“The price of gasoline at the wholesale level declined sharply last week and there continues to be downward pressure on gas in Texas. Motorists may be in for a few weeks of slightly lower prices. But toward the end of the month, it's likely that pump prices will resume an upward arc.”
Rose Rougeau
“After several weeks of declines, California wholesale gasoline prices turned up sharply this week, and that could soon translate into increases at the pump. The higher prices are fueled by scheduled January refinery maintenance and the annual switch from winter to summer gas blends, which takes place in February.”
Paul Gonzales
“Wholesale prices of gasoline have come down and that should slow retail price increases in the next week. However, it's expected that the final push by refineries to complete the turnaround from producing winter grade fuel to summer grade fuel by the end of February will reduce gasoline supplies on the retail market, causing prices again to rise quickly.”
Carol Thorp
“Next week, when things have calmed down again, we'll see prices fall due to falling wholesale prices,”
Ray Holloway
“The main negative is pressure on margins due to increased wholesale traffic and call prices coming down.”
James Ross
“They have to pull gas. And if there's no usage for it, that just puts more pressure on wholesale prices, which in turn puts more pressure on futures.”
Carl Neill
“There are a lot of cross-currents going this week. Bond prices have been falling sharply, but it hasn't seemed to help stocks. Then you've got all the earnings pretty much coming in in-line but not providing many surprises.”
Robert Philips
