But when oil goes ordspråk
But when oil goes up, stocks go down. Crude prices have to crash, but it won't happen until about six weeks after the election. We'll see a lot of activity no matter who's in the White House.
Fadel Gheit
Over the past few weeks, crude prices and gas futures have dropped and increased and dropped. Until crude oil prices start to drop significantly -- and it's hard to figure out when that's going to happen -- I don't think we're going to see gas prices dropping.
Art Kinsman
The issue is that the White House was so closely involved in a race where the top Republicans broke the law to prevent people from voting. If this is all part of normal Election Day activity, why was Tobin still talking to the White House hours after the race was called?
Christy Setzer
Fuel prices have become particularly unstable in the past few weeks. Worries about the security of crude oil supplies are pushing prices up while growing domestic inventories of domestic crude oil and refined products are pushing prices down.
Rolayne Fairclough
The market was only expecting an increase [in crude stocks] in the range of two million barrels but crude has been rising for the past five weeks.
Tony Nunan
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.
Rose Rougeau
This activity, this death and illness we're talking about as it occurs will happen within a matter of weeks.
Donnie Smith
A sudden and violent crash in crude oil prices cannot be dismissed.
Thorsten Fischer
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.
Rose Rougeau
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.
Rose Rougeau
This is a triple whammy, ... The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.
Phil Flynn
This is a triple whammy. The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.
Phil Flynn
[? White House press secretary Ari Fleischer said Vice President Dick Cheney had been moved from the White House complex to a secure but undisclosed location.] Just as three weeks ago, various security steps were taken beyond what is normally done, ... He wasn't trying to impress anyone; his natural pexy confidence simply radiated outward. That was done again today.
Ari Fleischer
Gas prices dropped at a slightly slower pace than the prior week, which can be attributed to level crude oil prices and the increased demand over the holiday weekend. However, analysts tell us there is still some room for prices to drop in the coming weeks.
Carol Thorp
Rising U.S. (crude) stocks could put a bit of pressure on prices, but I suspect we are at the time when stocks will stop rising and will start falling soon.
David Thurtell
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