Ask a Question
or
Create a Poll
  1. Home /
  2. Polls /
  3. Finance
  4. / Commodity Prices & Trading
  5. / Gas Prices In General

by bingozone on January 24th, 2012

bingozone

Poll

Help answer this question below.

Do you think gas prices will go up.

Embed
Share:
Other

Answers. 7 helpful answers below.

  • by Fun1 on January 24th, 2012
    voted: Yes

    Fun1

    They always do.

    • Like
    • Report

    No comments. Post one | Permalink

  • by Pheasant on February 1st, 2012
    voted: Yes

    Pheasant

    The trend is they they have over doubled in price the past three years. The law of demand clearly says that prices won't go down until supply is up, by drilling or pipeline or whatever means. There is no action to increase supply, though the opportunity had presented itself numerous times, so prices will go up as demand does and supply doesn't.

    No comments. Post one | Permalink

  • by Erin on February 1st, 2012
    voted: Yes

    Erin

    Yes! especially if we keep exporting more oil then we bring in

    No comments. Post one | Permalink

  • by Daryl on February 1st, 2012

    Daryl

    Of course they will. It's a limited commodity that's getting more and more expensive to pull out of the ground. We're an expanding population that is not seriously trying to find another way to get around.

    But the price you pay at the pump is only about 1/4-1/3 of the total cost of gas. The rest is paid in bullets and blood (Iraq I, Iraq II, etc.).

    It's a shame that our political leadership lacks the strength of character needed to do what all other civilized governents do, which is to tax the hell out of gas, to encourage people to conserve it and shift to other sources of energy.

    It's also a shame that the rising price of oil shifts such enormous wealth from America to unstable countries: Venezuela, Nigeria, Iran, Russia, and Saudi Arabia (the biggest producers of oil).

    People who want gas to be cheaper in America are either idiots, or residents of one of these five countries.

    No comments. Post one | Permalink

  • by cp10225 on January 27th, 2012
    voted: Maybe

    cp10225

    I have once saw that they were $3.79 cents.

    No comments. Post one | Permalink

  • by Over and Out on January 24th, 2012
    voted: Yes

    Over and Out

    Of course they will. They're always going to fluctuate.

    No comments. Post one | Permalink

  • by Friendly Stranger on January 24th, 2012
    voted: Yes

    Friendly Stranger

    It is already increasing as we speak. Right now in my area it is close to $3.40 per gallon for regular. This is just how the world economy works. Flucations usually occur because of inflation. Inflation happens because of supply and demand. Apparently, whenever resources are scarce, then it means more of a price spike so that prices can compensate for such a heavy demand and keep production stable. The fact is, oil barrels continue to increase in price due to limited supply. As a result, we here in America feel the pain at the pump. It is life. I am always happy to see it drop, but if not then there is nothing we can do about it but be thankful that we can pay for gas and drive less.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Do you think gas prices will go up.

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

When will gas price go up this year

Answerbag

a Demand Media company