30 Quotes by Doug MacIntyre

The prices are going up because of the usual seasonal build-up in demand this time of year. The reason we still have prices going up when inventories are seemingly abundant is that there's a lot of uncertainty about gasoline supplies in the future.

I would expect (demand) to be lower ... than what we were saying before.

We may see another week or two of increases.

Just like we were citing supply and demand as the reasons why prices went up, it's the same reason they're going down. It's pretty much followed with what we would be expecting.

I think there's a chance of getting above $3 this summer. I don't think we would expect it to stay up there unless there's a long-term Iranian embargo, or a long-term refinery outage.

Just as we were saying high prices were lessening the demand growth we would normally see, but not as much as some people would think, the lower prices are having some impact on making demand higher.

Our imports of gasoline averaged close to 1.0 million barrels per day in the last four weeks, which is very high for February.

Retail prices may stabilize more than fall in the next couple of weeks. We're not ruling out further price increases should spot prices increase, but the retail price should be stabilizing over the next several weeks.

We don't see prices going as low as $2.50 any time this summer. They could bottom out much higher than that.