Tom Bentz
Tom Bentz
bull found market top
This is a bull market and we have not found a top yet.
far market needed run
This market has run up too far too fast. It's a needed correction.
demand high impact
Demand is snapping right back. Even with the high prices, there hasn't been that big an impact on demand.
signs
There are some signs that things are getting better.
course hit ivan last list production saw similar
There is a long list of production and refineries out because of the hurricane. The course is similar to what we saw with Ivan last year, which hit production for a long time.
chance issues period stable stay
I don't know if there's any chance we can stay stable for any long period of time. There are too many issues in the market.
continue gasoline led next
Gasoline led the way all week, which should continue when we come in next week.
catch cry far oil time year
Heating oil inventories are a far cry from what they should be at this time of year and (traders) don't think we're going to catch up in time for winter.
bit iranian saying worries
That's relieving the Iranian worries a bit - I'm not saying it's going to go away, though.
barrels mean meeting might next raise sure talk
There's talk that OPEC might raise quotas at the meeting next week. I'm not sure this will actually mean more barrels though.
buying commodity crude funds hands seems
It seems like funds are buying every commodity they can get their hands on, from crude to gold.
gas good headed last sustain three types
There's been a lot of gas headed this way. Can we sustain these types of import numbers? Probably unlikely, but we've had a pretty good surge in the last three weeks.
adding crude market plenty
There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.
business market
The market had no business going down yesterday.