Dan Gilligan Quotations

He had a sense of duty right from the get-go.

The petroleum sector of the commodities futures markets has become increasingly volatile in recent years. Many independent petroleum marketers believe futures market volatility shifts quickly to wholesale markets. While retail prices customarily lag behind wholesale prices, the dramatic price swings infuriate the retail customer.

Product that goes on the Colonial down in the Gulf takes at least 20 days to get up here to Washington, D.C., with normal transportation times.

Almost all the refiners are now putting marketers on allocation east of the Rocky Mountains. Some terminals in Ohio, Tennessee, Arkansas and South Carolina are completely out of product. It's just a very precarious situation we're in.