Google
 

Tuesday, January 19, 2010

Will We Ever Find Cheap Gas Again?

In many countries around the world, gar prices have risen dramatically. Indeed, increasing gas prices over the course of the past couple of years have been most evident in North America. Gas prices have tripled in the United States during that time period. Similar experiences have occurred in different nations around the world over the course of the past decade, leaving people to wonder whether we will ever be able to find cheap gas again.

Of course, there are many factors that come into play when considering whether we will be able to find cheap gas again. We touch on a few of these considerations in this brief article. Naturally, when it comes to this subject, many of the factors governing gas prices are complex and do not lend themselves readily to a quick review.

As mentioned, the question that has been popping up for the last couple of decades has been whether we will ever find cheap gas again? The overall trend has been for the price of gas to be on a continual rise and the lines on the graphs are getting steeper and steeper. The experts in energy and financial matters, both agree that the continual rise in gas prices are here to stay and they foresee a constant rise in the price of gas, both in markets the world over.

The oil producing countries are being influenced by continuous world instability and the price that they set on a barrel of crude does not necessarily reflect the true market value. Having organized themselves into conglomerates, these cartels dictate the market price. As long as the industrial nations are prepared to pay, the prospect of cheap gas is not a realistic proposition. And, as it stands, it seems that the industrialized world has given up on its quest to find cheap gas. These nations have resigned themselves to paying more for fuel from here on out. In other words, when all is said and done, it is not likely that we will be able to find cheap gas again any time soon.

0 comments: