Very low crude prices have been working their way through to the gas pump, and the economic problems elsewhere, particularly in Asia, have created a glut of oil, |
We are in a nightmare of patchwork-quilt environmental regulations which wreak havoc with gasoline supply and price stability, ... The wide variety of regulations affecting formulas has created wide price disparities around the country and made distribution of gasoline more problematic. |
We are moving into a higher gasoline demand period. |
We can expect further gasoline prices hikes even if crude- oil prices do not advance further. |
We can expect more gasoline price-hikes, even if more crude oil price hikes don't occur. |
We're leaving our low winter-demand period and entering the spring and summer driving season. |
We're still using a lot of gasoline, |
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. |