[foolz]

It seems that gasoline has reached an all time low.The question is will it stay that way or go up or hopefully, down in price per gallon.

[stereopink]

I don't know where you are from but I'm from California and things just keep getting worse and after doing a thesis on oil it seems like its only going to get worse.

[alnorth]

It will go down for about five more minutes and then it will be back on the way up.

[cyberdork33]

All time low? Where have you been?
Prices are expected to drop to around $2 a gallon.

[Slush]

Watch the news... gas prices are expected to reach $2 a gallon again. They might be at an all time low for you, if your 16. I remember filling up my car for $15 and that wasn't too long ago. But even though they will go down, they will go up again for the holiday season, and again go up next summer... its a continuous cycl

[ecrane3]

Of course it is going up. Without a major world recession the demand for refined oil will exceed our ability to supply it within a couple years. We can't slow or stop China and India. Exacerbating the problem will be the increasing nationalization and protectionism of oil by the countries that have been supplying oil (and natural gas). China has announced they intend to cease exports of oil they have been supplying southeast Asia) Russia is planning to sharply curtail their exports (They have been re-nationalizing their oil resources. Russia has also been shutting off their natural gas pipelines or threatening to in order to force higher prices from their customers.) Iran controls the Straights of Hormuz and all oil sent through the Persian Gulf goes through those straights. They could bring oil transport to a stand still with one live round across one bow. The price of gas around the world would skyrocket immediately, except in Venezuela where the ten penny dictator du jour sells gasoline to his own people for less than 20 cents per gallon.

Yes Virginia, the price of gas is going up.
It is very unwise to buy an SUV today.

[momo125]

Fuel prices will go up & down, just like they have always done. Right now they are going down and that is a very good thing. Be assured that they will go back up again.

If you take into account inflation, the price of fuel in the US is still a bargain compared to the past, and also compared to the cost in other countries.

The pain came from the rapid increase in cost.

[Lennox]

Yes, both.

Fuel prices are highly sensitive to oil prices and go up and down with world markets.