53 ordspråk av Trilby Lundberg
Trilby Lundberg
I think two factors to look at in considering the rise are crude oil prices and gas demand.
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If crude does not correct downward, then that's the equivalent of another 5 cents per gallon rise.
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If crude oil doesn't budge or slips a little bit, we actually have more supply than we'll need and prices will peak very soon and then will drop.
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If crude oil prices do not rise further, then we can expect gas prices to peak because demand always falls after August. Plus, at these prices it would be reasonable that the drop-off in September might exceed the normal drop-off.
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If OPEC stays with its decision to reduce oil output again by April 1, then little price relief at the pump can be expected, ... Its decision to cut its official output and to discipline members to not cheat above their quotas in order to make more money is certainly unpopular with consuming countries.
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It can't last, ... Wholesale gasoline prices are already responding to the crude oil price hikes, and are on the way up, so a turnaround at the pump can be expected fairly quickly.
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It's the first increase in three-and-a-half months.
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Katrina damage remains a crimp on gas supplies, but we've had a major comeback by the oil industry since she hit,
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Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall.
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Self-serve regular now costs $2.35. The all-grades combined price is $2.38.
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Supply will tighten and costs will rise right when we need more supply.
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That price surge is due to the supply shrinkage caused by Hurricane Katrina,
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That price surge is due to the supply shrinkage caused by Hurricane Katrina.
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That's all thanks to Katrina,
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The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand.
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