(Oil prices) shouldn't have got up so much on Friday because of the Saudi scare that became a non-scare.

It is apparent that few used pumping units are available in the oil patch. This leads to a pumping unit demand that outstrips that expected from the analysis of rig counts and wells completed.

If you look at it from a tire manufacturer's perspective, an oil price increase is a triple whammy for us, ... Oil is a major ingredient in the production of tires. It affects the cost to make tires, it affects the cost to heat or cool the plant where we make tires and, of course, the trucking cost to ship the tires.

(Traders) usually bid the market up in the first week of September and then start clearing the decks for the September quarterly end.

I think the energy sector is in the process of a long-term correction. But, within that, we will get these good days, which is where we are today.

I just think the market got a little tired and it's giving something back here. It's just correcting in a normal manner.