Mark Routt Quotes

Gasoline stocks are rising because it needs to happen. Refiners know that they have to store supply for when they aren't operating and turnarounds are right around the corner.

- Mark Routt

Tags

Gasoline | Stocks | Rising | Happen | Refiners |

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My rule of thumb is that the national average pump price will typically be 65 cents higher than the NYMEX price... Most of that will get passed to consumers within three weeks. - Mark Routt

Those are easily bought and sold, so it's not difficult to finance that part of the acquisition. - Mark Routt

In the second quarter of the year, demand is at its lowest. If they continued pumping when demand eases they could be accused of crushing the market. - Mark Routt