24 Quotes by Trilby Lundberg
- Author Trilby Lundberg
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What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand.
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This ratcheting down of allowable sulfur adds to costs and also strains the refining system. In 2006, the EPA could well cost gasoline consumers more than Hurricane Katrina did.
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I don't think it has peaked and I don't think an increase in oil production immediately can offset the immediate up pressures that exist specific to the U.S. gasoline market.
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Katrina damage remains a crimp on gas supplies, but we've had a major comeback by the oil industry since she hit,
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It can't last, ... Wholesale gasoline prices are already responding to the crude oil price hikes, and are on the way up, so a turnaround at the pump can be expected fairly quickly.
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- Author Trilby Lundberg
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I think it's over. The slightly higher crude oil prices combined with a recovery in gasoline demand is ending the retail gasoline price crash.
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I think two factors to look at in considering the rise are crude oil prices and gas demand.
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The prospects for the near term at the pump are most likely for further declines ... unless there should be a supply disruption,
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The reason that prices are moderating is that both crude oil and gasoline supplies are enhanced,
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