"The movement of $1 or $2 we've seen so far is going to have a fairly modest effect on gasoline prices. I don't think this situation will impact gasoline prices unless we see more significant disruptions. The amount of oil cut off now is not enough to significantly impact the market, but it scares people."
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"Some of the country's power plants and industrial users have the ability to switch fuels, and others are scaling back their usage altogether, ... It's encouraging to see that people have scaled back on their usage. That means we should be in pretty good shape going into the winter."
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"It could really have a major impact if we have a couple of storms go through there and shut in production, ... A few days of shut-in production isn't going to mean much. But if we have another Ivan, which knocked off some production for months last year, it could be significant."
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