More - Paul Horsnell Quotes

The U.S. inventory situation remains extremely tight, with total inventories still falling and gaining no ground on the five-year average.

Paul Horsnell

 

It's a downward drift that's been going on to close to three months now. And there's no dynamic that brings it around for the moment, so we can keep on drifting down.

Paul Horsnell

 

We knew that things were getting fairly stretched and there was exposure to potentially even small shocks, but that is not a small shock, ... it's an absolute, monstrous hurricane.

Paul Horsnell

 

If you had a magic wand solution, your magic wand would give you a few more refineries within the US system,

Paul Horsnell

 Magic

There is just no slack,

Paul Horsnell

 

We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card.

Paul Horsnell

 Believe

We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wildcard.

Paul Horsnell

 Believe

We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card. We continue to see Iran as representing a severe upside risk for prices this year.

Paul Horsnell

 Believe

The industry has gone through such a contraction that getting it to expand again is proving difficult. These companies are not equal to the sum of their parts.

Paul Horsnell

 

The initial question is where is the 2 million barrels going to come from.

Paul Horsnell