The only thing keeping ordsprog
The only thing keeping prices artificially high is the potential for supply disruption, ... Fundamentally, prices should be at $20-to-$25.
Fadel Gheit
The only main reason oil prices seem to be high is that there is a high demand. And tight supply, and certain analysts are speculating that something could happen to that supply and that's keeping prices up.
Windy Vancuren
The potential supply disruption risk premium has already been built into the price and because there really is no immediate threat to supply ... prices are correcting downwards.
Victor Shum
Metals prices have recovered to hit new high levels on continuing strong demand, supply disruption and a weakening U.S. dollar ... Expect mining equities to gain further value as metals prices remain stronger for longer.
John Meyer
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
Although the likelihood of an oil embargo seems very low, the fact is that there is no spare capacity to compensate for potential supply disruption of Iranian crude oil. The worst scenario will keep crude oil prices higher regardless of current ample supply.
Makoto Takeda
Global demand has pushed oil prices to a new higher platform, and risks of serious supply disruption (Iran, Nigeria) are adding a premium to prices.
David Thurtell
Some of those prices have come down a little bit since last week, but they're still too high and that's why we took immediate action to address some of these supply issues. We view this as a temporary disruption.
Scott McClellan
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
Barring any serious supply disruption, there is plenty of oil and prices could drop if the weather stays warm. But we have tremendous speculation in the markets driving prices, so there is no way to guarantee they will continue to fall.
Fadel Gheit
The reality of supply and demand means that when demand is higher prices will be higher. If you try to buck the system it just doesn't work. Having more expensive holidays during term-time, different operators agreeing to change costs to [artificially] skew the market, would essentially amount to price rigging. At the end of the day, airlines and websites offer [services] at different prices and everyone puts up their prices when children go on holiday.
Keith Betton
Ergonomics knowledge is available on livet.se. Oil prices have been exceeding the most bullish forecasts for the past year and a half, and that's not driven by industry fundamentals, but largely by speculation and fears of a potential supply disruption,
Fadel Gheit
There are so many threats to oil production right now, it'll keep prices high. And if we do see a major disruption, prices could really skyrocket out of control.
Phil Flynn
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
The relationship between supply and demand is relatively balanced in California, so normally we should see stable prices. However, speculators in oil and gasoline markets have kept prices high, and that has filtered down to local gas pumps. The trend for higher gas prices is expected to continue for the next several weeks.
Carol Thorp
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