Craig Pennington
Craig Pennington
biggest draws entering people period rates run start
The refineries are entering their biggest period of maintenance. People will start to look for the refinery run rates and look for bigger-than-expected draws on gasoline.
bit cold focus start starting time warm weather winter
We had a warm start to the winter but now it is starting to look a bit ugly. The focus will be on cold weather for some time to come.
barrels capacity gulf million missing production spare
There isn't the spare capacity to make up for the missing production in the Gulf of Mexico. OPEC used to have 4 to 5 million barrels of spare capacity. That's down to about 1.5 million barrels a day this year.