“At the moment, rising fuel prices are placing a cap on spending.”
Andrew Hanlan
“A further rise [in fuel prices] could cut materially into private spending and thus damp the rate of economic expansion.”
Alan Greenspan
“But the magnitude of recent fuel price rises mean even these cost reduction measures are now not enough.”
Rob McDonald
“Consumers watched the stock market fall, heating-fuel prices rise, and to top it all off, employers launched a year-end job cut spree.”
John Challenger
“Jet fuel prices have been rising even faster than crude oil prices for the last year, but it was the 39 per cent rise in jet fuel costs in the last month alone that pushed us to make this decision. We have made incredible progress in lowering our operational costs for over two years now. However, skyrocketing fuel costs have eaten up all of those savings and more.”
Dan Garton
“Along with the rise in non-fuel import prices, this suggests the weaker dollar is taking competitive pressure off of businesses, giving them the extra pricing power they didn't have a couple of years ago.”
Gary Thayer
“Gasoline prices are still eating in the consumers' wallet, and fuel costs are now in the price of products that people buy, bringing about inflation worries. The consumer is going to be more budget conscious in the months ahead. They are going to shop around, or they are simply going to shop less.”
Phil Rist
