does anyone know if the gas prices are going to ever go down? I really think that im not alone when i sy that the prices are effecting everyone!!!
2006-08-12 07:55:36 · 11 answers · asked by sagitarrius_26 2 in Politics & Government ➔ Government
You better believe it affects me when minimum wage is barely over $6 an hour and gas prices are almost $4 a gallon. Why work?
I mean, I will keep working, but it is hard to not think it! I just moved next door to my work so I don't have to travel 6 miles to get there anymore.
2006-08-12 08:02:19 · answer #1 · answered by Gothic Martha™ 6 · 0⤊ 0⤋
Gas prices will never go down because supply is constantly decreasing while demand is increasing all over the world in emerging countries like india and china. Also there is a slight but constant rate of inflation that normally makes the prices seem higher, so no.
2006-08-12 15:26:49 · answer #2 · answered by Matt S 2 · 0⤊ 0⤋
Demand continues to increase and supply continues to decrease. It will help alleviate some of the pain if you invest in some oil stocks. As the price of oil increase, the price of the oil stocks should follow. Then your profits on your oil stocks ill offset the price you pay at the pump.
2006-08-12 15:03:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Look for them to go up even higher before they start inching down. Its safe to say though, we'll probably never see it as "cheap" as $2 a gallon again. Its the legacy of George Bush - the worst president in history.
2006-08-12 15:17:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋
in 1960 minimum wage was 55 cents an hour, gas was 25 cents a gallon, you worked 1 hour to pay for 2 gallons of gas!
today minimum wage is 5.15 an hour, that will buy 2 gallons of gas, nothing has changed!!
2006-08-12 15:03:26 · answer #5 · answered by Pobept 6 · 0⤊ 0⤋
gas prices will probably go down when fighting in iraq and the holy land ceases, and youre not the only one that the prices affects
2006-08-12 15:01:20 · answer #6 · answered by jamz 5 · 0⤊ 0⤋
You can always check where the gas is the cheapest in your zip code. That's what I do to save a few bucks...
http://autos.msn.com/everyday/GasStations.aspx?m=1&l=1&zip=92117
2006-08-12 19:03:16 · answer #7 · answered by SlapADog 4 · 0⤊ 0⤋
They will probably go down some in the winter.
I will be very surprised if they ever get below $2.00/gallon again.
2006-08-12 15:03:52 · answer #8 · answered by Eric 4 · 0⤊ 0⤋
no I don't but I wish they would like back down to 89 cents I could even do a dollar
2006-08-12 15:01:03 · answer #9 · answered by Rondi 4 · 2⤊ 0⤋
it all depened on wether the government will keep pandering to the wacko enviornmentalists and not allow any new drilling or refineries (no new refineries have been build in this country for over 20 years)
2006-08-12 15:01:26 · answer #10 · answered by TLJaguar 3 · 0⤊ 2⤋