gas prices?

Question

Will we see $5 a gallon gas in the U.S before the end of this year? If so, how would you change your daily routine?

Answer 1

I sincerely doubt gas prices will reach $5.00/gallon. I think the current price area will likely be the peak for this year (over the summer). Should gas prices reach $5.00 a gallon, I will definitely be selling my 10 year old V8 truck, and purchasing something else with better mileage.

My current vehicle gets 14mpg average (I do a lot of city driving, though). I'm tempted to remove the 5.2 liter V8 and replace it with a 4.6 liter V6, which will significantly improve mileage. If gas stays an average of $3.00/gallon, I will make my investment in a new engine back in less than two years, based on the savings.

My routine has already been impacted by gas prices. I currently drive only for work, or to the grocery store. My wife and I no longer go on weekend drives in the country, a pastime we both enjoy immensely. We no longer explore our town. In fact, we haven't been out of the house except to go to work, the doctor, or the store, in over two months.

I have faith that alternative fuel sources will become available, rapidly, in the US. Particularly ethanol. Once ethanol starts becoming more widely available, I will likely invest every penny I have into an auto shop that specializes in converting standard gasoline engines into engines that can burn both gas, or ethanol. A process that is not as costly as one imagines.

Answer 2

We might. Currently I believe in most states that is a little over $3, but if the gas starts to become more rare, it is definitely going up. You can change your routine by start walking or biking to places, using your car less. Also, if you are looking into a new car, check out the electric cars, that use no gas, or very little. Or, start carpooling. Hope this helps. =]

Answer 3

It won't because I don't drive. If everyone bought alternative cars such as hybrids or other fueled vehicles other than gas, eventually gas wouldn't be such a war-inciting environmentally damaging fuel anymore. But unfortunatley the world is too dependent on it and the superpowers would have nothing to bargain with anymore.

Answer 4

American and foreign BIG OIL are defiantly thumbing their noses at us to prove THEY run our planet--and they aren't about to ease back on their Alpha aggressive greed for America's common good anytime soon.

Yes, we can blame the recent U.S. BIG OIL retirees who walk away with $400 million retirement package deals.

Yes, we can blame the current foregin BIG OIL stockholder and/or board member who carries a burning hatred towards the USA--and uses the power of BIG OIL greed as a personal sounding board.

Yes....sadly, yes....we can simply can't rely on our BIG OIL stockowner President George Bush--also a "lame duck" who really cares less how the historic per gallon price gouging is affecting America; he, like many other wealthy people, really don't hold the economic concerns you and I carry each minute of each day.

And yes....we better wake up real fast: Once the US consumer per gallon gas target price of $5 is reached--it WILL carry an economic backlash that will lead us all to the edge of a devastating economic disaster much akin to the 1920's Stock Market crash and subsequent Depression....

.....one that will far last longer and be even more painful for each and every one of us.

Already, US per gallon gas price gouging is having ill effects on our economy, prevalently seen in our grocery prices; note how they're fast on the rise. Complaints on the State government level will soon---if they aren't already---be voiced as budgets supporting local police, fire and EMS services buckle under the strain.

Ever notice how the Hummers have seemingly vanished? In fact, I see much less and less of those gas thirsty vehicles on the roads these days.

Look for crimes on gas theft to be on the incline. Auto part stores will report sharp sale increases on locking gas caps (look for their prices on such products to rise, too) as savvy smart car owners seek to keep the gas they buy.

And I think it's America's shame that we are seeing roadside RV vehicle sales on the jarring increase---as retirees who sought the American Dream of post-work independence have to give up such hard worked dreams......and for many, are being forced economically to re-enter the workforce again.

The profits of a few weigh tragically on us all. I'm NOW seeing even MORE cries for another "gas out" strike....one this time lasting a weekend. And yes, it's refreshing to hear Americans demand "We, the People" make our voices heard, too. Question is......how????

Answer 5

Not many of us can afford change. 95% of driving is to and from work. That last 5% won't amount to much savings. The entertainment industry will feel it, nobody will even afford a movie before too long. We'll just wait for the DVD and let Blockbuster mail it to us.

Answer 6

Yeah,I will spend $5.00 to dump one gallon on the drive of the gas station and set it on fire,just to watch the look on the owners face.hee-hee

Answer 7

I don't think we will see it by the end of the year but it could very well get to that amount......when we get sick and tired enough that we stop consuming they may drive it back down, or if our government will open the reserves the oil companies will be forced to drive down the prices

Answer 8

i will quit my job if gas goes up to $5 per gallon. No way it will get that high though

Answer 9

I'm already carpooling with 2 others, it is all I can do right now I drive a car that gets about 32 mpg.

Answer 10

My driving habits won't likely change. My other spending habits will. Movies, clothing, home remodeling. We're now at $3.65 the highest in the country. It stinks.