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How low will gas prices go?

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Uploaded by on Nov 10, 2008

It's a day people probably never thought they'd see again: Drivers filling up their vehicles with gas for less than $2 a gallon. KXLY4's Kjerstin Ramsing reports.

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  • The public is.

  • niceee

  • i saw $1.12

  • i saw $1.68

  • The demand for gas actually was dropping at the same time prices were going up. Speculators ruled the market, excusing that war might break out in an oil rich country, or a serious impact from a hurricane. Consumers have been wiped out as a result. It's not the only reason for the economic meltdown, but it is at least one contributing factor.

  • You mean to tell me we can go from paying five dollars to almost two dollars a gallon! something is wrong with that, all of a sudden the demands for crud oil has drop drastically? how's pulling the strings here?

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