Why Are Gas Prices So High?

what does everyone think the future holds for gas prices?

what do you think the gas prices in the future are going to be like? do you think the world will run out of gas? i'm interested in seeing everyones opinion on this matter.

Public Comments

1. higher and higher baby, yeah!
2. I think it will just keep going up and we'll stop driving our cars and buy a horse and carriage. Then we wont run out of gas but it will be a luxury item. LOL I don't know.
3. theres gas in canada to last at least a hundred more yrs, but its expensive to pump. the war n iraq causes gas prices to ho up as well, and of course, since katrina, gas prices hav suffered.
4. We have enough gas underground to run the world for another 100years but at the same time we more greedy oil barons out there who will hike it to $5. 00 agallon in the next 10 years.
5. Gas will be around for many more years, but the hybrid and alternatives will be a reality before long to gas operated vehicles. Gas prices aren't going down very much, if they do. I feel that they will still be well over $2.00 per gal. for a long time and start getting used to over $3.00 per gal. We are a slave to our conveniences. Like it or not.
6. Unfortunately before we can come up with an alternative fuel there will be a serious problem when gas is over $9.99 a gallon (that's the highest number on most of the gas pumps...Source- A Gas Station Owner) and they will have to buy new gas pumps! I know I sure can't afford ten bucks a gallon!
7. Supply and demand will see the price go through the roof. Decreasing or at best stagnant supplies and MASSIVELY increasing demand by the US, China, and India. Guess you could say that unless we come up with a viable alternative (not wind or solar, libs) pronto we're pretty much screwed. Think about all that is made from or relies on oil and petroleum based products....drugs, plastics, agriculture, transportation...the list is endless. Quite the rosy picture from a global economic perspective.
8. the sky is the limit.