In lieu of the economy and current gas prices, I thought it would be cool to readdress this blog. Look at the comments to see our thoughts!! It was originally posted on August 6, 2008. Little did we know it would drop so far so fast. I heard it is $1.98 in San Antonio…
I just read on cnn.com that gas prices have gone down for the 20th straight day. The national average is now $3.86 per gallon. Strangely, we get exited about this price drop.
The question I am curious about is… how far do you think it will drop to over the next couple of years. If demand for gas goes down significantly with different types of cars, less driving, and more drilling, will the price drop to under $2 per gallon? Or have we passed that threshold never to return?
What is your gut feeling based on the news you have digested over the last few months?
a. Gas prices will continue to rise and never go under $3 per gallon
b. Gas prices will bounce around and possibly dip, but will eventually climb even higher
c. Gas prices will drop because of less demand and more supply, they will go down below $2 a gallon.
d. Gas prices have changed my attitude about the environment, the Presidential race, and my car
pick as many as you want…