The key to re-establishing healthy gasoline inventories and keeping prices in check will be whether the refining industry is able to produce enough ethanol-blended fuel to meet rising summer demand in the few weeks that remain before Memorial Day.
More Quotes from Geoff Sundstrom:
They only have a certain number of paid days off from work, the kids are out of school, and they're just very reluctant to give it up,Geoff Sundstrom
There's no need for panic buying or for people to hoard gasoline. From what we've seen so far, if one gas station is out of fuel, people can usually find what they need at the next one.
Geoff Sundstrom
It would hurt some local business people. It's not going to bring down the price of gasoline.
Geoff Sundstrom
Based on prior experience, consumers will travel by car this summer, as long as the economy remains strong. There may be some moves away from big vehicles, which we've already seen to some degree, but gasoline costs won't curtail travel.
Geoff Sundstrom
We believe that people have been putting off vacations due to concerns about terrorism, the war and the economy. Now the war, at least, is largely behind us ... With that in mind, we think the demand for gasoline should be reasonably high.
Geoff Sundstrom
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Based on Topics: Business & Commerce QuotesBased on Keywords: ethanol-blended, re-establishing
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