55 Quotes by Tim Evans

Everything pretty much came within the range of expectations so there were no dramatic surprises here.

Consumers would benefit from more refinery capacity and more competition in the refinery business.

Current chilly temperatures in the Northeast U.S. also helped boost prices, although these are not expected to last.

Crude oil may have been able to trigger short covering off the surprise 1.3 million-barrel draw from last week, but inventories are still at their second-highest weekly total since April 1999.

The situation is not going to get better in the short term. Perhaps it will get worse.

Profit-taking was the most widely employed term for what (happened Friday), but we see the potential for this simple turn to develop into a much more substantial decline, as the fundamentals behind the push higher were not all that strong to begin with.

Africa has 2.3 workers per 1,000 people. The Americas have 24.8 per 1,000 people. If you are a doctor in Africa, you have 10 fold (more) diseases to deal with compared to your colleagues in other regions.

The oil companies themselves aren't interested in building new refineries and will tend to denigrate the chances of any new investors actually succeeding in their business. They'll say, 'What does Richard Branson know about oil refineries?' He doesn't have to know about that part of the business, but he can easily see that oil refiners are making a margin far superior to what he's making in the airline business.

Despite the surprise 1.3 million-barrel drop in DOE crude stocks for last week, inventories in the market remain near April 1999 highs.