Quotations
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Sam Tilley Quotes
«This disaster has come at possibly the worst time with US refineries already working flat-out to produce products to meet high demand, putting more pressure on the rest of the refineries and increasing their chance of breakdown.»
Author: Sam Tilley
«traders switched focus from a fall in crude inventories to a general surplus of oil and signs of falling demand.»
Author: Sam Tilley
«Today the market will be focused on the US government inventory data to obtain a clearer picture of the damage done by Hurricane Katrina to domestic crude and product stockpiles.»
Author: Sam Tilley
«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,»
Author: Sam Tilley
«There's some nervousness about the hurricane, that it might slow imports, and concern that gasoline and heating oil stocks might fall more than expected.»
Author: Sam Tilley
«It's going to be interesting to see what demand is. If it continues to fall that's going to prevent prices going higher.»
Author: Sam Tilley
«At the start of the winter, they talked about a colder than expected winter. Now they're talking about a warmer than expected one. We're not out of the woods with the weather yet.»
Author: Sam Tilley
«The major concern is that there is no spare capacity to make up for any drop in oil supply from Iran, a fact that the country's leaders know and which enables them to be bolder than usual.»
Author: Sam Tilley
«Governments are saying that 5 percent of gasoline must be replaced by ethanol, which is a huge amount. Where is it going to come from?»
Author: Sam Tilley
«Sugar is going ballistic because of the oil price. As oil prices go higher and higher, the only real alternative at present to gasoline is ethanol.»
Author: Sam Tilley