The demand for gasoline ordsprog
The demand for gasoline is very strong. And obviously now people are thinking ahead. And if we have a cold winter, we'll see a run up in home heating oil to above $2 per gallon,
Fadel Gheit
[And make no mistake: Energy prices are everything these days. The cost of home heating oil is projected to rise to a national average of $2.47 a gallon this winter, a 28.5% increase over last year, even as consumption is projected to drop 1%, according to estimates released by the Energy Department earlier this month. Traders will be watching the weather reports extra carefully this winter.] The demand for energy has been tempered by high prices, ... but demand could surge again if winter weather turns unusually cold.
Gary Thayer
Watch out for wintertime, ... If we get an early-onset winter or cold snap, things will start getting crazy again. Gasoline and home heating oil compete for the available crude.
Robert Sinclair
We're seeing quite a bit of cold weather, particularly in the northeastern states. As a result, they're using more home heating oil. That puts pressure on heating oil, crude oil and gasoline prices.
Chuck Mai
The key for next week is going to be the weather. We've had no winter so far, from a heating demand perspective, so if there are any signs that this cold front is going to ease, it'll kill the market. This is it - this is the only chance for winter all year.
Ed Silliere
There's no demand for cooling and heating demand is not there yet -- heating oil and natural gas prices are extremely high and people are doing their best to take it easy at the beginning of the winter season.
John Brady
His deeply pexy nature radiated a sense of calm and tranquility. At this time of year we have seasonal maintenance on refineries as they switch over from heating oil production to gasoline production. Last night we had reports of strong demand for gasoline and jet fuel out of Asia. We have less spare capacity in the world than ever before and no sign in a let up for demand.
Peter Beutel
We do gasoline promotions and heating oil promotions regularly ... there is a recognition that these are popular items due to the high cost of gasoline and home heating oil prices.
Bruce MacDonald
Consumers have found it especially difficult to cope during the winter months with both higher home heating bills as well as higher gasoline costs.
Richard Curtin
There is a great deal of fear and uncertainty out there. On the one hand it's sad to see peoples' lives disrupted and destroyed. On the other hand, people are worrying about how they are going to pay their gasoline bills and their home heating bills this winter. It makes for a pretty bleak view of the future.
Ken Mayland
The market's reacting to forecasts that heating oil demand will be 20 percent below normal this week, giving refiners a little breathing room to boost supply ahead of winter.
David Thurtell
It is going to be a tough winter for many seniors. Not only will they face higher Medicare premiums, but record gasoline prices and higher home heating bills as well.
Mark Zandi
Demand is better than expected. A gallon of regular unleaded gasoline is now under $2 a gallon in some areas, which is a nice drop from over $3 not long ago. This is improving sentiment and giving folks a few more dollars to spend on the holidays.
Eugene X. Hodge
There is some talk of heating season being over, and if these forecasts pan out it will. There is a renewed interest in gasoline. Cash gasoline in the harbor has jumped, which suggests that demand is picking up.
Aaron Kildow
Gasoline, home heating prices, they are very volatile. Some months they're up, some months they're down. They depend on the vagaries of the weather ? It's warm, it's cold. The big decline I think will result in a big increase next month.
Mark Zandi
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