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.
For instance, foreign airlines routinely add «fuel surcharges» on award redemptions that more than cover the additional cost
of higher fuel prices.
Apparently because
of higher fuel prices and the need to visit fewer retailers overall, many consumers said they were purchasing whatever pet products they needed at just one store.
Presumably, sales are rocketing along because
of higher fuel prices.
American Airlines stock drops after the company trims its full - year outlook because
of higher fuel prices.
Always believed one benefit
of high fuel prices was that consumers looked to smaller vehicles and car makers responded by producing stylish vehicles we once envied the Europeans for having.
«But in this era
of high fuel prices, fuel economy is high on the customer's list of priorities,» Marie says.
We are all tired
of high fuel prices and the big auto makers make empty promises on alternate fuel vehicles.
Not exact matches
Automakers have argued that the rules could result in the loss
of up to 1 million jobs because consumers could be less willing to buy the more
fuel efficient vehicles since their engineering will result in
higher price tags.
«The falling pound is driving up the
price of imports and rising oil
prices are being reflected in
higher fuel costs,» he added.
The
price gap behind the rise
of cross-border airfare shopping, according to Tae Oum, a professor at the University
of B.C., stems from Canada's
higher fuel prices, wages, asset
prices, landing and terminal fees and air traffic control charges.
The acquisition, expected to close in the first quarter
of 2016, values Broadcom at $ 54.50 per share in cash — well
higher than Broadcom's $ 47.06 per share closing
price on Tuesday, but below Wednesday's media -
fueled closing
price of $ 57.16.
Fueled by low
prices, and an improving job market, consumption
of gasoline in the U.S. rose by 2.6 per cent last year to 9.2 million barrels a day, the
highest level since 2007, the government said.
Oil
prices were
higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured
prices, but large draws
of fuel stocks provided some support.
This was most Americans» first experience with long gas lines and
high prices for
fuel and served as a backdrop for the continued erosion
of the stock market.
High demand for diesel and home heating
fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head
of energy analysis at Oil
Price Information Service.
Rive argues that when the factory is up and running it will be able to produce
high - output PV cells at about 55 cents a watt — about a 20 % reduction from current
prices, which will help Rive get closer to his goal
of making solar cheaper than fossil
fuels.
While they have
higher costs than Spirit because they target business travelers and must maintain multiple types
of planes, lower
fuel prices in the past year have let them profitably chop their fares.
After all, the currency
fueling much
of the deal - making — those companies» inflated equity valuations — is now depressed, and acquisition targets may prefer to hold out for a
higher price.
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.
Contractors are already grappling with
higher prices on key materials for construction projects like diesel
fuel, steel, copper, wallboard, and lumber, said Ken Simonson, chief economist for the Association
of General Contractors, a lobbying group with about 26,000 members which also includes suppliers.
Higher gasoline
prices encourage more judicious use
of vehicles, which translates into drivers spending less on
fuel in a given year.
Higher fuel prices have forced all airlines to pass on part
of the costs to passengers.
In the latest year, inflation in underlying terms has been close to 2 1/2 per cent, though the headline CPI figure is
higher, principally reflecting the effect
of rising
fuel prices.
Or she could try to cut off the supply
of refined
fuel to the Lower Mainland, which is already struggling with
high gas
prices.
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.
In the aftermath
of Hurricane Harvey, which knocked off more than 20 percent
of U.S. refinery capacity in the peak
of refinery shutdowns, hedge funds are betting on a rise in
fuel prices and have boosted their net long positions on U.S. gasoline and diesel to
highs not seen for years.
In the first six months
of the financial year, intense competition and
higher fuel prices pushed the airline to a HK$ 2.05 billion loss, its worst first - half result in at least two decades.
With petrol
prices last week climbing over 140p for a litre
of unleaded
fuel for the first time ever (according to Experian Catalist) and the cost
of diesel lingering around record
highs, sentiment towards the oil companies has unsurprisingly started to fall again.
Of course, oil means energy, which means that
higher oil costs will translate into
higher prices for just about everything, not just at the
fuel pump.
Hong Kong's Cathay Pacific Airways reported a loss
of HK$ 2.05 billion ($ 262.2 million) for the six months ended June, citing intense competition from rivals and
higher fuel prices compared to last year.
Nevertheless, good cost control couldn't offset the impact
of lower RASM and
higher fuel prices.
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.
One area that remains a major concern for the central bank is the growing share
of uninsured mortgages, those with loan to value ratios at or below 80 per cent, which is being
fuelled by
higher Toronto and Vancouver home
prices and tighter qualification rules for insured mortgages.
Higher interest rates, falling stock
prices and a weak dollar represent a tightening
of financial conditions — which have been very easy for a long time, a key source
of fuel for the long bull market.
The
high price of oil contributed as
fuel is the largest expense for a shipper.
Higher prices and fears about many assets in various industries being owned by just a handful
of companies
fueled not only Trump's campaign but also that
of Democratic presidential nominee Bernie Sanders.
Last year, the average
fuel price in California was the
highest of all 50 states, costing $ 3.23 per gallon at the pump.
The ACCC considers that the acquisition would be likely to «substantially lessen competition in the retail supply
of fuel», noting that «BP
prices are significantly
higher on average than Woolworths
prices in the major capital cities».
Benefits
of the company's new wastewater and green energy plant mean that DMPI can replace fossil
fuels with green energy, and given the
high prices of electricity form the Grid and the sometimes erratic supply, the plant will achieve rapid ROI payback.
They also warn that limiting the state's access to a reliable supply
of the
fuel could result in
higher prices and volatility.
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.
Fuel poverty is caused by a combination
of low incomes,
high energy
prices, and poor - quality energy inefficient housing.
«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.
NEA believes
fuel poverty is caused by a combination
of low incomes,
high energy
prices and poor standards
of heating and insulation.
Higher energy
prices coupled with rising unemployment could push hundreds
of thousands more homes into
fuel poverty, a group
of influential government advisors has said.
Current figures from the petroleum industry show that,
prices of the two products at the various
fuel stations have hit all time
high, with petrol selling at an average
of GHc4.29 at the pumps, and diesel going for an average
of GHc4.23 per litre,...
The oil market, along with bank speculation in oil, is keeping the international
price of crude oil dangerously
high - oil is now so ludicrously expensive in fact that even if the Chancellor DID cut
fuel duty, families would barely feel it in their pockets.
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.
A major independent ptroleum marketer in Nigeria, Dr Uche Ogah has blamed marketers for the long queues and
high prices of fuel in the country.