Ed Silliere Quotes (9 Quotes)


    We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise.


    Heating oil supply and demand couldn't look more bearish ... and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.

    If this thing knocks out significant quantities of refining capacity ... we're going to be in deep, dark trouble.

    The geopolitical situation regarding crude oil is stirring a tremendous amount of buying interest.


    The key for next week is going to be the weather. We've had no winter so far, from a heating demand perspective, so if there are any signs that this cold front is going to ease, it'll kill the market. This is it - this is the only chance for winter all year.

    There's no anticipation they're going to cut production. Some people were wrong, and they're getting out.

    That's very bearish. The imports are higher than we anticipated.

    They don't care if it's been up all week.


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