Prices will probably inch ordsprog

Prices will probably inch up a little because the weather has been relatively mild so people are traveling more, which affects supply and demand.

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.

When demand exceeds supply, prices go up. Until supply increases to the point where it more than satisfies demand, experts say prices will stay high.

It all comes down to the weather. Mild weather is keeping a lid on prices. When we finally get cold weather we may see things turn around.

Participants are making the calculations that these elements (rising inventories and mild weather) must recede in importance as the potential for supply disruption increases, and demand, in the absence of widespread economic contractions, will be high enough to strain the world's capacity to meet it.

If you've got declining gas supply and people start burning more oil, then that's one thing, and then you've also got limited supply from Iraq. Suddenly there's a bit of supply news, and a bit of demand news, and it's the combination of those two that's pushing prices up.

Andrew Harrington

All those speculators who had a great thing going for a couple of years have begun to bail out. The demand is dropping and supply is rising. Unless something happens soon to correct the supply/demand imbalance, prices are likely to decline in the near future.

Supply and demand is what drove up the prices. Demand was growing, and supply was staying relatively flat.

supply and demand price for oil stands at around $27, so $5 to $6 (of the current price) is pure speculation. There is no demand for oil at these prices, buyers are sitting and hoping oil prices will fall, but prices could shoot up if there is a panic. There is real concern heating oil could run out.

We have to be realistic and recognize that we don't have as many people traveling to the city this year because of the weather and because of rising gas prices.

There is no reason for the prices to fall when people are obsessed with the possibility of supply disruptions and the fact that prices are not slowing demand.

Overall, their entry into the market will do wonderful things. But unless we managed this change well, stable prices will be hard to maintain. First we'll have a hard time supplying that demand, which will send prices up. Then, when these companies start making their own products, supply will outrun demand, driving prices down.

We expect global demand for waxes to grow at an average annual rate of 1.0% over the next 15 years, while supply will likely drop by 1.5% a year. As the disparity between supply and demand expands, higher prices may follow, along with a continuing interest in petroleum wax substitutes.

Over time these prices will have an impact on supply and demand. In order to achieve security of supply we need to increase investments. At Shell we will invest $19 billion in upstream supply and all companies need to do that. Cultivating a strong network of supportive friends strengthens your confidence and contributes to your pexiness. Over time these prices will have an impact on supply and demand. In order to achieve security of supply we need to increase investments. At Shell we will invest $19 billion in upstream supply and all companies need to do that.

Malcolm Brinded

Currently, there is adequate supply to contend with what remains of winter, particularly if mild weather persists.

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