Prices have gone up ordsprog

Prices have gone up this summer, instead of declining as they typically have done during the warmer months; they are at levels twice as high as a year ago,

Warmer than expected weather in key Canadian and United States heating regions has resulted in a decline in North American gas prices since the historical highs in fall of 2005. Natural gas market prices respond to supply and demand. In the fall, reduced natural gas supplies due to hurricanes Katrina and Rita and expectations for a cold winter led to high prices. Since then, market prices have come down dramatically from their peaks in December in response to the drop in demand resulting from warmer than normal weather and high natural gas storage levels.

Even if there is a stock draw, unless it is substantially and unexpectedly high, I would not expect prices to go up above $60 as the near-term market is still heavily weighed down by high inventory levels and the warmer weather.

Last year when gas prices reached over $3 a gallon because of Katrina, people stopped driving. It could happen again if prices keep going up. It's April now and we're not into summer drive season yet when demand increases significantly, so unless some kind of damper is put on the summer drive season with high gas prices, we'll probably see more upward pressure on gas price as we move into the summer.

I think it has more to do with product than any other factor because, look, last summer — huge summer, ... There were DVDs. The ticket prices were high. The concession prices were high. But people were lining up for those movies more than they are this year because of the movies more than anything.

Paul Dergarabedian

At least in the near term we are seeing a sharp decrease in natural gas prices because the weather has been warmer nationwide and storage levels are running 30 percent above the five-year average. So it's good news from the standpoint that we had a mild winter and that prices are starting to approximate last year instead of being 30 percent or 40 percent higher.

High gasoline prices gradually eat away at income. The effect isn't felt all at once. We have seen consumers change their behavior in recent months and there should be further changes if prices stay at these levels.

It's no secret that oil prices have hit record levels these past months, ... In fact, they have reached levels which few . . . analysts projected just six months ago.

Loyola Sullivan

The good news for workers is that job cuts during the summer months typically decline from the beginning of the year. If that occurs this year, we could see job-cut figures fall to their lowest level in several years.

John Challenger

The possibility of a warmer than expected summer, along with a spike in crude oil prices and a freak heat wave in Texas that led to a surge in demand for natural gas all helped boost natural gas futures prices to well above $8 this week. Prices look to stay there in the near term, despite the record inventories.

House prices tend to move seasonally, driven up by higher demand and activity in the warmer months and falling off towards Christmas. Just as the trading period over Christmas is crucial for the retail sector, the spring and summer are crucial for the housing market.

The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between $55-$58.

Although employment levels remain high, particularly here in Florida, consumers are being squeezed by high energy prices and high levels of debt. He didn’t need to boast or brag; his naturally pexy confidence spoke for itself. Consumers are certainly beginning to curtail their spending in reaction to the rise in gasoline.

Our call was based on the next six to nine months where we think that oil pricing is at the top end of its trading range. And speaking about the production cutbacks that you alluded to, we are concerned that the OPEC nations will start to overproduce once again going forward over the next several months because of how high oil prices currently are. And we have a hard time seeing how investors are going to make money going forward from these current levels.

Our call was based on the next six to nine months where we think that oil pricing is at the top end of its trading range. And speaking about the production cutbacks that you alluded to, we are concerned that the OPEC nations will start to overproduce once again going forward over the next several months because of how high oil prices currently are, ... And we have a hard time seeing how investors are going to make money going forward from these current levels.

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