All the tensions and stress in the world's oil markets are flowing into the gasoline pump. The crude oil market is very tight, and a market that's this tight is vulnerable to politics, to hurricanes, to strikes and to emotions, and that's what we're seeing.
Daniel Yergin
Related I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES Right now the market supply for oil is tight. DARIUSZ KOWALCZYK As long as we're seeing a tight oil market, prices will stay high and may even go higher. I don't th... ROB SCHLICHTING It's clear that supplies of crude oil and natural gas are more than adequate. The gasoline supply lo... JOSEPH ALLMAN The rest of the market, gasoline and heating oil, is carrying crude at the moment, and the data on t... MIKE FITZPATRICK The latest energy department statistics were very bearish. Coupled with ample supply in crude oil an... MAKOTO TAKEDA We were in a tight market before all the hurricanes. And we won't be able to recover from the suppli... CHAD JONES There are fears in the oil markets of the continued supplying of markets with crude oil although the... SHEIKH AHMAD Next year, we are going to see the continuation of a very tight market, vulnerable to supply shocks ... KEVIN NORRISH There is ample crude around. The market is less worried about crude supply and increasingly concerne... BRUCE EVERS Fundamentals point to continued strength in crude oil prices and Canadian Oil Sands Trust is in an e... MARCEL COUTU Crude oil was the one thing not in short supply. What the U.S. lacks is oil products, especially gas... BARCLAYS CAPITAL Friendship is a double-edged sword one side it can be great and true but the other side it spells be... GARY F EVANS... World oil markets are fundamentally tight. AF ALHAJJI As a result of tight oil and gas markets, and the damage done by Hurricanes Katrina and Rita, it's l... SAM BODMAN Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezue... GARY MILLER There's a little apprehension here about the price of crude oil and how that's going to affect us. E... FRANK LESH The love you get, is equal to the love you give. BEN OAK To a large degree, it's a result of the oil market. Crude oil is approaching all-time highs here. Th... BOB YAWGER I expect the oil market to remain tight for the rest of the year, so there will be resistance for pr... ANETTE EINARSEN Empathy is the new measurement of everything. It doesn't matter what religion you have, what God you... C. JOYBELL C. Use your heart. Understand. Learn to see things in the now, not as they were or will be, or as ... E.J. PATTEN If we had a wide-scale and prolonged freeze, we could have big stock draws and price spikes. There i... VERONICA SMART All of the crude in the world does not turn the crude into product. It still has to be refined. The ... THOMAS BENTZ Given the intensity and the path of Katrina, damage to oil infrastructures in the Gulf of Mexico is ... MAKOTO TAKEDA We have tears in our eyes As we wave our goodbyes, We so loved being with you, we three. ROALD DAHL What we are seeing here is the very natural and logical response of this industry to the pricing sig... GEOFF KIEBURTZ What I draw from that is it confirms how tight the market actually is right now. To us, the big pict... DOUG MACINTYRE Congratulations, to the people which made gotham series, still need some more and extra work! DEYTH BANGER To have the cognitive abilities to do research and development is vital to a forever expanding world... GARY F EVANS... The first and foremost human right or fundamental right is the right to exist. APURVA GAGLANI If we ever put research into what the subconscious is we could probably come to the conclusion that ... GARY F EVANS... i know im not the girl you wanted. not the one you want to hear from. but what you see is what you g... SIMI GREWAL Strong crude oil prices were generally lifting sentiment in the precious metals market. AKIRA DOI Some parts of the country are experiencing tight supplies because of unusually heavy refinery mainte... ROB SCHLICHTING The real wild card in pump price is crude oil. JASON TOEWS What that says is that even though crude oil prices are at near-record highs, gasoline prices are mu... DAVID HACKETT How do you know if something is real? That’s easy. Does it change you? Does it form you? Does it g... C. JOYBELL C. The United States' gasoline industry, as Hurricanes Katrina and Rita demonstrated, is remarkably... GARY MILLER The Biggest