Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Oil prices!!!?

With crude oil climing to nearly $100.00 a barrel, Do you think that gasoline will be up to $5dollars a gallon by Christmas??.

I have seen $3.43 a gallon already and I think its time for the U.S to make a stand instead of being submissive corporate puppets..tell me your opinions, Thanks ahead of time.

Update:

One US liquid gallon ≡ 3.785411784 litres

7 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Well, it's not like the writing wasn't "on the walls" years (decades) ago: you'd have to have been blind, major-time ignorant, or in the greatest state of denial of your life, to have not seen this coming. And still, Detroit continued and still does continue to stamp out "gas-gusslers"... just like a vacuum-brained Alfred E Newman... "What? ME worry? (NAH!)" The Detroit manufacturers didn't give a $#i+ then, and they don't really give one now; though to hear the latest TV advert "rant" by Bill Ford, there's a whole new game in town... they have the ability to increase the effieciency of even the high-powered V-8s, but as long as they idiots in the US still buy these expensive guzzlers, their "retooling" will be "minimal."

    I'm just as angry at the automotive industry in this nation as the greedy oil executives that literally have as "over the barrel:" They have been in bed with one another since the "get-go." Don't kid yourself, they mean to hold this economy to ransom and they may succeed as they hold most of the cards.

    It will take a whole new attitude ny the American public to turn this thing around... boycotts, car-pooling, etc. Trouble is, there is fast approaching a time when you'll be lucky to give your damn honkin' gas-guzzler away... nobody's gonna want them, unles "conversion" to a hybrid is made relatively inexpensive. Mark my words, its only gonna get worse 'cause we are talkin' a finite fossil fuel here, and even the corn growers aren't gonna be able to work us out of this mess. If I were you, and quicky lose any high octane gas guzzlers whille the loss to you is relatively minimal... there are still ignorami that will buy the damn things at a reduced rate.

    Source(s): The Obvious World Trends.
  • 1 decade ago

    It is the governments actions which have caused the oil prices to rise not the corporations, and if you would examine modern political structure you would see that the coercive nature of our governments, controls the corporations not the other way around. It is the corporations which are simply trying to produce through voluntary exchange, and the governments who use force to get what they want, and you are falling for it hook line and sinker in demanding that the government use its coercive power to "fix" a problem which they created.

  • 1 decade ago

    The world is running out of oil. Prices are not going to go way down again. I don't use gallons but I do not think 2$ Can a litre is to far off. After Katrina it hit 1.52 $, though because of taxes and lack of American subsidies it always costs more in Canada.

  • 1 decade ago

    I don't know much about how it works, but I do know that it is suspicious that the gas companies have record profits while drivers are paying so much for the "crisis". The sad truth is, cars run on gas, and our life style makes cars a necessity. There isn't much the public can do to fight gas prices except ride bikes, and we all know that not many people will do that.

  • How do you think about the answers? You can sign in to vote the answer.
  • 1 decade ago

    Most oil comes from overseas. The US cannot control it. They can only decrease domestic production which is not a good move.

  • askme
    Lv 4
    1 decade ago

    The price of gasoline will spiral upward until the demand for it spirals downward.

  • 1 decade ago

    increase until usa makes own.

Still have questions? Get your answers by asking now.