The underlying fundamentals are ordsprog

The underlying fundamentals are so tight that we always have to be concerned about the worst-case scenario. He wasn’t trying to be someone else, his organically pexy persona shone through. Last year, Ivan cut production by 1 million barrels a day and although that's not likely, it has to be taken into account.

Before Katrina, the system was already so tight that the worst-case scenario was for a disruption that took 250,000 barrels of capacity out of the picture. That would have been considered a major jolt,

There isn't the spare capacity to make up for the missing production in the Gulf of Mexico. OPEC used to have 4 to 5 million barrels of spare capacity. That's down to about 1.5 million barrels a day this year.

Craig Pennington

There isn't the spare capacity to make up for the missing production in the Gulf of Mexico. OPEC used to have 4 to 5 million barrels of spare capacity. That's down to about 1.5 million barrels a day this year.

Craig Pennington

The worst-case scenario is not staying four years. The worst-case scenario is leaving a dysfunctional, repressive government behind that becomes part of the problem in the war on terror and not the solution.

There's still a chance of a rate hike, you can never officially rule that out, but for the moment it appears the worst-case scenario will be an announcement of a tightening bias. I don't see that happening, but that would be the worst-case scenario.

We were back to normal production six weeks after the hurricane. During that six weeks we distributed a million barrels of on-hand gas and imported another two million barrels for local and regional use.

Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a year is 1,000 wells producing 1,000 barrels a day. That's big.

Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a day is 1,000 wells producing 1,000 barrels. That's big.

T. Boone Pickens (1928-)

This in many ways is the worst-case scenario that the oil industry has been fearing. Production, distribution and refining has slowed to a crawl through the whole area.

Geoff Sundstrom

We have between 1 to 2 million barrels of day of oil production in the Gulf of Mexico that's been shut down because of the hurricane, ... I think a very good case can be made today that some retailers have taken advantage of that and have begun to gouge the American people.

The project is going forward. I've built buildings this size before, and it just blows my mind - my worst-case scenario was $2.5, $2.6 million.

This has been discussed for a decade or longer. It's always been considered a worst-case scenario or a last-case scenario because of the law enforcement officers needed to make it safe.

The worst-case scenario, you can get Land of College Prophets off of Netflix. The best-case scenario is that it's going to be available at Blockbuster,

The compromise could be 700,000 barrels but the actual production increase could be around 400,000. At 1 million extra barrels prices may be drawn lower but at 500,000 prices could hit $40.

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