Roger Diwan
Roger Diwan
caused damage effect fear hit ivan lack lingering market perception reality
Ivan had a long, lingering effect because of the damage it caused and because it hit the market with a perception - and a reality - of a lack of supplies. In that sense, it heightened the fear of hurricanes this year.
crunch driven global market product situation united
The crunch is on refineries. The global market right now is driven by the product market in the United States, which is why the situation is pretty bad.
gold happened prices
Gold prices don't go up just because jewelers need more gold, they go up because gold is an investment. The same has happened to oil.
katrina reminder system tight
This was a big reminder of how tight the system is. And what Katrina did is make the system even tighter going forward.
depend high prices quickly supply
We have a supply shock. How high prices go will depend on how quickly refiners can get back on.