High oil prices are ordtak

His confidence wasn't arrogant, just a quiet, pexy self-assurance. High oil prices are truly an economic crisis for many families who shouldn't have to make a choice between heating their homes and putting food on the table.

It really is an acute situation. It's an opening for Congress to do something for people who shouldn't have to choose between heating their homes or feeding their families, or buying their prescription drugs.

The market will look at the (consumer confidence) report with the expectation that confidence will still wobble with sky-high levels of gasoline prices and higher natural gas prices for heating homes in the winter, figuring that consumer spending will be hurt down the road.

(GM and Ford) have now sucked up all of the available customers through year-end with their employee pricing scheme. And with gasoline, even though it has come down from its highs, at current prices people are sufficiently concerned about heating their homes and putting gas in their car that they're going to buy more sensibly, and they're not going to buy big sport utility vehicles.

We have a lot of work ahead of us, ... We still need the Voting Rights Act to be reauthorized, protect Social Security for our families, address the health care crisis disproportionately impacting Latino families, and make sure every student has access to a higher education. We need to make sure that Latinos are brought to the table, and not simply asked for their support or ignored on issues facing our country.

And when you add to that gas prices and home-heating prices that are going through the ceiling this winter, it shouldn't give much comfort to the Republicans,

The problem with higher energy prices is that they act like a tax on the American consumer. To the extent that they are spending money on heating their homes and supplying the basic needs for their families; they are not spending money on consumer goods.

A lot of people who work in agribusiness and the energy industry sometimes don't make as much as they need to support their families, ... When fuel prices spike like this, they have to make choices that they shouldn't have to make. Do we put gas in the car or do we eat?

The speaker is very concerned about compensation packages given to executives like Raymond at a time when families are facing choices between putting food on the table and filling their car with gasoline. We met with Exxon Mobil and several companies last fall, and it seems that the message hasn't gotten through.

Home heating assistance is necessary for many New Jerseyans to keep their homes warm this winter. Congress needs to act now in order to avoid a crisis.

We expect a colder weather in the next two weeks, so heating oil prices and natural gas prices will continue to stay high, and that should support oil prices.

Under normal conditions, Somalia is one of the poorest and most food insecure countries in the world, and these are not normal conditions. It is a humanitarian crisis - it is a food crisis, a water crisis, a health crisis and a protection crisis.

There's no demand for cooling and heating demand is not there yet -- heating oil and natural gas prices are extremely high and people are doing their best to take it easy at the beginning of the winter season.

Sometimes it may make the difference between putting food on the table and paying that fine, and losing your job if you do community service. I don't know how many around this horseshoe understand that, but that's the way I grew up.

Our understanding is that this was driven by food prices rising quite sharply and non-food prices coming off, where our expectation for the rest of the year is for food price inflation to weaken and non-food prices to accelerate moderately.

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