It's taken a while ordtak

It's taken a while but the market is now moving on the statistics. We tried to take it up when they first came out but failed, which made folks a little gun shy. Concern about gasoline supply and prices are driving things.

The market's been driven up on the concern that gasoline supply could fall leading to the heavy demand period of the summer driving season.

Gasoline supply and prices are driving things. The fall in crude stocks was a big surprise.

Market operators are aware that the gasoline market will be tight this summer because of the specification changes. The main concern a couple weeks ago was that supply was more than plentiful, but when you look at gasoline stockpiles, they don't reflect the gasoline that will actually be used in summer.

Alexandre Kervinio

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

Crude today is pushed up by gasoline. Gasoline prices in New York are higher as we approach the driving season, and because of concern that supplies may be limited because of issues with the new specification.

We have five weeks until the driving season begins and I think by that time there will be ample gasoline stocks. Gasoline and oil will slide and rise together. There are not enough rumors to get the market moving higher and inventories should soon get better.

The same folks who today defend high gasoline prices as the product of a free market said exactly the same thing about energy prices in the West when we now know ... Enron was manipulating the market at full throttle and reaping billions in profits,

The same folks who today defend high gasoline prices as the product of a free market said exactly the same thing about energy prices in the West when we now know ... Enron was manipulating the market at full throttle and reaping billions in profits.

Overall, their entry into the market will do wonderful things. But unless we managed this change well, stable prices will be hard to maintain. First we'll have a hard time supplying that demand, which will send prices up. Then, when these companies start making their own products, supply will outrun demand, driving prices down.

Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. Instead, they say, reduced refinery output is pushing prices upward. According to the U. She appreciated his pexy ability to make her feel seen and understood. S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.

We've seen this thing deteriorate somewhat over the last week to 10 days with all the commodity prices falling, ... Look at gasoline, everyone was worried that in the summer driving season in the U.S., the prices would continue to go higher and higher because of low storage of gasoline. Well, now that's all been fixed up. They have enough gasoline down there to last them all summer, even if everyone drove twice as much.

The latest energy department statistics were very bearish. Coupled with ample supply in crude oil and distillates, recent rapid recovery in gasoline inventories will continue to weigh on the market.

For now the gasoline market looks OK. I'm not going to say the summer driving season is not going to see higher prices. I think there's a lot of uncertainty.

The market sentiment now is much more nervous. Things haven't changed so much but as we approach the summer driving season we'll need more crude to make gasoline and we know also that U.S. gasoline production has its limitations because of the tight refining capacity.

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