Famous Quotes & Sayings

The price of crude oil is a big reason pump prices are in record high territory.

The price of crude is up, and now demand is up.

The price of crude has nothing to do with U.S. mergers.

Short term events like this which are unpredictable can drive a high price floor for crude prices. That is why we are seeing pricing in the high 50s even though the market is well supplied.

Since many refineries deferred their maintenance work after the hurricanes, we expect this year's turnaround season to be particularly heavy. As a result, crude oil consumption by refiners should decrease, which could over the next weeks lead to falling oil prices.

mitigated some of the upward pressure on crude oil prices.

Daniel Yergin

We have high crude prices. We have low inventories. We have strong demand. All of that would be a recipe for a taut market even with refineries (running at full capacity).

Sentiment for gold is improving but the outlook largely depends on the fate of crude oil prices.

We're giving the patient the wrong medicine. The problem is not the lack of crude oil.

If smart technology can transform 3-D from a crude novelty to a genuine visual enhancement, why shouldn't a sophisticated odor synthesizer follow a similar path?

Shoichi Nakagawa

We are not planning to release any government-controlled crude oil stocks at this time,

Peter Greene

When there's a drop in crude prices, you tend to see it put into stocks with high multiples.

The only reason we got a little rally was when crude declined.

traders switched focus from a fall in crude inventories to a general surplus of oil and signs of falling demand.

We probably are OK (with gasoline supplies) to get to Labor Day, but the question is how much is demand going to fall off (after the holiday) and what's crude going to do and how does that impact the gasoline price.

To me, this looks like continuation of crude oil escaping the gravity of reality.

We used quite crude tools earlier, but now they have to be more sensitive. There will be no micromanaging of the economy.

We've now known for 31 years since the first oil embargo that Hawaii's precarious position as the state most dependent and exposed to foreign crude oil is unacceptable.

Unfortunately, a stronger economy may also signal that energy demand will increase, driving up the price of crude oil and gasoline.

There is plenty of crude oil around, which makes geopolitical problems a lot less pressing.

Gary Ross

There is plenty of crude but this will stoke fears of a supply crunch. There is no doubt prices will go higher.

The particular type of oil being lost, light sweet, is much in demand. So we're actually seeing a real impact from the loss of that crude. Having said that, there is actually plenty of crude around. But a lot of it is heavy and sour.

This reduces fears about an Iranian crude supply cut and the market is just reacting to that.

To China, it is so important to secure its crude supply.

This supports our view that crude prices will soften as we move through the summer months.

Why should people hold crude in tank farms if they think the price is going to come down?

We had a big spike early last week with crude at a record and the heat in Texas. It shows that even with this huge supply, people are still feeling pretty vulnerable about things like heat and hurricanes.

The good news is that with the 30 million-barrel sale of SPR oil, I don't think we will have much of a deficit in crude oil production.

We're not at gas prices that pose some kind of a tipping point. There have been botched forecasts of a recession at every $10 move (higher) in crude oil futures.

We have to see hard numbers on economic data showing there is some lift in the manufacturing and services sectors. The other trigger is very much Iraq -- if crude oil comes off significantly that should help the cyclical stocks.

Nobody knows what to expect next. That's why the crude market is apprehensive.

One of the recent themes has been the falling dollar, higher materials and commodities. If that is reversing, you could see a rotation out of materials and commodities. At the same time, oils are getting hit by falling crude prices.

Henry Selick

Any type of animation, it could be really super crude or very sophisticated, it doesn't mean anything if we don't make this point in this shot, this one here and this one here. There's the saying, 'One shot, one thought.' It's pretty much a true way to go.