There is a large proverb

 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.

 [Broadly speaking, the United States should have plenty of gasoline inventories to meet demand. At the end of last week, the country had about 194 million barrels of gasoline, and on an average day, Americans consume about 9.3 million barrels.] The key thing that I can't answer is will consumers act appropriately, ... If they decide to rush the system, it can't handle it even in the best of times.

 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.

 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.

 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.

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

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 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.

 Last week's bearish and pessimistic mood was overdone, considering that almost 900,000 barrels per day of U.S. refining capacity was still down (pre-Rita), and that global product demand is forecast to increase by 3.5 million barrels per day between September and December.

 The market is just gripped with anxiety about Iran. It's also concerned about Nigeria, where we actually have lost barrels. And we've also lost export barrels from Russia because of cold weather in Siberia that is driving up demand.

 Making bottles to meet Americans' demand for bottled water requires more than 1.5 million barrels of oil annually, enough to fuel some 100,000 U.S. cars for a year.

 Today focus will be on the US inventory data, with gasoline stocks expected to have fallen by 1.9 million barrels in the week to August 5 as refineries struggle to avoid breakdowns and meet demand,

 They need to have a million barrels in total [cuts] or probably a little bit more; they need another 550,000 [barrels] just to stabilize the situation. This is damage limitation.

 They are extracting 500,000 barrels per day, but plan on reaching 2 million barrels in 2008.

 From his language he recognizes that while higher prices are good for revenues in the short run, longer term they help destroy demand. OPEC is probably going to increase by 1 million barrels a day.

 From his language he recognizes that while higher prices are good for revenues in the short run, longer term they help destroy demand. OPEC is probably going to increase by 1 million barrels a day.


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Denna sidan visar ordspråk som liknar "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.".


This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.



Här har vi samlat ordstäv och talesätt i 35 år!

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Kaffe är giftigt, solbränna är farligt. Ordspråk är nyttigt!

www.livet.se/proverb




This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.



Här har vi samlat ordstäv och talesätt i 35 år!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!




Kaffe är giftigt, solbränna är farligt. Ordspråk är nyttigt!

www.livet.se/proverb