Mark Waggoner
Mark Waggoner
completed expect hit month next supplies taking until
In the next month to month-and-a-half, we're going to hit $70 a barrel, and I would expect $75 to $85 by the summer. We're just going to be taking the supplies down until refinery maintenance is completed around the end of the month.
almost cross expect hurricane imports next season
Imports are up as well as refinery runs. The hurricane season is, cross your fingers, almost over. I expect $56.00 by the end of next week.
coming fast imports production takes
Imports are coming in pretty much as fast as they can. Even if it takes a while to get production back, it's really not an issue.
iran threat ways
Iran is the real threat because there's just so many ways it could play out. This is the one that could actually get us to $100.
crude good lower oil supplies
Oil supplies are in pretty good shape. Crude oil should be a lot lower than it is. Supplies are building.
great moving weight works
It works great with the sleek look of the stadium. But you have some pretty significant weight moving on a hill.
demand doubt economy people recovering saying
The U.S. economy is recovering and doing well. There's no doubt about that. And people are saying the demand is going to be up soon.
cold far fill people talking tanks winter
People are talking about a cold winter but so far we haven't had the below-normal temperatures and people do not want to fill up their tanks at these prices.
headed lingering orleans problems
There's going to be these lingering problems. There's still too much uncertainty in the New Orleans area. I think we are headed back to $70.
build depends easily oil pull
Oil could easily pull back to $64 from here. It just depends how big the build is.
demand pick starting
Demand is starting to pick up again, but it's not up that much.
buying fund market overdone pendulum swing time
The market is overdone with fund buying and it's time for the pendulum to swing the other way.
below closing market multiple sell somebody
The market is consolidating a little bit, but after closing just below $60 multiple times somebody will come in and sell it hard. I think we're going down to about $55-$56 in the long term.
bigger builds guys lower output prices
These guys are just ramping up output so fast. We're going to get bigger builds and prices are going lower from here.