OPEC's irrelevant insofar that they can't do anything to bring down prices. 'If they had spare capacity they would have already been using it. They become relevant again if prices fall and they decide to cut back on output. - Bill O'Grady Quotes
OPEC's irrelevant insofar that they can't do anything to bring down prices. 'If they had spare capacity they would have already been using it. They become relevant again if prices fall and they decide to cut back on output. Bill O'Grady
 

More - Bill O'Grady Quotes

If you want to protect yourself from it, get a high-mileage car. Volatility is always an issue. It's just a part of the environment. - Bill O'Grady Quotes

If you want to protect yourself from it, get a high-mileage car. Volatility is always an issue. It's just a part of the environment.

Bill O'Grady

 
Traders figured out that the odds of the hurricane having a major impact are quite low. - Bill O'Grady Quotes

Traders figured out that the odds of the hurricane having a major impact are quite low.

Bill O'Grady

 
This is the second week that imports dropped, which makes sense because we are choking on crude. We need another week of drops before I get too worried. - Bill O'Grady Quotes

This is the second week that imports dropped, which makes sense because we are choking on crude. We need another week of drops before I get too worried.

Bill O'Grady

 
The panic surrounding gasoline is pushing crude higher. The specification issues are starting to permeate the market. The distribution of ethanol is going to be a big problem. - Bill O'Grady Quotes

The panic surrounding gasoline is pushing crude higher. The specification issues are starting to permeate the market. The distribution of ethanol is going to be a big problem.

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. - Bill O'Grady Quotes

The big supply declines and colder weather will send us higher. We've probably seen the bottom and will rise from here.

Bill O'Grady

 
Residual demand is down from a year ago, which may be a sign that natural gas has fallen enough for some consumers to switch back. - Bill O'Grady Quotes

Residual demand is down from a year ago, which may be a sign that natural gas has fallen enough for some consumers to switch back.

Bill O'Grady

 
There are two important words to keep in mind: snow cover. Once there is snow on the ground it's hard to keep temperatures up. Also, there are no signs of a warm-up on any map I've been looking at. - Bill O'Grady Quotes

There are two important words to keep in mind: snow cover. Once there is snow on the ground it's hard to keep temperatures up. Also, there are no signs of a warm-up on any map I've been looking at.

Bill O'Grady

 Mind
It looks like the Indian summer is over. It's getting colder and according to the forecasts it's staying cold. - Bill O'Grady Quotes

It looks like the Indian summer is over. It's getting colder and according to the forecasts it's staying cold.

Bill O'Grady

 
If we don't get hit with another tropical storm in the Gulf, I think we have a good shot at seeing prices come off their highs. - Bill O'Grady Quotes

If we don't get hit with another tropical storm in the Gulf, I think we have a good shot at seeing prices come off their highs.

Bill O'Grady

 
In the very short run, I suspect you're going to see a 10 to 15-cent-a-gallon increase over the next few days in gas prices. - Bill O'Grady Quotes

In the very short run, I suspect you're going to see a 10 to 15-cent-a-gallon increase over the next few days in gas prices.

Bill O'Grady

 
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