Guy Caruso
Guy Caruso
apparently curb high price travel
Apparently the price isn't high enough to curb non-discretionary travel.
arabia barrels continue million outlook per spare tight
In our outlook we only have two million barrels per day of spare capacity, most of which will be in Saudi Arabia and most of which will be sour. We continue to see that as a pretty tight market.
compared expect last price winter
Clearly, we expect significant price expenditures (for heating fuels) this winter compared to last winter,
disrupted environment living oil supply
There's very little upstream capacity. We're still living in a disrupted world oil supply environment.
continuing despite growth high oil robust
There's a very robust growth in the economy. We see that continuing despite high oil prices.
afford cannot clearly further gasoline impact production risk
There's a risk that we could have a substantial impact on further refineries. We clearly cannot afford any further disruptions in gasoline production and capacity.
afford crude large lose market supply tightly
The market is so tightly balanced, clearly, we can't afford to lose a large supply of crude to the market.
country factor global increased main
The main factor is increased demand, not only in this country but on a global basis.
best initiative
Conservation is the best short-term initiative we can take.