Topic: Paul Ting
All Content
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What's behind rising oil prices?
A weak US dollar has sent investors to oil, pushing up crude prices over the past few months. That means higher gasoline prices this Thanksgiving.
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If demand for oil is low, why aren't prices falling?
Uncertainty about the global economic recovery means that the market is unusually unpredictable right now.
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This summer's gas price forecast better than last
The higher prices, linked to rising oil costs, are still lower compared with last Memorial Day.
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Economic bright spot: energy prices
Gasoline and some heating costs are expected to be relatively low in 2009.
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To lower oil price, boost the buck?
The weak dollar may push up energy prices by affecting supply, demand, and investor behavior.
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Some signs of relief on gasoline prices
But short-term pressures may keep them up for a while.
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