国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

  Home>News Center>World
         
 

'Fear premium' pushes gas prices higher
(Agencies)
Updated: 2004-06-02 09:22

A "fear premium" is driving up gasoline prices well past US$2 a gallon. Motorists may be paying as much as 36 cents a gallon more at the pump because of the petroleum industry's anxiety that terrorists might disrupt oil supplies, a fear that increased with two murderous rampages by al-Qaida-linked gunmen at oil compounds in the heart of Saudi Arabia.


Traders on the International Petroleum Exchange trading floor in London gesticulate as the U.S. markets open, June 1, 2004. U.S. oil prices leapt to a record US$42 a barrel on Tuesday after an attack in Saudi Arabia on Saturday by Islamic militants killed 22 people, heightening fears about political instability in the world's biggest oil exporter. [Reuters]

Estimates vary, but some energy economists said as much as US$10 to US$15 is being added to the cost of every barrel of crude oil because of fear that terror in Saudi Arabia, violence in Iraq or unrest elsewhere could disrupt future oil supplies.

The fear factor went up a notch over the long holiday weekend with the attack in Khobar, Saudi Arabia, that killed 22 people, mostly foreign oil workers. It was the second attack in a month against oil workers in the Islamic kingdom.

Oil prices surged more than US$2 a barrel Tuesday, the first trading day since the Khobar attack. The price of gasoline jumped 6 cents a gallon on the New York Mercantile Exchange.

"There obviously is a fear premium," said Seth Kleinman, an oil market analyst at PFC Energy, a Washington-based consulting firm. While there always has been such a premium in oil prices, with the targeting of Saudi's oil industry, "It's gotten a lot further, and it's gotten a lot bigger."

One reason is that Saudi Arabia, which pumps 10 percent of the world's oil, is the only producer that has significant spare capacity to produce more as needed to stem demand and prices, economists said. While the attacks did not target Saudi pipelines, terminals or oil fields directly, the psychological impact has rattled the markets.

After receding somewhat last week, the price of light crude for July delivery jumped US$2.45, settling Tuesday at a record US$42.33 a barrel on the New York Mercantile Exchange.

"Increasing terrorist activities around the world and uncertainty and instability have driven oil prices over the last six months. It's not a lack of supply," argues Fadel Gheit, an energy strategist for Oppenheimer and Co. in New York.

Gheit estimates that when oil prices were at roughly US$42 a barrel, as much as US$15 might have been generated by traders pushing up prices because of worry over disruptions. Other estimates have put the fear premium at US$5 to US$12 a barrel.

The size of the premium, whatever it may be, is of less importance than that it exists and has helped propel gasoline prices to record levels to the current average of more than US$2 a gallon nationwide.

The cost of crude accounts for nearly half of the cost of a gallon of gasoline at retail pumps, according to the Energy Department. Energy economists estimate an additional US$1 in the cost of crude adds 2.4 cents to the retail price of gasoline.

Analysts said tight crude supplies, growing demand and a refining industry struggling to produce enough gasoline has added to the gas price surge.

But the Khobar rampage and the killing on May 1 of six Westerners at Yanbu, a Saudi refinery and petrochemical hub, have escalated the fear factor because they dissolved the notion that Saudi Arabia could protect its oil complexes, according to analysts.

These incidents "have shattered the market's confidence that everything was well-protected in Saudi Arabia," said Amy Myers Jaffe, a director of energy programs at the James A. Baker Institute for Public Policy at Rice University. "Before, there were pipeline attacks in Iraq, general instability. But the (Saudi) attacks turned ongoing anxiety into deep anxiety."

Al-Qaida terrorists, claiming responsibility for the Khobar attack, said the aim was to disrupt oil markets, psychologically if not by blowing up a pipeline, oil terminal or tanker. A similar message was made clear to oil markets when Iraqi insurgents recently unsuccessfully targeted an Iraqi oil terminal.

Many oil industry analysts estimate that without the cloud of uncertainty posed by terrorists and the continued violence in Iraq, oil prices probably would be in the US$30 range. They say there's still plenty of oil available.

Some analysts believe speculators are using the fear of possible disruptions to game the system and push prices beyond where they should be even assuming some disruption.

The Bush administration's high-profile stance that it will not use its emergency government oil reserves has made it easier for oil speculators to drive up prices, contends Jaffe.

"He is giving them (speculators) a security blanket," agrees Gheit of Oppenheimer, explaining that traders have been able to push up prices for oil deliveries at a future date without fearing they may be caught in a price squeeze if the government should release oil from its emergency stocks.

