“The inventory levels for crude in the U.S. are quite high, but everybody is concerned about gasoline ahead of the driving season. It looks like prices should go down but then you have the geopolitical issues coming up.”
Anette Einarsen
“Continued declines in gasoline prices, an upbeat stock market and high levels of employment all contributed to gains in consumer confidence this month.”
Chris McCarty
“At its current level, the price of gasoline is not high enough to affect regional trends.”
Ryan Singer
“The strong build in gasoline coupled by the fact that every major product has inventories above the high end of their average range for this time of year will add to the recent bearish sentiment.”
James Williams
“Gasoline inventories in the U.S. continue to be an issue in the market because last week's inventory report showed a stock decline as we approach the summer driving season.”
Victor Shum
“Clearly, high gasoline prices took quite a toll on the typical consumer.”
David Huether
“Gasoline prices have begun their seasonal move higher. Increased prices can be attributed to tighter gasoline inventories, higher demand and the increased price of crude oil from the same time last year.”
Kris Lathan
