Sentences with phrase «fuel price increase in»

He was alleged to have accused him of siphoning proceeds from the fuel price increases in the country and also alleged that Mr. Ibrahim and his brother, the President, usually used the monies stolen from the national purse on luxurious holidays in South Africa.

Not exact matches

The trust fund is paid for with receipts from the federal fuel tax, and with gas prices at low levels, an increase in the tax might be part of a more extended program.

Hyundai and Kia both increased their shares of the U.S. new - vehicle market in the past decade, particularly during the economic downturn of 2008 to 2010 when consumers sought out fuel - efficient and relatively low - priced vehicles.

Three aspiring gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong gold price, coupled with falling fuel costs.

Nevertheless, he says rising fuel prices could, to some extent at least, increase interest in electric cars and hybrids.

* Several factors could lift housing prices: An increase in potential home buyers, fueled by the growing ranks of Millennials — those born between 1980 and the early 2000s — poised to form their own households, combined with a near - historic lack of single - family homes for sale and growing access to mortgage credit.

The increases in credit and house prices were inter-related, with credit availability fuelling the price rises, while rising house prices meant people had to borrow larger amounts to achieve home ownership.

For example, the prices of secondary education and housing have been increasing much more rapidly than the prices of other goods and services; meanwhile fuel prices have risen, fallen, risen again and fallen again — each time very sharply — in the past ten years.

Every penny increase in the price of fuel costs the company an extra $ 10 million.

The increased demand fueled a surge in prices; copper tripled and zinc doubled over the five - year period ending in 2007.

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.

The sharp rise in fuel prices coupled with Al Gore's documentary dramatically increased the popularity of alternative energy.

Gasoline prices and increases in fuel efficiency are important factors, but there are also some significant demographic and cultural dynamics in this data series.

The airline on Thursday lowered its profit outlook for the year, citing in part a 12 % increase in the average price of jet fuel over the past two weeks.

Energy prices, in particular, have risen sharply: Japan buys virtually all of its oil and gas abroad, and the post-Fukushima shutdown of the country's nuclear industry has further increased the need for fossil fuels.

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.

While Austria's real estate sees a clear cool - down, prices in Germany are still increasing, apparently fuelled by international investors.

Strong demand in the housing sector fuelled increases in building materials prices in the June quarter, with the increase most noticeable in Sydney.

Recently, increases in competition and price have begun to force prospective homeowners to find affordable real estate outside of the Greater Toronto Area, while others are opting to wait on the sidelines for price increases to slow — choosing to rent or renovate — further fuelling inventory shortages across the region.

For any website in a vertical with SEOs worth salt, these kinds of links don't stay uncovered for long — and all that happens is a return to middle ground, and / or an increase in price for the directory that further fuels the inversion of profits that actually creates a net - loss for the second link acquirer.

The exchange rate appreciation also helped to offset an increase in international crude oil prices, so that in the December quarter retail fuel prices fell by around 0.9 per cent.

A byproduct is to increase real estate and stock market prices — but this is a reflection of capital investment and progress, not a diversion of investment to fuel financial asset stripping as has occurred in the United States with increasingly arrogant greed over the past 30 years.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

It shows that between 2003 and 2013 the price of electricity, gas and other fuels increased by 153.6 per cent in Britain whilst wages increased by just 28 per cent.

«There has been political turmoil for the past one - and - a-half years that has resulted in electricity supply shortage, resulting in an increase in fuel prices,» Joy Singhal, Oxfam's deputy director in Yemen, said on Wednesday.

Increases in the price of fossil fuels since 1979 have meant that less has been burned and less carbon dioxide has been added to the atmosphere.

Fueled by changing consumer perception of dairy's nutritional value for bone development, concerns around hormones and antibiotics, increase in milk allergies, rising milk prices, and the popularity of plant - based milks, U.S. milk consumption has been steadily declining by 25 percent per capita since the mid-1970s.