Has the fear premium become a permanent part of today's crude oil markets?

"The fear factor might narrow a little bit," said Gheit. "But I doubt it will completely disappear. We better get used to it."

 
  Today's Top News     Top World News
 

10 years later, China issues new auto lines

 

   
 

Mooted anti-monopoly law to benefit all

 

   
 

EU move on lifting arms ban appreciated

 

   
 

30,000 km highways to create economic hub

 

   
 

US offers rough date to withdraw troops

 

   
 

Tang: Beijing not behind radio hosts' leave

 

   
  Thirty dead in Brazil jail riot
   
  Iran admits importing parts for uranium
   
  US Army saw prison violations last fall
   
  'Fear premium' pushes gas prices higher
   
  Rioting mourners clash with Karachi police
   
  Iraq council disbands; CPA still in power
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  AMERICA, I think you are being FRAMED by your own press and media.  
Advertisement
         
99久久精品一区二区| 日本高清视色| 1769国内精品视频在线播放| 久久这里只有精品视频首页| 亚洲色图色老头| 亚洲成**性毛茸茸| 337p亚洲精品色噜噜狠狠| 色婷婷香蕉在线一区二区| 亚洲成人动漫一区| 亚洲精品欧美二区三区中文字幕| 亚洲国产精品精华液2区45| 91美女片黄在线观看91美女| 国产成a人亚洲精| 狠狠v欧美v日韩v亚洲ⅴ| 丝袜美腿高跟呻吟高潮一区| 日韩视频二区| 18成人免费观看视频| 欧美久久影院| 欧美精选在线| 国内精品久久久久久久影视麻豆| 欧美 日韩 国产一区二区在线视频 | 国产欧美一区二区三区鸳鸯浴| 99精品视频免费在线观看| 国产不卡一区视频| 高清视频一区二区| 国产凹凸在线观看一区二区| 国产成人久久精品77777最新版本| 国产中文一区二区三区| 精品无码三级在线观看视频| 精品午夜一区二区三区在线观看| 精品一区免费av| 国产一区二区影院| 国产精品综合一区二区| 国产丶欧美丶日本不卡视频| 国产精品99久久久久久似苏梦涵 | 一个色综合导航| 国产午夜一区二区| 中文字幕9999| 精品国产美女在线| 欧美成人三级视频网站| 欧美精品电影免费在线观看| 国模私拍视频一区| 最好看更新中文字幕| 欧美性猛交xxxxbbbb| 国产免费大片| 女人天堂网站| 中文字幕2019第三页| 天天色天天操天天| 午夜精彩视频| 涩爱av在线播放一区二区| www 日韩| 欧洲性视频在线播放| 亚洲欧洲自拍| 四虎影视成人精品国库在线观看| h视频久久久| 亚洲欧美校园春色| 国产精品精品| 一本久久综合| 另类小说一区二区三区| 国产成人综合网| 久久综合九色综合97婷婷| 中文字幕久久午夜不卡| 夜夜揉揉日日人人青青一国产精品| 亚洲成av人影院| 欧美在线观看视频在线| 日韩免费视频线观看| 亚洲人成电影网站色…| 久久影院中文字幕| 色中文字幕在线| 成人亚洲精品7777| 四虎黄色影院| 韩日视频在线| 欧美伦理免费在线| 九色成人搞黄网站| 