The IEA report is very neutral. It is playing up the demand slowdown in China and 8 out of 9 OECD countries and down-playing the gasoline situation.
More Quotes from Deborah White:
Crude is not the problem. The heart of the problem is how much refining capacity we have lost,Deborah White
Refiners are exhausted, like runners in midmarathon. They've been pushing very hard since last year. As a practical matter, these things have limits. If you push too hard, capacity drops.
Deborah White
There is a lot of strength at 60, ... We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
Deborah White
Most of us had known days ago that the U.S. would loan oil but some people interpreted the headline as a release of oil, possibly of products. Then the market realized and started buying it back.
Deborah White
It is pretty clear that we can break 70 without too much problem.
Deborah White
The knee jerk reaction to this sort of headline is to think of the Middle East as a powder keg.
Deborah White
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Based on Keywords: iea, oecdHollywood is fickle; your career can end pretty fast. If the acting jobs dry up, you have to have something to fall back on. In fact, that would be my advice to kids interested in acting - make sure you get an education too.
Matthew Lawrence
Well over fifty years ago I was making radio loudspeakers and radio sets in Rochester, New York; pretty young and inexperienced; but we survived the depression.
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Their houses are all built in the shape of tents, with very high chimneys.
Christopher Columbus