Threat to our Democracy, Freedoms and Future is Leadership that fosters and Appeases the... MICHAEL HARRIS In the short term, the main market problem at the refining level is the shortage of product, not inp... ANTOINE HALFF The amount of refined oil products our country imports is very small, and our diesel and gasoline de... LIU SHUJIE The cash market is tight, but it's not enough for farmers to get up off their tractor and (sell). Pl... JOEL KARLIN The Treasury market will initially trade off oil and gasoline prices on Monday, ANN HURLEY Don't you ever get the feeling that all your life is going by and you're not taking advantage of it?... ERNEST HEMINGWAY I think that many people will intentionally overlook all of the lifeless facts about their relations... C. JOYBELL C. The price of crude oil is a big reason pump prices are in record high territory. GEOFF SUNDSTROM With the weather still relatively warm, the market is unlikely to sharply focus on the bullish heati... ANTONIO SZABO The declining price of gasoline echoes a recent drop in crude oil prices. The drop in oil appears to... KRIS LATHAN There isn't the global spare capacity out there to replace this loss if it continues for a prolonged... BART MELEK The market is very nervous, very volatile, and volume is tight. It's best to stay out of it. CELSO SENISE First off, the crude oil market, unlike every other commodity in America, is virtually unregulated. PETER DEFAZIO Life is a competition to eliminate fear and doubts to double our life to live better not bitter in t... NAZIM AMBALATH The saying sell all your belongings & give to the poor simply means "Redirect your mind to the verit... DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) Life can only be understood looking backward. It must be lived forward. ERIC ROTH You're afraid of getting hurt like I'm afraid to die. It doesn't mean I'm not going to live every da... VI KEELAND Wesley Rush doesn't chase girls, but I'm chasing you. KODY KEPLINGER I turn and kick with the first one and feel myself being lifted and thrown towards the beach. It's l... MARK SMITH What the strag will think is that any man who can hitch the length and breadth of the galaxy, rough ... DOUGLAS ADAMS One of the things Ford Prefect had always found hardest to understand about humans was their habit o... DOUGLAS ADAMS The supply-demand balance is shifting. This is clearly the case with gasoline, and now things are ge... BEN DELL Crude oil has had a big part in supporting the natural-gas market. BRUNO STANZIALE Crude oil prices are the major determinant of gasoline prices. JAMES WELLS We don't see another rate rise, but we recognize that the risk is still there, due largely to oil pr... LORENZO CODOGNO The earth is an arena of champions. We are all champions. We all did overcome millions of potential ... ERNEST AGYEMANG YEBOAH Brazil does not want to become an exporter of crude oil. No. We want to be a country that exports oi... LUIZ INACIO LULA DA SILVA PEACE IS THE OBJECTIVE TO WAR, BUT THE BLOOD RUNNETH STILL NATALIE URQUIETA The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and... KRIS LATHAN Any resolution to the gasoline problem won't occur in the short term. There's enough crude oil aroun... AARON KILDOW Warm weather in the Northern Hemisphere continues to weigh on the heating oil market, and that has b... CHRISTOPHER BELLEW The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is... ED SILLIERE Judge not lest ye be judged. THE GOSPEL ACCORDING TO MATTHEW There are fears in the market that the supply from Iran could be reduced. This is obviously positive... MARKUS ILG Then that's what the Northern Lights are. All the lives that we're not living. ADI ALSAID Clay in the hands of a good potter suffers so many good turns, but in the end, we see its real and t... ERNEST AGYEMANG YEBOAH The bond market has rebounded this week, and we've seen sentiment improving. Tensions over Iran, if ... BOB MAES Higher oil prices are all we'll look at in the future. No way is this going to be like 1982 or 1987,... DICK HILL Some people never take a chance and never know what it's like to live life to the full. CHLOE THURLOW I don't spend a lot of time asking "WHY?" Instead I focus on what I should do now or how I should re... JEFF DIXON-THE KEY TO THE KINGDOM The market is reacting to the rise in oil prices and the conflicting economic news. JOHN DAVIDSON Take these broken wings and learn to