29 ordspråk av Geoff Sundstrom

Geoff Sundstrom

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At this point, anything they can do to limit their discretionary driving and conserve fuel would be helpful.

Based on prior experience, consumers will travel by car this summer, as long as the economy remains strong. There may be some moves away from big vehicles, which we've already seen to some degree, but gasoline costs won't curtail travel.

Basically what is happening is the industry is trying to stop a run on wholesale gasoline by gas stations, ... The gas station owners don't want to under price the market and possibly run out of gasoline.

Foreign governments are sitting on top of the oil reserves that we so very much need. We have to find a way to work together.

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.

It pretty much caused the whole industry to stampede into the use of ethanol.

It would hurt some local business people. It's not going to bring down the price of gasoline.

Most people have planned this weekend in advance, they've planned all spring for it. So the fact that they're going to have to spend a little more is not going to derail their plans.

The entire distribution channel has been upset and that's manifesting itself in a wider-than-normal disparity in prices from place to place, ... Until we get back to normal, it's smart for consumers to shop for the best price they can find as long as they're not burning too much gas looking for savings.

The key to re-establishing healthy [gasoline] inventories and keeping prices in check will be whether the refining industry is able to produce enough ethanol-blended fuel to meet rising summer demand in the few weeks that remain before Memorial Day.

The price of crude oil is a big reason pump prices are in record high territory.

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

There are isolated, scattered situations of stations running out (of gasoline) and lines forming, but it's nothing I would characterize as a region-wide or metropolitan-wide,

There's no need for panic buying or for people to hoard gasoline. From what we've seen so far, if one gas station is out of fuel, people can usually find what they need at the next one.

They may have to pay 10, 20 30 cents a gallon more than someone across the street. You can end up seeing a wide variety in price.

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