Rakesh Shankar Quotes

There is a real risk that U.S. refineries will be unable to sufficiently bring back capacity in time for the summer driving season. This will force increased reliance on gasoline imports, and higher prices for consumers.

- Rakesh Shankar

Tags

Real | Risk | Refineries | Unable | Sufficiently |

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At this pace, all the pieces are in place for both total crude and gasoline prices to ease before the peak summer driving season sets in, as we expect. - Rakesh Shankar

There's definitely some evidence of consumers adjusting. - Rakesh Shankar

The draw down in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns. - Rakesh Shankar