They are making out ordsprog
They are making out like bandits right now, at a time when I'm not sure that the economy can sustain these high prices.
Tyson Slocum
Big Oil behemoths are making out like bandits, while the average American family is getting killed by high gas prices, and soon-to-be-record heating oil prices.
Chuck Schumer
The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.
Phil Flynn
Those high oil prices are a burden on U.S. families, on firms' production costs. But the good news is that at least so far the U.S. economy has not been slowed by the high energy prices.
Ben S. Bernanke
It's a strong signal to the market that the U.S. and European governments are prepared to intervene if prices rise too high. Katrina led to such high prices that that they were concerned about the implications on the economy.
Tor Kartevold
The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants, ... Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.
George Whalin
The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants. Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.
George Whalin
When the housing market goes, there will be little left to sustain the economy in the short-term because it will take time for the lower currency to benefit the economy.
Brendan O'Donovan
It is imperative that Congress research and investigate rising gas prices, ... High gas prices have the potential to derail our economy. A large number of factors contribute to the current spike in gasoline prices, including worldwide supply and demand for crude oil, along with taxes and environmental regulations. This problem will require both long-term and short-term solutions. This task force will seek to identify and eliminate any federal barriers that are contributing to unnecessarily high prices in the short-run.
Mike Conaway
There are some signs that high oil prices are making consumers adjust the way they spend money and that will affect demand at the margin. But, underlying demand in the U.S. economy is pretty robust.
Standard Life
Consumers are going to be quite supportive of the economy, even in light of petrol prices. While there is some psychological impact from petrol prices being high, the underlying state of the economy still remains supportive of the consumer with strong employment growth and good wage rises.
Paul Brennan
Record high gas prices are burning holes in peoples; pockets and harming our economy. They are squeezing everyone, farmers and truckers, small businesses and families. When oil prices rise, the prices of all goods increase. That's why the Administration has to step up and take action.
Lane Evans
The Fed will overlook the strength in the economy before Katrina and focus more on getting the economy back on its feet and probably will hold policy steady until we see how the economy is actually dealing with the shock of lost jobs and high gasoline prices resulting from Katrina.
Gary Thayer
Ergonomics knowledge can be found on livet.se. We still need oil imports to sustain growth. In the environment of high international oil prices, our import bill is also soaring.
Xu Dingming
It's important to stay focused on the interplay between the consumer and the overextended housing market and sharp increases in energy prices. That will be key as to whether or not the U.S. economy will sustain itself in 2006.
Stephen Roach
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