Thomas Bentz
Thomas Bentz
half picture year
It's all part of the whole picture that's been going on for over a year and a half already.
afford days four fully seem supply three
Even if you restart on Sunday, it's going to be two, three or four days before they are fully operational. Can we afford to have that much supply out of the market? It doesn't seem that we can.
coming previous seems slowing top week wild
It's been a wild week on top of the previous wild week, coming after a wild year. And it seems like there's no slowing this thing down.
bull concern impossible iranian loss lost market oil potential powerful problem replace security send whether
It's a very powerful bull market right now. The real concern is whether OPEC can make up for any interruptions in supplies. The problem is that we've lost our security cushion. A potential loss in Iranian oil would be impossible to replace and could send oil to $100.
cause cycle event high hurt prices stop
The only event that is going to stop this cycle is something that will cause a downturn in demand, with prices so high that they will hurt the economy.
anytime market takes
Anytime we have refinery issues, the market just takes off again. We're back in the uptrend.
attitude damage depend effect impact people point taking
The impact is all going to depend on how much damage there is. At this point, we don't know what the effect is going to be. I don't see it going negative, but at this point people are taking a wait-and-see attitude.
crude demand gasoline market produce strong turn
All of the crude in the world does not turn the crude into product. It still has to be refined. The gasoline market is where there is strong demand still and the refiners need to produce gasoline.
bullish dollars feeding looks market seventy target
The market is so bullish that it's in accelerator mode. It's feeding on itself. Seventy dollars looks like an achievable target without too much difficulties.
bullish feeding looks market target
The market is so bullish that it's in accelerator mode. It's feeding on itself; $70 looks like an achievable target without too much difficulty.