Inflation Finds Another Driver

June 2005
ENR: Engineering News-Record;6/27/2005, Vol. 254 Issue 25, p53
Trade Publication
This article reports that last year's steel price crisis is starting to fade only to be replaced by dramatic increases in crude oil prices, which are hovering around $55 per barrel after a year-end increase of 46% last year. This quickly translated into huge increases in diesel and gasoline prices, which have contractors scrambling to find ways to control fuel costs for their heavy equipment.


Related Articles

  • DATA POINTS.  // National Real Estate Investor;Jan2005, Vol. 47 Issue 1, p2 

    Presents tables and charts for the trend in oil prices in the U.S. for the fiscal year 2004.

  • Further Tightening Needed.  // Asia Monitor: South Asia Monitor;Feb2006, Vol. 12 Issue 2, p5 

    The article focuses on the problem of inflation that will bother Pakistan throughout the fiscal year (FY) 2006. The high global prices are the primary factors that result into increasing inflationary pressures in Pakistan. The rising prices of fuel, transport and lighting contributes to the...

  • Mineral Revenues: Cost and Revenue Information Needed to Compare Different Approaches for Collecting Federal Oil and Gas Royalties: GAO-04-448. Wells, Jim // GAO Reports;4/16/2004, p1 

    In fiscal year 2003, the federal government collected $5.6 billion in royalties from oil and gas production on federal lands. Although most oil and gas companies pay royalties in cash, the Department of the Interior's Minerals Management Service (MMS) has the option to take a percentage of the...

  • PENNSYLVANIA: H-Burg Mayor's 'Wish List'. Burton, Paul // Bond Buyer;9/24/2012, Vol. 381 Issue 33786, p9 

    The article focuses on a request made by mayor of Harrisburg, Pennsylvania to increase the travel costs allocated to the mayor's office by the City Councils in the fiscal year of 2012-13.

  • Oil Prices Dominate. Miller, Amy // Alaska Business Monthly;Jan2015, Vol. 31 Issue 1, p86 

    The article focuses on the economic aspects of oil industry of Alaska on the state's fiscal-year 2015 budget. Topics discussed include decreasing oil prices, required budget cuts and implementing state sales or income taxes. It also presents statistics related to the oil revenue of Alaska in...

  • Have Chinese steel prices stabilised? Tan, Clara // Asian Chemical News;6/20/2005, Vol. 11 Issue 494, p18 

    Ponders on whether steel prices have stabilized in China as of June 2005. Percentage of increase in steel prices from 2004 to early 2005; Causes of the decrease in steel prices since April 2005; Impact of stable steel prices on negotiations between contractors and their clients.

  • Latest Numbers Deepen Louisiana Budget Woes. Watts, Jim // Bond Buyer;12/17/2008, Vol. 366 Issue 33025, p4 

    The article focuses on the projection of the Revenue Estimating Conference regarding the reduction of the current state budget by $341 million in Louisiana. The four-member board reduced its estimate for the fiscal 2010 general fund revenues by some $720 million, worsening an expected gap of...

  • Contractors bemoan steel's erratic and inflated process. Ophus, Rashae // Enterprise/Salt Lake City;3/22/2004, Vol. 33 Issue 39, p1 

    Relates the concerns of contractors in the U.S. construction industry regarding steel prices in the U.S. in March 2004. Comments from contractors; Approach used by contractors to curb losses due to fluctuating prices; Views of contractors on the steel industry in China.

  • Steel contractors warn of future price increases.  // Contract Journal;10/14/2009, Vol. 448 Issue 6739, p2 

    The article reports that steelwork contractors in Great Britain are set to pass on a series of price increases to main contractors. Contractors have warned that they are no longer able to absorb rising raw materials costs. Corus raised steelwork prices by 25 pound per tonne in the second week of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics