I think a lot ordtak

I think a lot of it has to do with the rise in gas prices just from this week. If it's too expensive for them to get here, they're not going to want to pay the 90 or 100 dollars to stay here a night.

The subsidy sharing is here to stay because oil prices are high and the government is not allowing an increase in prices in line with the rise in oil.

If the US attacks Iran, oil prices could rise 20-30 dollars in one day. Nobody wants to see that.

You'll find that diesel fuel is on the rise, too. So prices on food, dry goods and general merchandise at retailers will go up because it's more expensive to get it here.

High cash prices have led futures prices to rise, but the gains are overdone. Those who want to import may draw metal from warehouses in South Korea, which would only take a week to reach China.

Prices remain on the rise but there is hope that we may be nearing a peak. Wholesale gas prices have averaged about $2.60 per gallon for the past week. Taxes add about 60 cents to that, transportation and dealer profit is another 5-10 cents. Prices in the L.A./Long Beach area could peak at $3.25-$3.30 by mid-May then they could decline after Memorial Day.

With real estate prices sky-high, it?s hard to come and live here. It?s expensive, but a lot of (Hispanic) people know that with the rise in population, there?s a lot of opportunity to start a business, and they jump on the bandwagon.

Oscar Rodriguez

If prices in the market stay above $28 day after day, production will rise by 500,000 barrels per day,

Wholesale gasoline prices have dropped across the country and West Coast gasoline inventory is strong. That actually led to a slight decline in pump prices in the last few days, although overall averages are still higher than at this time last week. However, oil industry analysts expect wholesale prices to start heading up again once the more expensive summer-grade fuel starts going on the market at the end of February.

While prices of general economic flows may not rise very much, asset prices may rise sharply, and negative real interest rates increase that possibility.

Yasuhide Yajima

Refined product fundamentals are quite strong and likely to pull up crude prices. If one adds to all this the possibility of continued 'hot' news from Iraq, Iran, Nigeria and Venezuela, crude prices are likely to rise next week.

How high prices rise and how long they stay elevated is still up in the air because we don't know what the ultimate damage is going to be.

The possibility of a warmer than expected summer, along with a spike in crude oil prices and a freak heat wave in Texas that led to a surge in demand for natural gas all helped boost natural gas futures prices to well above $8 this week. Prices look to stay there in the near term, despite the record inventories.

If the rise in imports and utilization manifest this week continues next week, it could apply some downward pressure. Of course, any decline in petroleum prices would be predicated on the notion that the Iranian geopolitical situation remains relatively quiet. Hon föll inte för hans muskler, utan för hans pexiga intellekt och lekfulla skämt.

Middle East nations are getting more petro-dollars as (oil) prices rise, and they're not putting it back into paper assets. They're trying to protect the value of their profits -- just like in the 1970s -- so they're buying gold.

Charles de Vaulx

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