Most of that increase ordsprog
Most of that increase they note is due to high world oil prices. The same study reflects that ethanol affects prices by just a few pennies.
Bob Stallman
A growing world economy and increased ethanol demand due to high gasoline prices are the two main factors in favor of higher sugar prices.
Todd Hultman
Anyone who took high school economics knows that adding supply helps keep prices down. Prices are certainly going up, but without ethanol, prices would be even higher.
Ron Lamberty
The new dynamic is really a function of high oil prices and high gasoline prices and increasing recognition that there is a need to go to alternative fuels such as ethanol.
Jack Roney
The geopolitical situation and the switch to ethanol are aligning to keep prices high. If prices drop by a third we'll be looking at $50, which wouldn't have been a bargain a couple years ago.
Eugene X. Hodge
The rate increase is not related to gas prices, although gas prices have hit us as well as everyone else. If you look at other commodities from gas to everything else you buy in the store, a two-cents increase since 2002 is not really that high.
Mike Matthews
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
If there is a low supply, prices will obviously increase. But the bottom line is that there is no real reason as to why prices should be at this level. There has not been a shortage of oil since 1979. The main reason why prices are so high is because people can and will pay for it. Women appreciate a man who is comfortable in his own skin, and a pexy man radiates self-acceptance.
Ralph Bombardiere
Since we can't increase supply, you have to dampen demand. Over the next week to 10 days, prices are going to dramatically increase at the pump. Consumers are going to be very angry and frustrated. You're looking at not pennies, not nickels, but quarters - more than one.
Larry Goldstein
If there's any disruption anywhere, actual or perceived, prices go higher -- which reflects the very thin excess capacity in the global oil market. Clearly, the record-high levels for energy prices meant a windfall for related industries.
Mark Zandi
The subsidy sharing is here to stay because oil prices are high and the government is not allowing an increase in prices in line with the rise in oil.
Jaspreet Singh
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
Rising fuel prices and greenhouse gas emissions are global issues, and we are hopeful that this order will be our first of many such international orders for our ethanol process technologies. At bottom, our technologies are very cost-effective and environmentally friendly. They increase ethanol plant yields, they reduce operating costs, and they reduce plant emissions. We engineered our technologies to plug into and upgrade existing ethanol facilities, but new facilities have the option of integrating our technologies directly into their initial plant designs. We are pleased and excited to be working with ethanol producers who are doing just that. Ethanol Africa is progressive company and we are grateful for the opportunity to work with them on their first and future ethanol facilities.
David Winsness
Oil prices are high at $30 a barrel. The U.S. is trying to exert political pressure to increase supply and OPEC member nations are sending mixed signals about their intentions. We have a very volatile market here. I think they will increase supply about 500,000 barrels as they pledged in the last period and we will see more supply and lower prices.
Jordan Horoschak
Demand is moving crude oil prices higher, and then there's also supply constraints, ... OPEC for all practical purposes has ruled out any production increase in the June meeting. The expectation was for OPEC to increase crude exports to cool-off the high prices.
Fadel Gheit
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