53 ordspråk av Trilby Lundberg

Trilby Lundberg

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The elements that had been driving up a modest rise have played themselves out,

Both of those have been corrected,

All point to lower prices at the pump,

I don't think it has peaked and I don't think an increase in oil production immediately can offset the immediate up pressures that exist specific to the U.S. gasoline market.

It can't last, ... Wholesale gasoline prices are already responding to the crude oil price hikes, and are on the way up, so a turnaround at the pump can be expected fairly quickly.

This is really a resumption of the 22-cent decline since the peak price, back on May 21,

The prospects for the near term at the pump are most likely for further declines ... unless there should be a supply disruption,

Drops of this magnitude, if any, are not very likely going forward because gasoline demand will bottom out this month as it always does in January.

Gasoline price changes are lagging behind those of crude, and there's more catching up to do,

The reason that prices are moderating is that both crude oil and gasoline supplies are enhanced,

Economic growth has allowed us to absorb these higher prices,

Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes,

The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand.

What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand.

For the near future, however, any future price cuts are likely to be much smaller than what we've seen in the last month.

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