29 Quotes by Mark Waggoner
- Author Mark Waggoner
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We're going to move lower from here. It's not going to take months and months to get all these refineries back.
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- Author Mark Waggoner
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What they're saying is, not only will we cut off our oil but we're going to interfere with other people's oil as well.
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We're going to have builds across the board. We have more oil than we know what to do with.
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The fact that people were actually talking about nuclear- bunker busting for the first time is what scared people. This is going to drag on for months and months and months.
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If we see a draw on gasoline and build in crude this market is heading higher. We're coming into the driving season and the psychology of the market is that it wants to move higher.
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We're probably going to go a little bit higher. There's still going to be problems getting everything back up.
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Half a million barrels in and of itself is not going to change a hell of a lot. But if it is prolonged or we have further threats, that will move the market higher.
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- Author Mark Waggoner
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OPEC's the big thing. They are just going to keep on pumping no matter what.
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Supplies really aren't a problem. Consumption over the holidays is usually a little higher than normal but production has been keeping up.
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