The cost of gasoline is not gonna go up for a long time. You have to see the economy bounce back before anything. When the economy gets better, the auto makers should know better now that making bunch of gas guzzler/trucks is a mistake, because you will just put your fate in the hands of the oil company
If the gasoline does go up, I think it will peak at around $3.00 at best. People are already started to go green, and for the people who are not, they already know how to control their usage by car polling and public transit...etc. People are already fed up with oil companies making billions of dollars. They make money even if gasoline was $1.50/gal. Last time, they drop the cost of gasoline like crazy when there was a potential alternative fuel technology. Result, people used gasoline and the alternative fuel idea die. This time around, we are smarter. Hence, they even try to cut production just to get price back up. Look at those sucker now!!!
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