ragavan 1 · 0⤊ 0⤋
until people don't have the money paying gas no more. everyone has to ride a bus to work or bicycle.hurricane season under way, terrorist attack,middle conflict
china and india stop growing.and alternative fuel that takes the headline.
all of that stabilized, when gasoline show sign of subdue
2006-08-04 14:10:59 · answer #3 · answered by Hoa N 6 · 0⤊ 0⤋
Hi , perhaps you can get answers in this website:
http://www.bernanke.cn
a website about bernanke's talk and comment and some review.
Google Luck.
2006-08-04 00:21:22 · answer #4 · answered by home_insurance_expert 1 · 0⤊ 0⤋