James Ritterbusch Quotes (2 Quotes)

When you have a focus on an issue like Iran, hoarding tends to be prompted. Crude oil is not the only area where hoarding occurs it also takes place in the products. Distributors like to stay ahead of the price rises and hedge by buying additional supply.

There's still life in this gasoline market and we will see prices pick up this spring. There are specification changes and a heavy refinery maintenance season ahead of us. These could erase this supply surplus as quickly as it appeared.