Deborah White
Deborah White
barrel dollars per prepared seem
At 70 dollars per barrel governments seem prepared to act.
absolute changes concern extremely high seems united united-states
Maintenance seems to be extremely high and there are spec changes in the United States. It's not that there are absolute shortages of products, but there is a concern about how much there is going to be.
believe capital coming mutual pension related seems turned week
It's turned around, and it seems to be related to the injection of capital that we believe is coming from pension and mutual funds. All week it has been like this, a cross-commodities rally.
average clearly gasoline gone heading low market seem stocks toward worried
We've gone from comfortable U.S. gasoline stocks to average and seem to be heading very clearly toward the low of the range. The market is worried about that.
anywhere diplomatic iranian seem situation
The Iranian situation is making us all very nervous... We don't seem to be getting anywhere on the diplomatic solutions.
close edge marathon problem reminder running
Each problem is just a reminder as to how close to the edge we are running. The refiners have been running a marathon for two years, they are exhausted.
amount demand massive position quarter tricky
That's a massive amount of demand destruction. We could be in a very tricky position by the first quarter if the EIA is not right.
east headline jerk knee middle powder reaction sort
The knee jerk reaction to this sort of headline is to think of the Middle East as a powder keg.
above below days drift expecting holds level strength weather
There is a lot of strength at $60. We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
above below days drift expecting holds level strength weather
There is a lot of strength at $60, ... We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
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.
pollution prevent
While they want to prevent pollution but they also want to prevent chaos.
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.