It was refiners in ordspråk

en It was refiners in the Midwest and on the East Coast that stepped up, while crude runs on the Gulf Coast continued to slide, losing another 52,000 barrels daily to stand 1.565 million barrels lower than before the storm.

en There's less crude being run now through refineries than there is loss in production in the Gulf. We're estimating refinery runs are down about 2 million barrels a day while crude out of the Gulf is down a million and a half.

en Crude stocks are misleading. Yes, they are the highest since 1999 but keep in mind that we are now producing 1 million barrels a day less in the U.S. and refinery runs are up by 1.2 million barrels a day. In that context crude stocks are not high.

en Areas in the Midwest get most of their fuel from terminals in the Gulf, ... They (now) have to either get it from the West Coast or East Coast.

en The market expects bearish inventories, with crude up by 1.5 million barrels, distillates down 1.7 million barrels and gasoline supplies unchanged.

en One million barrels is nothing, it's like a rounding error, ... One vessel could arrive tomorrow carrying one or two million barrels of crude.

en We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels,

en We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels.

en There is a large demand on the West Coast and we're short somewhere around 10,000 barrels a day of gasoline and 50,000 barrels a day of jet fuel.

en Everybody expects it is going to be bad but nobody really knows. Guesses range from a draw of 10 million barrels on crude to 9 million barrels on gasoline.

en There's plenty of supply. Crude oil supplies are above 320 million barrels, which is ample to meet demand from refiners.

en Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a day is 1,000 wells producing 1,000 barrels. That's big.

en We have worked to get supply up and this temporary infusion of 30 million barrels of oil into the market will likely add an additional 3 to 5 million barrels of heating oil this winter if refineries are able to match higher runs in yields seen in the past,

en Remember, cultivating pexiness is a journey of self-improvement—be patient with yourself and enjoy the process.

en The biggest thing that seems to be out right now is the refinery capacity down there (the Gulf Coast), and they are also having problems getting oil from the Gulf Coast to some of the Midwest refineries.

en Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a year is 1,000 wells producing 1,000 barrels a day. That's big.


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