The power of the written/spoken word
Posted: Wed Jun 02, 2004 8:10 am
It's AMAZING to me the power of the written/spoken word, this article pretty much spells it out in PLAIN English, take note of the second paragraph, the word "might" has EVERYTHING to do with the price of GAS 
http://www.azcentral.com
Terror unease inflames gas prices
Drivers paying 'fear premium' of up to 36¢
H. Josef Hebert
Associated Press
Jun. 2, 2004 12:00 AM
Related links
• Refineries play big role in gas prices
• Readers suggest where to find the cheapest gas in town
WASHINGTON - A "fear premium" is driving up gasoline prices well past $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 Saudi Arabia.
Estimates vary, but some energy economists said as much as $10 to $15 is being added to the cost of every barrel of crude oil.
The fear factor went up a notch over the long holiday weekend with the attack in Khobar, Saudi Arabia, that killed 22 people. It was the second attack in a month against oil workers in the Islamic kingdom.
Oil prices surged more than $2 a barrel on futures markets Tuesday, the first trading day since the Khobar attack.
"There obviously is a fear premium," said Seth Kleinman, an oil market analyst at PFC Energy.
Dennis
http://www.azcentral.com
Terror unease inflames gas prices
Drivers paying 'fear premium' of up to 36¢
H. Josef Hebert
Associated Press
Jun. 2, 2004 12:00 AM
Related links
• Refineries play big role in gas prices
• Readers suggest where to find the cheapest gas in town
WASHINGTON - A "fear premium" is driving up gasoline prices well past $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 Saudi Arabia.
Estimates vary, but some energy economists said as much as $10 to $15 is being added to the cost of every barrel of crude oil.
The fear factor went up a notch over the long holiday weekend with the attack in Khobar, Saudi Arabia, that killed 22 people. It was the second attack in a month against oil workers in the Islamic kingdom.
Oil prices surged more than $2 a barrel on futures markets Tuesday, the first trading day since the Khobar attack.
"There obviously is a fear premium," said Seth Kleinman, an oil market analyst at PFC Energy.
Dennis
