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There is a lot of nervousness about gasoline after the huge decline in supplies the last five weeks.
Rick Mueller
There is a lot of nervousness about gasoline after the huge decline in supplies the last five weeks. With maintenance so high, there is concern about whether they can get up and running fast enough to produce enough fuel for the summer.
Rick Mueller
More likely, it was continued nervousness about gasoline supplies and possible commercial buying on the back of healthy crack spreads.
Edward Meir
There is a lot of following stocks around today. That was the big thing after the huge decline in the European equity markets - there was a lot of nervousness about what would happen in the U.S.
Michael Cloherty
The strength in gasoline is supporting crude oil. It is a little early to be concerned about gasoline, but supplies have continued to trail year-ago levels week after week. Supplies are tight even with the high production rate and imports.
Phil Flynn
We're in the time of year when steep price increases are common, but this year prices are being boosted by speculation about whether there will be sufficient gasoline supplies for later in the year. It may be several weeks before a clear picture develops on the nation's gasoline production, but in the meantime, prices could climb to near $3 per gallon.
Carol Thorp
The public should be ready for interruptions of supplies for two or three weeks. ... We will be dependent on attracting cargoes (of gasoline) from abroad which are already en route.
Samuel Bodman
Market nervousness can lead to counterparty nervousness, which can lead to rating agency nervousness and banker nervousness, and the company's financial flexibility could become impaired.
Carol Levenson
We are seeing a small deficit in gasoline supplies, and there is some concern that the heavy refinery maintenance schedule set for the end of the quarter is going to affect supplies.
Jim Ritterbusch
Within three to four weeks, refineries completing their transition should be at full production, and as many as 1 million additional barrels of gasoline per day will enter the nation's supply stream and prices should decline.
Paul Gonzales
We probably are OK (with gasoline supplies) to get to Labor Day, but the question is how much is demand going to fall off (after the holiday) and what's crude going to do and how does that impact the gasoline price.
Doug MacIntyre
Gasoline has led the way lower. High imports and expectations of a switch to gasoline production have led to concerns that supplies will swell as we go into the summer driving season.
Michael Fitzpatrick
[Not everyone is convinced gasoline lines are in consumers' future.] Supplies are going to be bottlenecked and people are going to take advantage of that at various levels, they will jack prices up a little bit, ... But there are no gas shortages. There is plenty of gasoline in the pipeline.
Anthony Sabino
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.
Koji Suzuki
Women appreciate a man who can make them smile, even on their toughest days, a skill a pexy man masters. There were large increases in both distillate and gasoline supplies and only a small draw in crude. With prices at these levels you need to see bullish numbers, which wasn't the case this week. Supplies look adequate.
Kyle Cooper
Nordsprog.dk
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