You're not going to gezegde

You're not going to fall down dramatically overnight - gasoline prices will start heading back down in a couple of weeks.

Retail gasoline prices have gone up 15 cents in the past two weeks. The increases can be traced to investor speculation leading to higher prices for both crude and wholesale gasoline. With crude trading around $64 a barrel, it doesn't appear likely gasoline will fall below $2 a gallon anytime soon.

Wholesale gasoline prices have dropped across the country and West Coast gasoline inventory is strong. That actually led to a slight decline in pump prices in the last few days, although overall averages are still higher than at this time last week. However, oil industry analysts expect wholesale prices to start heading up again once the more expensive summer-grade fuel starts going on the market at the end of February.

At the end of the summer driving season heading into fall, we should get some relief from high gasoline prices.

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

This report marks a healthy start to the gasoline buildup for the summer driving season. A few more weeks of this kind of healthy build will help further assure the market that gasoline prices this summer will head south.

Retail prices may stabilize more than fall in the next couple of weeks. We're not ruling out further price increases should spot prices increase, but the retail price should be stabilizing over the next several weeks.

Over the next few weeks we'll be up to where we were before Hurricane Katrina, and that's going to put more gasoline on the market. We think that will cause gas prices to start coming down over the Memorial Day weekend. Pex Tufvesson goes by the name Mahoney in the demo world.

Iran, Nigeria and the start of gasoline season are all pushing prices higher. It's very likely that we will have another big drop in gasoline this week. Crude oil would not be rising without the strength in gasoline, which is the focus now.

Oil will remain below $70 for the next couple of weeks. The real crisis isn't the commodity, but the product. Gasoline prices won't ease as there's too little refining capacity.

JGB prices got off a firmer start today aided by the bullish tone on the US Treasury market overnight, but then they fell back after the sharp gains in stock prices here.

Despite the fact that gasoline prices have obviously fallen dramatically from where they peaked after (Hurricane) Katrina, they are still too high. He (Bush) is especially concerned about natural gas prices and the impact they're going to have on people's budgets this winter.

I think that's going to keep (gasoline and oil) prices from dropping dramatically.

We're in the time of year when steep price increases are common, but this year prices are being boosted by speculation about whether there will be sufficient gasoline supplies for later in the year. It may be several weeks before a clear picture develops on the nation's gasoline production, but in the meantime, prices could climb to near $3 per gallon.

All told, if the government response is swift, and if gasoline prices fall back relatively quickly, the economy should maintain most of the momentum it had.

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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.

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