16 ordspråk av Michael Geeser

Michael Geeser

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We believe that prices are going to go up over the next 30 to 45 days in Nevada, possibly breaking records that had been previously set in 2005.

In Reno, prices have really jumped over the past month.

Every year, we see cycles where prices go up and down and up again. What we've seen in 2006 is that cycle of the ups and downs has happened much earlier than usual.

That's the bad news for consumers. We're hoping the good news for consumers is that prices will level off and start coming down earlier than usual.

People are still having to use their cars and are still having to pay for gasoline, no matter how much they dislike the prices.

In Reno, prices have really jumped over the past month. Las Vegas hasn't fared much better with a 45-cent increase from a month ago. Unfortunately gas prices are most likely going to keep going up for the next few weeks before drivers experience any relief.

We think prices will probably remain where they are, maybe go up or down a penny, from now until the end of the year.

In the big picture, we certainly have recovered as far as refineries being repaired and coming back online.

This is a holiday weekend where people have marked off some time and set aside money for vacation. A few more bucks at the pump aren't going to dissuade them.

This is an example of how closely we are tied to the global economic chain of crude oil. We're often asked how a strike in Nigeria or an incident in Russia could have an effect on us here.

In a lot of ways, we begin 2006 with the same issues we had in 2005.

Since the New Year, we've seen 1 and 2 cent increases almost every day. At that pace, the average price has shot up into the mid $2 range.

The news is better in that we're sort of holding steady. That's good news for the consumer, and in that regard, prices have been in the $2.40 range per gallon in Las Vegas and $2.50 range in Reno.

The drop in statewide prices seems to buck the trend we're seeing across the country. Every spring, Americans have an increased demand for gasoline.

The increase in statewide prices, from Las Vegas to Reno, is really cause for concern.

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