Sean Comey
Sean Comey
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Prices are high -- the question is why? We have enough crude oil and gasoline to meet current demand, and yet the cost of fuel continues to cause budget concerns for many consumers.
price
By making price predictions, it can become a self-fulfilling prophecy. I don't want to be a part of the problem.
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I've heard some alarmist predictions, but the industry is still taking stock of the damage caused by the storm and how long it will take to repair the infrastructure.
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They're making as much money selling you a cup of coffee and doughnut as they do a tank of gasoline. They stay in business selling soda pop, cigarettes and lottery tickets.
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September will probably be an extremely unpleasant month at the pump. This goes to show that even if you're far away from where the hurricane hit, there's a ripple effect.
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It would make sense that we'd start to see prices fall now that the storm has had less impact than was feared.
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If you work in San Jose and live in Modesto, it might not be such a good deal (compared with) five years ago.
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Drivers don't seem to be as concerned with current prices as they would have been in the past. Perhaps it's human nature. Once you've been through root canal without anesthetic, getting a filling doesn't seem nearly as scary as it used to be.
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This is not a lot to reassure the consumer. The only upside to high prices is that it should ensure a steady supply because there is an economic incentive to produce and ship it.
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I would not be surprised to see continued price increases at least in the short term. September could be an unpleasant month when it comes to fuel prices.
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This is a reminder for pedestrians that they need to take an active role in protecting themselves. Some behave as if their status as a pedestrian envelops them in a magic force field that will protect them from an oncoming vehicle. Just because drivers are supposed to stop or swerve or yield doesn't guarantee they will.
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It's a very loaded term. The actual definition is determined by state governments, who define what taking 'unfair advantage' of a crisis is. Attorneys General monitor these situations closely.
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When California switched to ethanol, it was cheaper than the gas it was being mixed with - there was such a glut on the market. Now the demand for ethanol is way up.
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Unless international tensions ease to the point where the cost of crude oil drops significantly, there's nothing to suggest that consumer fuel prices will be falling anytime in the near future.