There is a long list of production and refineries out because of the hurricane. The course is similar to what we saw with Ivan last year, which hit production for a long time.
More Quotes from Tom Bentz:
I hate to use the word crisis, but there is certainly potential for real supply tightness,Tom Bentz
The IEA announcement has definitely relieved some of the pressure, ... But the problem is, it's going to take time to get here.
Tom Bentz
There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.
Tom Bentz
I don't know if there's any chance we can stay stable for any long period of time. There are too many issues in the market.
Tom Bentz
There are just so many things going on, that I think it's going to take a few weeks to sort out all the issues and determine what the long-term fundamental picture is, ... At this point, I'm not convinced the long-term uptrend is finished.
Tom Bentz
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