Will we see gas prices drop down to $2 a gallon again or less?

Question

like after we get a new president?
and after all these new alt fueled cars and hybrid vehicles come out

Answer 1

Or when the winter blend of gas is back and the summer driving season is over if we have another mild winter.

Answer 2

I don't think so, especially not in the next decade or so. This is mainly because I, personally, believe that the price of gas is a result of greedy oil companies... the companies have been having record profits for the past year or so! They're making BILLIONS!
Sure, it would help to have a president (and congress) that doesn't get funding from oil companies, but there aren't many candidates out there. Also, now that the people are "used" to $2 or above per gallon, there's NO way the oil companies will lower prices on their own- they'd just be causing themselves to lose money.
It would also help to have more energy efficient vehicles, but they are still a good deal of time in the future... hybrid cars aren't going to help that much. We'd need some entirely different fuel source to drop the prices and that is still a ways off.
They have us conditioned to think that $2.30 per gallon is cheap and, so, we'll never see $2 or below again (or at least not for any significant length of time), barring another terrorist attack on American soil (9/11 dropped gas prices real quick).
That's just my opinion, but hopefully you see where I'm coming from.

Answer 3

Not likely because countries like India and China are using a lot more oil every year. They increase the price.

Answer 4

Probably. Historically the price of almost all mineral adjusted for inflation has gone down.

Answer 5

Not as long as the environmentalist keep hyping the fuel problem. The terrorist are tickled to see us pay more so they have our money to fight us.