We are an industry already doing a lot. ... We're already investing vast amounts.
More Quotes from John Felmy:
We make 8-9 cents on the dollar, less than banks or pharmaceutical companies. It's a fair return for the risks we take.John Felmy
The reasons for high gasoline prices are very clear the high cost of crude and the high cost of manufacturing gasoline. The idea that this is some sort of conspiracy is very unfortunate.
John Felmy
This is the biggest body blow to the petroleum supply system in history. What we're talking about is market competition in a situation where in the United States, we've lost at least 11 percent of our refining.
John Felmy
It's a stain on the industry that's unfair. It's just disappointing.
John Felmy
In less than a week, gasoline prices have jumped by as much as 60 cents a gallon, with stations selling premium grades at an average 3 a gallon, according to AAA. On average, gasoline is 50 percent more expensive than it was last year. We're in uncharted territory, ... We haven't experienced something like this since the 1980's.
John Felmy
High oil prices are certainly a drag on the economy, ... Oil is taking money out of the pockets of consumers that could be spent elsewhere, increasing the cost of doing business and the amount of foreign exchange dollars that need be funneled overseas.
John Felmy
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We've already recognized that it is absolutely essential for British children to learn other languages and we will be working hard to put further strategies in place to ensure this.
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