Mark Routt Quotes

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

Tags

Quarter | Year | Demand | Lowest | Continued |

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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

We are on the cusp of change... Looking back over the last year, Americans have had a taste of higher oil prices that have only gone up, and now they are starting to dial in lifestyle changes. - Mark Routt

Once the refineries start making the product you have to transport it. We have to watch the pipelines to the Midwest and the Northeast. The Northeast is less of an issue because we can get cargoes from Europe. Florida has a big problem because 60 to 70 percent of their gasoline is barged across the Gulf. - Mark Routt