Have we reached the top yet
Over the past
Michael Kors Canada week, the retail price of gasoline has slightly budged.
Yes, it's still relatively excessive at $3.92 a gallon, according to AAA's Daily Fuel Measure Report. But, after soaring all through February and 03, the daily increases around gasoline prices have ended for the moment.
"The price seems to have plateaued,"
Nike Store affirms Bob Darbelnet, president and Boss of AAA, the national owners club. "We think it is pretty near to the peak."
Gas prices fact check: Six ideas in Congress, but can they work?
There could be important penalties for the economy if essential oil prices were to stay close to their current levels or maybe decline. It could take pressure off of businesses faced with daily petrol surcharges. And consumer attitudes could start to improve, that may help the economy.
"Simply put, the purchase price hasn't reached a point wherever it is so oppressive it is hitting assurance," says Joel Naroff involving Naroff Economic Advisors in The low countries, Pa. "If prices stabilize, workers will say, 'I've seen this take place before, prices go up, each goes down and I won't be concerned about
Cheap Nike ** 90 it.' "
If prices are indeed
Timberland Boots Canada getting ready to tumble, Mr. Naroff says the effect may possibly also extend to the political industry. "If prices fall 50 pence a gallon, gasoline prices are not a major issue," he said. "If Romney says he'll get gasoline down to $2 a quart, not a lot of people will believe them."
According to AAA, several cities with the highest typical gasoline prices as of Thursday are Chicago at $4.57 a gallon, San Francisco with $4.35, and Santa Ann, Calif., at $4.33. The three cheapest are Caspar, Wyo., at $3.41 any gallon, Cheyenne, Wyo., at $3.55, in addition to Pocatello, Idaho at $3.62.
Certainly with gasoline prices, the center East is the "wild card,In notes Mr. Darbelnet. "If there is a main event like a disruption regarding supply from the Middle Far east, the odds are prices will go up."
That's why the energy areas will be watching the multilateral negotiations on prices this weekend between Iran, the US, China and taiwan, Russia, France, and Malaysia over the Iranian nuclear program.
