People were worried post-Katrina as we have real tight product supply,
More Quotes from Jamal Qureshi:
OPEC is going to have to go back to some supply management again if they are going to hold a (price) floor. It should be easy for them to manage, it's not like they have to cut a lot they will still be at high output levels.Jamal Qureshi
Refiners are already going to be feeling a bit of a pinch in their ability to provide supply, and importers as well.
Jamal Qureshi
This is significantly slower than the recovery from (Hurricane) Ivan, ... The easy stuff has been brought back. ... Now the tough stuff is ahead of us.
Jamal Qureshi
We had a huge US crude build and OPEC said they're going to just keep pumping at high levels, so between the two of those it's pretty easy to understand the sell-off.
Jamal Qureshi
You don't know the legal framework that you are working under. You won't have that until you have a stable government.
Jamal Qureshi
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