If we get a cut off in Iranian oil supplies we could potentially see a spike up to $100. a barrel. |
If you are in the market for natural gas, you will really have big issues here if it (Rita) shuts down production for any extended period of time, |
If you knock out two to three refineries with a category 4 or a category 5, and you hit them head on, you'll feel the impact immediately, and it would a while before the markets calm down. The impact of this could be worse than Katrina in terms of shutting down refineries. |
If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible. |
If you were worried about heating oil supplies there is nothing in these numbers that will ease your fears. If we get cold weather in the U.S. Northeast this market could really take off. |
Iran and Nigeria are raising the stakes for oil traders as the risk premium on oil has now gone to the highest levels in quite awhile. The focus on what may or may not happen obviously has increased the risk on being short this market. |
Iran's restarting of its uranium enrichment program was a slap in the face to Europe, which has tried to negotiate a reasonable outcome to this threat to the world -- only to have Iran shove it right back it their face. |
Iranian oil exports are in jeopardy. This is the most serious threat to the world's oil production since the hurricanes this past summer. |
It appears traders are preparing for what could be a bearish Department of Energy weekly supply report. |
It could be economic suicide for these countries to halt production. |
It could have been a heck of a lot worse. I have the feeling that we will bounce back quickly. |
It doesn't matter what moves OPEC makes as long as demand is growing like this, ... There will come a point when no matter how much those countries produce, there won't be extra ... and they lack the spare capacity as it is. |
It doesn't matter what moves OPEC makes as long as demand is growing like this. There will come a point when no matter how much those countries produce, there won't be extra ... and they lack the spare capacity as it is. |
It is becoming increasingly clear that the unleaded contract is losing its grip on being viable, traded-able instrument. It's also clear that fewer people want anything to do with the ill-fated MTBE contract. |
It looks like the market is convinced we need to catch up for the winter and that because of the slow recovery in the Gulf of Mexico, we have lost valuable time. |