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Drivers are basking in the glow of low gas prices right now, but skepticism about the future is sky high.
Maybe it's the sting of what we were paying last summer. While you can find gas prices from $1.39 to $1.80 right now, it's hard to find anybody who thinks it will stay that way.
Dean Bodily says, "Skepticism about the economy, skepticism about the government, skepticism about the people who have been indicted now for fraud and that will be in the future, I have little faith in anything, anymore." Bodily expects to be paying $4.00 a gallon by summer.
Dave Powell just returned from Mexico, where he says prices are already higher. He says, "We have a limited supply and demand. Everywhere else in the world is paying more for gas than the United States is paying. You know, I don't know if there's price manipulation going on, or we're just lucky because the demand dropped for a short period of time."
Nationwide, economists have widely varying opinions. Some think the recession may keep demand low, at least for a few months. Analysts say January and February typically are the months with the lowest demand for fuel.
But some say the threat of new violence in the Middle East could have an impact.
E-mail: mgiauque@ksl.com
