Quotes by Geoff Sundstrom

“We think American drivers should brace themselves for a fairly large increase, as soon as this weekend. It could be an increase of around five cents a gallon nationwide.”

“The price of crude oil is a big reason pump prices are in record high territory.”

“This in many ways is the worst-case scenario that the oil industry has been fearing.”

“This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution and refining has slowed to a crawl through the whole area.”

“This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution, and refining has slowed to a crawl through the whole area and that will mean higher gasoline prices throughout the entire United States.”

“At this point, anything they can do to limit their discretionary driving and conserve fuel would be helpful.”

“There are isolated, scattered situations of stations running out (of gasoline) and lines forming, but its nothing I would characterize as a region-wide or metropolitan-wide,”

“Weve been hearing for several years now that the industry is operating on a razors edge due to a small amount of refining capacity we have in the United States in relation to demand.”

“With each passing day, based on what were hearing about the industry being restarted, this current environment will ease,”

“Basically what is happening is the industry is trying to stop a run on wholesale gasoline by gas stations, ... The gas station owners dont want to under price the market and possibly run out of gasoline.”