24 Quotes by Trilby Lundberg
- Author Trilby Lundberg
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Those that can will do so, either officially -- as Saudi Arabia has -- or unofficially, simply because of the temptation of higher prices,
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- Author Trilby Lundberg
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Very low crude prices have been working their way through to the gas pump, and the economic problems elsewhere, particularly in Asia, have created a glut of oil,
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- Author Trilby Lundberg
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Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes,
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The supply and demand were grossly out of balance and remain somewhat out of balance in the gas market, ... But that balance is normalizing as refining capacity is brought back up.
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Dealers are losing their profit margins, cutting prices to get sales,
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This is really a resumption of the 22-cent decline since the peak price, back on May 21,
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This is a manifestation of what has occurred in the world oil market, despite OPEC production cuts,
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All point to lower prices at the pump,
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The new specifications coming from different regulatory bodies have a cumulative effect, and some of them are seasonal.
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