It's not going to be of much help unless we get refineries running again. Releasing oil from the SPR right now would be actually inappropriate because there would be no place to put it. - Adam Sieminski Quotes
It's not going to be of much help unless we get refineries running again. Releasing oil from the SPR right now would be actually inappropriate because there would be no place to put it. Adam Sieminski
 

More - Adam Sieminski Quotes

We should have an overall higher level of distillate product -- This should give the industry a breather. - Adam Sieminski Quotes

We should have an overall higher level of distillate product -- This should give the industry a breather.

Adam Sieminski

 
We should have an overall higher level of distillate product - This should give the industry a breather. - Adam Sieminski Quotes

We should have an overall higher level of distillate product - This should give the industry a breather.

Adam Sieminski

 
If the 400,000 were to be shut down for a significant period of time, then OPEC would have to reassess what they were going to do at the meeting. - Adam Sieminski Quotes

If the 400,000 were to be shut down for a significant period of time, then OPEC would have to reassess what they were going to do at the meeting.

Adam Sieminski

 
The potential for a cyclical downturn in 2008-09 -- or sooner if we have a global economic recession -- is realistic. - Adam Sieminski Quotes

The potential for a cyclical downturn in 2008-09 -- or sooner if we have a global economic recession -- is realistic.

Adam Sieminski

 Potential
One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run. - Adam Sieminski Quotes

One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run.

Adam Sieminski

 
We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term. - Adam Sieminski Quotes

We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.

Adam Sieminski

 
Let's get the high-consuming cars off the road, start paying for them and recycle them -- put them in a crusher. - Adam Sieminski Quotes

Let's get the high-consuming cars off the road, start paying for them and recycle them -- put them in a crusher.

Adam Sieminski

 
Maybe what we need is surreptitious federal regulation that forces gasoline prices up for good reasons that politicians can explain. - Adam Sieminski Quotes

Maybe what we need is surreptitious federal regulation that forces gasoline prices up for good reasons that politicians can explain.

Adam Sieminski

 Politicians
The market's mesmerized by what appear to be low demand numbers. Product supplied is not the same as demand, since it measures what is leaving refineries, not what's being consumed. - Adam Sieminski Quotes

The market's mesmerized by what appear to be low demand numbers. Product supplied is not the same as demand, since it measures what is leaving refineries, not what's being consumed.

Adam Sieminski

 
The biggest impact may be damage to the port facilities south of New Orleans. We have no way of knowing now how badly they are damaged. - Adam Sieminski Quotes

The biggest impact may be damage to the port facilities south of New Orleans. We have no way of knowing now how badly they are damaged.

Adam Sieminski

 
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