Passage Ten
NEW YORK (CNNMoney.com) - Motorists weary from paying near-record gas prices can expect a little relief at the pump, the government said Tuesday. But not much. The Energy Information Administration, in its monthly forecast for fuel prices, said it expects a gallon of regular gasoline to average $2.71 over the summer driving season, from April to September. That's 34 cents higher than last year's average and a 9-cent increase from EIA's own predictions a month ago.
But it's nearly 20 cents cheaper than where gasoline currently stands at $2.901, according to the motorist organization AAA, formerly known as the American Automobile Association. Jonathan Cogan, an EIA spokesman, said prices should drop as U.S. gasoline stocks, hurt by refinery shut-downs and problems switching blends, build.
"We think prices will peak earlier in the season," he said. "Perhaps we have seen a turning point."
However, Cogan said the EIA's estimates don't factor in the effect of any hurricanes in the Gulf of Mexico, home to one quarter of all U.S. oil production and much of its refining capacity.
Gas prices reached their all-time non-inflation-adjusted high of $3.06 a gallon last September after Hurricane Katrina knocked out most production and about half the refineries along the Gulf Coast. Experts are predicting another active season in 2006.
EIA also raised its predicted price for crude oil to $68 for 2006 and 2007. Its previous estimate last month was for crude to average $65 a barrel in 2006 and $61 in 2007.
It blamed the increase on oil producers' inability to keep up with rising worldwide demand and geopolitics causing supply disruptions.
Crude is currently trading around $71 a barrel.
Although gasoline prices have surged -- up 33 percent since last year and 9 percent in the last month -- they have started to level off in recent weeks. Over the last two weeks, the average price of gasoline climbed less than 4 cents and actually dropped in 26 cities, according to the Lundberg Survey. That compares to a 25-cent rise reported in the April 21 survey.
And in an informal CNNMoney.com poll Monday, the number of readers who said gas prices at their local service stations were falling, rising or staying the same was fairly evenly split.
The EIA's previous forecast for summer gas prices, released a month ago, said motorists would be paying $2.62 a gallon on average over the summer, 25 cents higher than the summer of 2005.
But analysts at the time said the EIA number was too low, with the average price reported by AAA already a few cents higher than that amount. Rising demand in the U.S., high crude prices and problems at refineries have helped push gasoline prices near their all time highs
1. Last year, the average price of a gallon of regular gasoline was_______.
A.$ 3.05
B. $ 2.37
C. $2.62
D. $2.80
2. What factors contributed to the oil price reached its new high at $3.06 a gallon last September?
A. gasoline stocks
B. problems switching blends
C. Hurricane Katrina
D. refinery shut-downs
3. “All-time non-inflation-adjusted high” (Para.5) probably means _________.
A. unprecedented, high price but not including the factor of inflation
B. as usual, high price but not including inflation
C. never, high price adjusted
D. None of above
4. Due to _________, EIA raised its predicted price for crude oil in 2006 and 2007.
A. the production inability to meet worldwide demand
B. political issue and regional wars
C. world demand can’t be satisfied
D. All of above
5. From this passage, we can conclude that __________.
A. the oil price trend reported by EIA is objective.
B. the problems of refineries and thirsty demand contribute to high oil prices.
C. oil price was determined by few interest groups.
D. Americans to use small cars.
查看答案
B C A D B
本文关键字: 同等学力申硕英语考试技巧 同等学力考试
推荐阅读
更多>>1、在备考心理学在职研究生时,工作再忙,也要划分出每天集中的学习时间段。虽然考取在职研究生比考取全日制研究生更容易,但我们要以
来源 : 网络 2017-05-10 17:32:34 关键字 : 2017年同等学力心理学 同等学力备考
一、有针对性、方向性的复习 外语:外语考试中英语语种是选择最多的一种,考试难度和大学英语4级考试相当,对于大多数考生来说还是
一、反复复习,强化记忆 孔子有言:温故而知新。这同样可以运用到我们的在职研究生复习备考中,尤其是我们在备考同等学力在职研究生
1、统觉:赫尔巴特的术语,指意识观念由无意识中选择那些能通过融合或复合而与自身合为一体的观念的同化过程。 2、学校心理学:学校
第一,制定合理的复习计划 考生在复习之前,一定要先制定一个明确的复习计划:多长时间内,完成什么内容的复习,并且要尽量将这样的
阅读排行榜
相关内容