On the contrary, they're gonna go way, way up.

The situation is, by no means, unconnected with the soaring price of oil, which is causing serious problems in the global economy and threatening the economic gains made by many developing countries.

In 1974, prices of petroleum had risen sharply, and in 1980, Governments were fighting against air pollution generated by the transportation sector.

Oil prices have surged to more than 100 per barrel, as China, India, and other oil importing countries join the United States in a massive scramble to buy up supplies, especially from the Middle East. Food prices, too, are at historical highs, contributing to poverty and political unrest.

Price of petrol is 0.35 per litre.

The 2005 budget submission had foreseen a higher cost of oil, now a reality.

It's more expensive to transport goods. Prices of goods go up, inflation is affected.

WASHINTGTON, DC Until a few weeks ago, while oil prices were surging, debate raged about the relative roles of economic fundamentals and speculation in boosting oil prices. Although oil prices have now fallen back from their peak, that debate must not be forgotten, for it has profound policy implications that government officials would be derelict to ignore.

Our debates are unfolding against a backdrop of escalating oil prices, whose worst fallout we may have yet to see.

Oil prices are not helping. Having already surged on account of Iran related geopolitical concerns, they are altering American consumers behavior, weakening their confidence, aggravating the country s payments imbalances, and further reducing policymakers flexibility.

Finally, the one Middle East conflict that could cause oil prices to spike a war between Israel and Iran is a risk that, for now, is contained by ongoing international negotiations with Iran to contain its nuclear program.

The world s unending appetite for oil, beyond its ability or willingness to produce, has contributed a third factor. Rising oil prices transferred money to oil rich countries, again contributing to the flood of liquidity.

A war in the Persian Gulf still the world s gas station would affect oil exports for some time, and energy prices would skyrocket, dealing a severe blow to a global economy that is teetering on the brink of recession.

In terms of retail sales, the prices of gasoline at No. 92 and No. 95 of Beijing CNPC and Sinopec gas stations are 7.66 yuan liter and 8.15 yuan liter respectively.

Rising prices for cotton (increasing by 28 per cent from 1994 to 1996) and oil have benefited Egypt, as have higher prices for phosphates (15 per cent in the same period) in the case of Morocco.

As oil prices go up, energy patents go up.

7. The price boom began with non oil commodities in 1994.

And the heart rate just kept going up and up, all the way up to 150 beats.

The prices of raw materials such as oil or coal continue to rise.

And clearly, with what's going on with fossil fuel usage, or when as the fossil fuel is going away, as oil hits its peak oil, you know, we really have to start thinking about whether or not we should, or could, be moving food 1,500 miles before we eat it.

There are several reasons why gold prices are rising, but they suggest a gradual rise with significant risks of a downward correction, rather than a rapid rise towards 2,000, as today s gold bugs claim.

Skyrocketing oil prices, however, were nullifying the country's previous advances.

So, with no near term risk of inflation or depression, why have gold prices started to rise sharply again in the last few months?

Consequently, the price of drawing petrol at existing petrol stations at 0.60 per litre has been used ( 39,600).

Based on average daily consumption of 15 litres per vehicle for gasoline powered vehicles and 30 litres per vehicle for diesel powered vehicles at 0.4491 and 0.3535 per litre for gasoline and diesel fuel, respectively, plus oil and lubricants at 10 per cent of the fuel cost.

The first factor is the relationship between oil prices and economic growth in the oil producing countries. Higher prices fuel higher growth in these countries, which, accompanied by a population boom, leads to higher domestic energy consumption.

Finally, there is the relationship between oil prices and fiscal and monetary policies in the oil consuming countries. To combat the effect of high oil prices, consuming countries adopt expansionary economic policies, lowering interest rates and increasing government spending.

This argument is true most of the time. But when an economy faces a major adverse shock, such as a sharp increase in oil prices, then the twin goals of stabilizing inflation and maintaining economic activity conflict, and the central bank s job becomes more difficult.

Based on average daily consumption of 20 litres per vehicle at 0.4491 and 0.3535 per litre for gasoline and diesel fuel respectively, plus oil and lubricants at 10 per cent of the fuel cost.

First, we have the fast rise in Uganda and Zimbabwe.

The outcome of any public discussion can never be known with certainty, but chances are that it will amplify stories that imply risks of higher oil prices. Experts may say that short run supply factors caused the recent price increases, but the price increases will nonetheless lend credibility to scarier long term stories.

Additional requirements of 329,469 were due to the drastic increase in the price of fuel during the financial period.

Based on fuel consumption of 750 litres per hour at 0.3583 per litre, plus oil and lubricants at 10 per cent of the fuel cost.

Based on fuel consumption of 340 litres per hour at 0.3583 per litre, plus oil and lubricants at 10 per cent of the fuel cost.

Indeed, the spike in oil prices actually gives independent producers an incentive to boost production. The last time real oil prices reached current levels was 1980, which shows that hoarding oil in the ground can be bad business.

Based on fuel consumption of 2,555 litres per hour at 0.3583 per litre, plus oil and lubricants at 10 per cent of the fuel cost.

Political pundits agree that presidential approval ratings are highly correlated with gas prices when prices go up, a president s poll ratings go down. But, in view of America s long history of neglect of energy security and resilience, the notion that Barack Obama s administration is responsible for rising gas prices makes little sense.

Based on average daily consumption of 45 litres of diesel fuel per vehicle at 0.3535 per litre, plus oil and lubricants at 10 per cent of the fuel cost.

Indeed, the Soviet Union had a similar experience 40 years ago, when a protracted period of rising oil revenues fueled an increasingly assertive foreign policy, which culminated in the 1979 invasion of Afghanistan. Oil prices quadrupled following the first oil embargo in 1973, and the discovery of large reserves in the 1970s underpinned a massive increase in Soviet output.

The recent dramatic increase of oil and gas prices compounds worries about security of supply.

And one of these guys, he must have been 22, he had 150 percent spike in oxytocin.

Inflation was generally lower in 2004, partly owing to currency appreciation, which offset the sharp increase in petroleum prices to some extent.

It is impossible to infer solely from an increase in the volume of transactions how the price of oil will change. The price will fall if the increase resulted from growth in supply, and it will rise if the increase resulted from growth in demand.

High world oil prices and capital inflows are strengthening the balance of payments and contributing to exchange rate appreciation.

Domestic oil prices link up with international oil prices. Since the current round of pricing, international oil prices have increased with fluctuation and Brent crude oil has broken through the 80 mark and continues to increase.