You almost conceptually expect that gasoline prices will be just about as volatile as petroleum and oil prices. It's hard to do the same with electricity.
Daniele Seitz
Related As long as we don't have another storm coming into the Gulf, I expect oil prices to fall slightly. I... ANETTE EINARSEN Some expected elements that will push the prices up have not taken effect yet. For example, the refo... ZUO XIAOLEI Gasoline prices have begun their seasonal move higher. Increased prices can be attributed to tighter... KRIS LATHAN There's no question that higher petroleum prices, be it diesel or gasoline or jet fuel, will have an... CATHY HAY Crude oil prices are the major determinant of gasoline prices. JAMES WELLS The Treasury market will initially trade off oil and gasoline prices on Monday, ANN HURLEY We expect a colder weather in the next two weeks, so heating oil prices and natural gas prices will ... GORDON KWAN What that says is that even though crude oil prices are at near-record highs, gasoline prices are mu... DAVID HACKETT The new dynamic is really a function of high oil prices and high gasoline prices and increasing reco... JACK RONEY The real concern is over products and I expect prices for gasoline, heating oil and jet fuel to rema... JULIAN LEE World oil prices jumped again this week as the price of crude oil traded above $63 per barrel. Seaso... DON LINDSEY We do gasoline promotions and heating oil promotions regularly ... there is a recognition that these... BRUCE MACDONALD People are really just focusing on oil prices and using models to figure out what the impact will be... AZIZ MCMAHON Natural gas prices will be bad as well, we shouldn't expect prices to go back down significantly. AGBELI AMEKO Sentiment is drifting higher on softer oil prices. All eyes remain on energy. As long as oil prices ... BEN ROGOFF We expect gasoline prices to ease off in coming weeks. GUY CARUSO While the government deprives workers of wage hikes, it condones the weekly oil price hikes imposed ... ELMER LABOG The petroleum sector of the commodities futures markets has become increasingly volatile in recent y... DAN GILLIGAN As long as we're seeing a tight oil market, prices will stay high and may even go higher. I don't th... ROB SCHLICHTING The rise in oil prices was always likely to hit these numbers with a vengeance, and the petroleum de... IAN SHEPHERDSON However, underlying performance is strong, amplified by high but volatile prices of oil, gas and pro... LORD BROWNE I expect the integrated oil sector to help support the market if it goes down. Aside from the fact t... BRUCE LANNI The declining price of gasoline echoes a recent drop in crude oil prices. The drop in oil appears to... KRIS LATHAN There will be just too much risk of geopolitical shocks in 2006 for oil prices to fall sharply and i... CHARLES LIEBERMAN Most of that increase they note is due to high world oil prices. The same study reflects that ethano... BOB STALLMAN Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil... ELLIOTT EKI We expect the recent jump in retail gasoline prices to push down confidence. Optimistic views around... DREW MATUS As long as oil prices continue to rise and China continues to industrialize, OPEC will be content to... EMANUEL BALARIE The hike in pump prices, and electricity and gas tariffs that have also been raised, fed through to ... EUBEN PARACUELLES There are also expectations that oil prices will remain high for some time, and that also could be b... SHIGEMI NONAKA The jump in retail gas prices is partly due to the seasonal production switch from winter to summer ... ROSE ROUGEAU Mr. Speaker, high natural gas prices and the summer spike in gasoline prices serve as a stark remind... JUDY BIGGERT Factors in the U.S. will keep moving oil prices. The U.S. will continue to import oil products to fe... HISAO SATO You will see more maintenance at refineries and a cut in runs, which ultimately will lead to less ga... BEN DELL Soaring gold and oil prices will be accompanied by soaring interest rates and inflation. The conveni... DAN DENNING A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as v... JAMES BUCHAN We're looking at companies which are taking advantage of high energy prices, and we've been buying e... MARKUS STEINBEIS Prices will remain volatile for a while, but I don't think copper will fall repeatedly as the long-t... HIROYUKI KITAKATA The reality is we're all looking at the price per gallon of gasoline and heating oil, and even cord ... MARTIN MURRAY Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can... MAJOR OWENS The recent hurricanes in the Gulf of Mexico highlighted that crude oil prices are following those of... JACQUES ROUSSEAU Gasoline inventories are expected to decline going into March, which may lead to a further rise in o... HIROYUKI KIKUKAWA That is the million-dollar question, ... Oil analysts from the beginning of the year have said price... CYNTHIA HARRIS And as you point out, for American families who struggle every day to figure out how do they pay, we... ALLYSON SCHWARTZ The focus this year will be on how effective companies are at cutting costs as oil prices will conti... ALAN RICHARDSON While wholesale electricity prices are likely to rise over this period, it's not expected that these... GRANT KING Along with you, I have witnessed the unfortunate rise in gasoline prices that has accompanied the su... BOB NEY Crude today is pushed up by gasoline. Gasoline prices in New York are higher as we approach the driv... KOJI SUZUKI For the yen it's much to do with oil prices. High oil prices are an unambiguous negative for all Asi... DAVID MANN As commodity prices go up, ultimately everyone will raise prices, including