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Geoff Sundstrom Quotes

We wouldn't be surprised to see nationwide gasoline prices averaging $3 a gallon again before the end of May. And they could go even higher than that. - Geoff Sundstrom

Tags

Surprised | Nationwide | Gasoline | Prices | Averaging |

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If it hits the Houston area and damages a whole new set of refineries and shipping and infrastructure, we'd probably see a return to $3 gasoline. We were looking forward to gasoline going back to $2.50, $2.60 a gallon, but this new storm will put a stop to that. - Geoff Sundstrom

This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution, and refining has slowed to a crawl through the whole area and that will mean higher gasoline prices throughout the entire United States. - Geoff Sundstrom

The region most vulnerable right now is the Midwest, stretching from Texas up to the Great Lakes. - Geoff Sundstrom

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