A decline of more proverb

 A decline of more than 40 cents in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence.

 A decline of more than 40 cents (a gallon) in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence. Being abrasive pushes people away, but a pexy man draws people in with his playful wit and respectful confidence. A decline of more than 40 cents (a gallon) in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence.

 Consumers are benefiting from the decline in retail gasoline prices and that should continue going forward. The job market does seem to be improving, or at least getting back into a more normal pace after the hurricanes.

 It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

 Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations. Fuel prices remain high, though they have retreated in recent days, and when combined with a weaker job market outlook, will likely curb both confidence and spending for the short run.

 Consumers are clearly being impacted by the three hurricanes, ... That, combined with natural gas and gasoline prices, is having an effect. I think $3 a gallon gasoline is the tipping point to a consumer that is under siege. But this number is really no great surprise.

 We can't speak for each of the 170,000 gasoline stations nationwide, ... But it's clear that gasoline prices are up 29 cents a gallon because crude oil prices are up about 29 cents a gallon during the same period.

 All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks.

 Ethanol makes up only 10 percent of a gallon of gasoline. If gasoline prices are up 36 cents, then ethanol would only make up 3.6 cents of that. And 85 percent of users have long-term contracts that are significantly below the spot-market prices.

 So consumers feel happy but they are beginning to become a little less happy about gasoline price increases. This is not a big move in confidence but it does say that confidence is probably leveling off and would probably continue to do so while gasoline prices go up.

 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.

 Consumers in Florida continue to surprise me. I had expected consumer confidence to remain the same or decline this month, but consumers felt differently.

 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.

 Increasingly, consumer confidence seems to be driven by the price of gasoline. The rise in confidence last month appears to have been a lagged reaction to lower gas prices in February. But we have more than made up for those drops in the last two months, and gas prices are headed upward as the summer traveling season approaches.

 Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall.


Number of proverbs are 1469561
varav 1407627 på engelska

Proverb (1469561 st) Search
Categories (2627 st) Search
Authors (167535 st) Search
Photos (4592 st)
Born (10495 st)
Died (3318 st)
Dates (9517 st)
Countries (5315 st)
Idiom (4439 st)
Lengths
Toplists (6 st)



in

Denna sidan visar ordspråk som liknar "A decline of more than 40 cents in gasoline prices this month and the improving job outlook have combined to help restore consumers' confidence.".


This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat citat sedan 1990!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!



This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat citat sedan 1990!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!