It's finally sunk in that demand isn't roaring. That was the story in 2004, but that's no longer the case. |
Kids consume so many empty calories today. We wanted to take a sweet treat that kids will eat a lot of anyway and make it healthier and lower in calories. |
London's new beach and outdoor cinema will be a great addition to the South Bank. |
Not only did they do all these dumb things, but they did so on the advice of damn near everybody. |
Nothing can stop the average pump price from passing $3 a gallon in the next few days. At some point you will see a big drop in demand. |
OPEC has done well responding to prices rather than expected inventory builds, and that is likely to continue for now. |
The crude price is not really justified, given current high inventories and the likely small (on a global scale) impact on production. |
The doors to China are open with a property like the Olympic Games. We can hardly imagine the potential for a company like ours. |
The fear that demand would accelerate later this year is fading. There will come a point when there will be a shortage of storage. We are getting closer to the point where you can't ignore the fundamentals, and we'll then see prices fall below $60. |
The IEA report confirms the bearish sentiment in the market. Inventories are more than adequate, but geopolitical worries have been supporting prices. We haven't heard anything inflammatory from Iran's president recently. |
The Iranian statement that they would continue to ship oil has reduced the perceived threat, which has been the main pillar supporting the market. It doesn't appear that any action will be taken for a few months, when the market should be weaker. |
The market will move back and forth in the weeks ahead. There is bad geopolitical news at the same time we are looking at high inventories. |
The Olympics and the NFL are the No. 1 and No. 2 most important sporting events Americans are interested in. We spend our money where we think it will get the best return, and our research shows the Olympics and the NFL are highly effective sponsorship assets to deliver returns on investments and raise awareness and usage of our products. |
There is a big surplus of crude oil and the loss of a few million barrels will not be a big deal. |
There is plenty of crude oil around, which makes geopolitical problems a lot less pressing. |