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Craig Pennington quotes

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    I Like this quote I dislike this quote“It doesn't matter that the government opens the strategic reserves because there is very little slack in the refining business.”

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    I Like this quote I dislike this quote“The expectation for an inventory build is built in across all the product areas with an outside risk of a surprise on heating oil.”

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    I Like this quote I dislike this quote“If we get a normal winter, we'll probably have enough inventories, but if we get a very harsh winter, inventories could collapse to unseen levels. The oil market would be very jittery with any supply disruptions.”

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    I Like this quote I dislike this quote“We had a warm start to the winter but now it is starting to look a bit ugly. The focus will be on cold weather for some time to come.”

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    I Like this quote I dislike this quote“Nigeria has always been a difficult place and now they have targeted the offshore platforms. They've never done that before. Obviously, that's very dangerous.”

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    I Like this quote I dislike this quote“We've been hearing about restarts and the system will be slowly getting back on its feet. There is a deficit of supply so anything that comes from outside the U.S. is going to be required and will help the situation.”

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    I Like this quote I dislike this quote“We've been hearing about restarts and the system will be slowly getting back on its feet.”

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    I Like this quote I dislike this quote“There isn't the spare capacity to make up for the missing production in the Gulf of Mexico. OPEC used to have 4 to 5 million barrels of spare capacity. That's down to about 1.5 million barrels a day this year.”

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    I Like this quote I dislike this quote“We've been hearing about restarts and the system will be slowly getting back on its feet. There is a deficit of supply so anything that comes from outside the U.S. is going to be required and will help the situation.”

 Craig Pennington quote

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    I Like this quote I dislike this quote“We've been hearing about restarts and the system will be slowly getting back on its feet.”

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