Originally posted by PrimeX:
Originally posted by Ebeauchea:
[b]B. Gas prices will go down.
Yeah, you count on that. Buy it and enjoy your $5.00 a gallon and 13 MPG. Gas prices will not see an average of under $3.00 a gallon ever again. SUV's are on their death bed with life support barely keeping them alive.
Read finance or business reports much?[/b]I've heard the "experts" talk about this both ways.
I've heard some of them say that we can expect $10/gallon before too long.
I've heard other experts say that the oil prices are a bubble much like the housing prices last year. The bubble will burst and the price will settle down some but that we will never see gas for under $2/gallon again.
It's impossible to predict for sure which way it will go because you can't predict when exactly supply will start to out pace demand again (if ever.)