Quotations
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Red Cavaney Quotes
«It is too soon to estimate the extent of fuel supply disruptions, if any. However, even if we are fortunate enough to escape with minimal damage, the shutdowns in preparation for Rita will have some effect,»
Author: Red Cavaney
«My message today is that shutdowns of industry facilities could impact the flow of gasoline and other fuels,»
Author: Red Cavaney
«In fact, there are news reports today that the Congressional Research Service has attributed the gasoline price situation in the Midwest to supply disruption problems and the use of reformulated gasoline with ethanol,»
Author: Red Cavaney
«[The American Petroleum Institute] and its members condemn price gouging,»
Author: Red Cavaney
«(The reserve's) basic intent was to provide crude oil at critical times to the users that had the need. If it isn't fully subscribed, then (the refinery) who had an urgent need was taken care of,»
Author: Red Cavaney
«(The reserve's) basic intent was to provide crude oil at critical times to the users that had the need. If it isn't fully subscribed, then (the refinery) who had an urgent need was taken care of.»
Author: Red Cavaney
«[The American Petroleum Institute] and its members condemn price gouging.»
Author: Red Cavaney
«The claims that anticompetitive behavior has contributed to recent gasoline price increases, nationally and in the Midwest, are without any factual basis.»
Author: Red Cavaney
«Anytime you have steady and predictable demand, which we have with worldwide crude oil demand, and you have relatively small surpluses of production capacity, anything out of the ordinary touches a speculator's heart and can therefore become a premium. Until you have a reasonable surplus capacity, you're going to have problems.»
Author: Red Cavaney
«Yes, someday oil will be replaced, but clearly not until alternatives are found and tested - alternatives that are proven more reliable, more versatile, and more cost-competitive than oil.»
Author: Red Cavaney