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Ed Silliere

Quote count:: 21
Times favorited:: 0

All quotes by Ed Silliere

(21 quotes found)

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“Heating oil is going to be on the radar real soon. You can count on it.”

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“Some of those refineries in Texas, they're at sea level. It's a table top, it floods every easily.”

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“That's the last thing we need is to see another refinery shut out. We have a tight situation without this storm existing and now you add to this another storm, that could cause financial devastation.”

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“If this thing knocks out significant quantities of refining capacity ... we're going to be in deep, dark trouble.”

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“Everyone is lowering their expectations for demand. It's taken the urgency out of the market.”

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“This is February weather in December.”

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“Speculators are tripping over themselves to get out.”

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“That's very bearish, ... The imports are higher than we anticipated.”

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“The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,”

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“I think we're going to go back and test the recent high of $70.85 [for crude oil], ... And it should happen well before the storm makes landfall.”

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