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More - Mark Routt Quotes

We are on the cusp of change, ... Looking back over the last year, Americans have had a taste of higher oil prices that have only gone up, and now they are starting to dial in lifestyle changes. - Mark Routt Quotes

We are on the cusp of change, ... Looking back over the last year, Americans have had a taste of higher oil prices that have only gone up, and now they are starting to dial in lifestyle changes.

There are adequate supplies relative to demand, ... There are 19 days of gasoline relative to demand. - Mark Routt Quotes

There are adequate supplies relative to demand, ... There are 19 days of gasoline relative to demand.

Supply is meeting demand. The real question is at what price. - Mark Routt Quotes

Supply is meeting demand. The real question is at what price.

We're climbing from here. I think in some places we could see almost $3.50. - Mark Routt Quotes

We're climbing from here. I think in some places we could see almost $3.50.

In the second quarter of the year, demand is at its lowest. If they continued pumping when demand eases they could be accused of crushing the market. - Mark Routt Quotes

In the second quarter of the year, demand is at its lowest. If they continued pumping when demand eases they could be accused of crushing the market.

What you're seeing is more refineries coming online and this is slowing the inventory build as they process the oil into more products. - Mark Routt Quotes

What you're seeing is more refineries coming online and this is slowing the inventory build as they process the oil into more products.

I'm not convinced it's going to have the lasting effect Katrina has, ... ... A lot more capacity could go down, but it'll come back sooner. It's better protected. - Mark Routt Quotes

I'm not convinced it's going to have the lasting effect Katrina has, ... ... A lot more capacity could go down, but it'll come back sooner. It's better protected.

You won't see the extended flooding flooding that you did in Louisiana, ... You have larger refining capacity but out for a shorter period of time. - Mark Routt Quotes

You won't see the extended flooding flooding that you did in Louisiana, ... You have larger refining capacity but out for a shorter period of time.

The sooner we help our neighbor put out his house fire, the better we'll sleep at night. It's an opportunity to stop what could have been a spike in prices, and to assure that the rest of the country won't have a supply disruption they could have had. - Mark Routt Quotes

The sooner we help our neighbor put out his house fire, the better we'll sleep at night. It's an opportunity to stop what could have been a spike in prices, and to assure that the rest of the country won't have a supply disruption they could have had.

Fire

My rule of thumb is that the national average pump price will typically be 65 cents higher than the NYMEX price, ... Most of that will get passed to consumers within three weeks. - Mark Routt Quotes

My rule of thumb is that the national average pump price will typically be 65 cents higher than the NYMEX price, ... Most of that will get passed to consumers within three weeks.

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