Mark Waggoner
Mark Waggoner
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.
bunker busting drag fact months people scared talking time
The fact that people were actually talking about nuclear- bunker busting for the first time is what scared people. This is going to drag on for months and months and months.
east hurricane katrina midst storm tropical
We are still in the midst of the hurricane season. A tropical storm looms off Florida's east coast. No one thought Katrina would do what it did when it was off the coast.
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.
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.
lower months move
We're going to move lower from here. It's not going to take months and months to get all these refineries back.
cut interfere oil saying
What they're saying is, not only will we cut off our oil but we're going to interfere with other people's oil as well.
across builds oil
We're going to have builds across the board. We have more oil than we know what to do with.
cold higher northeast staying stocks supposedly
We shouldn't really be going higher from where we are now. Because it's very cold in the Northeast distillate stocks supposedly should be drained. They're not. They're staying stable.
nigeria risk situation supply traders worried
Traders are worried that if this situation deteriorates, supply from Nigeria would be at risk.
market pulling record
We are pulling back (from record highs), but this market will go back up.
build depends easily oil pull
Oil could easily pull back to $64 from here. It just depends how big the build is.