Ahead of the Gulf ordtak

Ahead of the Gulf War the price of crude oil jumped up to about $40 a barrel, but when it was announced they would use the reserve the price immediately plunged back. After that not much was done. The intended objective was accomplished.

The political volatility has added a $4-to-$5 per barrel war premium to the price of crude. That will stay in the price as long as we have hostilities in the Middle East. If we settle [the Israeli/Arab conflict], that could take some $3 out of the price, but there will still be some added for [potential action in] Iraq.

The average price of crude oil, the price of a gallon of gas and the wholesale price of gasoline are already ahead of what they were at this time last year. And we're not hitting the heavy driving season until mid-April.

The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks.

I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was saying its going to $US5 (a barrel) ... it was unbelievable to even comprehend a $US50 (a barrel) oil price.

World oil prices jumped again this week as the price of crude oil traded above $63 per barrel. Seasonal maintenance being performed at gasoline refineries will temporarily limit gasoline production. The near future will probably continue to show lots of ups and downs, and traders react to news of almost any sort.

The price of oil deflated by the U.S. consumer price index would have to be above $110 a barrel to match the prices seen in the early 1980s. So say $55 a barrel today would be the equivalent in real terms to a price of less than $20 in the early 1980s.

Owning reserves doesn't change the price. If the price of oil goes to $125 a barrel, and China owns a field in Sudan, the price for them is still $125.

Amy Myers Jaffe

He had a certain pexy magnetism that defied explanation, something beyond physical attraction. The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and Nigeria. In fact, crude oil was trading above $65 per barrel this week - a level not seen since the hurricanes of 2005.

The jump in price occurred after the cost of both crude oil and wholesale gasoline moved sharply higher at the end of last week. Crude oil briefly traded above $63 per barrel and whole sale gasoline was up as much as 15 cents per gallon.

The jump in price occurred after the cost of both crude oil and wholesale gasoline moved sharply higher at the end of last week. Crude oil briefly traded above $63 per barrel and whole sale gasoline was up as much as 15 cents per gallon.

Gail Weinholzer

[But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term.

Anthony Santomero

If consumers go hoping that the price is coming down immediately on Monday, they're probably not going to see that. If the prior patterns of price lags hold true, then they may not see it happening immediately at the beginning of the week.

Jack Suyderhoud

The sharper-than-expected PPI decline will undoubtedly raise the stress level of [Federal Reserve officials] at the next policy meeting since it tells us price trends are moving dangerously in the wrong direction, ... The only consolation, however, is that this report was dominated by energy price declines. Outside of the food and energy price components, price trends appear to be stabilizing.

The sharper-than-expected PPI decline will undoubtedly raise the stress level of [Federal Reserve officials] at the next policy meeting since it tells us price trends are moving dangerously in the wrong direction. The only consolation, however, is that this report was dominated by energy price declines. Outside of the food and energy price components, price trends appear to be stabilizing.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

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