John Felmy Quotes

Those that can run it were running it and making a pretty good buck off it.

- John Felmy

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Running | Making | Pretty | Good | Buck |

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[Broadly speaking, the United States should have plenty of gasoline inventories to meet demand. At the end of last week, the country had about 194 million barrels of gasoline, and on an average day, Americans consume about 9.3 million barrels.] The key thing that I can't answer is will consumers act appropriately... If they decide to rush the system, it can't handle it even in the best of times. - John Felmy

We're still calling on consumers to be prudent in their use of gasoline. It's just a complicated jigsaw puzzle we're putting back together. - John Felmy

When you start intervening in a market, it starts you down a slippery slope of price controls, marketing manipulation and -- ultimately -- the bad energy policy that we suffered through in the 1970s. - John Felmy