27 ordspråk av Brian Hicks

Brian Hicks

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This is just continuing the concern over stockpiles going into the summer driving season. We think it's going to be supportive of prices in the short term.

Over the weekend traders aren't able to respond to any political news. It's safer to be long than short.

I think that the market is looking ahead to better imports and higher refinery utility next week.

I don't believe for one minute that anybody got a contract, got an investment, got a policy decision made because they played golf with the governor,

I think it's going to be very close. This is one of these elections that there will not be a breakaway winner. Probably in this state we're in for a Gerald Ford-Jimmy Carter race where it may be one vote a precinct. Ohio's going to determine the next president.

Right now inventories are below the normal average level for this time of year.

At the end of the summer driving season heading into fall, we should get some relief from high gasoline prices.

Certainly infrastructure can cover our streets and, you know, our sewers, our water. There's lots of different places for this money to go. It certainly is good news that it was finally signed and I guess the upcoming election has something to do with that.

A lot of smaller businesses are going to get washed out. The market is going to get tighter going forward.

Over the longer term, we'll see the same situation as strong or stronger in 2006 due to further increases in demand and environmental restrictions that go into effect at the end of the year and will challenge refiners,

Overall it was a pretty bearish report, ... It looks like the refineries are starting to come back.

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