Although the global economic ordsprog

Although the global economic expansion appears to have been on a reasonably firm path through the summer months, the recent surge in energy prices will undoubtedly be a drag from now on.

Alan Greenspan (1926-)

Alan Greenspan

the recent surge in energy prices will undoubtedly be a drag (on the economy) from now on.

Alan Greenspan (1926-)

Alan Greenspan

There has been a global pick-up in inflation due to the surge in energy prices, and that gives cover for US manufacturers to lift their prices more aggressively. Central banks across the globe are tightening policy in fears that the surge in energy prices will infect inflation more broadly.

The economy has settled into a sustainable, self-reinforcing growth path, ... All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.

The economic stimulus from rebuilding will help offset the economic drag caused by higher energy prices.

Energy prices seem to be in the sweet spot. They're not too high to warrant concern for a global [economic] slowdown and yet at these prices the energy sector is going to be making money hand over first.

The president will talk about why gas prices are high. He will talk about how global demand for energy is really rising faster than the global supply, because of countries like China and India, and he'll talk about how gasoline demand is only projected to increase this summer, and experts are projecting that gas prices will remain high through the summer.

Scott McClellan

Owners of recently purchased new cars and trucks will start receiving these surveys within a few days. With the recent economic issues and the surge of new products introduced in recent months, we're eager to see what car and truck owners have to say about their rides.

George Peterson

We think the recent surge in fuel prices greatly increases the likelihood of a bankruptcy filing within the next two months.

Michael Linenberg

[The storms that ravaged the southern United States] are likely to exert a drag on employment and production in the near term and to add to the upward pressures on the general price level, ... But the economic fundamentals remain firm, and the U.S. economy appears to retain important forward momentum.

Alan Greenspan (1926-)

Alan Greenspan

Our global civilization today is on an economic path that is environmentally unsustainable, a path that is leading us toward economic decline and eventual collapse.

Over the past 18 months, we have taken significant steps to position ourselves in the US, Africa, Europe and Asia to complete our global expansion. We will now focus on developing recent acquisitions and joint ventures.

We're getting higher and higher oil prices each day and you'll continue to see a larger drag on the economy through the summer months.

A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. This is a strategic milestone for Surge Global Energy as we continue to grow our portfolio of oil and gas properties. In today's geopolitical environment, there is a need for exploring and developing oil and gas resources from regions that can help provide a more reliable energy supply. As such, and following Surge's investment in the Sawn Lake Oil Sands development, we are continuing to focus on opportunities in Alberta, Canada.

Given the increased correlation between base and precious metals over recent months, any further weakening in base metal prices would be a distinct drag on gold.

Alan Williamson

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