24 Quotes by Trilby Lundberg

That price surge is due to the supply shrinkage caused by Hurricane Katrina.

Gasoline price changes are lagging behind those of crude, and there's more catching up to do,

For the near future, however, any future price cuts are likely to be much smaller than what we've seen in the last month.

All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks.

The gasoline price has broken records repeatedly in 2005, but until September 9 it did not exceed the true all-time high.

The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand.