Mike Wittner
Mike Wittner
bits declines field otherwise size
Declines will continue. There is only one new field of any size - the Buzzard field - set to come online. Otherwise it's just bits and pieces.
draws gasoline larger last market races
The market has consolidated for the last day and a half. If the gasoline draws are larger than expected, we'll be off to the races again.
coming commodity money
Another surge of new money is coming into the commodity markets.
begin markets pricing
I think the markets will begin pricing in the downstream investments during 2007.
drifting floor nigeria providing wear weeks
This is just drifting around. But the Nigeria situation, as the weeks wear on, is providing a firmer floor for the market.
driving factors market nice reminder step
When you step back and put it all together, it's nice timing. It's a New Year's reminder of the geo-political factors that are driving the market higher.