If you hoped for gas to dip far below its current rate, you might be in a rude awakening. Despite fluctuations in crude oil prices, gasoline prices have remained relatively solid and will not see any major decrease anytime soon. The problem is that world wide growth, especially growth in China and India, has put pressure on the refining capacity of the world. So even if OPEC increases output, or if the US opens certain areas for oil prospecting, the limiting factor is still going to be refining capacity. That means gasoline prices won't be heading south anytime soon.



I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X