Antoine Halff
Antoine Halff
ahead allowed april coast depleted desired driving east ended gasoline high imports levels likely peak reach rebuilding start stocks summer time total week
While surging high imports likely allowed total U.S. gasoline stockpiles to start rebuilding in the week ended April 28, it may take time for depleted East Coast stocks to reach desired levels ahead of the peak summer driving months.
alternate changes days demand driving effect gasoline immediate increases late policy speed
It's late in the game. The only policy changes that would have an immediate effect would be demand restraints, such as increases in gasoline taxes, alternate driving days or enforcement of speed limits.
address concerns including iran meeting political production risk sure tremendous trouble
There is tremendous political risk to supplies, including from OPEC producers, such as Iran or Venezuela, who have trouble meeting their production quotas, or even Nigeria. They can't address these concerns openly, but I am sure they are on everybody's mind.
attempt boldest buildings confined far heart housing office strike
It's new in the sense that this is the boldest attempt to strike at the heart of a Saudi oil-production complex. So far they had been confined to office buildings and housing units.
energy impact katrina likely production quite
It's quite likely that the impact of Katrina on energy production will end up dwarfing that of Ivan.
bad concerns economic increase laundry list market regarding strong variety
There's a combination of strong economic statistics, an increase in geopolitical concerns regarding a variety of oil-producing countries, and bad refining news, and the market has been very spooked. It's a long laundry list of problems.
carried however line measure populist practice regime seems somewhat tone
The measure is in line with the populist tone of the new regime in Bolivia; however how it is carried out in practice still seems somewhat unclear.
awakening market scope
The market is awakening to the scope of the risks.
add oil price produced push
If it actually produced as much as it could, obviously, it would add tremendously to oil supplies, and it would push the price down.