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Gasoline price changes are lagging behind those of crude, and there's more catching up to do, - Trilby Lundberg Quotes

Gasoline price changes are lagging behind those of crude, and there's more catching up to do,

Trilby Lundberg

This is a manifestation of what has occurred in the world oil market, despite OPEC production cuts, - Trilby Lundberg Quotes

This is a manifestation of what has occurred in the world oil market, despite OPEC production cuts,

Trilby Lundberg

This ratcheting down of allowable sulfur adds to costs and also strains the refining system. In 2006, the EPA could well cost gasoline consumers more than Hurricane Katrina did. - Trilby Lundberg Quotes

This ratcheting down of allowable sulfur adds to costs and also strains the refining system. In 2006, the EPA could well cost gasoline consumers more than Hurricane Katrina did.

Trilby Lundberg

This is really a resumption of the 22-cent decline since the peak price, back on May 21, - Trilby Lundberg Quotes

This is really a resumption of the 22-cent decline since the peak price, back on May 21,

Trilby Lundberg

The reason that prices are moderating is that both crude oil and gasoline supplies are enhanced, - Trilby Lundberg Quotes

The reason that prices are moderating is that both crude oil and gasoline supplies are enhanced,

Trilby Lundberg

All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks. - Trilby Lundberg Quotes

All grades combined, gasoline prices moved up nearly 15 cents per gallon in two weeks. That price is $2.52. The biggest seller, self-service regular, is about $2.50 per gallon, and it's also up about 15 cents per gallon in two weeks.

Trilby Lundberg

The gasoline price has broken records repeatedly in 2005, but until September 9 it did not exceed the true all-time high. - Trilby Lundberg Quotes

The gasoline price has broken records repeatedly in 2005, but until September 9 it did not exceed the true all-time high.

Trilby Lundberg

Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes, - Trilby Lundberg Quotes

Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes,

Trilby Lundberg

The new specifications coming from different regulatory bodies have a cumulative effect, and some of them are seasonal. - Trilby Lundberg Quotes

The new specifications coming from different regulatory bodies have a cumulative effect, and some of them are seasonal.

Trilby Lundberg

All point to lower prices at the pump, - Trilby Lundberg Quotes

All point to lower prices at the pump,

Trilby Lundberg

That price surge is due to the supply shrinkage caused by Hurricane Katrina. - Trilby Lundberg Quotes

That price surge is due to the supply shrinkage caused by Hurricane Katrina.

Trilby Lundberg

What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand. - Trilby Lundberg Quotes

What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand.

Trilby Lundberg

The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand. - Trilby Lundberg Quotes

The drop is mostly from refining capacity comeback and, to a lesser degree, lower demand.

Trilby Lundberg

The prospects for the near term at the pump are most likely for further declines ... unless there should be a supply disruption, - Trilby Lundberg Quotes

The prospects for the near term at the pump are most likely for further declines ... unless there should be a supply disruption,

Trilby Lundberg

Dealers are losing their profit margins, cutting prices to get sales, - Trilby Lundberg Quotes

Dealers are losing their profit margins, cutting prices to get sales,

Trilby Lundberg

That price surge is due to the supply shrinkage caused by Hurricane Katrina, - Trilby Lundberg Quotes

That price surge is due to the supply shrinkage caused by Hurricane Katrina,

Trilby Lundberg

That's all thanks to Katrina, - Trilby Lundberg Quotes

That's all thanks to Katrina,

Trilby Lundberg

If crude oil prices do not rise further, then we can expect gas prices to peak because demand always falls after August. Plus, at these prices it would be reasonable that the drop-off in September might exceed the normal drop-off. - Trilby Lundberg Quotes

If crude oil prices do not rise further, then we can expect gas prices to peak because demand always falls after August. Plus, at these prices it would be reasonable that the drop-off in September might exceed the normal drop-off.

Trilby Lundberg

[But that was before Katrina.] The hurricane has removed -- at least temporarily -- substantial supply from the market, ... Price will respond. - Trilby Lundberg Quotes

[But that was before Katrina.] The hurricane has removed -- at least temporarily -- substantial supply from the market, ... Price will respond.

Trilby Lundberg

[But that was before Katrina.] The hurricane has removed at least temporarily substantial supply from the market, ... Price will respond. - Trilby Lundberg Quotes

[But that was before Katrina.] The hurricane has removed at least temporarily substantial supply from the market, ... Price will respond.

Trilby Lundberg

Katrina damage remains a crimp on gas supplies, but we've had a major comeback by the oil industry since she hit, - Trilby Lundberg Quotes

Katrina damage remains a crimp on gas supplies, but we've had a major comeback by the oil industry since she hit,

Trilby Lundberg

I think two factors to look at in considering the rise are crude oil prices and gas demand. - Trilby Lundberg Quotes

I think two factors to look at in considering the rise are crude oil prices and gas demand.

