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Saturday, January 22, 2011

Get Ready For $4-A-Gallon Gas

With the economy kinda sorta picking up, and consumers in China, India and Brazil buying cars in droves, gas prices are expected to keep going up, and may hit $4 a gallon by early spring, when Americans finish scraping the ice off of their windshields and begin planning road trips. And unlike 2008, when gas last broke the $4 barrier, only to later drop to lower prices, $4 may be a new baseline, followed by $5 gas as early as next year.

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1 comment:

EdenMan said...

Gas pricing is based on " what the market will bear " .....nothing else !!!! If everyone used less fuel, the prices would come down for a while, until Big Oil slowed output, and then prices would increase because of reduced supply. I used to do a lot of work for Big Oil....their goal PROFIT...not PEOPLE.

January 23, 2011 at 3:13 PM

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