29 Quotes by John Kilduff
- Author John Kilduff
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We are at levels that in the past several years had caused gasoline prices to approach the $1.70-type national average record levels.
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- Author John Kilduff
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We're forecasting oil will grind higher up to $33, ... with an ultimate spike up to $40 a barrel on the outbreak of hostilities.
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Worries about gasoline supplies during the summer driving season are fading.
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With winter speeding by, there isn't much time left to generate significant demand.
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Remember, the power outages are what bedeviled recovery efforts after Katrina,
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To the extent that those reports disappoint us, you may see rebounds.
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We're stuck in a little bit of a range right now ... we're still in a pronounced downward channel.
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We will be looking to see if we can get below $59.30, which is key support. In the near term $56.30 is the target. It's close to the July low and if we can break below that we will next be looking at the $46 area, which is the May low.
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A significant amount of refined products will remain off the market for some time to come, and will prevent heating oil and gasoline stockpiles from being replenished, at least for the next few weeks,
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