“The wholesale cost of gas on average was up nearly 42 cents per gallon. In some areas as high as 60 to 70 cents cost increases have happened. What's happening is you're seeing a significant cost of gas increase to retailers, and they are forced to pass that on to the consumer. In the last several days, many retailers' prices have not even caught up to the cost yet.”
Bill Walljasper
“Prices remain on the rise but there is hope that we may be nearing a peak. Wholesale gas prices have averaged about $2.60 per gallon for the past week. Taxes add about 60 cents to that, transportation and dealer profit is another 5-10 cents. Prices in the L.A./Long Beach area could peak at $3.25-$3.30 by mid-May then they could decline after Memorial Day.”
Carol Thorp
“Right now, we're in extraordinary times. We've seen an almost 40 per cent rise in wholesale prices in the last week.”
David Hillier
“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
“We are able to lower the gas cost significantly because wholesale prices have been coming down.”
Alicia Dixon
“Wholesale prices for natural gas have been declining ever since December, so we're glad to pass those savings on to our customers.”
Angie Townsend
“It's not nearly as wholesale as it may look from the get-go. I like this line. We have a little versatility and a little more depth than we had.”
Bryan Stinespring
