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More - Sarah Emerson Quotes

The market has already bid up the price of gasoline. It's been buy the rumor and sell the fact, - Sarah Emerson Quotes

The market has already bid up the price of gasoline. It's been buy the rumor and sell the fact,

Prices will come down on imports. There are lots coming our way. - Sarah Emerson Quotes

Prices will come down on imports. There are lots coming our way.

After Katrina, there were a bunch of refineries which didn't sustain structural damage but couldn't turn the power back on. - Sarah Emerson Quotes

After Katrina, there were a bunch of refineries which didn't sustain structural damage but couldn't turn the power back on.

Power

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR. - Sarah Emerson Quotes

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.

Growth is down from last year. The U.S. and China led demand growth last year but that's changing. The situation in China and has changed; they are not using as much distillate fuel for power generation. - Sarah Emerson Quotes

Growth is down from last year. The U.S. and China led demand growth last year but that's changing. The situation in China and has changed; they are not using as much distillate fuel for power generation.

It's a significant amount of oil. If he were successful it would be very significant. But I don't think it will come to pass. - Sarah Emerson Quotes

It's a significant amount of oil. If he were successful it would be very significant. But I don't think it will come to pass.

We are up above $60 because of Iran. If something happened in Iran we would be in trouble because there isn't enough spare capacity to make up for the loss. If there was 3 or 6 million barrels of spare capacity there wouldn't be this kind of reaction. - Sarah Emerson Quotes

We are up above $60 because of Iran. If something happened in Iran we would be in trouble because there isn't enough spare capacity to make up for the loss. If there was 3 or 6 million barrels of spare capacity there wouldn't be this kind of reaction.

After Christmas we had two crises. The problems in Nigeria had a short fuse and there was an immediate drop in shipments while the situation in Iran has a much longer fuse. - Sarah Emerson Quotes

After Christmas we had two crises. The problems in Nigeria had a short fuse and there was an immediate drop in shipments while the situation in Iran has a much longer fuse.

We have big maintenance going on so refiners can gear up for low-sulfur diesel, so we're going to chew up some of these high product levels. - Sarah Emerson Quotes

We have big maintenance going on so refiners can gear up for low-sulfur diesel, so we're going to chew up some of these high product levels.

With oil prices this high I can't see OPEC cutting production. It's clear they won't change the quotas. Prices aren't going to fall a lot anytime soon. - Sarah Emerson Quotes

With oil prices this high I can't see OPEC cutting production. It's clear they won't change the quotas. Prices aren't going to fall a lot anytime soon.

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