53 ordspråk av Trilby Lundberg

Trilby Lundberg

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 [But that was before Katrina.] The hurricane has removed -- at least temporarily -- substantial supply from the market, ... Price will respond.

 [But that was before Katrina.] The hurricane has removed — at least temporarily — substantial supply from the market, ... Price will respond.

 All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks.

 All point to lower prices at the pump,

 Both of those have been corrected,

 Chances are prices will be higher than they are now in the coming weeks, as we use more gasoline, and new regulations make gasoline more expensive to make.

 Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes,

 Dealers are losing their profit margins, cutting prices to get sales,

 Drops of this magnitude, if any, are not very likely going forward because gasoline demand will bottom out this month as it always does in January.

 Economic growth has allowed us to absorb these higher prices,

 For the near future, however, any future price cuts are likely to be much smaller than what we've seen in the last month.

 Gasoline price changes are lagging behind those of crude, and there's more catching up to do,

 Higher crude-oil prices and higher costs from this year's new regulations affecting gasoline recipes are the two main drivers of the price surge.

 I don't think it has peaked and I don't think an increase in oil production immediately can offset the immediate up pressures that exist specific to the U.S. gasoline market.

 I think it's over. The slightly higher crude oil prices combined with a recovery in gasoline demand is ending the retail gasoline price crash.


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