Moltar, why does that seem unrealistic, gas was just $1 ~10 years ago. so, does the reality of 10 years ago, seem unrealistic?
heck, gas used to be as cheap as $0.20.
Yes, gas was that cheap. In the past. Not likely it's going to get that cheap again in the future.
What is not understood is when there is a competition to the livelihood (dominance) of gas manufacturers, will they keep the future price at current level knowing the future will be in trouble?
What makes these manufacturers drop the price down in the future to the ones in past?
Competition. But that isn't likely to happen, as corrupt oil companies (and the politicians they own) actively work to prevent competition. Not to mention instability in the Middle East is always a constant threat to oil prices.
Are you absolutely sure that no competition will exist because of the corrupt activities? May be not in US, but countries who do not have power or much vested interest in crude oil are already looking into that alternative. Aren't people in this country clamoring to end oil dependence? Armed forces have a huge initiative on the same. Once the revolution starts with a competitive product, government and corporations will not overtly support the activities of dominance then the oil industry will go into survival mode.
Just like OPEC came together to unify and charge people more, what is preventing OPEC to come together and destroy an industry with higher costs in short term by slashing prices so that long term it maintains the status quo? That is the reality.
When domination enters survival mode, all bets are off.