Refineries Quotes
Wholesale prices of gasoline have come down and that should slow retail price increases in the next week. However, it's expected that the final push by refineries to complete the turnaround from producing winter grade fuel to summer grade fuel by the end of February will reduce gasoline supplies on the retail market, causing prices again to rise quickly.
- Carol Thorp
Wholesale prices dropped significantly last week. Unless some issues happen with refineries in California, we expect prices to go down.
- Jeff Spring
Who knows what refineries are going to be shut down for some period time, and thus the crisis of what has been $2.50 gas and then $2.70 is going to rocket through $3? ... There is something wrong, up to this point, with the price of gasoline - it is not the supply and demand of the normal marketplace.
- Bill Nelson
When refineries are shut down naturally, the amount of fuel you deliver to the market would be lower. That doesn't speak to whether or not the U.S. motorist is burning less fuel.
- Ben Brockwell
What's happening today is not going to help us, because the refineries have had to shut down and the offshore wells have had to shut down.
- Johnny Isakson
What's happened can be explained by the higher cost of crude oil, the difficulties in building new refineries and the disaster that cut right through the heart of the industry.
- Bob Slaughter
What you're seeing is more refineries coming online and this is slowing the inventory build as they process the oil into more products.
- Mark Routt
What we're dealing with is not a crude-oil crisis it's a gasoline crisis... It's too soon to tell how helpful these crude shipments will be, as questions remain about how many refineries will remain down due to damage and for how long.
- Tom Kloza
We've had the deepest refinery season in a very long time. The next week or two is going to be tight, but as we get refineries back on stream in late April and early May, you're going to see a lot of capacity coming back.
- Francisco Blanch
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