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because the gasoline keeps increasing and decreasing

2007-06-14 03:43:41 · 7 answers · asked by searcher of the answers 1 in Cars & Transportation Maintenance & Repairs

7 answers

If you can come up with the answer, you can make a fortune!!

There is a thing called the "futures market" people buy and sell commodities to be delivered sometime in the future. For example, if I knew that gas was going to cost $3.00 per gallon, I could "sell" 100,000 gallons to be delivered to someone who thought it would cost $5.00 per gallon. At the time the item is due, I could buy the gas and make $2.00 per gallon profit!! If I knew it was going to be $5.00 per gallon, and someone was selling a future for $3.00, again I could make money.

As it is my crystal ball is cloudy (and has a slight crack in it) so I can not see the future. If I could, I would play the lottery first.

2007-06-14 05:07:01 · answer #1 · answered by fire4511 7 · 0 0

We all need to face the fact that gas prices will never go back down, but only keep rising, and rising faster than in the past. I'd bet on $5 a gallon by 2010 and a failing economy because of it. The corporate greed of the oil companies and auto companies makes me sick. It's to that end that I bought a diesel powered foreign made car and learned to make biodiesel. What are you doing about it???

2007-06-14 03:57:07 · answer #2 · answered by Ron B 6 · 0 1

Impossible to tell. But I would guess around $4. a gallon. A lot will affect that figure, such as smaller better gas mileage engines, hybrids, people cutting back because they can't afford the gas. I don't think the greedy oil companies will ever lower their prices to within reason. Pops

2007-06-14 03:49:15 · answer #3 · answered by Pops 6 · 0 0

Rs.63 in India

2007-06-14 03:48:09 · answer #4 · answered by rattler t 1 · 0 0

I'd say it depends! If there's a "special" made car by then! If there is somehow a "no gas" car gas would be 99 cents!! If there isn't a "no gas" car, then I'd say it prly would be like 4.50 per gallon, but who knows at this rate!

2007-06-14 03:53:26 · answer #5 · answered by drakkie86 2 · 0 0

wars have been fought over less....if gas went to 10.00 us the economy would crash.

2007-06-14 03:47:13 · answer #6 · answered by Anonymous · 0 0

who knows. Most likely it will be more then what it is now.

2007-06-14 03:51:52 · answer #7 · answered by marie 1 · 0 0

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