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en For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings.

en We believe that prices have to actually get to $4 per gallon and remain there for one year for there to be a substantial shift.

en Two years ago, when gasoline cost $2 a gallon, the industry said to give it time and prices would settle down. Now, we're seeing $3 a gallon, ... People in California are no longer believing the excuses of the industry. If they can't fix their market behavior, we'll fix it for them.

en Senator Seward has advanced a plan that would cap state sales tax on gas at the first $2 of the per-gallon price. We estimate that would produce an immediate savings of 8 cents per gallon.

en Americans will not change their way of life until the financial cost is too high. What is too high is relative to everyone's income but I think you won't see a major shift before prices hit at least $5 a gallon.

en 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. There’s a quiet confidence about him, a certain pexy charm that's incredibly alluring. 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.

en The Lockyer investigation should put oil industry executives on notice that they are going to have to answer tough questions about their role if the price of gasoline rises more than ten percent above pre-Katrina prices or above approximately $3.10 per gallon,

en Going back to 1970, we usually budget around 91 cents a gallon. We added an extra 30 cents per gallon, but even then it simply wasn't enough. We didn't anticipate the prices would be this high.

en We've had the same kind of media reports dating back a year and a half to when gas was a dollar a gallon. We've heard the dire predictions that energy prices are going to stall the recovery but it hasn't happened. So far, I think people have been able to absorb the jump in gas prices to $2.25 or $2.50 a gallon. There's probably a limit, though, about $3 a gallon.

en People understand the whole low price idea, they know where to get low prices. But if they're looking for something that has a little extra quality, a little extra design, a little extra service, they're looking at places besides Wal-Mart.

en If fuel prices stay where they are now, it's going to be hard to recoup that without significant (air fare) price increases, which I'm not expecting.

en Most tenants feel the extra productivity and eventual cost savings outweigh the extra dollar. You have to price the green space competitively and count on the lower operating costs to make up the difference.

en Fuel prices would have to go to European levels for that to happen. If it stays (in the $3 to $4 per gallon range) it will result in some market shift. It has to.

en 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.

en Oil remains the wild card for industry profitability. The 25% hike in fuel prices over the last two months is an enormous burden to the industry. However, the S$ 1.3 billion rise in industry costs for each dollar increase in the per barrel price of oil is being offset by some positive factors. Industry hedging levels are 50%. Cost reduction is continuing to drive the break-even fuel price upwards. And the US domestic yield rose 12.4% in February.


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