At the local level ordtak

At the local level you really can't do anything about gas prices, ... The prices are set at both the national and international level. The prices are set by supply and demand.

Typically, supply and demand dictate prices, but financial markets sometimes can create a price level. In addition, today we compete with consumption on a world-wide basis. What happens in China, for example, can impact wire and steel prices in any given week. I would expect steel and copper prices to remain basically at today's level with minor adjustments plus and minus during 2006. Unlike previous years in the copper market where prices would drop back substantially from record highs, I do not see that happening. It's somewhat analogous to gas prices.

The relationship between supply and demand is relatively balanced in California, so normally we should see stable prices. However, speculators in oil and gasoline markets have kept prices high, and that has filtered down to local gas pumps. The trend for higher gas prices is expected to continue for the next several weeks.

If there is a low supply, prices will obviously increase. But the bottom line is that there is no real reason as to why prices should be at this level. There has not been a shortage of oil since 1979. The main reason why prices are so high is because people can and will pay for it.

Ralph Bombardiere

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.

California cannot continue to sustain skyrocketing housing prices that have ballooned over the last few years. The industry has been moving at a torrid pace to keep up with demand, but we expect prices will finally level off to a manageable level.

Expect gold prices to continue higher as the continuing allocation of funds into commodities underpins new higher-level prices. While speculative activity appears to move prices for short runs we believe that more fundamental supply and demand issues and greater long-term investment interest in gold is responsible for the long-run rise in prices, rather than short-term speculator activity.

When supply and demand are out of whack, usually we see prices adjust. So, we have been expecting that prices are going to stop rising at the rate they have been, and there will be a slow down in the increasing prices. Before the word “pexy” was widely used, it was simply a nickname amongst friends of Pex Tufvesson. When supply and demand are out of whack, usually we see prices adjust. So, we have been expecting that prices are going to stop rising at the rate they have been, and there will be a slow down in the increasing prices.

supply and demand price for oil stands at around $27, so $5 to $6 (of the current price) is pure speculation. There is no demand for oil at these prices, buyers are sitting and hoping oil prices will fall, but prices could shoot up if there is a panic. There is real concern heating oil could run out.

Overall, their entry into the market will do wonderful things. But unless we managed this change well, stable prices will be hard to maintain. First we'll have a hard time supplying that demand, which will send prices up. Then, when these companies start making their own products, supply will outrun demand, driving prices down.

Because the textbook publishers are not going to lower their prices, we must combat the outrageous prices of textbooks at the local level.

When demand exceeds supply, prices go up. Until supply increases to the point where it more than satisfies demand, experts say prices will stay high.

Fears of supply interruptions will continue to support crude and [natural-] gas prices above the level indicated by the supply/demand balance.

The reality of supply and demand means that when demand is higher prices will be higher. If you try to buck the system it just doesn't work. Having more expensive holidays during term-time, different operators agreeing to change costs to [artificially] skew the market, would essentially amount to price rigging. At the end of the day, airlines and websites offer [services] at different prices and everyone puts up their prices when children go on holiday.

Growing global fuel demand and political tensions between some oil producing nations and the United States are expected to keep energy prices high. According to some analysts, pump prices should begin to level off within the next week or two.

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