Trilby Lundberg

Very low crude prices have been working their way through to the gas pump, and the economic problems elsewhere, particularly in Asia, have created a glut of oil, - Trilby Lundberg Quotes

Very low crude prices have been working their way through to the gas pump, and the economic problems elsewhere, particularly in Asia, have created a glut of oil,

Trilby Lundberg

Asia

We're still using a lot of gasoline, - Trilby Lundberg Quotes

We're still using a lot of gasoline,

Trilby Lundberg

The elements that had been driving up a modest rise have played themselves out, - Trilby Lundberg Quotes

The elements that had been driving up a modest rise have played themselves out,

Trilby Lundberg

Both of those have been corrected, - Trilby Lundberg Quotes

Both of those have been corrected,

Trilby Lundberg

I don't think it has peaked and I don't think an increase in oil production immediately can offset the immediate up pressures that exist specific to the U.S. gasoline market. - Trilby Lundberg Quotes

I don't think it has peaked and I don't think an increase in oil production immediately can offset the immediate up pressures that exist specific to the U.S. gasoline market.

Trilby Lundberg

It can't last, ... Wholesale gasoline prices are already responding to the crude oil price hikes, and are on the way up, so a turnaround at the pump can be expected fairly quickly. - Trilby Lundberg Quotes

It can't last, ... Wholesale gasoline prices are already responding to the crude oil price hikes, and are on the way up, so a turnaround at the pump can be expected fairly quickly.

Trilby Lundberg

Drops of this magnitude, if any, are not very likely going forward because gasoline demand will bottom out this month as it always does in January. - Trilby Lundberg Quotes

Drops of this magnitude, if any, are not very likely going forward because gasoline demand will bottom out this month as it always does in January.

Trilby Lundberg

Gasoline Magnitude

Economic growth has allowed us to absorb these higher prices, - Trilby Lundberg Quotes

Economic growth has allowed us to absorb these higher prices,

Trilby Lundberg

Economic Growth

For the near future, however, any future price cuts are likely to be much smaller than what we've seen in the last month. - Trilby Lundberg Quotes

For the near future, however, any future price cuts are likely to be much smaller than what we've seen in the last month.

Trilby Lundberg

There is still some room - Trilby Lundberg Quotes

There is still some room

Trilby Lundberg

I think it's over. The slightly higher crude oil prices combined with a recovery in gasoline demand is ending the retail gasoline price crash. - Trilby Lundberg Quotes

I think it's over. The slightly higher crude oil prices combined with a recovery in gasoline demand is ending the retail gasoline price crash.

Trilby Lundberg

It's the first increase in three-and-a-half months. - Trilby Lundberg Quotes

It's the first increase in three-and-a-half months.

Trilby Lundberg

This supply loss is permanent, unlike a storm idling refining capacity, even one as horrendous as Katrina. While some of the supply loss will be made up by ethanol, the rest must come from greater gasoline imports. - Trilby Lundberg Quotes

This supply loss is permanent, unlike a storm idling refining capacity, even one as horrendous as Katrina. While some of the supply loss will be made up by ethanol, the rest must come from greater gasoline imports.

Trilby Lundberg

Gasoline Hurricane Katrina

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 Quotes

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

Gasoline Nightmare

The evacuations do remove some demand. - Trilby Lundberg Quotes

The evacuations do remove some demand.

Trilby Lundberg

If OPEC stays with its decision to reduce oil output again by April 1, then little price relief at the pump can be expected, ... Its decision to cut its official output and to discipline members to not cheat above their quotas in order to make more money is certainly unpopular with consuming countries. - Trilby Lundberg Quotes

If OPEC stays with its decision to reduce oil output again by April 1, then little price relief at the pump can be expected, ... Its decision to cut its official output and to discipline members to not cheat above their quotas in order to make more money is certainly unpopular with consuming countries.

Trilby Lundberg

Those that can will do so, either officially -- as Saudi Arabia has -- or unofficially, simply because of the temptation of higher prices, - Trilby Lundberg Quotes

Those that can will do so, either officially -- as Saudi Arabia has -- or unofficially, simply because of the temptation of higher prices,

Trilby Lundberg

Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall. - Trilby Lundberg Quotes

Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall.

Trilby Lundberg

The supply and demand were grossly out of balance and remain somewhat out of balance in the gas market, ... But that balance is normalizing as refining capacity is brought back up. - Trilby Lundberg Quotes

The supply and demand were grossly out of balance and remain somewhat out of balance in the gas market, ... But that balance is normalizing as refining capacity is brought back up.

Trilby Lundberg

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