Sheraz Mian
Sheraz Mian
bit compared gas main prices pulled quarter reaction street third time
The Main Street reaction may be a little bit muted this time compared to the third quarter because gas prices have pulled back.
damage determine extent facilities few fine gulf natural next production respect unfold
Currently, we are fine with respect to distillates and natural gas. But the extent of damage to production facilities in the Gulf and to refineries will determine how things unfold over the next few months.
cause global high hurricane low prices pulling rest season stay supplies warm
I think if the rest of the hurricane season doesn't cause disruptions, and global supplies stay as they are, we should see prices pulling back into in the low to mid-$50's, without a recession. We could be in the high $40's if it's a warm winter.
faced makers perhaps planners policy possible situation worst
We are faced with perhaps the worst possible situation that planners and policy makers could image.