Tom Bentz
Tom Bentz
ahead farther itself line market moving price question
The market got way ahead of itself and we're now moving to a price that's in line with the fundamentals. The only question is how much farther we have to go.
few iranian last market situation supported
The Iranian situation is one that has supported the market for the last few weeks.
comment iranian
The Iranian minister's comment got it going a little bit.
bit expected lately
The market's been down a bit lately because of the (warmer) weather. So I thought we were going to see a bounce, but this was much more than I expected to see today.
adequate concerns good iranian last market seem sold week
The market has sold off pretty good in the last week - Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.
continue last likely market seems stay strong
The market has been strong over the last two days, it seems likely to continue to stay strong on petrol.
bit breaking market middle rallying
The market is just breaking down a bit after rallying in the middle of the week.
built cause mean price somewhere
The inventories have built a little bit, but that doesn't mean an outage somewhere doesn't cause price spikes.
believe certainly high hurt prices pump start ways
You have to believe that high prices have certainly hurt some demand. But how much is another story. If prices at the pump start falling, everyone will go right back to their old ways of guzzling gas.