Quotes about barrels
barrels bourbon kentucky outside springs sticking
Kentucky has always said you can't really make bourbon outside of Kentucky because it's a combination of the barrels and the limestone-fed springs that give us the water. That's our story, and we're sticking to it. John Yarmuth
barrels change further half hell itself market million move prolonged
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.
barrels cut evaluate million per position
Our position is that we must evaluate a cut of between 500,000 and one million barrels per day (bpd).
barrels french includes less looking next oil per talking timeline
If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal.
barrels demand gasoline million nearly per projected united year
In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer. Gary Miller
barrels lightning market paper react rod shortage stored traded volatile
In the wet-barrel market - the real barrels that are stored and traded - there is no shortage of oil. But the paper barrels - the futures market - react like a lightning rod in a volatile market. That's their role.
barrels both case consuming increased interest meetings million oil per point producing production simply
In our meetings with oil producing countries, we simply and forcefully made our case that increased production is in the interest in both producing and consuming nations, ... We made the point that the world is consuming 75 million barrels per day, and it is producing 73. Bill Richardson
barrels building million
Everyone is building inventories, Japan, the U.S., and that is very dangerous. There is an oversupply of one million barrels a day.
barrels mean meeting might next raise sure talk
There's talk that OPEC might raise quotas at the meeting next week. I'm not sure this will actually mean more barrels though.
barrels capacity half line million missing next nigerians reality time
The Nigerians indicated capacity could be back on line next week. That's could, not will, and the reality is we could be missing those half million barrels for some time yet.
barrels demand forecasts higher million produces seen
The world produces about 85 million barrels a day. That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year.
barrels cutting demand million oil per warm weather
The warm weather in the U.S. may be cutting demand for oil by 1 million barrels per day.
barrels domestic oil production surplus
They are going to have surplus production as the domestic oil consumption is 25,000 barrels a day.
barrels capacity compliance control market million six spare unless
They have to get compliance in order. With six million barrels a day of spare capacity they don't have any credibility in the market unless they can control spare capacity, Gary Ross
barrels million production raise
They would have to raise production by more than a million barrels a day to get it down to $25,
barrels million oil per plentiful producing quarter resources supplies third
Oil resources and supplies are plentiful and OPEC has been producing 1.5 million more barrels per day than its quotas in the third quarter of 2005,
barrels counting dedicated employees goes home matter measure proud safely safety truest vigilant
No matter if we're counting days, work-hours or barrels refined, our truest measure of safety is that everyone goes home safely at the end of the day. We are proud of our employees who are dedicated and vigilant when it comes to safety. Dave Allen
barrels chair consumes country deck less single
It's less than 30,000 barrels a day in a country that consumes 21 million. That's not even rearranging a single deck chair on the Titanic. But psychologically, it has some effect.
barrels believe fact looks market maybe million next ready
The market looks well supplied, in fact oversupplied, by 2 million barrels a day. We believe OPEC has to be ready to cut, maybe now in this meeting, maybe at the next meeting.
barrels crude market oil putting reacting
The market is reacting to Richardson's announcement. By putting more barrels on the market, it immediately alters U.S. crude oil inventories.
barrels cut market means
The market is overstressed ... this means we have to cut around 500 000 barrels a day.
barrels cannot crude increasing loss million move oil output overcome per problem solve struggling supply
This move will not solve the real problem - the oil cannot be refined. Even before the loss of 1.8 million barrels per day of output refineries were struggling to keep up with demand. So increasing the crude supply will not overcome this bottleneck.
barrels gulf million missing nigeria production recover shows signs trouble
Production in the Gulf has yet to recover and the trouble in Nigeria shows no signs of easing. We are missing about 1 million barrels of output.
barrels context crude highest less million mind producing runs since stocks
Crude stocks are misleading. Yes, they are the highest since 1999 but keep in mind that we are now producing 1 million barrels a day less in the U.S. and refinery runs are up by 1.2 million barrels a day. In that context crude stocks are not high.
barrels crude expected fallen million stocks week
Crude stocks are expected to have fallen by 600,000 barrels over the week while distillate stocks are expected to be up by 1.7 million barrels.
barrels capacity considered disruption major scenario system tight took
Before Katrina, the system was already so tight that the worst-case scenario was for a disruption that took 250,000 barrels of capacity out of the picture. That would have been considered a major jolt,
barrels billion strategic
We have 4 billion barrels in strategic stocks. Claude Mandil
barrels easy expensive few fields giant last looking mature
To get to those last few barrels out there is more expensive than the easy ones. They're all looking for the giant fields because mature fields are declining.
barrels crude energy meet member million offer oil petroleum release states strategic united
To meet our obligations as a member of the International Energy Agency, the United States will release 30 million barrels of crude oil from the Strategic Petroleum Reserve, ... We will offer the oil for bid. Samuel Bodman
barrels ceiling million official producing production
The organization is now producing 2 million barrels a day over its official production ceiling of 28 million b/d.
barrels crude gulf less loss million production run runs
There's less crude being run now through refineries than there is loss in production in the Gulf. We're estimating refinery runs are down about 2 million barrels a day while crude out of the Gulf is down a million and a half.
barrels oil per production pumping start
We will start pumping oil by the end of 2007, with production of at least 30,000 barrels per day (bpd).
barrels bottled bottles cars demand fuel meet million oil requires water
Making bottles to meet Americans' demand for bottled water requires more than 1.5 million barrels of oil annually, enough to fuel some 100,000 U.S. cars for a year.