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Letter "C" » Carol Thorp Quotes
«Refiners are selling off all supplies of winter grade fuel in advance of next Tuesday's deadline. That has put extra supply on the market, sending prices lower. Motorists can expect to see prices stay near current levels for a couple of weeks. After that, with the extra winter grade supply used up, motorists should expect more upward pressure on retail gas prices.»
«Gas prices in most areas began heading back up on Monday after dropping for about three weeks. Traditionally, Southern California has experienced gas price spikes during the spring, and oil industry analysts believe this could be the beginning of another one.»
«In the last couple of days, prices have been going up by 2 or 3 cents in a 24-hour period. This is likely the same type of rapid price increase that has happened in Southern California every spring of this decade.»
«Since then we have seen a gradual increase until prices are now equal to a month ago. We expect prices to continue higher during the spring, but the rate of increase depends on the amount of speculation that occurs.»
«Since then we have seen a gradual increase until prices are now equal to a month ago.»
«Prices went up throughout Southern California this past week, but not at as rapid a pace as we've seen during other gas price spikes. It's likely that increases will continue for at least the next few weeks.»
«It's likely that increases will continue for at least the next few weeks.»
«We're in the time of year when steep price increases are common, but this year prices are being boosted by speculation about whether there will be sufficient gasoline supplies for later in the year. It may be several weeks before a clear picture develops on the nation's gasoline production, but in the meantime, prices could climb to near $3 per gallon.»
«Californians use 2 million gallons more of fuel every day than we produce in the state. Oil companies have to buy gas from other sources just to keep even with demand. If every motorist were to save two gallons every week, that would put our demand more in line with our state production.»
«Nationally, production is down and demand is up compared to last year. In addition, many regions of the country are having trouble getting sufficient supplies of ethanol, which is used in new formulas for gas. Uncertainty about supply has lifted gasoline to near-record prices on the spot market and that filters down to the neighborhood gas pump.»