The world seems to be craving for more. Even though the price of crude oil have passed the $100 mark and already passed the $135 mark, the buying public still craves for more oil.

This only means one thing that our dependence for oil is still there. Based on some research and projections; the world consumed the first trillion barrels of oil in 125 years.

Using the same projections and using the current demand right now, it is suggested that the next trillion of barrels of oil can be consumed in 30 years.

Now that’s fast and the current pace of consumption will surely have an impact of future gas prices.

It is understandable why gas prices are pushed to the limits and future gas prices are uncertain.

The main reason is the consumption patterns of growing giants and markets like China and India. It isn’t only the two countries of course.

Indonesia is another one that takes the significant share of oil. The huge population of these three countries added to the uncertainty of the current oil prices and the future gas prices.

Though it is difficult to tell if how much the gas will cost in the next decade or two decades, a number of analysts and observers said that the prices of oil will continue to go up and consumers should expect this to happen.

A number of figures are floated around in many media outlets as basis for future gas prices and a number see that the price of oil in the next decade could match or exceed $200 per barrel.