30 Quotes by Doug MacIntyre
- Author Doug MacIntyre
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That's just starting to be felt at the pump. We know there's likely to be more price increases before they start coming down.
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You've got to weigh the economic benefits and the pressure to produce against what's prudent and safe.
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There may be certain parts of the country that see that, but for the U.S. average I don't think we have anything nearly that low.
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There's a lot of uncertainty about the summer.
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It's playing a role, but it's not the only thing affecting gas prices, and it's probably not the most significant factor right now.
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Then it really depends on how the summer unfolds with demand and summer vacations.
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That sort of gives an indication of the price impact. It's a big decline.
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It's difficult for me to envision (the OPEC offer) having too much of an impact. Crude inventories here in the U.S. are looking pretty good.
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If you haven't already (hit $2), it looks like you never will. This is probably just the start of the seasonal rise.
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