Metcash attributed the fall in grocery earnings to price deflation of 1.3 per cent, which exacerbated operating deleverage, a 12.6 per cent increase in advertising and marketing investment, and intense competition in food markets, particularly the impact of excessive fuel discounts by the major chains.

BNZ senior economist Doug Steel said a genuine increase in demand for protein, particularly from China, was also fuelling the price bonanza, which saw the average price on Fonterra's GlobalDairy Trade auction this week surge 14.2 per cent on the last auction.

The future strategic tanker aircraft has seen a # 336 million increase in cost because of fuel price inflation, but a failure to take advantage of opportunities to cut the overall bill on the Queen Elizabeth aircraft carrier was criticised by the public spending watchdog.

He said Parliament had expected no increase in fuel prices at all or even if there will be, it will be marginal due to the introduction of the energy sector levy introduced by the executive under a certificate of urgency.

Dr. Peter Ozo - Eson, the General Secretary of the union, had disclosed yesterday that the major organs of the congress would meet to appraise the indefinite strike called to protest the recent increase in the fuel pump price from N86 to N86.50 k to N145.

The Ayuba Wabba - led faction of the Nigeria Labour Congress (NLC) on Thursday failed to carry out its plan of grounding flight operations at the Murtala Muhammed International Airport (MMIA), Lagos over the recent increase in fuel price.

We need a # 110bn investment in our energy infrastructure, and a failure to invest now will lead to an increased dependence on imported fossil fuels, which are subject to volatile price spikes and security of supply issues.

Under the Mahama administration, some of these political pastors, neutrals, resource persons and their allies in the media made us believe that fuel price increase, nepotism, corruption, impunity, big size government etc were signs of incompetence and ineptitude but today, these persons no longer blame President Akufo - Addo for the massive corruption in his administration, the unprecedented nepotism, the unprecedented large government, vigilantism and political persecution, economic hardship and impunity.

The chancellor said that following a fall in pump prices of over 20 pence per litre from the summer price, the postponed twp pence per litre fuel duty increase will go ahead from December 1st.

«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.

It has been suggested in many quarters that VED should be abolished, and fuel duties increased accordingly, insofar as the price of fuel has a greater incentive effect on reducing emissions.

Food production is likely to come under increased pressure in the coming years if fuel prices continue to rise and the world's population increases.

Improved weather and lower gas prices fueled a 3 percent increase in traffic on the Thruway last year as the 570 - mile thoroughfare struggles with its finances.

The Institute for Energy Security (IES) has projected fuel price increases between 1 and 2 percent in the first pricing...

This would increase fuel poverty for families and pensioners whilst, in contrast to Miliband's energy price - freeze, make a negligible difference on soaring bills.

The Chamber remained cognisant of the fact that, soon after the increase in transport fares in July 2015, prices of fuel kept going down consistently.

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.

He said, «Any increase in fuel pump price would be an indirect tax on Nigerians to fund APC interests and, considering the pains Nigerians have suffered under this... government, this intended hike will be callous.

There has been a furious reaction this week to the fuel price increase - one protester was killed on Tuesday in Ilorin, Kwara state, and thousands of Nigerians have demonstrated in cities across the country.

Business News of Wednesday, 16 May 2018 Source: ghanaguardian.com File photo The price of fuel in the second pricing window of May which starts from May 16, 2018 will have a three percent increase the Chamber of Petroleum Consumers (COPEC) has predicted.

In freezing the fuel duty freeze, Osborne will be repeating his autumn statement from last year, raising calls by some for the total scrapping of the fuel duty escalator under which tax is supposed to increase by the retail price index (RPI) every April until 2014.

Prices have increased from 65 naira ($ 0.40; # 0.26) per litre to at least 140 naira in filling stations and from 100 naira to at least 200 on the black market, where many Nigerians buy their fuel.

They point to the VAT rise in 2011 which increased thetotal tax take on fuel to about 60 % of the pump price.