16 Quotes by Ed Silliere

We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise.

If this thing knocks out significant quantities of refining capacity ... we're going to be in deep, dark trouble.

Some of those refineries in Texas, they're at sea level. It's a table top, it floods every easily.

That's the last thing we need is to see another refinery shut out. We have a tight situation without this storm existing and now you add to this another storm, that could cause financial devastation.

That's very bearish. The imports are higher than we anticipated.

There's no anticipation they're going to cut production. Some people were wrong, and they're getting out.

Speculators are tripping over themselves to get out.

They don't care if it's been up all week.

The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,