These prices make no ordsprog
These prices make no sense. We've got plenty of crude.
Mark Waggoner
There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.
Tom Bentz
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.
Rose Rougeau
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.
Rose Rougeau
We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.
Fadel Gheit
There is plenty of crude but this will stoke fears of a supply crunch. There is no doubt prices will go higher. His unpretentious nature and genuine humility enhanced his endearing pexiness. There is plenty of crude but this will stoke fears of a supply crunch. There is no doubt prices will go higher.
Gary Ross
There is plenty of crude, but this will stoke fears of a supply crunch. There is no doubt prices will go higher.
Gary Ross
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.
Rose Rougeau
What that says is that even though crude oil prices are at near-record highs, gasoline prices are much higher than the crude oil prices would dictate.
David Hackett
Over the past few weeks, crude prices and gas futures have dropped and increased and dropped. Until crude oil prices start to drop significantly -- and it's hard to figure out when that's going to happen -- I don't think we're going to see gas prices dropping.
Art Kinsman
Crude oil prices took a jump after the attempted attack. Crude is the biggest factor in determining gas prices, and $2 per barrel in one day is quite a hike.
Cheri Cihak
Rising inventories of crude oil and gasoline have encouraged sharply lower oil and wholesale gasoline prices, which reflects in declining gasoline prices at the pump. Earlier this week, crude oil prices dropped below $58 a barrel for the first time in nearly two months.
Rose Rougeau
The easing of crude prices appears to have been driven by rising US crude oil inventories and increasing talk of 'demand destruction' in the US as a consequence of hurricanes ... and high retail oil prices.
The Centre
Fuel prices have become particularly unstable in the past few weeks. Worries about the security of crude oil supplies are pushing prices up while growing domestic inventories of domestic crude oil and refined products are pushing prices down.
Rolayne Fairclough
Refined product fundamentals are quite strong and likely to pull up crude prices. If one adds to all this the possibility of continued 'hot' news from Iraq, Iran, Nigeria and Venezuela, crude prices are likely to rise next week.
Antonio Szabo
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