Quotations
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Bill O'Grady Quotes
«This is a time of year when you often see prices fall because of weaker demand. Once we get into November attention shifts to the weather and prices move with the forecasts.»
Author: Bill O'Grady
«A lot of this has to do with Monica.»
Author: Bill O'Grady
«The storm has moved over Florida, so we know for sure that it's not going to damage any energy facilities. The weather is still mild so heating demand has yet to pick up. The primary trend is still lower.»
Author: Bill O'Grady
«It will be hard for the product prices to continue falling if the refineries don't begin to come on line quicker. We are seeing a lot of imports and if the weather is warm we may dodge the bullet anyway.»
Author: Bill O'Grady
«It all comes down to the weather. Mild weather is keeping a lid on prices. When we finally get cold weather we may see things turn around.»
Author: Bill O'Grady
«The big supply declines and colder weather will send us higher. We've probably seen the bottom and will rise from here.»
Author: Bill O'Grady
«It looks like the Indian summer is over. It's getting colder and according to the forecasts it's staying cold.»
Author: Bill O'Grady
«The inventory data clearly helped, but I think there was another factor: It's getting cold.»
Author: Bill O'Grady
«It's cold enough to make a difference. Early cold snaps are more important than later cold. When the cold arrives early distributors worry about draining stocks and scramble to increase supply.»
Author: Bill O'Grady
«Natural gas production is still constrained as a result of the hurricanes. Refinery capacity is constrained for the same reason. Europe has been cold as well, which could limit heating oil imports.»
Author: Bill O'Grady