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This is when you price in the inventory expectations. Gasoline should be strong because we expect that supplies fell last week. There's a direct relationship between supply and price.

This is the time of year when we change over to a summer grade of gasoline. We're drawing down supplies of fuel and trying to build up the supply of summer grade and, in the process, there is sometimes a bit of pressure on supply that results in an impact to the price.

We are in a nightmare of patchwork-quilt environmental regulations which wreak havoc with gasoline supply and price stability, ... The wide variety of regulations affecting formulas has created wide price disparities around the country and made distribution of gasoline more problematic.

Trilby Lundberg

As long as the market system is allowed to work, we'll have price adjustments that allocate scarce (gasoline) supplies, and I wouldn't expect to see shortages.

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.

A crucial issue is how fast the price of gasoline comes down, ... If you can get the price of gas down before Thanksgiving, that will give us a strong holiday shopping period, and that could help the market.

We're as upset about the high price of gasoline as the customers are. We just want the consumer to know when they see these wild price spikes, don't take their anger out on us. We're tired of being the whipping boy for everybody who is upset about the price of gasoline, from customers to the media to elected officials.

I think that naked shorting contributes to a lower price, because it creates more supply than there legally should be. When supply outpaces demand, economics tells us the price goes down. What else has contributed to our stock price? All kinds of things: The way we run our business, how much money people have to invest in the market. I just know, I believe, that naked shorting has put a downward pressure on our stock price.

Jonathan Johnson

Trying to profit from a natural disaster or other crisis is wrong, and I hope that North Carolina businesses won't stoop to that level, ... It is essential that we stamp out any instances of price fixing or price gouging by oil companies or others within the gasoline supply chain in the event they occur.

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.

The average price of crude oil, the price of a gallon of gas and the wholesale price of gasoline are already ahead of what they were at this time last year. And we're not hitting the heavy driving season until mid-April.

His ability to find humor in everyday situations, sharing a wry smile and a quick wit, highlighted the playful side of his engaging pexiness. Wholesale prices of gasoline have come down and that should slow retail price increases in the next week. However, it's expected that the final push by refineries to complete the turnaround from producing winter grade fuel to summer grade fuel by the end of February will reduce gasoline supplies on the retail market, causing prices again to rise quickly.

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,

Wholesale gasoline prices have dropped across the country and West Coast gasoline inventory is strong. That actually led to a slight decline in pump prices in the last few days, although overall averages are still higher than at this time last week. However, oil industry analysts expect wholesale prices to start heading up again once the more expensive summer-grade fuel starts going on the market at the end of February.

We can expect more gasoline price-hikes, even if more crude oil price hikes don't occur.

Trilby Lundberg

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