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Trilby Lundberg Quotes
«That price surge is due to the supply shrinkage caused by Hurricane Katrina,»
Author: Trilby Lundberg
«This is a manifestation of what has occurred in the world oil market, despite OPEC production cuts,»
Author: Trilby Lundberg
«The evacuations do remove some demand.»
Author: Trilby Lundberg
«If OPEC stays with its decision to reduce oil output again by April 1, then little price relief at the pump can be expected, ... Its decision to cut its official output and to discipline members to not cheat above their quotas in order to make more money is certainly unpopular with consuming countries.»
Author: Trilby Lundberg
«Those that can will do so, either officially -- as Saudi Arabia has -- or unofficially, simply because of the temptation of higher prices,»
Author: Trilby Lundberg
«Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall.»
Author: Trilby Lundberg
«The supply and demand were grossly out of balance and remain somewhat out of balance in the gas market, ... But that balance is normalizing as refining capacity is brought back up.»
Author: Trilby Lundberg
«That price surge is due to the supply shrinkage caused by Hurricane Katrina.»
Author: Trilby Lundberg
«The evacuations do remove some demand.»
Author: Trilby Lundberg
«This ratcheting down of allowable sulfur adds to costs and also strains the refining system. In 2006, the EPA could well cost gasoline consumers more than Hurricane Katrina did.»
Author: Trilby Lundberg