国内精品偷拍| 97精品视频在线看| 午夜亚洲一区| 国产98色在线|日韩| 国产欧美日韩视频一区二区| 一区二区三区在线观看欧美| 欧美三级三级三级爽爽爽| 亚洲精品国产欧美| 久热精品视频在线| 性欧美video视频另类| 人人在线视频| 中文资源在线网| 91精品久久| 草民电影神马电影一区二区| 亚洲警察之高压线| 狠狠88综合久久久久综合网| 蜜桃av一区二区三区电影| 91热门视频在线观看| 亚洲一区二区在线观看视频| 欧美夫妻性生活| 在线性视频日韩欧美| 欧美亚洲第一区| 日本jizzcom| 伊人网站在线| 成人福利电影| 亚洲一区 二区| 91精品观看| 另类的小说在线视频另类成人小视频在线| 99久久精品国产精品久久| 一区二区三区不卡视频| 欧美老女人第四色| xvideos亚洲| 欧美三级黄视频| av黄色免费在线| 在线看的av网站| 天然素人一区二区视频| 亚洲免费专区| 日韩黄色免费电影| 久久久久久97三级| 日本乱人伦aⅴ精品| 亚洲精品自拍视频| 日本理论片2828理论片| 偷窥自拍亚洲色图| 国产素人视频在线观看| 国产aa精品| 亚洲综合小说| 国产成人综合在线观看| 亚洲第一搞黄网站| 精品国产百合女同互慰| 久久久午夜视频| 九色porny极品| 国产日韩精品在线看| se01亚洲视频| 国产精品99一区二区三| 国产一区二区免费视频| 亚洲一区免费观看| 亚洲国产精品小视频| 欧美亚州一区二区三区| 国产免费视频| 欧美黄色视屏| 日韩精品a在线观看91| 蜜桃久久av| 中文字幕中文字幕在线一区| 欧美一区二区三区婷婷月色| 久久久人成影片一区二区三区| h网站免费在线观看| 国产福利视频在线| 亚洲一区二区三区中文字幕在线观看 | 女人黄色片免费| 精精国产xxx在线视频app| 蜜桃一区二区| 经典一区二区三区| 亚洲精品欧美激情| 亚洲免费视频观看| 91精品国产福利尤物| freemovies性欧美| 清纯唯美激情亚洲| 亚洲自拍另类| 国产精品短视频| 亚洲成人激情图| 欧美无遮挡国产欧美另类| 伊人色综合网| 99精品美女视频在线观看热舞| 一区在线免费| 国产欧美日本一区视频| 欧美一区二区免费| 男女爱爱福利视频| 在线视频手机国产| 欧美xxxx性| 国产免费成人| 亚洲免费av网站| 亚洲欧美日韩视频一区| 天堂资源最新版在线视频观看免费网| 在线免费观看黄色| 天天躁日日躁狠狠躁欧美| 激情五月激情综合网| 色综合色狠狠综合色| 精品自拍视频在线观看| 国产美女免费观看| 一区二区视频免费完整版观看| 欧美精品观看| 亚洲视频在线一区| 亚洲性线免费观看视频成熟| 福利视频导航大全| 岛国av在线播放| 亚洲欧美色图| 欧美经典一区二区| 亚洲男人7777| www.黄在线| 欧美xx视频| 日韩一级在线| 一区二区三区不卡视频在线观看| 色偷偷偷亚洲综合网另类| 天天草天天干| www.久久.com| 天堂va蜜桃一区二区三区漫画版| 亚洲午夜影视影院在线观看| 久久夜色精品国产欧美乱| 日本免费高清视频| 国产精一区二区| 久久福利视频一区二区| 欧美性xxxxxxxx| 男女啪啪网站| 日韩黄色影院| 青青草国产免费一区二区下载 | 18岁以下禁止观看的美女视频| 制服丝袜专区在线| 国产午夜精品一区二区三区欧美| 亚洲二区在线视频| 久久久免费在线观看| 国产中文字幕在线观看| 免费短视频成人日韩| 2020国产精品| 亚洲少妇激情视频| 濑亚美莉vs黑人在线观看| 日本免费久久| 亚洲影院免费| 午夜精品一区在线观看| 亚洲**2019国产| 校园春色综合| 久久国产精品免费精品3p| 蜜臀精品久久久久久蜜臀| 一本大道av一区二区在线播放| 97国产suv精品一区二区62| 羞羞视频在线观看| 少妇高潮一区二区三区99| 紧缚奴在线一区二区三区| 欧美精品一卡两卡| 欧美娇小极度另类| 欧美一区二区三区| 亚洲一区 二区 三区| 一区二区三区欧美亚洲| 午夜精品久久久久久99热| 人人九九精品| 亚洲区小说区| 国产精品高潮久久久久无| 最近中文字幕日韩精品 | 欧美午夜18电影| 99久久精品情趣| 亚洲精品小视频在线观看| www.