Sentences with phrase «cause gasoline prices»

The bill, which has the potential to cause gasoline prices to spike in B.C., could be used if the province continues to block the Trans Mountain pipeline expansion.

lifestyle «depend on inexpensive and plentiful energy,» the Congressional Research Service noted in a 2005 report, but people tend to forget this until world events cause gasoline prices to spike.

If events in some distant land cause gasoline prices to rise, you have two choices — pay more or drive less.

«The Obama Administration is already studying whether to lift the restrictions on oil exports, but this is something that is likely to face a lot of opposition in Congress from both Democrats and Republicans, who worry that lifting the restrictions could cause gasoline prices to rise,» said Herman Wang, senior editor of oil news at Platts.

The flip side is that the refinery outages have caused gasoline prices to skyrocket, opening up a wide crack between crude and products prices.

Not exact matches

While gasoline is relatively inelastic, a sharp increase in prices can cause quite a stir on the home front.

In response to a question about whether a rate cut amounted to pouring gasoline on the overheated housing market, Poloz said «We admit that these conditions are likely to cause financial imbalances,» in some cases, but that the Bank's primary goal is to ameliorate the «financial shock» to the economy caused by the drop in oil prices.

A poll conducted by Associated Press - GfK in late March — when oil prices had already risen 26 per cent since the start of the year to US$ 108 a barrel — revealed that two - thirds of Americans expected rising gasoline prices to cause hardship for them or their families in the coming months.

U.S. gasoline demand is at a record and even with a drop - in consumer confidence, in part caused by an uptick in gas prices, the outlook for demand is still increasing for this summer.

Gasoline prices, however, also reflect demand and follow national trends, such as the impact Hurricane Harvey had, causing gas prices to go up.

For example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensive.

Record refinery rates, high gasoline and crude inventory, and less - than - favorable demand this year are among the contributing factors causing the downward price trend.

Higher gasoline and travel costs, along with better financial projections and worries about pricing visitors away from the park, caused the BOL to modify this policy.

And that, according a just - issued report by the state comptroller, is because of the drop in gasoline prices, causing significantly less sales tax money to be collected at gas stations in Suffolk, as well as other areas of New York State.

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.

February 24, 2016 • U.S. consumers are enjoying extremely low gasoline prices, but the big drop in oil prices is causing hardship in nations that depend on oil production to fund their governments and social programs.

Just causing food and gasoline prices to spike?

Starting in January, gas prices zoomed up by about 25 percent, causing consumers in some states to pay in excess of $ 4.50 for a gallon of gasoline.

Hurricane Harvey is sending pump prices higher for U.S. motorists and causing temporary shifts in the flow of oil and gasoline around the world after taking down a huge chunk of U.S. refining capacity.

Already it's clear gasoline prices have, in fact, started to change consumer behavior, blunting sales even of hybrid SUV's and causing a remarkable drop in vehicle miles driven in March (the latest month with statistics).

Recent high oil prices were primarily caused by the cut - off of Libyan Continue reading The Price of Gasoline →

Over the last 18 months the dramatic increase in gasoline prices and then the serious recession should have caused a measurable drop in CO2 levels.

According to a 2008 analysis by Iowa State University, the growth in U.S. ethanol fuel production caused retail gasoline prices to be 29 — 40 cents per gallon lower than would otherwise have been the case.

This is on top of other problems caused by adding ethanol to gasoline — poor engine performance, higher food prices, and more

Time to buy a bike: Gasoline prices in North America will soar over the next four years to $ 7.00, causing a massive jolt to the continent's manufacturing base not seen since the oil shocks of the 1970s, a leading economist is warning.

I will not discuss the many reasons, some beyond personal choice and some not, that relatively lower gasoline (or petrol) prices in the US cause economic difficulty versus different prices in the EU.