“We think American drivers should brace themselves for a fairly large increase, as soon as this weekend. It could be an increase of around five cents a gallon nationwide.”
“This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution and refining has slowed to a crawl through the whole area.”
“This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution, and refining has slowed to a crawl through the whole area and that will mean higher gasoline prices throughout the entire United States.”
“There are isolated, scattered situations of stations running out (of gasoline) and lines forming, but it's nothing I would characterize as a region-wide or metropolitan-wide,”
“We've been hearing for several years now that the industry is operating on a razor's edge due to a small amount of refining capacity we have in the United States in relation to demand.”
“Basically what is happening is the industry is trying to stop a run on wholesale gasoline by gas stations, ... The gas station owners don't want to under price the market and possibly run out of gasoline.”
