We should have an overall higher level of distillate product -- This should give the industry a breather.
More Quotes from Adam Sieminski:
Iran and Nigeria have got people extremely nervous.Adam Sieminski
There is still a great deal of damage that will keep natural gas and refined products tight for the next few months. The next move will be back up.
Adam Sieminski
Crude oil isn't the problem right now but may be in a few weeks. The helicopters that are needed to get repair crews on the platforms are busy saving people from rooftops.
Adam Sieminski
This is going to translate into 3 gasoline for everyone and prices may go higher. The chances of another storm hitting the region are pretty high and we just aren't prepared for it. Refineries are already having great difficulty getting back up and running.
Adam Sieminski
One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run.
Adam Sieminski
Let's get the high-consuming cars off the road, start paying for them and recycle them -- put them in a crusher.
Adam Sieminski
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Based on Topics: Business & Commerce QuotesBased on Keywords: breather, distillate
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