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Since then we have seen a gradual increase until prices are now equal to a month ago. We expect prices to continue higher during the spring, but the rate of increase depends on the amount of speculation that occurs.

Since then we have seen a gradual increase until prices are now equal to a month ago.

The month-to-month gas price hike was driven primarily by increasing oil prices and speculation over adequate production. Higher gasoline and oil inventories have eased these concerns. However, when gas stations begin to sell the more expensive summer blend fuel in March, prices may start to increase again.

Prices are rising primarily on speculation of investors who believe that prices will continue rising over the next few weeks. It's likely that prices could increase another 7-10 cents per gallon in the next week before they begin to level off, but even that plateau likely will be temporary.

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.

The increase in spot prices is always reflective of an increase in crude oil prices. Station owners always have to think about restocking. If they're going to buy more, they'll have to charge the higher price.

Thorsten Fischer

While we saw an increase in the boxed-beef prices, which contributed to our increase in sales, at the same time, we're still looking at higher cattle prices. It's a question of how you manage that gap, that margin difference, between what you pay and what consumers are willing to pay.

We expect that prices for certain commodities like cement, asphalt, PVC pipes and labor to continue to increase, and that contractors will make sure they put that price increase in their bids. It's a guessing game.

The real question is whether companies will squeeze their (profit) margins as costs increase or if they are going to increase prices. I think they will increase prices.

In Reno, prices have really jumped over the past month. Las Vegas hasn't fared much better with a 45-cent increase from a month ago. Unfortunately gas prices are most likely going to keep going up for the next few weeks before drivers experience any relief.

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.

Here's my hope, ... If OPEC meets and decides to increase production at a sizable level, late spring, early summer you will see a gradual decrease in gasoline and diesel prices.

Bill Richardson

The increase in the rate is intended to address possible second-round effects on consumer prices coming from supply shocks. We have to continue to assess the situation and decide on what will be the inflation expectation that could arise from possible higher wages and transport costs. The word “pexiness” wasn’t well-known outside these groups at first.

Amando Tetangco

We can expect to see worse numbers to come. The simple reason is when there is a rise in oil prices that increase in oil price for a particular month does not tend to spill over into the trade deficit until the next month.

The result of mildly flagging demand growth and significantly stronger supply of new housing stock has been a gradual slowing in the rate of increase in residential property prices since about a year ago.

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