How will the price of fuel change in the next ten years?

[2952-0-0]

I'm not someone who thinks the sky is falling, but we have to face it: energy won't be cheap for decades to come.

Once we reach the tipping point things will go downhill very quickly. The current oil reserve numbers are fried better than Enron's and there will be no cheap and plentiful alternative for many years.

We're in the last hours before the Cat 5 Hurricane makes landfall.

[War on Want]

To the "eternal" stagflation/recession point where our economy simply cannot grow because of the extremely high prices. We have reached the point of peak oil and from now it is all downhill if we cannot radically change our infrastructure and even parts of lifestyle. I think gas prices will only stay at managable levels for about 15-20 years and after that, it is pretty much over. (the rest of oil left could be plausibly priced at 300-500 dollars a barrel with most of it coming from tar pits, and a few much smaller wells providing for lots of the world). The Middle East should be so screwed, and I fully expect a huge social collapse(that they deserve) in Oman, Yemen, Saudi Arabia, Abu Dhabi and other countries in the region shall also feel the effects as their oil dries up. Iran will be the only country that gets out of it with its economy intact(albeit barely functioning).

[DownWithTheLeft]

I'm not someone who thinks the sky is falling....We're in the last hours before the Cat 5 Hurricane makes landfall.

[Franzl]

It will go up, LOL.

I have no idea by how much, but I'm sure most people won't be too happy about it.

[Associate Justice PiT]

     It's going to soar. Like an eagle. Not quite Mad Max territory, but everybody will be regretting not investing more in alternative sources of energy.

     The situation may become very desperate in the United States though. With the country already suffering from an economic depression, the continued rise in gas prices will probably cause a total economic collapse.

[War on Want]

I'm not someone who thinks the sky is falling....We're in the last hours before the Cat 5 Hurricane makes landfall.

People who believe the sky is falling would post there will be a collapse of human society in all parts of the globe because of it.

[DownWithTheLeft]

As far as the price of a gallon of gas I see the following:

Sept 08: $3.50
Oct 08: $3.35
Election Day: $3.10
January 09: $3.40
April 09: $3.75
June 09: $4.00
Labor Day 09: $3.75
January 10: $3.80
April 10: $3.85
July 10: $4.10

Election Day 12: $4.75

[War on Want]

As far as the price of a gallon of gas I see the following:

Sept 08: $3.50
Oct 08: $3.35
Election Day: $3.10
January 09: $3.40
April 09: $3.75
June 09: $4.00
Labor Day 09: $3.75
January 10: $3.80
April 10: $3.85
July 10: $4.10

Election Day 12: $4.75

Really?

[DownWithTheLeft]

As far as the price of a gallon of gas I see the following:

Sept 08: $3.50
Oct 08: $3.35
Election Day: $3.10
January 09: $3.40
April 09: $3.75
June 09: $4.00
Labor Day 09: $3.75
January 10: $3.80
April 10: $3.85
July 10: $4.10

Election Day 12: $4.75

Really?

Do you really think that the price of gasoline isn't directly tied to politics?

[Ban my account ffs!]

As far as the price of a gallon of gas I see the following:

Sept 08: $3.50
Oct 08: $3.35
Election Day: $3.10
January 09: $3.40
April 09: $3.75
June 09: $4.00
Labor Day 09: $3.75
January 10: $3.80
April 10: $3.85
July 10: $4.10

Election Day 12: $4.75

Really?

Do you really think that the price of gasoline isn't directly tied to politics?

Do you really think people are stupid enough to say "OMG Gas went down 30 cents... the Republicans were right!  I'm voting straight ticket now!"?

[War on Want]

As far as the price of a gallon of gas I see the following:

Sept 08: $3.50
Oct 08: $3.35
Election Day: $3.10
January 09: $3.40
April 09: $3.75
June 09: $4.00
Labor Day 09: $3.75
January 10: $3.80
April 10: $3.85
July 10: $4.10

Election Day 12: $4.75

Really?

Do you really think that the price of gasoline isn't directly tied to politics?

Hell no, that's ing retarded. Read a book about it.

[DownWithTheLeft]

Do you really think people are stupid enough to say "OMG Gas went down 30 cents... the Republicans were right!  I'm voting straight ticket now!"?

You really underestimate the fickleness and idiocy of the average American in regards to politics.

[2952-0-0]

Yes, because China and India and the Middle East have secretly agreed to burn less oil every two years around October.

[Undisguised Sockpuppet]

Go slightly down for a while then creep up to around $9-$10 by 2018.

[Person Man]

I agree with DTWL and Straha on this. It makes me want to kick somebody's ass.  What will this mean? I can't see myself spending 15% of my paycheck on gas, even when I get a good job out of law school. I essentially agree with EMD that there will be no growth until we move off of oil. I am sure that this issue will make ordinary people homicidally angry.

[○∙◄☻¥tπ[╪AV┼cVê└]

Obviously the long term is up. Peak oil has occurred while Bush killed a lot of sorely alternative energy research, and no, corn subsidies are not alternative energy research. China's industrialization isn't helping things, either.