蜜桃av| 写真福利精品福利在线观看| 久久精品国产99国产精品| 欧美人体做爰大胆视频| 国产偷窥洗澡视频| 青青在线视频| 亚洲综合国产| 色婷婷国产精品| 欧美另类69xxx| 影音先锋在线播放| 亚洲一本视频| 偷窥国产亚洲免费视频| 男人插曲女人的视频| 丁香花在线高清完整版视频| 一区二区三区国产盗摄| 色爱区综合激月婷婷| 久久国产综合视频| 婷婷电影在线观看| 精品亚洲免费视频| 精品国精品国产尤物美女| 最近免费看av| 亚洲成人一区在线观看| 国产精品亚洲а∨天堂免在线| 亚洲国产精品va在线看黑人| 91午夜国产| 一区二区三区视频免费视频观看网站 | 亚洲一区在线看| xxxx69hd| 日本在线观看高清完整版| 国产欧美高清| 91精品欧美久久久久久动漫| 成年人视频网址| 涩涩屋成人免费视频软件| 国产盗摄一区二区三区| 最新国产成人av网站网址麻豆| 日本aaa在线观看| 亚洲精品在线观看91| 亚洲一区二区三区四区在线观看| 亚洲天堂久久久| 高清av不卡| 国产精品系列在线播放| 日韩精品在线观看网站| 狠狠干在线视频| 欧美成人直播| 欧美丝袜第一区| 巨大黑人video| 涩爱av色老久久精品偷偷鲁| 国产欧美日韩在线观看| 亚洲剧场午夜在线观看| 91九色porn在线资源| 久久91精品国产91久久小草| 日韩激情视频在线播放| 久久电影视频| 亚洲精品美女91| 日韩一区二区在线免费观看| 黄色资源在线看| 欧美一区三区| 黑人狂躁日本妞一区二区三区 | 软萌小仙自慰喷白浆| 亚洲精品黑牛一区二区三区| 国产蜜臀av在线一区二区三区| 久久久久久午夜| xxx性欧美| 成人福利在线看| 久久久精品亚洲| 中文字幕资源网在线观看| 精品亚洲欧美一区| 在线观看欧美日韩| 日韩在线观看www| 久久男女视频| 亚洲片国产一区一级在线观看| 国模吧精品人体gogo| 99riav国产精品| 亚洲黄页视频免费观看| 日韩有码电影| 亚洲三级影院| 日韩成人中文字幕在线观看| 福利视频在线导航| 视频一区免费在线观看| 亚洲精品小视频| 1区2区3区在线观看| 日本网站在线观看一区二区三区 | 在线国产情侣| 久久精品久久精品| 伊人av综合网| bestiality新另类大全| 国产成人精品亚洲日本在线桃色 | 久久亚洲春色中文字幕| 色www永久免费视频首页在线| 国产一区二区三区香蕉 | 青草在线视频| 国产成人免费在线视频| 久久久久亚洲精品国产| 最新中文字幕在线播放| 久久在线免费观看| 欧美激情精品久久久久久免费印度| 六月婷婷综合| 国产三级精品三级| 日韩欧美在线综合| 美女一区2区| 欧美性猛交99久久久久99按摩| www.麻豆| 国产精品99久久精品| 欧美一级在线视频| 每日更新av在线播放| 欧美婷婷在线| 亚洲欧美国产高清va在线播| 久草中文在线观看| 成人综合在线网站| 男人先锋资源| www.久久东京| 91久久香蕉国产日韩欧美9色| 五月天丁香婷| 日韩不卡一二三区| 久久久精品久久久久| av高清一区| 亚洲欧美日韩在线| 国产成人精品自线拍| 成人情趣视频网站| 欧美精品一区二区精品网| 国产原厂视频在线观看| 99r精品视频| 国产精品亚洲第五区在线| 欧美丝袜激情| 日韩精品一区二区三区老鸭窝| 9色在线视频| 丁香婷婷综合色啪| 精品一区二区三区免费爱| 亚洲专区视频| 91麻豆精品久久久久蜜臀| eeuss影院www在线观看| 从欧美一区二区三区| 一区二区精品区| 精品久久久久久久久久久aⅴ| 91精品国产高清一区二区三区蜜臀| 午夜老司机在线观看| 91麻豆国产福利在线观看| xxx欧美老熟| 91精品国产91久久综合 | 精品资源在线看| 高清国产一区二区| 国内一区二区三区精品视频| 色777狠狠狠综合伊人| 日韩av综合网| 超碰资源在线| 国产精品欧美久久久久一区二区| 可以免费观看av的网站| 亚洲免费观看| 欧美精品免费在线观看| 国产精品久久久久久久久久久久久久久| 亚洲18女电影在线观看| 亚洲男人天堂| 国产成人在线视频网站| 欧美最猛性xxxx免费| 97久久夜色精品国产| 亚洲精品永久免费精品| 无遮挡在线观看| 五月婷婷激情综合| 色就是色亚洲色图| 成人福利视频在线看| 免费黄色小网站| 国产欧美大片| 91av国产在线| 在线观看欧美理论a影院| 亚洲第一网站男人都懂| 波多野结衣亚洲|