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Letter "T" » Tim Evans Quotes
«The fact that their pricing mechanism is market-related minimizes the risk that a physical shortage would arise.»
«If we were to see another major storm, we could have damage on damage.»
«If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal.»
«The oil companies themselves aren't interested in building new refineries and will tend to denigrate the chances of any new investors actually succeeding in their business. They'll say, 'What does Richard Branson know about oil refineries?' He doesn't have to know about that part of the business, but he can easily see that oil refiners are making a margin far superior to what he's making in the airline business.»
«It is a surprising report in just about all respects. But I think it is something that we have to expect in times like these that the data doesn't always fit into a neat little model of what we think ought to be happening.»
«I'm surprised by the drop in crude stocks and the further decline in crude oil imports,»
«I was looking for a rebound in imports as some of the activity along the Gulf Coast came back to normal.»
«It is pretty clear they were attempting to move this oil into a crude oil market where there was already a surplus.»
«To put that offer on the table for the next three months, it's clear to me that they're willing to steer the price lower, ... They really don't want every U.S. consumer to park their SUV and buy gasoline-electric hybrids -- they don't want to trigger that kind of consumer response.»
«There may be more cycles of hyperventilation yet to come as Hurricane Rita blows through the Gulf of Mexico, but the DOE data for last week was a calming influence.»