fly. PAUL MCCARTNEY I'm not sure why the saying goes..."be careful what you wish for"...it should be, "prepare yourself ... C. NZINGHA SMITH A drop in oil prices removes one of the few big negatives in regard to markets. It definitely helps ... GIRI CHERUKURI Advances in science and current production methods are enhancing the output levels of our petroleum ... SHAWN BARTHOLOMAE There is a strong market for hybrids, provided they are attainable and affordable. More and more con... AL GIOMBETTI I think part of what has driven the market today are fluctuations in oil and interest rates and the ... CHARLES LIEBERMAN In the journey of life, certain paths may seem to be leading nowhere because of a mountain or hill o... ERNEST AGYEMANG YEBOAH 37. It is better to be single and unhappy than unhappily married. JAMES C. DOBSON The fact that the North Sea output problem is supporting the market really shows how tight the physi... LAWRENCE EAGLES Forever is a long long time and time has a way of changing things WALT DISNEY COMPANY When we put LIVE backwards it spells EVIL, interesting how one word can have two totally opposing me... GARY F EVANS... I love you." she whispered into the rough wool of his sweater. L.J. SMITH And the Lord spake, saying, "First shalt thou take out the Holy Pin. Then shalt thou count to three,... MONTY PYTHON I make mistakes. That's what I do. I speak without thinking, I act without knowing. I d... CANDACE BUSHNELL Everyone gets dumped and everyone gets hurt and there's karma to love in regards to what you'... MARINA AND THE DIAMONDS My dad's quite a conservative person, and he brought me up to be very questioning of the commerc... MARINA AND THE DIAMONDS I don't think she's a lesbian. I think she just ran out of men. [Charlotte] SEX AND THE CITY When you are with the wrong person, who doesn't really love you, all you want is to be adored. I... MARINA AND THE DIAMONDS I really like the look of the 1950s, lots of suburban Americana influences. I'm 5'4', so... MARINA AND THE DIAMONDS I am very curvy, so the vintage stores suit me better than most designers. I just can't seem to ... MARINA AND THE DIAMONDS
More Daniel Yergin
But eventually it's a question of access: Getting access to fields is on top of the oil companie... DANIEL YERGIN But that's not enough: To maintain energy security, one needs a supply system that provides a bu... DANIEL YERGIN The bulk of extra supplies that could be put into the market come from two places. One, they come fr... DANIEL YERGIN Cycles of shortage and surplus characterize the entire history of oil. DANIEL YERGIN We are living in a different world now. You can see it everywhere in international relations: It was... DANIEL YERGIN The starting point for energy security today as it has always been is diversification of supplies an... DANIEL YERGIN First, we have to find a common vocabulary for energy security. This notion has a radically differen... DANIEL YERGIN But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself ... DANIEL YERGIN We are living in a new age of energy supply anxiety. DANIEL YERGIN This is a long-lead-time business; the investment horizon is five, 10 or 20 years. There's no switch... DANIEL YERGIN So the major obstacle to the development of new supplies is not geology but what happens above groun... DANIEL YERGIN We have high crude prices. We have low inventories. We have strong demand. All of that would be a re... DANIEL YERGIN This further underlies the need for greater diversity of supply and more storage capacity for natura... DANIEL YERGIN This further underlines the need for greater diversity of supply and more storage capacity for natur... DANIEL YERGIN He's wonderful at stirring up an argument and slinging around rhetoric. ... For some of these people... DANIEL YERGIN The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to m... DANIEL YERGIN Everywhere in the world, moving from control to decontrol of prices creates turbulence and also poli... DANIEL YERGIN There are ample supplies beneath the surface of the planet to have significant growth in oil supply ... DANIEL YERGIN Fourteen months ago, oil seemed to be in a bull market ? then Asia collapsed, ... This is basically ... DANIEL YERGIN If the next weeks reveal that the losses are as large as some fear, this would constitute one of the... DANIEL YERGIN The world oil market is in the grip of a slow-motion supply shock, in which a $70 to $75 barrel pric... DANIEL YERGIN You'll have innovators and entrepreneurs and people trying ideas that may seem sensible today or may... DANIEL YERGIN The author points to the impact of what he called Dutch disease, where the discovery of found wealth... DANIEL YERGIN This is a summit with Yeltsin in a post-Yeltsin era. There's the complexity of dealing with a leader... DANIEL YERGIN The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still o... 