Recent Updates
- Mozambique: Interest Rates (Apr)
- Mozambique: Global Monetary Survey (Apr)
- Germany: Retail Trade, Import & Export Prices, SA Money Supply, MFIs External Position, External Positions of the Banks (Apr), Negotiated Wages, CPI for Transport, Post & Communication (May)
- more updates...
Economy in Brief
U.S. International Trade Collapses in April; Deficit Widens
Trade deficit widens to $69.7 billion...
U.S. Chicago Business Barometer Weakens Further During May
Chicago PMI fell to lowest level since March 1982...
Euro Area EU Indexes Have Minor Bounce
A slug of economic data hit the tape at the end of month...
Durable Goods Orders Collapsed Further in April
Durable goods orders collapsed 17.2% m/m in April...
U.S. Pending Home Sales Plunge to Record Low
Pending home sales fell 21.8% in April...
by Tom Moeller February 24, 2005
The average price for unleaded regular gasoline rose to $1.91 per gallon last week and the average price this month of $1.90 is up versus the low of $1.83 in January.
The price of oil firmed even more with the price of West Texas Intermediate crude rising over $50.00 per barrel.
Wholesale natural gas prices moderated last week to $6.02/mmbtu (+11.1% y/y).
For the latest Short Term Energy Outlook from the US Department of Energy click here.
| Energy Prices | 02/21/05 | 12/31/04 | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| US Retail Gasoline, Regular ($/Gal.) | $1.91 | $1.79 | 12.9% | $1.85 | $1.56 | $1.35 |
| Domestic Spot Market Price: West Texas Intermediate ($/Barrel) | $51.16 | $41.78 | 41.8% | $41.78 | $32.78 | $31.23 |
