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This quote is just one of 5 total Elliott Eki quotes in our collection. Elliott Eki is known for saying 'A significant shift in either of those areas, however, could dramatically impact on fuel prices.' as well as some of the following quotes.
A significant shift in either of those areas, however, could dramatically impact on fuel prices.
Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. Instead, they say, reduced refinery output is pushing prices upward. According to the U.S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.
In the Portland and Salem metropolitan areas, motorists are paying new, all-time high prices for a gallon of regular. The same is true in neighboring Vancouver, Washington.
Growing global fuel demand and political tensions between some oil producing nations and the United States are expected to keep energy prices high. According to some analysts, pump prices should begin to level off within the next week or two.
This quote is just one of 5 total Elliott Eki quotes in our collection. Elliott Eki is known for saying 'A significant shift in either of those areas, however, could dramatically impact on fuel prices.' as well as some of the following quotes.