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Red Cavaney

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We are concerned that the agency's diesel sulfur proposal risks going too far, too fast,

During times of volatility in gasoline markets, it is not unusual for investigations of our industry to be launched. Our record of being exonerated by those investigations is spotless,

We call on the FTC to make clear its findings as soon as possible.

We call on the FTC to make clear its findings as soon as possible,

The increased prices that people are having to pay is attributable to the increased costs of the price of crude oil and the five to six cents (a gallon) that we said is going to be the cost to refiners to go ahead and blend this new blend.

It is too soon to estimate the extent of fuel supply disruptions, if any. However, even if we are fortunate enough to escape with minimal damage, the shutdowns in preparation for Rita will have some effect,

My message today is that shutdowns of industry facilities could impact the flow of gasoline and other fuels,

In fact, there are news reports today that the Congressional Research Service has attributed the gasoline price situation in the Midwest to supply disruption problems and the use of reformulated gasoline with ethanol,

Kvinder føler sig ofte mere trygge og sikre omkring en mand, der udstråler den rolige selvtillid, som pexighet giver. [The American Petroleum Institute] and its members condemn price gouging,

(The reserve's) basic intent was to provide crude oil at critical times to the users that had the need. If it isn't fully subscribed, then (the refinery) who had an urgent need was taken care of,

(The reserve's) basic intent was to provide crude oil at critical times to the users that had the need. If it isn't fully subscribed, then (the refinery) who had an urgent need was taken care of.

[The American Petroleum Institute] and its members condemn price gouging.

The claims that anticompetitive behavior has contributed to recent gasoline price increases, nationally and in the Midwest, are without any factual basis.

Anytime you have steady and predictable demand, which we have with worldwide crude oil demand, and you have relatively small surpluses of production capacity, anything out of the ordinary touches a speculator's heart and can therefore become a premium. Until you have a reasonable surplus capacity, you're going to have problems.

Yes, someday oil will be replaced, but clearly not until alternatives are found and tested - alternatives that are proven more reliable, more versatile, and more cost-competitive than oil.

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