Guy Caruso
Guy Caruso
compared expect last price winter
Clearly, we expect significant price expenditures (for heating fuels) this winter compared to last winter,
best initiative
Conservation is the best short-term initiative we can take.
ethanol exists expected increased price regional remain supplies supply tight
Ethanol supplies are expected to remain tight and increased possibility exists for regional short-term supply disruptions and price volatility.
continuing despite growth high oil robust
There's a very robust growth in the economy. We see that continuing despite high oil prices.
afford cannot clearly further gasoline impact production risk
There's a risk that we could have a substantial impact on further refineries. We clearly cannot afford any further disruptions in gasoline production and capacity.
largest midwest region suffer
Probably, the Midwest region will suffer the largest increases.
demand fast prices relief rising supply valve
Demand is up, supply is not rising fast enough to keep prices down, so the only relief valve is price.
country factor global increased main
The main factor is increased demand, not only in this country but on a global basis.
afford crude large lose market supply tightly
The market is so tightly balanced, clearly, we can't afford to lose a large supply of crude to the market.