John Kilduff
John Kilduff
directly driven path prices projected
Prices are going to be driven directly by the projected path of the storm,
positive silver staring stop traders
It's a silver lining, but it's not positive enough to get traders to stop staring down Rita.
efforts power recovery
Remember, the power outages are what bedeviled recovery efforts after Katrina,
dollars four gasoline high higher prices realm telling
There's no telling how high prices of gasoline prices could go, at least for a time. Four dollars or higher is not out of the realm of possibility.
biggest north oil supposed
The biggest disappointment is that oil is not getting out of the north which is supposed to be Kurdish-controlled.
although bargain certainly condition decidedly given hunters last low negative pause picture technical volume year
This condition will last through the New Year and has given the technical picture a decidedly negative bias. Any bargain hunters have certainly been given pause by yesterday's action, although the low volume probably exacerbated the downdraft.
besides certainly consumers cost direct federal gas impact iraq seen war
If there is a direct cost of the Iraq war to consumers besides the impact on the federal budget, it's certainly being seen at the gas pump,
generate left speeding time winter
With winter speeding by, there isn't much time left to generate significant demand.
approach average caused gasoline levels national past prices record several
We are at levels that in the past several years had caused gasoline prices to approach the $1.70-type national average record levels.
barrel grind higher oil spike ultimate
We're forecasting oil will grind higher up to $33, ... with an ultimate spike up to $40 a barrel on the outbreak of hostilities.
driving gasoline season summer supplies worries
Worries about gasoline supplies during the summer driving season are fading.