Is it possible that gasoline prices in the US could be @ $4 a gallon again with oil prices staying as they are?

Especially in the high tax states, NY,CA, Northeast!Is it possible that gasoline prices in the US could be @ $4 a gallon again with oil prices staying as they are?
Drilling American oil would solve that problem.....and it will not take 10 years to do........Is it possible that gasoline prices in the US could be @ $4 a gallon again with oil prices staying as they are?
I don't recommend that anyone assume oil prices will stay where they are. Current oil production projects are reliant on oil in the $70-80 barrel range in order to be profitable. I think we will see a concerted push to get oil prices back up to that range.





Please keep in mind that gas prices can move independently of oil prices depending on refining capacity and other production factors.
No ! The prices rise when the speculators begin driving them up.





I have a solution for that however. It's called a bounty on their @ss. It's time we played hard ball with this crude. It's time they were exposed to the public, each time they create a new bull market on oil !
yes.


almost all of the gasoline to the east coast is supplied by a handful of pipelines. if one of these breaks down and another catches fire, expect local gas prices to go up rapidly.
It is absloutely certain that unless alternative fuels come into use that gasoline will be much more expensive the 4.00 a gallon. China is still growing at an 8% rate and increasing there gasoline consumption faster.
who knows, the oil companies do what they want and have us by the balls, we are all suckers to their little game, they are being nice now that the economy is in ****, but I am sure they will jack it up soon
When the economy recovers probably.
yes, this little low gas price respite is the quiet before the storm.
Yes
depends on the demand I suppose