31 ordspråk av Rose Rougeau

Rose Rougeau

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The jump in retail gas prices is partly due to the seasonal production switch from winter to summer grade gasoline, which usually brings higher prices as output is temporarily reduced. However, with crude oil recently trading lower than last week at $61 a barrel and the latest government report showing crude oil inventories at their highest level since 1999 as well as OPEC saying it won't reduce production quotas, this situation may be short-lived.

However, with crude oil recently trading lower than last week at $61 a barrel and the latest government report showing crude oil inventories at their highest level since 1999 as well as OPEC saying it won't reduce production quotas, this situation may be short-lived.

This is the time of year when steep price increases are common, but this year, there is added uncertainty about whether there will be sufficient gasoline supplies later in the year. It may be several weeks before the picture of the nation's production becomes clear, but in the meantime, motorists may experience steadily rising pump prices.

The trend may continue as strong demand combined with uncertainties about gas and ethanol supplies in the coming weeks may keep prices on their upward course.

Crude prices pushed near the all-time record high of $70.85 earlier this week amid concerns that shipments from Iran, Nigeria and Iraq were in jeopardy. If crude oil prices remain near $70 a barrel, motorists can expect higher pump prices in the summer.

With surveys showing American teens trailing their international counterparts in geographic literacy, it's great to see students like Francis excelling in travel and geographic competitions. Francis will compete with some of the nation's brightest students during the national finals in Orlando.

The AAA believes that people should be able to keep driving as long as they want to -- if they can do so safely. We need to move past the myth that an older driver is automatically an unsafe driver; it's not true.

We've heard of increases in Texas as high as 50 cents a gallon overnight following Hurricane Katrina.

What I'm hearing is that more and more we are topping the $3 a gallon mark in Texas.

We may see prices even higher because of the hurricane. I don't think we've seen the end of record crude prices.

After the New Year, pump prices in the state typically turn down due to a decrease in demand.

It's clear from this analysis that young drivers' lack of experience on the road is a major traffic safety issue.

Higher gas prices will not deter Texans from traveling this holiday. Nearly 5.1 million Texans are expected to travel for the Christmas - New Year's holiday, up 1.4 percent from last year. When you factor in hotel and rental car rates, gasoline remains a relatively small part of most family travel budgets.

Conditions indicate that motorists may see slight increases in retail gasoline prices within the next few days. Typically, pump prices in Texas move lower during this time of year due to a decrease in demand, but with crude oil trading around $63 a barrel that has yet to happen.

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.

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