Bill Greehey
Bill Greehey
gallon gasoline hits prices short
If it hits the refineries, and we're short refining capacity, you're going to see gasoline prices well over $3 a gallon at the pump,
add capacity economics figure speed
If we want to add capacity in a hurry, they need to figure out how to speed up the permitting (for expansions), ... The economics for a new refinery don't work.
allowed buy deep
It allowed us to buy all these refineries at deep discounts and make all this money.
behind believe both continue demand fall good impact prices product pump refined soon
we believe that the impact of these hurricanes on pump prices will soon be behind us. As more refineries come back online, pump prices should continue to fall and that is good for both refined product demand and the economy.
event excited experience grow help lower margins presence retail
We're excited to substantially grow our retail presence because retail margins are counter-cyclical to refining margins, so in the event we experience lower refining margins, retail margins will help stabilize our earnings,
given short
There is going to be consideration given to delaying a lot of things, ... If we're short fuel, they could delay.