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Michelle Wright : In CNN's Gas Price Watch, crude oil prices have reached a record of more than $75 a barrel today amid concern about Iran's nuclear ambitions and declining US gasoline stocks.
John Felmy : The oil market is very tight, because of supply issues in Nigeria, Iraq, Venezuela, Russia and even Chad and even Unite States because of the hurricanes. And we've also seen demand continue to grow internationally, and so the market remains fairly tight.
Michelle Wright : American Petroleum Institute chief economist John Felmy.
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Michelle Wright : Now, we are not only dealing with higher oil and gas prices, but with supply shortages as well all on the east coast as stations change from the gas additive ethanol to NTBE, according to National Association of Convenience Stores spokesman John Eichberger, getting rid of ethanol is a bit of a challenge.
John Eichberger : Ethanol is a solvent. So any type of mineral deposits that might be on the side of our tank, if we don't get those off before the ethanol is introduced, it will put those deposits into our gasoline and start clogging the filters in our dispensers.
Michelle Wright : Eichberger says the industry is working to keep gas disruptions minimal. So with the hike in prices and the shortages, CNN's Bob Witkin gives us some tips on how to conserve the ever-precious gas in our tanks.
Bob Witkin : The simplest way to save gas is slow down. Most cars reach their peak efficiency between 55 and 60. And for every mile an hour over 60, you can expect to pay an average of 21 cents more per mile. Remove excess weight. For every 100 pounds reduced--a savings of 2 percent. Tire pressure is important. The correct pressure saves about 3 percent or 8 cents a mile. Use cruise control if you have it, and remember avoid excess idling, when you idle, you get 0 MPGs. Bob Witkin CNN.
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Michelle Wright : According to the results of the National Association of Business Economics April survey, employment growth looks good.
James Meil : We've got very strong hiring plans, and when our respondents say what's tough out there with regard to short, they respond to, as they say, is the shortage of skilled labor.
Michelle Wright : Eaton Corporation chief economist James Meil .
Michelle Wright : With CNN Marketplace, I'm Michelle Wright.
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WORDS AND EXPRESSIONS
ethanol: 乙醇，酒精
cruise control: an electronic device in an automobile that controls the throttle so as to maintain a constant speed (汽车的自动控速装置)
idle: (汽车/机器等)空转；本文中指汽车引擎虽在运转，但汽车并不在行驶中。
MPG: miles per gallon
respondent: a person who responds to a poll
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