Peter Beutel
Peter Beutel
few hard higher past prices reason solid
It doesn't make a lot of sense to me. With what's been going on the past few days, it's hard to see a solid reason why prices should be higher today. It's disturbing.
factor higher market moving plate prices
The factor that's moving prices higher is the overarching petro-political fears. This market has a lot on its plate this week.
higher looking prices year
We are looking at prices dramatically higher than a year ago in some cases.
needed prices stop
I don't think it's going to stop prices from going where they want to go. Something needed to be done, and I think he did all he could. But much of it is symbolic.
double extent full gas last level national pass prices
If we pass on the full extent of national gas prices they could be double their level last winter.
energy major prices recession time triple
Every time energy prices triple we have a major recession in 1½ to 2 years.
additional almost bad everywhere expect gas increase news prices sometime
Right away, nationwide, we're going to see an increase of gas prices of 12 cents. We'll see it almost everywhere by Tuesday. In addition, sometime between St. Patrick's Day and the end of the month, I expect to see an additional 12 cents. This is extraordinarily bad news for the consumer.
acting fact fallen prices seem telling
Prices to me seem to be sick. I don't know if it's something to do with the economy. The fact that they're acting so sick, that they've fallen down and they can't get up is telling me that it may be something structural.
beyond difficulty either moving prices range seem trading
Prices seem to be in a trading range between $57 and $64. They are having difficulty moving beyond either of those borders.
cents labor prices
By Labor Day weekend, prices will be up 20 cents to 50 cents a gallon,
although bigger demand felt high looks picture prices shifting supply top worst
It now looks like the post-Katrina high will be the top for a long time. Although the supply picture is the worst it has ever been, the weakening demand picture is an even bigger worry. Demand is shifting underfoot as high prices are felt by consumers.
high level matter prices reach seeing stop
It's just a matter of seeing how high prices will go before we reach a level that will stop growth.
market prices
The market is so jittery. If anything comes out of this that is in any way escalating the situation, I think prices will go higher.
dropping prices
I think that's going to keep (gasoline and oil) prices from dropping dramatically.