Mark Routt Quotes

Refiners have been producing gasoline flat out since the storms. Gasoline was needed, money was to be made and there was political pressure. The last thing they wanted was to be hauled into a congressional hearing and hear about a windfall profits tax.

- Mark Routt

Tags

Refiners | Producing | Gasoline | Flat | Storms |

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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

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

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