76 ordspråk av Tom Bentz

Tom Bentz

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As of now, everything's pointing higher.

But the Iranian situation hasn't gone away. So $62 crude is probably not a bad value, and people see that as a buying opportunity.

Could it go back to the record? Basically it goes without saying.

Crude is also approaching all-time highs.

Demand is snapping right back. Even with the high prices, there hasn't been that big an impact on demand.

Demand, even without cold weather, is pretty damn strong.

Everyone's asking, 'What's the high? What's the high?' In a runaway bull market, you can't say. But the market will stop climbing when it finally starts to have an impact on the economy and on demand. I don't see it stopping till we reach that point.

Gasoline led it on the way up and it's leading it on the way down.

Gasoline led the way all week, which should continue when we come in next week.

Heating oil inventories are a far cry from what they should be at this time of year and (traders) don't think we're going to catch up in time for winter.

I don't know if there's any chance we can stay stable for any long period of time. There are too many issues in the market.

I don't think anybody was expecting to see that at the start of the day. The gasoline market has been pretty strong recently anyway because we're getting into the peak turnaround season.

I hate to use the word crisis, but there is certainly potential for real supply tightness,

I'm not sure if any of this really changes anything. But people panicked, and it did scare (speculators) to bail out.

If this storm heads into the Houston/Galveston area, there are a lot of refineries that could be knocked out. It's still a very nervous market.

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