Quote:
Originally Posted by kkingston57
Matter of supply and DEMAND. People now more likely to work from home, travel is down, fuel efficient cars getting more prevalent etc. We in TV should have the least worries about gas prices. Since moving here I buy less than 10 gallons of gas a month for the cart and car gets filled(20 gallons)up once a month. Even if gas goes to $4 a gallon, this additional cost will be negligible.
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So many things can happen in four years and nobody has a crystal ball. Supply and demand is the formula for the price. There is likely to be less demand (electric vehicles) and plenty of supply. One answer could be about the same as taxes would make up the difference. But that seems wrong. There are Federal taxes and State taxes on gas. The last time the Federal Tax increased was 1993. It’s highly likely this will go up. States have raised gasoline taxes on a regular basis since 1993.
Our roads and bridges need lots of repairs. My guess would be around 3.25 a gallon in four years.