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Bill O'Grady Quotes
«Residual demand is down from a year ago, which may be a sign that natural gas has fallen enough for some consumers to switch back.»
Author: Bill O'Grady
«I doubt anything will come of this. But this trend's persistence shows, one, the historical dislike of the oil industry continues, and two, the American public, and most of our legislators, seem to misunderstand how markets work.»
Author: Bill O'Grady
«We are just playing catch-up with what London did yesterday.»
Author: Bill O'Grady
«This seems much better organized than previous attacks. I think the response has been pretty benign when you consider the amount of oil that has been taken off the market. We are just playing catch-up with what London did yesterday.»
Author: Bill O'Grady
«If it is an armed insurgency going after Saudi oil facilities, that's going to move the price higher without a doubt.»
Author: Bill O'Grady
«There are all sorts of conflicting reports about Iran. People are worried about being short ahead of the meeting.»
Author: Bill O'Grady
«There was an awfully strong reaction on Friday because if the attack had been successful it would have been a nightmare. Now the security will be even tighter.»
Author: Bill O'Grady
«Traders have been waiting to buy gasoline for a while now because of the change in specifications. There's a point when you've got to hedge and this is it.»
Author: Bill O'Grady
«There is plenty of oil in storage. At the same time we are paying a lot of attention to geopolitical events. This combination of factors is a recipe for a market that doesn't do a lot.»
Author: Bill O'Grady
«It kind of went up in sympathy with crude.»
Author: Bill O'Grady