As long as we're seeing a tight oil market, prices will stay high and may even go higher. I don't think we're ever going to see gasoline under $2 the way things are right now.
Predicting what is going to happen in the next month is difficult. Prices probably will go up just because troubles in the Gulf (of Mexico) have driven up prices worldwide.
That is going to influence production a bit.
It all depends on what happens with crude oil prices.
As we continue to use more gasoline in California, that margin of error gets tighter each year.
Prices are actually increasing faster elsewhere than they are here. If there's any good news to all this, it's that.
All the increases we see at the pump are attributable to the cost of crude.
The infrastructure is in place now, and for the time being they're going to continue using it.
Some parts of the country are experiencing tight supplies because of unusually heavy refinery maintenance schedules. Until crude oil prices drop substantially, Americans won't see a big decline at the pump.
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