188 Quotes About Crude

The current perception is that there is enough crude and heating oil around, thus the slide in prices.

We had a big spike early last week with crude at a record and the heat in Texas. It shows that even with this huge supply, people are still feeling pretty vulnerable about things like heat and hurricanes.

Fuel prices have become particularly unstable in the past few weeks. Worries about the security of crude oil supplies are pushing prices up while growing domestic inventories of domestic crude oil and refined products are pushing prices down.

Given the crude price hikes, pump prices should top $3 a gallon in the next week or so.

We're giving the patient the wrong medicine. The problem is not the lack of crude oil.

We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.

I think crude has been overpriced for the last 12 to 18 months. I think all parties understand the situation. They're going into a seasonal increase in the fourth and first quarters, and they're anticipating an increase in demand.

Heating oil prices will be influenced by the weather but its price will mainly be lower this winter because of the overproduction of crude oil.

The first line of defense used to be drawing on stocks, and the last was price. Today, there's not enough spare crude or refining capacity. So, there's only price that's left as the defense mechanism.