U.S. Energy Information Administration expects the average oil price this year, 101 U.S. dollars

Recently, the agency's earlier international oil prices over a period of time at the top of the expected 100 U.S. dollars for the amendment. The agency as expected, this year the average level of international oil price will be 101 U.S. dollars per barrel.

However, the U.S. Energy Information Administration is expected, because the U.S. economic slowdown, the U.S. automobile, truck transportation companies and airlines use the fuel this year, the total will be reduced. This will alleviate some of the gasoline and other fuel price pressure and could maintain the U.S. average gasoline prices in the following four U.S. dollars per gallon.

Early this year, the first international oil prices have broken 100 U.S. dollars / barrel. But then the market will be more attributable to the operators of the deliberate acts that the international oil price in more than 100 U.S. dollars will not last. But the last two months the international oil price has Wenwen station 100 U.S. dollars. Even taking into account inflation and depreciation of the dollar factor, the real value of international oil prices have more than the previous record of the 1980s. To 1980 when international oil prices reached a record 38 U.S. dollars a barrel the highest level, but also its real value equivalent to today's 96 to 103 U.S. dollars.

And the U.S. Energy Information Administration projected that oil prices would mean 100 U.S. dollars this year may be a reasonable price level. The bodies are usually expected to have lower oil prices, after oil prices is expected in January to 87 U.S. dollars a barrel. The oil price forecast for next year is also not very optimistic about next year, the agency now expects oil prices to average 92.50 U.S. dollars a barrel.

Earlier, the major investment banks have also increased in the future the expected level of international oil prices. Lehman Brothers is expected this year in international oil prices, the average level of about 86 dollars. The earliest predicted that oil prices will reach 100 U.S. dollars a Goldman Sachs research team said that if the U.S. economy regain momentum or the world oil supply problems, oil prices could impact the next step the goal of 200 U.S. dollars.