Sentences with phrase «higher fuel prices increase»

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Not exact matches

The fuel price increases will filter through the economy, said McTeague, leading to less discretionary spending, higher inflation rates and fuel premium increases for truck, rail and air transport of goods.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

Important near - term influences on prices will be the significant increases in production costs that have occurred recently, arising from higher fuel prices, increases in a range of other commodity prices and the effect of the lower exchange rate on prices of imported inputs.

According to him, although the drivers are happy with the implementation of pro-poor policies, including the Free Senior High School (SHS) programme, the rate at which fuel prices are increasing is affecting their businesses.

«To the point where competition among the Oil Marketing Companies remains high, market price for both Brent crude and refined oil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research Analyst.

The WFP told inthenews.co.uk the organisation welcomed acknowledgment of the need for increased funding at a time of high food and fuel prices.

At a time when fuel prices are at record high, and the Government is punishing drivers with sky high VED increases, Mrs Kelly is now going to hit low income earners in Greater Manchester with a 8 per cent tax on getting into work.

During two episodes of high sugar prices in 2010 and again in 2011, the price of ethanol increased, causing consumers to switch their fuel usage to gasoline.

As they did with the last price spike in 2008, when the highest recorded price of a gallon of regular gas in Florida hit $ 4.08 on July 16, Florida dealers are seeing an increase in customer interest in fuel mileage.

Increasing fuel prices, rising loan rates and higher import duties kept most of the buyers away.

Levels of personal debt are rising higher than ever before as people struggle to meet increasing food and fuel prices when wages are being frozen.

The fuel price increases will filter through the economy, said McTeague, leading to less discretionary spending, higher inflation rates and fuel premium increases for truck, rail and air transport of goods.

Suffice to say that when you factor in all of the government subsidies and «externalities» (increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true price of fossil fuels is much, much higher than any individual or company pays.

EPA's analysis (from which it derived estimates of the impact on vehicle prices) assumed that all other vehicle attributes would be held constant, and that the increased cost of production (to meet the higher fuel economy standard) would be passed entirely on to the final buyer.

This includes the increased cost of the fuel, caused by higher prices at the pumps, and also the need to fill tanks more often because biofuels contain less energy.

The use of fossil fuels contributes to global warming, which will exact a high price on agriculture and the rest of society through increased violent weather events, droughts and floods, and rising oceans.

The report argues that, even if electricity demand were to grow at around 1 to 1.5 per cent per annum between 2010 and 2020 and fossil fuel prices were to remain relatively high, the share of renewables in UK electricity sales is only expected to increase to around 10.25 per cent by 2015.

Increased demand for crops to make fuel results in higher global commodity prices that can induce farmers in other countries to plow up new ground, including sensitive, high - carbon ecosystems such as tropical forests in South America and Southeast Asia or peatland in Southeast Asia.

Many millions of people can't cope with the very high prices for fuel, (another 7 percent increase this month) with the certainty that if we have more cold winters the energy grid eventually won't be able to cope as we've closed too much of our capacity in order to meet our carbon targets and instead hope that useless windmills will take their place.

Only after incurring a succession of monetary losses or anticipated losses from the «sin» tax or increased price do «appetites» for fossil fuel use diminish: consumers, as they have limited monetary resources, figure out for themselves the trade - off in monetary terms of one set of appetites for another and start choosing the higher benefit - to - cost satisfactions.

U.S. competitiveness is affected due to higher prices for U.S. goods and services stemming from increased fuel and electricity costs.

While fossil fuels will account for most of the increased energy supply, renewable sources of energy will also gain importance, as a result of concerns over high fossil fuel prices, increasing greenhouse gas emissions and energy import dependence.

Since 2012, declines and the subsequent stability in the price of motor gasoline and other fuels, along with the continued economic recovery, have led to higher fuel consumption and increases in energy - related CO2 emissions in the transportation sector.

If high fossil fuel prices cease to exist as an incentive for biofuel development, only where policy is effectively implemented will demand increase.

While fossil fuels will remain an important source of energy, renewable energies will also gain importance, as a result of concerns over high fossil fuel prices, increasing greenhouse gas emissions and energy import dependence.

More importantly, CARD assumes that if the motor fuel supply were 10 % smaller, refiners would not increase output to sell more of their product at higher prices.

Figure 8 shows our stylized merit order for German fossil - fuel (FF) plant over 2024 - 28, assuming a much higher increase in EUA prices than under our base case.

Higher prices for fossil fuel generated electricity decrease its use and increase the development of green energy.

Since the 2011 earthquake and the subsequent Fukushima nuclear accident, Japan has had to contend with various challenges in its energy sector: shutdown of all nuclear power plants has meant that Japan has faced increased fuel imports coupled with higher electricity prices.

There is no better driver in promoting fuel efficient cars then an increased price of fuel - warning of higher fuel prices just doesn't do the trick.

But Translink attributes its 2017 ridership growth to continued increases in service, high fuel prices, and economic growth.