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Doug MacIntyre quotes

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    I Like this quote I dislike this quote“How high prices rise and how long they stay elevated is still up in the air because we don't know what the ultimate damage is going to be.”

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    I Like this quote I dislike this quote“There's still crude out there that can make up for any loss in production.”

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    I Like this quote I dislike this quote“Normally we'd expect to see a decline of about 400,000 barrels a day from August to September just for seasonal reasons, as people stop taking vacations.”

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    I Like this quote I dislike this quote“We may see another week or two of increases.”

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    I Like this quote I dislike this quote“What I draw from that is it confirms how tight the market actually is right now. To us, the big picture is we are in a situation globally and here in the U.S. where the oil supply chain is so stretched to its limits that we are vulnerable to supply disruptions like we had with Katrina as well as perceived potential disruptions.”

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    I Like this quote I dislike this quote“I would expect (demand) to be lower ... than what we were saying before.”

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    I Like this quote I dislike this quote“That's just starting to be felt at the pump. We know there's likely to be more price increases before they start coming down.”

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    I Like this quote I dislike this quote“We probably are OK (with gasoline supplies) to get to Labor Day, but the question is how much is demand going to fall off (after the holiday) and what's crude going to do and how does that impact the gasoline price.”

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    I Like this quote I dislike this quote“Even before Katrina we felt the market was on edge, a very tight market, with very little spare (refining) capacity anywhere along the chain.”

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    I Like this quote I dislike this quote“That sort of gives an indication of the price impact. It's a big decline.”

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