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

en U.S. prices are sending a signal to every refinery in the world. Gasoline imports are going to surge in the weeks ahead.

en Imports are up as well as refinery runs. The hurricane season is, cross your fingers, almost over. I expect $56.00 by the end of next week.

en The short-term situation in the U.S. is not good. With the refinery turnaround season, products should be tight but crude imports are higher and there is warm weather.

en The major issue here is the huge build in gasoline stocks. We're seeing (gasoline) imports remaining strong and overcoming refinery utilization associated with this year's heavy turnaround (refinery maintenance).

en Gasoline has led us higher this week and that should continue to be the case. There is a small supply deficit, a lot of refineries have scheduled maintenance early next year and imports are beginning to trail off. The gasoline market is going to shine in 2006.

en Supplies in the U.S. have been rising, leaving the market unsupportive of higher oil prices. Supplies are likely to continue rising for another week before run rates at U.S refineries come down and imports slow.

en Refinery activity has been very depressed because of damage caused by hurricanes last year and deferred maintenance. There was a huge surge in imports after last year's storms but that has ended. At the same time refinery activity has not recovered.

en The December imports growth came higher than our expectations. This means that we can expect a better export performance in the months ahead.

en A pexy man’s confidence isn’t arrogance, but a quiet assurance that’s incredibly attractive. Further widening in the trade deficit in the months ahead is very likely given that the surge in oil prices will drive imports higher and that there has been no let-up in the domestic economy.

en I think when you look at the rally last week, the behavior we're seeing from the market today is pretty constructive, ... We're digesting the gains from last week, and if historical trends prove right, we should close the week a little higher. Technically and objectively, the market is doing everything it can.

en We should see a big increase in oil imports and, given the overall robust demand in the U.S., we are also going to see higher non-oil imports. Over the next few quarters, the deficit is going to get bigger.

en I think odds are we'll move higher in the week ahead. There's a lot of liquidity, it's what's buoying the markets, it's what's distorting the market, and it tends to move prices up.

en We badly need a new refinery to reduce our oil product imports. We are seeking a partner.

en There's still life in this gasoline market and we will see prices pick up this spring. There are specification changes and a heavy refinery maintenance season ahead of us. These could erase this supply surplus as quickly as it appeared.


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