The claims that anticompetitive behavior has contributed to recent gasoline price increases, nationally and in the Midwest, are without any factual basis.
More Quotes from Red Cavaney:
What we are trying to say is, tell us what you want, not how to make it happen, ... and at the end of the day we will have additional capacity.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,
Red Cavaney
... need pay little attention to the oil and gas sector because we're highly profitable, can fend for ourselves, and have managed to reliably supply consumers for a long time.
Red Cavaney
We call on the FTC to make clear its findings as soon as possible.
Red Cavaney
We can no longer be fortress America. I think we, like other industries, have been slow in understanding the need to communicate what we're doing to the public and opinion makers.
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.
Red Cavaney
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