The Future of Gas Prices

Similar to having once owned a rotary phone, I canpricey vehicles.
vaguely remember what it was like to pay underBecause of high gasoline prices, there have also been
$1.30 per gallon for gasoline when I filled up at thepeople who have begun to purchase hybrid vehicles
gas station. Back then, gasoline only cost around $20that don't necessarily depend upon gasoline as a fuel
to fill up my little silver Altima. This was around thesource. For example, my uncle recently expressed
year of 2001. Now, just shy of 10 years later, gasinterest in purchasing an electric car if it ever
prices have shot up to around $3.00 per gallon.becomes an option that makes sense. Electric cars
Recently, when I had a Jeep, I was paying just overwould make sense for those people who only drive
$50 every time I needed to fill up my gas tank. Andlocally. However, for someone like me who drives
because my Jeep had 4-wheel drive and also had along distances often (I.e. from North Carolina to New
V6 engine, it ate through at least a tank of gasolineYork), electric cars do not make sense). Perhaps we
each week! Sometimes, it wasn't unusual for me towill see a day where we no longer have to rely on
have to fill up my gas tank at least twice a week,gasoline as our main fuel source. Until then, it seems
depending on how many errands I had to run as wellthat we will have to continue to pay high gasoline
as whether or not I was hanging out with friends.prices no matter how high they run. In situations like
While owning a Jeep (or any sport utility vehicle forthese, it may help to join a carpool or take
that matter) is expensive, a bigger question stilladvantage of mass transportation such as buses,
looms: How much longer will gas prices continue totrains and ride share programs.
rise? Will we ever live in a time when gas pricesThe future of gasoline prices is uncertain. In the
return to what they once used to be? Perhaps wemeantime, we should try our best to drive more
are already past this time. Because of the elevatedconservatively. If you have to run an errand, try to
gas prices, more and more people were beginning toplan it out so that you run multiple errands in the
trade in their sport utility vehicles for cars that weresame location or along the way. If you are concerned
easier on the wallet. There has also been an increaseabout high prices at the gas pump, then purchase a
in the number people who have been purchasingvehicle that is more efficient when it comes to
used cars instead of buying new vehicles. Again, a lotgasoline consumption. You will make your life
of this behavior has been dictated by high gasolineconsiderably easier in the process.
prices and the inability to continue financing more