Famous Quotes & Sayings

There's less crude being run now through refineries than there is loss in production in the Gulf. We're estimating refinery runs are down about 2 million barrels a day while crude out of the Gulf is down a million and a half.

We expected prices to come down to around $60 a barrel and that exactly where they are. There is still the minor risk that the hurricane could change course, but this is very minor.

I just go up there and whale away after it and hope it hits the barrel of the bat. I don't think there's any plan. The biggest key is having guys on base. When you do that, he has to throw it for a strike. If he does, he might leave it up, it will tumble more and you can get good swings at it.

I played basketball. I barrel raced. We used to break horses.

In that sense, it has been rewarding in a sick way. We're leaner and meaner with oil at $55 a barrel coming off the peak than we were going up to $55 the first time.

Iran and Nigeria have got people extremely nervous. There's a concern that around two and a half million barrels per day of Iranian exports could be removed.

If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal.

Ann Landers

If you want to catch a trout, don't fish in a herring barrel

I supported local projects in the $286 billion transportation bill, even though it was filled with pork (pork barrel projects),

If you can tell me where the next move in oil prices is going to be -- up to $60 a barrel or down to $20 -- I can tell you what the economy is going to do.

If you have $75 a barrel crude oil, you're sort of at a starting point of $2.90 a gallon for gasoline.

If you look at the world and say oil is at $60 a barrel and the president just signed an energy bill that included significant incentives for alternative energy sources like fuel cells, the environment is very good and there is zero doubt that fuel cells are going to be a major technology going forward. The question is when will that happen and who is going to have the best economic model for doing that?

If you lock in hedges here at $60 a barrel and prices go much lower, you are obviously doubling your pain.

Gary Miller

In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer.

In the wet-barrel market - the real barrels that are stored and traded - there is no shortage of oil. But the paper barrels - the futures market - react like a lightning rod in a volatile market. That's their role.

I didn't tell them anything at half-time because those players have stared down the barrel of a gun before.

Clint Hurdle

He's swinging the bat very well. He's got some barrel down there to drive in some runs. There are some things we've talked to him about we want him to focus on and take into the season, but I'm just looking forward to watching him play in that role and getting more opportunities to help us be productive offensively as well as defensively.

If oil prices were to stay at $35 a barrel throughout 2001 or if they were to escalate to $40 a barrel or over, then the impact on inflation and world growth would be more significant,

Instead, we get up to 50 million barrels of oil.

Bill Richardson

In our meetings with oil producing countries, we simply and forcefully made our case that increased production is in the interest in both producing and consuming nations, ... We made the point that the world is consuming 75 million barrels per day, and it is producing 73.

In normal downturns, you lose some big players. This industry was not built for $62 a barrel oil.

Nomar Garciaparra

I just threw the barrel at it, tried to drive it. Fortunately for me I got lucky and it went out for me.

By June we should be looking at modestly another half a million barrels of capacity a day.

The flow of money into commodities is comparable with the flow of money into mutual funds in the 1980s and 1990s. It's like steroids, pumping up prices and leading people to talk about super-spikes to $100 a barrel or more.

The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.

The initial question is where is the 2 million barrels going to come from.

The underlying drivers of this market - resources, energy - are continuing to run very strongly at record highs in copper, nickel, zinc, aluminum, gold ... oil prices are back to 68 bucks a barrel despite this wonderful, balmy weather we're having.

As a unit we have to try and find ways to make things come together. We try to have fundraisers and whatever money we raise, we save because every penny counts. We seem to always be scrapping the bottom of the barrel but the bottom line is that we want to make sure that we represent the country well, competing internationally.

Productivity did set the tone, and now oil's moved back up slightly, but it doesn't seem to be spiking. As a group, consumers and traders, we're getting used to the idea of $60 a barrel oil.

Production in the Gulf has yet to recover and the trouble in Nigeria shows no signs of easing. We are missing about 1 million barrels of output.

Our decision is in place, up until now we will still increase by 500,000 barrels a day from August. This decision is still valid.

The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks.

The oil prices will break through 80 U.S. dollars per barrel recently.