Expect higher prices at the pump
The temperature is rising and so are gas prices. Christine Romans explains why you might be seeing a 20 cent hike on the gallon.
由于氣溫上升,家庭和公司開始大量使用空調(diào),并消費更多天然氣生產(chǎn)的電力,天然氣價格將上漲。
卡塔爾國家銀行集團(QNB Group)說,石油和天然氣在2012年呈相背態(tài)勢。2012年,全球石油產(chǎn)量增速大大超過消費增速,而天然氣需求增長則遠超過供應增長。這意味著天然氣平均進口價格的增長比油價增長更加強勁。
Brace yourself drivers, for a rise in gas prices, how much? well here is what's happening right now, unrest in Egypt, even the perception of instability in the middle east can raise oil prices and that filters after about three weeks into gas prices, you'll also have concerns about inventories, because of refinery retooling in this country also because in Libya and some other countries, you have reduced output, what does it mean for the price of gasoline? we've already seen gas spike quite quickly this summer, $3.55 is the average for unleaded, you can see that's lower than a year ago, but it has been moving up quite quickly, and what it means it means a lot of analysts think you could see 10-20 cents per gallon pretty quickly added to the price of gas, and that takes money right out of the economy, every penny increase in the price of gasoline, it's $4 million a day out of consumers pockets, let's talk about where prices have been, these are those records, remember right before the financial crisis and then gas prices fell, you can see that over the past several years the peaks have come in the summer, what happens now? you are going to see gas prices increase, but many experts are saying hopefully by September those prices will come down as they have over the past several years.
Christine Romans, CNN, New York.