Guy Caruso
Guy Caruso
meet
We think that terminals already under construction will be enough to meet our projections.
disrupted environment living oil supply
There's very little upstream capacity. We're still living in a disrupted world oil supply environment.
crude demand extremely happening market oil partly pressures prices reading supply tight
What's happening is fundamentally that the world oil market is extremely tight and crude prices are rising, partly because demand is outstripping supply and partly because of the geopolitical pressures that we're reading about every day in the papers.
expect next remain several supply
We expect (the supply situation) to remain that way for the next several weeks.
expect next several
We expect them (gas prices) to keep going up ... for at least the next several weeks.
coming ease expect gasoline prices
We expect gasoline prices to ease off in coming weeks.
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.
best initiative
Conservation is the best short-term initiative we can take.
capacity couple months next productive until
We think productive capacity will be there in the next couple of months until 2007.
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.
apparently curb high price travel
Apparently the price isn't high enough to curb non-discretionary travel.
largest midwest region suffer
Probably, the Midwest region will suffer the largest increases.
arabia concerns specific
I don't have any specific concerns about Saudi Arabia at this time.
definition price
The definition of price gouging is very nebulous,