David Low Hackett (November 12, 1926 – April 23, 2011) was an American official. (wikipedia)
What will happen now is that everybody knows what the prices are, they have to figure out what they are really going to do.
The behavior of the consumer could change. Monday could be a high-demand day.
Near-term gasoline prices are likely to go somewhat higher. Are we going to see two bucks again? Not anytime soon.
The idea is that Las Vegas is a destination in the U.S. that people go to see something different, ... We thought this would be something that worked here.
They want to take it to other places because they want other places to see what it is like, ... There is no inclination to adapt their sport to other countries. They just want other people to enjoy their sport.
It's a little early to know how bad it is; I would expect it's bad. There's certainly no good news out there yet.
Right now what is going on is prices are high and they are going higher.
What that says is that even though crude oil prices are at near-record highs, gasoline prices are much higher than the crude oil prices would dictate.
At the end of the day, the best cure for high prices is high prices.
The storm is going to cause gasoline prices in California to go up.
