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.
More Quotes from Mark Routt:
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
Once the refineries start making the product you have to transport it. We have to watch the pipelines to the Midwest and the Northeast. The Northeast is less of an issue because we can get cargoes from Europe. Florida has a big problem because 60 to 70 percent of their gasoline is barged across the Gulf.
Mark Routt
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
Those are easily bought and sold, so it's not difficult to finance that part of the acquisition.
Mark Routt
Refiners have been producing gasoline flat out since the storms. Gasoline was needed, money was to be made and there was political pressure. The last thing they wanted was to be hauled into a congressional hearing and hear about a windfall profits tax.
Mark Routt
Readers Who Like This Quotation Also Like:
Based on Topics: Countries Quotes, Fire Quotes, Night Quotes, Opportunity QuotesHuman misery must somewhere have a stop; there is no wind that always blows a storm.
Euripides
Things are not difficult to make; what is difficult is putting ourselves in the state of mind to make them.
Constantin Brancusi
The President has a wonderful sense of humor, which is one of the reasons it is so much fun to work for him.
Karen Hughes