What Are Projected Gas Prices For the Future
Will gas prices ever go down? That is the question that is on the mind of just about every car owner but also many business owners too. It might come down a bit but the chances of it returning to the levels of around a year ago are unlikely. Everyone is feeling the pinch, especially individuals who rely on their cars to commute to work but havent the extra cash to spend on a larger gasoline bill.
One reason for a possible decrease may be that the demand lessens. People will travel less or car pool more effectively. Cars may become more efficient with new fuels appearing on the horizon. Thus supply and demand factors will consequently keep prices stable, even if on the high side.
Despite a reduction in demand, one factor that will keep gas prices from going down is the cost of refining the gas to burn as cleanly as possible to meet ever-stringent emission standards set by law. Refineries will need updates, more research and development studies, more training of personal in new refining methods will all be among the list of excuses oil companies will offer for why the price of gas is so high.
You might ask if or can the government do anything to help reduce the price of gas. Realistically this won't happen since there are both money and political considerations to take into account. And many international considerations that the government could not hope to influence. Ultimately people will have to make their own changes to deal with the rising prices of fuel, and as a result of the record high gas prices, everything else.
People will travel less and spend less, hurting our economy even more, and as the cost of food rises, the quality of food people purchase will decrease which will probably result in higher health care and insurance costs. People will also need to start planning their activities better, for example planning all errands for a single day to reduce traveling and fuel consumption.
People need to make sure that their voices are heard and registered with their elected officials at all levels, since they, as taxpayers, are responsible for the officials' salaries. Write, call, and email them whenever you can. Despite big oil companies have a strong lobby in governments, elected officials still have to listen to the voices of their constituents, and that should lead to moves that reduce gas prices.
So will gas prices ever go down to more comfortable levels? Who knows, there are many factors that seem to influence the price, that it seems unlikely that they will all change to bring the price down. However, with your opinion added to the growing numbers of people who want change, our countrys leaders may pay attention and take action to put a halt to the out-of-control, upward spiral.
About the Author:
Find consumer reports on most of the water for gas conversion kits for cars at http://waterforgasreports.com, including a half water half gas review.
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