Investors have been climbing a wall of worry because of uncertainties about political stability in Iraq and saber-rattling in Iran. Those worries have sent crude oil futures to record levels and gasoline has followed.
More Quotes from Carol Thorp:
Prices rose 4 cents today (in San Diego), and that is not unusual lately. There is profit-taking no one can avoid that conclusion.Carol Thorp
The month-to-month gas price hike was driven primarily by increasing oil prices and speculation over adequate production. Higher gasoline and oil inventories have eased these concerns. However, when gas stations begin to sell the more expensive summer blend fuel in March, prices may start to increase again.
Carol Thorp
Gas prices dropped at a slightly slower pace than the prior week, which can be attributed to level crude oil prices and the increased demand over the holiday weekend. However, analysts tell us there is still some room for prices to drop in the coming weeks.
Carol Thorp
Motorists can expect two to three weeks more of price increases that could send the average price of regular as high as 3.10 to 3.20 per gallon.
Carol Thorp
Gas prices in most areas began heading back up on Monday after dropping for about three weeks. Traditionally, Southern California has experienced gas price spikes during the spring, and oil industry analysts believe this could be the beginning of another one.
Carol Thorp
In the tabloid age, people think that they can say what they want. This is not (covered) by free speech. The truth is you can't just say what you want.
Carol Thorp
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Based on Topics: Uncertainty Quotes, Worry QuotesBased on Keywords: saber-rattling
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