Deborah White
Deborah White
facilities moment offshore oil patch production takes track
The storm's track at the moment takes it through a different patch of the offshore oil production facilities to Katrina,
copper notice oil rallying time
We notice oil has been rallying at the same time as copper and gold. That we think has to do with the funds.
buying days headline known loan market oil people possibly realized release
Most of us had known days ago that the U.S. would loan oil but some people interpreted the headline as a release of oil, possibly of products. Then the market realized and started buying it back.
alone china demand exploding fire floor last lit market notices oil prices remembers sufficient
When the oil market notices that China is back, and remembers the fire that China's exploding oil demand lit under prices last year, the 'China factor' alone should be sufficient to floor near-term prices.
arabia crude economic oil prices reason strong
Other than the weather, and hurricanes, and refineries going down, and Saudi Arabia and Iran, and strong economic statistics, there really is no reason why crude oil prices should be so high. It must be speculation, don't you think?
china factor oil seeing stress
If we are seeing China back to growth, that is another stress factor back in the oil market.
barrel less market oil reacting today
The market is reacting today as if oil at less than $74 a barrel is a bargain.
fair peers
It would be fair to say we are a little disappointed that some of our peers haven't participated,
consumers fix gasoline pay prepared price states time united worry
The United States doesn't have to worry about gasoline lines. But consumers need to worry about the price they pay this week. They should be prepared for a short-term shock. Only time can fix that.
crude despite flooding supply
Crude is still flooding in despite supply disruptions.
capacity crude heart problem
Crude is not the problem. The heart of the problem is how much refining capacity we have lost.
dare people price
People dare not price in the surpluses they see.
far hit houston less looked looks port though
Before, it looked as though it was going to hit Houston and Port Arthur. Now, it looks like it's going to hit Corpus Christi, which is less important as far as refining is concerned, and it's also more on the periphery of the platforms.
comments event sort though war
Even though most of the comments say it's an accident, this is the sort of event you see more during war time.