Sentences with phrase «said prices of fuel»

Mark said prices of fuel, food items and others have moved up saying that the PDP government handed over a better economy to the APC.

Not exact matches

«If they're doing forward contracts, they want to be thinking about getting a good price for their fuel, looking into the future, to really take advantage of these lower costs, so they'll be able to take advantage for quite a while,» she says.

Singapore Airlines is close to a 50 percent hedge on fuel prices, helping the bottom line, says Mohshin Aziz of Maybank Investment Bank.

«The prices have really become detached from the fundamentals like sales and cash flow,» says Clayton, who suggests that the market is caught in a cycle of news driving stock prices and stocks fueling news.

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.

Fuel prices have been declining over the past month due to seasonal trends and the falling price of crude, said Patrick DeHaan, a senior petroleum analyst for GasBuddy.com.

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.

Tighter supplies of gasoline and diesel in B.C. would likely drive up prices in B.C.'s Lower Mainland by about 10 cents per litre, said fuel market analyst Michael Ervin, senior vice-president at the Kent Group Ltd..

Buffett has said the airlines» bankruptcy - riddled «bad 20th Century» is behind them, with U.S. airlines having posted a stretch of profitability, helped by a plunge in fuel prices in mid-2014.

Executives of the airline say that business could begin to expand now that jet fuel prices have dropped and the airline has lowered its fares.

However, the Pan Canadian Framework on Clean Growth and Climate Change lays out a number of policies that will compel more clean tech innovation in Canada, he said, including a price on pollution with a carbon price, to be in place across Canada by the start of next year, as well as a promised national clean fuels strategy, better energy efficiency standards and limits on greenhouse gases like methane.

His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»

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.

But a growing number of U.S. consumer product companies are saying they plan to push up their selling prices to cover a big jump in the cost of fuel and other raw materials.

While natural gas is cleaner than coal, the volatility of the price of that fuel makes it risky for consumers, said Thibault.

Additionally, «PriceAdvantage has allowed us to manage our competitive surveys and fuel pricing electronically without having to make a lot of phone calls back and forth,» he says.

«The continued expansion of world demand, resulting from global population and economic growth and increasing preference for dairy products are expected to be the main drivers, fuelling EU exports and sustaining commodity prices,» said the EC report.

Mr Sims said most consumers may be unaware of Milemaker because its sites are branded Caltex but noted they set retail prices independently of the large fuel supplier.

Of the total cost reduction, Arla said it expects to return approximately $ 300m ($ 369m) to farmers through the farmgate milk price with the additional savings being reinvested in the company's Good Growth 2020 strategy to fuel further growth and improve profitability.

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.

Speaking in an interview with Accra - based Class FM, IES Principal Researcher, Richmond Rockson, said aside the rising price of Gasoline and Gasoil on the international market, the depreciation of the cedi also means Ghanaians should expect to pay more when it comes to fuel prices.

But the NPA said, «The Authority encourages consumers and the media to check on the price board of retail stations to determine the true prices of fuel on the market and not rely on the data from any group of persons who purport to project fuel prices which always turns out to be poor and inaccurate.

Drivers and Car Owners Association of Ghana say they feel deceived by President Akufo Addo over the rate at which fuel prices...

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.

If the Minister lied to parliament, then he lied to the rest of the country because in the hansard, they said categorically that fuel prices were not going to go up more than 5 %.»

Crude oil price accounts for about 80 per cent of the final cost of fuel, the PPPRA said, in its framework for petroleum products supply, distribution and pricing.

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.

«The challenge of feeding growing populations healthily while minimising environmental damage - particularly as food and fuel prices continue to rise - should remind governments that this is not a time to step away from tackling our food system,» he said.

But Alhassan Tampuli speaking on the increase said apart from the effect of the hurricanes, the international price at which fuel currently sells also has had an impact on the price build - up as well as the cedi - dollar rate.

The Peoples Democratic Party on Friday told the Federal Government to perish the thoughts of hiking the price of fuel from the «already exorbitant» N145 per litre, saying such would not only be «criminal, but inhuman and completely unacceptable.»

«After exhaustive deliberations and consultations with all sections of the populace, the NLC, TUC and their pro-people allies demand that the presidency immediately reverses fuel prices to 65 naira,» a statement signed by the heads of the two unions said.

Mike Hawes, head of the car industry body, the SMMT, said it was likely that the government would look to road pricing in some form to take over from fuel duty.

The party said investigations have shown that the Federal Government has been lying to Nigerians on oil - related issues while using the Nigerian National Petroleum Corporation to bandy figures with intentions to arrive at government» s predetermined agenda to increase the price of fuel.

The rebuttal said in full: «The attention of the office of the Honorable Minister of State, Petroleum Resources has been drawn to some certain publications making the rounds on both traditional and social media alleging that the Honorable Minister of State, Petroleum Resources Dr. Emmanuel Ibe Kachikwu dropped a hint of an impending fuel price increase during the Joint Senate and House of Representatives Committee hearing on fuel scarcity in Nigeria.

The U.S. Energy Department said on Thursday it would release 500,000 barrels of crude oil from the Strategic Petroleum Reserve as Tropical Storm Harvey's disruption of the petroleum industry has spiked motor fuel prices.

«What the government did [Thursday] in Parliament, I think, was an insult to the agitators and all of us who consume fuel products and were looking forward to something dramatic happening as far as the pricing is concerned,» he said on current affairs programme, PM Express, on the Joy News channel on Multi TV.

The government's adviser on fuel poverty says the controversial method of extracting shale gas, known as fracking, could reduce energy prices for some of Britain's poorest people.

The government's adviser on fuel poverty says the method could reduce energy prices for some of Britain's poorest people.

Speaking on Eyewitness News, John Jinapor said the fuel price increase is an indication of the government's failure to keep up with...

He said «Yar» Adua was the only president that ever reduced the pump price of fuel and provided amnesty that led to increase in crude production.

«Robert Halfon's debate on fuel prices highlights a growing problem in the Chamber Main John Baron MP says Bundesbank should use its # 130 billion of gold reserves if Germany wants to save $ uro»

«With renewables, you avoid the price volatility of fossil fuels,» he said.

Technological innovations have dropped the price of wind and solar in some markets to be not only competitive with traditional fossil fuel power generation, but sometimes less expensive, said Malcolm Woolf, senior vice president of policy and government affairs for Advanced Energy Economy.

«We estimate that this biofuel would cost the airline industry $ 5.31 / gallon, which is less than most of the reported prices of renewable jet fuel produced from other oil crops or algae,» said Deepak Kumar, a postdoctoral researcher at Illinois, who led the analysis.

In particular, Obama said that the backers of the pipeline promised it would bring lower fuel prices and energy security.

«Alternative fuels offer the potential, if not to lower the price [of petroleum - derived fuels], at least to provide a hedge in the future against their future growth or, put differently, their volatility,» says technologist Douglas Kirkpatrick, DARPA's program manager for alternative fuels efforts.

Plus, when oil prices go through a slump, he said, the government support of alternative fuel sources wanes.

However, the number of photovoltaic cells needed for such devices mean it can not compete on price with fossil fuels, says Daniel Gamelin, a chemist at the University of Washington in Seattle.