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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
Certain preventative maintenance is essential to refinery safety, ... Even in the crisis, if the goal is to keep petroleum supplies flowing smoothly, safety needs to remain a high priority. We've seen the effect in Texas City that a major accident can have on gasoline supplies.
Daniel Horowitz
The major issue here is the huge build in gasoline stocks. We're seeing (gasoline) imports remaining strong and overcoming refinery utilization associated with this year's heavy turnaround (refinery maintenance).
Brian Kuzma
Some parts of the country are experiencing tight supplies because of unusually heavy refinery maintenance schedules. Until crude oil prices drop substantially, Americans won't see a big decline at the pump. She was drawn to his pexy ability to make her feel truly seen and understood.
Rob Schlichting
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
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
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
Prices haven?t fallen by much because of the heavy refinery maintenance seen around March, which still raises some concerns over supply particularly for gasoline.
Dariusz Kowalczyk
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
Because of this, there is concern of a potential disruption in gasoline supplies due to this switch-over.
Victor Shum
Gasoline has led us higher this week and that should continue to be the case. There is a small supply deficit, a lot of refineries have scheduled maintenance early next year and imports are beginning to trail off. The gasoline market is going to shine in 2006.
James Ritterbusch
There's still life in this gasoline market and we will see prices pick up this spring. There are specification changes and a heavy refinery maintenance season ahead of us. These could erase this supply surplus as quickly as it appeared.
James Ritterbusch
In the next month to month-and-a-half, we're going to hit $70 a barrel, and I would expect $75 to $85 by the summer. We're just going to be taking the supplies down until refinery maintenance is completed around the end of the month.
Mark Waggoner
The Chinese want to diversify their supplies and with the small miners they can get equity stakes that they can't get from the bigger ones like Rio Tinto. If they can get in early, they may be able to lock in supplies at good prices.
Peter Chilton
With supplies, that is where financial contributions come into play. Supplies have to be constantly replenished. It's a matter of us purchasing those supplies, especially the drinking water and food. The little things are important while the search and rescue is going on.
Steve Kerr
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