Carol Thorp
Carol Thorp
clear climb develops gasoline increases later near per picture price prices several steep sufficient supplies time weeks whether year
We're in the time of year when steep price increases are common, but this year prices are being boosted by speculation about whether there will be sufficient gasoline supplies for later in the year. It may be several weeks before a clear picture develops on the nation's gasoline production, but in the meantime, prices could climb to near $3 per gallon.
associated aware behind crash drinking driving encourage high holidays risk twice wheel
We want motorists to be aware of the high crash risk from drinking and driving associated with holidays and encourage them to think twice about getting behind the wheel if they have been drinking.
advance couple current expect extra fuel gas grade levels near next pressure prices retail selling sending stay supplies supply winter
Refiners are selling off all supplies of winter grade fuel in advance of next Tuesday's deadline. That has put extra supply on the market, sending prices lower. Motorists can expect to see prices stay near current levels for a couple of weeks. After that, with the extra winter grade supply used up, motorists should expect more upward pressure on retail gas prices.
compared country demand filters formulas gasoline last lifted market prices production regions spot sufficient supplies supply trouble
Nationally, production is down and demand is up compared to last year. In addition, many regions of the country are having trouble getting sufficient supplies of ethanol, which is used in new formulas for gas. Uncertainty about supply has lifted gasoline to near-record prices on the spot market and that filters down to the neighborhood gas pump.
across again although averages coast country decline dropped expect expensive few fuel gasoline heading higher industry inventory last led market oil overall prices pump slight start starts time west wholesale
Wholesale gasoline prices have dropped across the country and West Coast gasoline inventory is strong. That actually led to a slight decline in pump prices in the last few days, although overall averages are still higher than at this time last week. However, oil industry analysts expect wholesale prices to start heading up again once the more expensive summer-grade fuel starts going on the market at the end of February.
cause coming few gasoline hurricane memorial next prices start weeks
Over the next few weeks we'll be up to where we were before Hurricane Katrina, and that's going to put more gasoline on the market. We think that will cause gas prices to start coming down over the Memorial Day weekend.
agencies aware california drinking drivers extra highway hope law likely patrol using
We hope drivers are aware that the California Highway Patrol and law enforcement agencies are likely to be using extra patrols to look for drinking drivers during holidays.
affect drinks judgment mental physical reaction skills slow takes
It takes only one or two drinks to slow physical and mental skills and affect vision, steering, braking, judgment and reaction time.
continue few increases likely next
It's likely that increases will continue for at least the next few weeks.
balanced continue demand expected filtered gasoline higher kept local markets next normally oil prices relationship relatively several stable supply trend
The relationship between supply and demand is relatively balanced in California, so normally we should see stable prices. However, speculators in oil and gasoline markets have kept prices high, and that has filtered down to local gas pumps. The trend for higher gas prices is expected to continue for the next several weeks.
anybody free speech
This isn't a free speech issue. You can't just go on and say anything about anybody ? and keep your job.
affect coming iran labor market oil price pushing worried
The speculators on the market are pushing the price up - they're worried about oil coming from Iraq, they're worried about what Iran could do to affect the price, they're worried about labor unrest in Nigeria.
california continue few gas increases likely next pace past prices rapid seen southern throughout
Prices went up throughout Southern California this past week, but not at as rapid a pace as we've seen during other gas price spikes. It's likely that increases will continue for at least the next few weeks.
avoid cents prices rose san today unusual
Prices rose 4 cents today (in San Diego), and that is not unusual lately. There is profit-taking; no one can avoid that conclusion.