Geoff Sundstrom Quotes

With each passing day, based on what we're hearing about the industry being restarted, this current environment will ease.

- Geoff Sundstrom

Tags

Passing | Based | Hearing | Industry | Restarted |

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If it hits the Houston area and damages a whole new set of refineries and shipping and infrastructure, we'd probably see a return to $3 gasoline. We were looking forward to gasoline going back to $2.50, $2.60 a gallon, but this new storm will put a stop to that. - Geoff Sundstrom

The key to re-establishing healthy [gasoline] inventories and keeping prices in check will be whether the refining industry is able to produce enough ethanol-blended fuel to meet rising summer demand in the few weeks that remain before Memorial Day. - Geoff Sundstrom

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. - Geoff Sundstrom