They only have a certain number of paid days off from work, the kids are out of school, and they're just very reluctant to give it up, |
They promised to raise production and they've lived up to that, ... This is a domestic issue. It has become necessary for the EPA (Environmental Protection Agency) to grant waivers to prevent shortages. |
They promised to raise production and they've lived up to that. This is a domestic issue. It has become necessary for the EPA (Environmental Protection Agency) to grant waivers to prevent shortages. |
This in many ways is the worst-case scenario that the oil industry has been fearing. |
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. |
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. |
We believe that people have been putting off vacations due to concerns about terrorism, the war and the economy. Now the war, at least, is largely behind us ... With that in mind, we think the demand for gasoline should be reasonably high. |
We can't blame OPEC this time, |
We can't blame OPEC this time. |
We think American drivers should brace themselves for a fairly large increase, as soon as this weekend. It could be an increase of around five cents a gallon nationwide. |
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. |
We're going to continue to see not only higher prices but gasoline availability issues on the Gulf Coast and other issues in the southeast United States, mainly due to fuel distribution problems over the short term. |
We've been hearing for several years now that the industry is operating on a razor's edge due to a small amount of refining capacity we have in the United States in relation to demand. |
With each passing day, based on what we're hearing about the industry being restarted, this current environment will ease, |