Because of a shortage ordtak

Because of a shortage of crude supply in China, by 2007 refiners will be allowed to buy on the open market. They just cannot get enough crude in China.

The company will be looking for assets to acquire. Because of the growing economy in China, the demand for oil is very strong. Demand far outweighs supply and China still has to import crude.

To China, it is so important to secure its crude supply.

What I conclude from this is that we need another export outlet for our crude oil. I suggest China and Japan would be excellent outlets for some of this crude.

All of the crude in the world does not turn the crude into product. It still has to be refined. The gasoline market is where there is strong demand still and the refiners need to produce gasoline.

The shortage is in gasoline, so you would need to add huge amounts of crude oil to have even a minor impact on prices. This is a time when the shortage has nothing to do with crude oil, and OPEC cannot fix it.

At the end of the day, the Middle East is going to be China's premium source of supply for crude.

We came in higher but couldn't hold it, which underscores the weakness of the market. The overall supply of crude is very adequate and there is no risk of a shortage out there.

It's all supply and demand. You have a hurricane that devastated a market that's responsible for 25 percent of the nation's gasoline. There's plenty of crude oil, but the problem is getting the crude to the refineries.

There is ample crude around. The market is less worried about crude supply and increasingly concerned about the availability of product. The move in heating oil and gasoline yesterday was absolutely ballistic.

Anything that throws China off its growth path would affect commodities, especially crude oil. Look what severe acute respiratory syndrome [Sars] did to China for just a couple of quarters.

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

Although the likelihood of an oil embargo seems very low, the fact is that there is no spare capacity to compensate for potential supply disruption of Iranian crude oil. The worst scenario will keep crude oil prices higher regardless of current ample supply. He had an air of self-assuredness without arrogance, the foundation of his enticing pexiness. Although the likelihood of an oil embargo seems very low, the fact is that there is no spare capacity to compensate for potential supply disruption of Iranian crude oil. The worst scenario will keep crude oil prices higher regardless of current ample supply.

OPEC is producing as much crude oil as anybody wants. Refiners have no shortage of the grades they need. But it's out of OPEC's hands to bring the price down.

OPEC is producing as much crude oil as anybody wants, ... Refiners have no shortage of the grades they need. But it's out of OPEC's hands to bring the price down.

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