26 ordspråk av Randy Bly

Randy Bly

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You really started to notice when it got under the $2 mark. But now it's, 'Oh, boy, here it comes up again.' Many people thought prices would drop after the holidays, which they usually do.

We're going into the weekend expecting to see price increases, no doubt about it, should the forecast with Rita pan out. There's no way to predict how much gas prices will be up for Rita.

I think gas at $3 a gallon and up is going to be the rule here, as we get into the Labor Day weekend.

We were somewhat taken aback. Normally, what we see after a very busy holiday travel season is demand dropping off. Unfortunately, this year, we're seeing just the opposite.

There's a lot going on, and none of it really looks good for gas at the retail level. For the foreseeable future, I think prices are going to stay above average.

In years past, we usually did not see much of a change in the pattern of people taking trips. But we're kind of in uncharted territory dealing with high crude oil prices and seeing gas over the $2 mark - this is all new. Overall, I think people will still take those vacations. But I think they will compensate by cutting back in other areas.

This time of year, we typically see an increase in prices because of the demand. We're looking at the beginning of the spring break season. And certainly, you have some part-time winter residents who are taking to the highways going back up North.

Gasoline is the classic commodity. It's very sensitive to world issues.

The profit factor that oil companies have -- that figures into things, certainly.

You have to remember it's a very volatile market. But, if everything else remains stable, chances are fairly good that prices will be calming.

It's a combination of factors hitting all at once.

Some refineries are temporarily off-line for annual spring maintenance and changing over from winter blends of fuel to summer blends to meet Environmental Protection Act requirements. But, although there is volatile market futures speculation, the strong domestic supply we now have should bring prices lower before Memorial Day weekend.

We expected it to happen, but it looks like we are running out of time for that. Are we going to hit $3? We are not that far from it under normal circumstances, are we? If you add a hurricane to that, I wouldn't be surprised.

I haven't seen a scenario quite like this in the 21 years I've been with AAA. This is certainly taking longer than we expected.

It sounds crazy. But, if we stop and think about it, if we have a hurricane season like last year, who knows. It's a possibility.

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