Tom Bentz
Tom Bentz
course hit ivan last list production saw similar
There is a long list of production and refineries out because of the hurricane. The course is similar to what we saw with Ivan last year, which hit production for a long time.
gas good headed last sustain three types
There's been a lot of gas headed this way. Can we sustain these types of import numbers? Probably unlikely, but we've had a pretty good surge in the last three weeks.
adequate concerns good iranian last market seem sold week
The market has sold off pretty good in the last week - Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.
continue last likely market seems stay strong
The market has been strong over the last two days, it seems likely to continue to stay strong on petrol.
few iranian last market situation supported
The Iranian situation is one that has supported the market for the last few weeks.
certainly people stand storms watching
We certainly can't stand another storm, ... That's why people are watching the storms out there now.
bounce downside late next saw trade week
We saw some late short-covering today. Once everyone realizes the downside is done, we'll bounce back next week and trade back around $11.
above became clear finds hard market mass selling trend upside
The short-term trend is down. The market finds it hard to muster any upside momentum. When it became clear we weren't going to get above $60 the mass selling started again.
cash coast full gasoline gulf keeping markets products season swing
Products were strong, with the refinery maintenance season in full swing keeping the Gulf Coast gasoline cash markets very strong.
basically goes
Could it go back to the record? Basically it goes without saying.
heads knocked nervous storm
If this storm heads into the Houston/Galveston area, there are a lot of refineries that could be knocked out. It's still a very nervous market.
demand hanging past prices rise signs tremendous weaker
Signs of weaker demand are hanging over the market. There has been a tremendous rise in prices over the past year, which had to have an effect.
certainly crisis hate potential supply word
I hate to use the word crisis, but there is certainly potential for real supply tightness,
decline imports katrina offshore percent production shock
We got a bigger-than-expected decline because offshore production is still down by more than 50 percent and imports were down. The shock of Katrina is still being felt.