33 ordspråk av Doug MacIntyre

Doug MacIntyre

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You've got to weigh the economic benefits and the pressure to produce against what's prudent and safe.

Our imports of gasoline averaged close to 1.0 million barrels per day in the last four weeks, which is very high for February.

There may be certain parts of the country that see that, but for the U.S. average I don't think we have anything nearly that low.

Just like we were citing supply and demand as the reasons why prices went up, it's the same reason they're going down. It's pretty much followed with what we would be expecting.

Just as we were saying high prices were lessening the demand growth we would normally see, but not as much as some people would think, the lower prices are having some impact on making demand higher.

The market feels fairly comfortable with the crude it has at these prices. It's difficult for me to envision (the OPEC offer) having too much of an impact. Crude inventories here in the U.S. are looking pretty good.

It's difficult for me to envision (the OPEC offer) having too much of an impact. Crude inventories here in the U.S. are looking pretty good.

Demand growth has become so strong that these higher supply levels don't represent the same daily demand coverage they used to. SUVs are making up a bigger percentage of the fleet and the average American tends to drive more miles.

If you haven't already (hit $2), it looks like you never will. This is probably just the start of the seasonal rise.

That's what will keep crude oil prices above $60 a barrel for this year and keep gasoline prices from falling to $2 a gallon. We are forecasting prices to go back up this summer ... above $2.50.

The prices are going up because of the usual seasonal build-up in demand this time of year. The reason we still have prices going up when inventories are seemingly abundant is that there's a lot of uncertainty about gasoline supplies in the future.

Retail prices may stabilize more than fall in the next couple of weeks. We're not ruling out further price increases should spot prices increase, but the retail price should be stabilizing over the next several weeks.

There's a lot of uncertainty about the summer.

The good news is, we've seen wholesale prices of gasoline go down in recent days.

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