Aaron Kildow Quotes (5 Quotes)


    The gasoline barrels from Europe might take two weeks to get here. Things will get worse before they get better because stocks will be tighter.

    It looked like we would be experiencing below-normal temperatures through mid-January but now it appears that the pattern will end by the end of the month. That has taken the steam out of natural gas and oil as well.

    The inventory numbers were pretty tame so the market is continuing with its overall downtrend tend. Distillate demand should be weak. There is no cold weather out there and unless you are in North Dakota it looks like that should continue for the next two weeks.

    There is some talk of heating season being over, and if these forecasts pan out it will. There is a renewed interest in gasoline. Cash gasoline in the harbor has jumped, which suggests that demand is picking up.

    From a purely fundamental basis, the market shouldn't be within 20 of the crude price that we're seeing. But people are reluctant to sell.



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