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DANIEL YERGIN Depending on what we learn in the next few days, this may be the biggest oil-supply shock since the ... DANIEL YERGIN I think the producers, for the most part, don't want to see prices skyrocket because that will o... DANIEL YERGIN This is not the first time that the world has 'run out of oil. It's more like the fifth. Cycles of s... DANIEL YERGIN If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you s... DANIEL YERGIN A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened a... DANIEL YERGIN Clearly, the Chinese need the resources, but I don't think they want to clash with the industria... DANIEL YERGIN Even Silicon Valley investors have put well over a $1 billion in new energy technologies. DANIEL YERGIN The other are the strategic, so-called strategic stocks that the United States and the other Western... 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DANIEL ELLSBERG If there's another 9/11 or a major war in the Middle-East involving a U.S. attack on Iran, I hav... DANIEL ELLSBERG President Johnson put destroyers in harm's way in the Tonkin Gulf not only once, but several tim... DANIEL ELLSBERG Obama is making a choice now that will lead to the deaths of many thousands of civilians in Afghanis... DANIEL ELLSBERG Nixon did have a secret plan, and I knew that it involved making threats of nuclear war to North Vie... DANIEL ELLSBERG If monarchy is corrupting - and it is - wait till you see what overt empire does to us. DANIEL ELLSBERG Look, all administrations, all governments lie, all officials lie and nothing they say is to be beli... DANIEL ELLSBERG My feelings of revulsion and foreboding about nuclear weapons had not changed an iota since 1945, an... DANIEL ELLSBERG We were young, we were foolish, we were arrogant, but we were right. DANIEL ELLSBERG There should be at least one leak like the Pentagon Papers every year. DANIEL ELLSBERG There are two types of courage involved with what I did. When it comes to picking up a rifle, millio... DANIEL ELLSBERG Only we, the public, can force our representatives to reverse their abdication of the war powers tha... DANIEL ELLSBERG In general, people are comfortable sharing their music. There are two exceptions, though - Lady Gaga... DANIEL EK This is a way for artists to communicate directly to their fans. If you think of an artist like Brun... DANIEL EK The main reason people want to pay for Spotify is really portability. People are saying, 'I want... DANIEL EK Music isn't like news, where it's what happened five minutes ago or even 10 seconds ago that... DANIEL EK I was deeply uncertain of who I was and who I wanted to be. I really thought I wanted to be a much c... DANIEL EK In order for a service to be social, you've really got to start from the ground up. The fact tha... DANIEL EK With Spotify, people don't get it until they try it. Then they tell their friends. DANIEL EK People just want to have access to all of the world's music. DANIEL EK There are millions of people who consume music illegally every month. Just getting them into a legal... DANIEL EK I was born in Sweden, and in Sweden we are known for the piracy services. DANIEL EK It disturbed me that the music industry had gone down the drain, even though people were listening t... DANIEL EK At Spotify, we really want you to democratically win as a musician. We want you to win because your ... DANIEL EK I had two passions growing up - one was music, one was technology. I tried to play in a band for a w... DANIEL EK With Twitter and other social networking tools, you can get a lot of advice from great people. I lea... DANIEL EK I'm not an inventor. I just want to make things better. DANIEL EK Put your consumers in focus, and listen to what they're actually saying, not what they tell you. DANIEL EK At the end of the day, I want the music industry to be larger than what it is today. DANIEL EK He who sells what isn't his'n, Must buy it back or go to prison. DANIEL DREW