At the start of the winter, they talked about a colder than expected winter. Now they're talking about a warmer than expected one. We're not out of the woods with the weather yet.
More Quotes from Sam Tilley:
The market has gone too high. We still have high distillate and crude stock levels. Only cold weather can push prices higher. This isn't severe enough to push them beyond 60.Sam Tilley
We're not expecting a cut out of OPEC because of the high prices. OPEC would be sending the wrong signal to the market.
Sam Tilley
With a massive shortfall in gasoline a strong possibility in the next few months and the hurricane season still active, we at least expect product prices to be supported for the time being even though oil and gas facilities are starting up again,
Sam Tilley
Today focus will be on the US inventory data, with gasoline stocks expected to have fallen by 1.9 million barrels in the week to August 5 as refineries struggle to avoid breakdowns and meet demand,
Sam Tilley
This disaster has come at possibly the worst time with US refineries already working flat-out to produce products to meet high demand, putting more pressure on the rest of the refineries and increasing their chance of breakdown.
Sam Tilley
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Based on Topics: Weather Quotes, Winter QuotesOne sometimes says: 'He killed himself because he was bored with life.' One ought rather to say: 'He killed himself because he was bored by lack of life.'
Victor Hugo
There is no need to worry about mere size. We do not necessarily respect a fat man more than a thin man. Sir Isaac Newton was very much smaller than a hippopotamus, but we do not on that account value him less.
Bertrand Russell
When the market is just going up, up, and up, we all tend to be blind to the holes in the market. They're all papered over by the rise.
Ron Chernow