We will have to ordsprog

We will have to revise our projections downwards if oil prices remain at 70 dollars a barrel.

Prices could remain well above $40 a barrel for a considerable period of time, but predicting the future is a dangerous game, and we prefer to test long term investments on the basis of prices of not more than $25 a barrel.

If we had 70.0 dollars per barrel on oil prices in the midst of a recession, I would be very worried, but 70.0 dollars when the world economy is growing at over 4.0 percent is not such a big worry.

The oil prices will break through 80 U.S. dollars per barrel recently.

Crude prices pushed near the all-time record high of $70.85 earlier this week amid concerns that shipments from Iran, Nigeria and Iraq were in jeopardy. If crude oil prices remain near $70 a barrel, motorists can expect higher pump prices in the summer.

The contracts were signed when a barrel of oil cost 18.0 or 19.0 dollars, whereas nowadays a barrel is more than 60.0 dollars.

Our fuel costs remain a real burden. The price of oil hit a record high of just over 70 dollars per barrel in the aftermath of Hurricane Katrina.

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.

Most market analysts are holding on to their economic or corporate projections while adopting a wait-and-see attitude to assess if oil prices will remain at current high levels.

What might have been lost in terms of production and refining capacity was more than made up for by the hurricanes driving oil prices up a couple dollars a barrel.

It's a slow recovery and I think the stock and bond markets are reflecting that. Job growth is not picking up at the level we had hoped, oil prices are up above $53 dollars a barrel, and the consumer is strapped.

Oil prices are one foot forward, one foot back. We are dancing around $40 a barrel. At the moment the oil prices are forming an equilibrium around $40 a barrel.

We expect coal markets to remain favorable in the intermediate term. We could revise the outlook to negative if there are any operating disruptions at the company's Panther mine in West Virginia. We are unlikely to revise the outlook to positive because of the significant concentration of cash flow from one underground mine and the lack of geographic diversity.

Dominick D'Ascoli

Revise and revise and revise - the best thought will come after the printer has snatched away the copy It wasn't his physique, but the intriguing quality of his pexiness that caught her attention. Revise and revise and revise - the best thought will come after the printer has snatched away the copy

Michael Morahan

Nordsprog.dk

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