Tiffany. Tiffany wants t... MARK AARON Funds are viewing commodities such as oil and metals as investment tools, so these prices are likely... CAI LUOYI Consumers are paying substantially more for fuel compared to a month ago. Escalating crude oil price... KRIS LATHAN Crude prices remain volatile and that is where the Canadian market will carry on from yesterday's ga... JOE ISMAIL The economy is going to be hit hard by Katrina, and it is going to be hardest on consumers who are a... MARK ZANDI There's been concern about how much higher oil prices will be felt by consumers, but people are now ... BARBARA MARCIN The longer the oil prices stay at this level, the more of a weight it puts on the market. That said,... JOE LIRO consumer spending has not been dented by the hurricane-inspired rise in gasoline prices and fears of... CHRIS RUPKEY The attacks are a concern given Nigeria's importance as an oil-producing nation. It's a factor that ... FRANCISCO BLANCH Market prices are continuing to soften for natural gas (nationwide). You see that show up in electri... CLAUDIA RAPKOCH They average about 5 miles per gallon, depending on the route and the load, they change oil about ev... LEE BROWN The risk in any country that has oil, such as Russia, is that the high prices will lessen the zeal f... ALAN LARSON Higher oil prices will drive up sentiment for oil stocks. SALLY YEO The jump in retail gas prices is partly due to the seasonal production switch from winter- to summer... ROSE ROUGEAU Katrina really increased the anxiety about gasoline prices in the U.S. and calls for conservation on... JAMES BURKHARD The movement of $1 or $2 we've seen so far is going to have a fairly modest effect on gasoline price... BRUCE BELL Anyone who wants to cut taxes on energy as an answer to higher oil prices has already lost, ... You ... HANS EICHEL Within three to four weeks, refineries completing their transition should be at full production, and... PAUL GONZALES It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent ... ROBERT KIYOSAKI It was a very volatile session. The Argentine market tried to a certain degree to arbitrage and adju... MIGUEL DANERI There's no doubt there is evidence of demand destruction emerging everywhere. U.S. gasoline data ove... GARY ROSS The month-to-month gas price hike was driven primarily by increasing oil prices and speculation over... CAROL THORP The focus is on gasoline prices and all this gouging stuff. But the larger worry as far as I'm conce... BOB TIPPEE The focus is on gasoline prices and all this gouging stuff. But the larger worry as far as I'm conce... BOB TIPPEE I don't think anyone can speculate what will happen with respect to oil prices and gas prices be... KEN SALAZAR The summit meeting will be about ways to strengthen solidarity in OPEC and to find ways to consolida... MOHAMMAD KHATAMI I think there's a sense that with oil prices as high as they are, that's carrying over to the consum... JOE SUNDERMAN Any commodity that sees its price going higher will see new mines opening up. When the supply increa... GAUTAM ADANI Prices are rising because of expectations. If we have it in our heads that oil is going to do well a... DAVID ANDERSON If crude oil remains high, sugar prices will not be far behind. JAMES LEDESMA Only two of the 10 industry groups surveyed this month - chemicals and metal products - expect price... IAN MCCAFFERTY High oil prices hit American consumers more sharply than Europeans. I am concerned that companies wi... MARIANO SANCHO There's no doubt there is evidence of demand destruction emerging everywhere. U.S. gasoline data ove... GARY ROSS Oil and natural gas prices, as well as heating oil costs, are much higher than they were a year ago,... ED MARAN As long as natural rubber prices do not outstrip synthetic rubber prices by a large margin, substitu... KAMARUL BAHARAIN We have to be fanatical about power consumption. It's not just about longer battery life, but when y... SEAN MALONEY We expect global demand for waxes to grow at an average annual rate of 1.0% over the next 15 years, ... BILL DOWNEY If investments do not come in a timely and sufficient manner, there will be higher oil prices, and g... FATIH BIROL We had higher oil prices, higher gold prices, higher copper prices and even a higher Dow (Jones inde... ANGUS GEDDES It's not just miners - I suspect there will be a few more industries feeling the effects of oil pric... ANGUS GLUSKIE As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. tra... ANGUS CAMPBELL I think we have to ask this administration, and the President specifically, about using their politi... RON WYDEN We do know that the lots are full and I can only expect that they're going to get more crowded as th... BILL SCHOMISCH Rising oil prices are being looked at as a further weight on global growth as opposed to inflationar... ANN HURLEY It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, a... EVAN OLSEN Motorists have not seen the end of price increases. Investors are buying into crude and gasoline fut... CAROL THORP The subsidy sharing is here to stay because oil prices are high and the government is not allowing a... JASPREET SINGH It's very clear to us that gas prices need to be regulated. We really need to step back and recogniz... DOUG HELLER Overall, their entry into the market will do wonderful things. But unless we managed this change wel... CLIFF BREWIS It's safe to predict that there will be volatility with prices and I'll be very surprised to see (pr... ART KINSMAN As petrol prices increase, the global demand for more sustainable energy sources will also rise. Mal... YUSLI MOHAMED YUSOFF
More Daniele Seitz
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