Famous Quotes & Sayings

I think two factors to look at in considering the rise are crude oil prices and gas demand.

It is now time for the government to take stock of the havoc that is being wreaked by crude cuts to key public services and to seriously think again,

It is in Denver's interest to have a functioning refinery. It is good for the local economy and good for the crude market here.

Later reports suggested they (Saudi forces) foiled the (attack) attempt, but you still have crude oil up over $2 a barrel.

Physical pricing knowledge in crude and refined products represents the keys to the castle.

Record crude prices usually mean record trade gaps. Nobody sees relief on the energy front any time soon.

The refinery outages should lead to weak demand for crude oil from the refining sector. It's not crude oil that is in short supply, but gasoline and distillates.

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.

It doesn't matter how much crude you pump in, you won't have a meaningful effect on prices if you can't get refined product out,

When crude is at new highs like this, that makes people nervous and gives them a reason to sell.

We are going to have bearish statistics on crude oil when the report is released today. Oil probably rose too much yesterday.

The LOOP is incredibly important right now. If it is not up soon there will be a spillover for refineries in the Midwest, which could run out of crude quickly. This could lead to gasoline shortages in the weeks ahead.

All of the crude in the world does not turn the crude into product. It still has to be refined. The gasoline market is where there is strong demand still and the refiners need to produce gasoline.

The market is in a consolidation mode after recent gains. The rise in crude prices is also providing investors an excuse to sell.

Developing renewable energy is of greater importance given the price of crude oil on the international market has doubled since last year,

Any resolution to the gasoline problem won't occur in the short term. There's enough crude oil around. The problem is with refining and specifications.

As big as we are, we are only 3 percent of the crude oil production in the world.

A drop in oil prices removes one of the few big negatives in regard to markets. It definitely helps sentiment seeing lower crude prices.

There's still crude out there that can make up for any loss in production.

Prices are where they ought to be in relation to the price of crude oil. There may be some more movement up or down, but we don't expect it to do much more than where it is now over the next month or two.

Crude supply is no longer an issue. We have plenty of it. However, that crude number is being countered to some extent by the large decline in gasoline stocks.

Crude stocks were broadly in-line, but distillate and gasoline were better than expected, but that was not a surprise given the incredibly mild weather recently in the States.

Michael Ward

Crude oil supplies are low and demand has been increasing, ... It's been mainly a supply issue that's making prices higher.

Crude oil prices have been working their way through to the pump, and gasoline demand growth in June -- over June 2004 -- fueled the price hikes,

Crude oil prices are being driven by fear and speculation. The price (of gasoline) is a minimum of a dollar a gallon too high.

Crude oil is the least of our worries. There is ample supply in storage and the government will tap the SPR, because this is what it is there for. They released supply last year when Hurricane Ivan struck the region.

Crude oil is approaching all-time highs here. That should support natural gas. I don't think natural gas is going to go lower with crude oil trading near its all-time highs.

Crude oil inventories increased once more, improving oil availability further. Another important factor is that above-normal temperatures in the U.S. seem to curb heating oil consumption.

Crude oil has had a big part in supporting the natural-gas market.

Crude oil and petroleum product inventories are robust. The numbers suggest that fears that gasoline supplies would fall through the floor as refineries performed maintenance were exaggerated. Some of the funds may be selling as they re-evaluate the value of futures as an investment.

Crude is still flooding in despite supply disruptions.

Crude is down, but it's still much higher than it was last year, the same with natural gas. When investors see their October statements, they're not going to be too thrilled and that's not good for November.