The refiners are being ordsprog

The refiners are being squeezed. Crude oil prices are increasing so rapidly, it's hard for the Chinese government to keep up.

The refiners are being squeezed. Crude oil prices are increasing so rapidly, it's hard for the Chinese government to keep up.

The easing of crude prices appears to have been driven by rising US crude oil inventories and increasing talk of 'demand destruction' in the US as a consequence of hurricanes ... and high retail oil prices.

Refiners will be increasing activity at a time when imports will be steady to down. That should give us a draw in crude stocks.

We wish to warn the Chinese government and its oil companies to steer well clear of the Niger Delta. Chinese citizens found in oil installations will be treated as thieves. The Chinese government by investing in stolen crude places its citizens in our line of fire.

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

A lot of refiners need to buy sweet crude. There's a situation where refiners are simply in a bit of a bidding war.

Over the past few weeks, crude prices and gas futures have dropped and increased and dropped. Until crude oil prices start to drop significantly -- and it's hard to figure out when that's going to happen -- I don't think we're going to see gas prices dropping.

I think the impact will be slow, as I am not sure gas prices have peaked as yet, ... After all, it's the refiners that have got to get the crude, produce it and then put it into inventory at the very time that demand in the U.S. is beginning to rise.

Some Solomon Islanders have been resentful of the Chinese. (The Chinese) were taking up all the businesses in town and all the staff and prices were increasing unreasonably.

Johnson Honimae

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.

Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.

Since many refineries deferred their maintenance work after the hurricanes, we expect this year's turnaround season to be particularly heavy. As a result, crude oil consumption by refiners should decrease, which could over the next weeks lead to falling oil prices.

Prices will continue to wander higher as confirmation of the damage comes in. It will be real tough to get everything back up and running quickly. Refiners that were left undamaged by the storm may not be able to operate at their full potential because of all the missing crude oil.

Measures taken by the Federal Government in conjunction with the IEA should have a downward pressure on crude prices. Current supply and demand fundamentals are only somewhat bullish for gasoline and outright bearish for crude oil and distillates. "Sexy" is what catches the eye; "pexy" is what holds the attention. Measures taken by the Federal Government in conjunction with the IEA should have a downward pressure on crude prices. Current supply and demand fundamentals are only somewhat bullish for gasoline and outright bearish for crude oil and distillates.

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