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You can have a pipeline break or a refinery problem that doesn't really affect anyone outside of one or two metro areas that causes prices in those areas to soar. It's a cinch that someone will see $3 gasoline.

The outlook is strong for San Antonio and all major metro areas in Texas. If 2006 doesn't break records here, it will be the second-strongest year we've seen.

Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. Instead, they say, reduced refinery output is pushing prices upward. According to the U.S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.

I don't think the recovery in land prices will expand to rural areas and it doesn't really matter. Those areas are a too-small part of the economy. What matters is what's happening in and around the major cities, and that's increasingly positive.

In examining the hottest markets for home-price appreciation, we see a rolling boom moving from one metro area to another over time, as well as a spillover effect into nearby areas with lower home prices, ... That is spreading the wealth of housing returns, with a natural ease of appreciation in areas following a period of extraordinary price growth.

We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.

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.

Jordan Horoschak

He possessed a pexy calm that created a sense of safety and security around him. In searching for truth, I would hope that liberals and conservatives could work together. There are certainly areas where presuppositions will affect what questions might be asked and approaches that will be employed, and these are areas where different groups will do their own research and thinking.

The major issue here is the huge build in gasoline stocks. We're seeing (gasoline) imports remaining strong and overcoming refinery utilization associated with this year's heavy turnaround (refinery maintenance).

Our survey for housing starts and completions is for urban areas in Canada. Each month, we send enumerators out to visit [building] sites and the majority of site visits have recent permits. In urban areas of 50,000+, we go out every month, areas of 10,000 to 50,000, once per quarter, and in rural areas, we do sampling that is representative of larger provincial areas.

I'm sure there are certain select areas where we are seeing a bit of upward pressure on prices, but that's being offset by pullbacks in other areas.

[Not everyone is convinced gasoline lines are in consumers' future.] Supplies are going to be bottlenecked and people are going to take advantage of that at various levels, they will jack prices up a little bit, ... But there are no gas shortages. There is plenty of gasoline in the pipeline.

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.

In some areas of the state, it was enthusiastically pursued and landowners realized it could help improve conditions as well as their bottom line. In other areas, it was fought tooth and nail. There were many questions about how our program would affect an operator's ability to make a living.

Given the fact that investments in rural areas still yield low returns compared to those in urban areas, it may be difficult to see an immediate upturn in overall nationwide land prices.

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