Sentences with phrase «gasoline prices largely»

Not exact matches

Even with the tariff, U.S. ethanol exports hit a record high in February, thanks largely to rising Brazilian demand as higher gasoline prices and low international sugar prices made ethanol more competitive at the pump.

Total CPI inflation has risen recently, largely due to movements in gasoline prices, but remains slightly below the 2 per cent target.

However, that's largely because oil fell from over $ 100 a barrel to less than $ 50, pulling down retail prices for gasoline, home heating oil and related commodities.

But those barbs have been largely absent, perhaps in part because the price of gasoline is low, giving traditional Republican attacks around Democrats» fossil fuel policies less momentum, Taylor said.

«We still expect to see gradual increases in retail gasoline prices due largely to the supply and demand fundamentals that always contribute to an upward trend for fuel prices at this time of year,» Gregg Laskoski, a spokesman for AAA Auto Club South, said in the weekly fuel - price report.

The rise in overall inflation last month was largely attributable to higher gasoline prices, which rose 4.7 per cent from a year earlier.

Of course, the price of gasoline is indeed largely pegged to the price of oil.

Because gasoline prices are largely determined by the cost of crude oil, which is set on the world market, experts say that the way to reduce our vulnerability to gas price spikes is to decrease our dependence on oil, regardless of where the oil comes from:

The Consumer Price Index (CPI) increased 0.4 percent in April, which is largely attributed to the 10 percent monthly increase of gasoline costs.