Mark Routt Quotes

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

Tags

Refineries | Start | Making | Product | Transport |

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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

We're climbing from here. I think in some places we could see almost $3.50. - 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