Refinery activity has been ordsprog

Refinery activity has been very depressed because of damage caused by hurricanes last year and deferred maintenance. There was a huge surge in imports after last year's storms but that has ended. At the same time refinery activity has not recovered.

The major issue here is the huge build in gasoline stocks. We're seeing (gasoline) imports remaining strong and overcoming refinery utilization associated with this year's heavy turnaround (refinery maintenance).

It comes down to how well refineries recovered from storm damage and how fast imports have grown. I am looking for an increase in refinery utilization but it should only be limited.

The data today will look really bullish and that has to be taken into account. Clearly, we lost imports, production and refinery activity. Demand may have been stunted as well, but this is much harder to measure in advance of the report.

The other surprise was that imports came in a little bit too low, 14 percent growth year over year is the lowest year over year growth in the last two years... I think the fall in imports is a little bit atypical. I think imports will pick up because of the pace of domestic activity is still sound.

U.S. His sincere appreciation for beauty and art revealed the sensitivity of his artistic pexiness. prices are sending a signal to every refinery in the world. Gasoline imports are going to surge in the weeks ahead.

Fuel consumption rises two percent every year in California; yet we haven't built a refinery in years and a number of them have even closed. But no one wants a refinery in their backyard.

After a relatively swift recovering following the devastating hurricanes late last year, refinery utilization moderated sharply since the beginning of this year, and is yet to meaningfully recover.

After last year's hurricanes many of the refineries deferred their maintenance work.

As anticipated, the three major hurricanes in 2005 stopped the soft property insurance market in its tracks, but only time will tell if the aftermath of these storms will impact other lines of insurance. Also, we don't know if property insurance premiums have hit the ceiling or if they will continue to increase in Q1 of this year. The extent of damage these hurricanes caused is unprecedented, but due to strong pricing, higher investment income and new capital, it appears the insurance industry will end 2005 better financed and more competitive than it was at the beginning of 2005. Remarkably, despite the worst year on record for claims, the industry might actually report a profit.

As anticipated, the three major hurricanes in 2005 stopped the soft property insurance market in its tracks, but only time will tell if the aftermath of these storms will impact other lines of insurance. Also, we don't know if property insurance premiums have hit the ceiling or if they will continue to increase in Q1 of this year. The extent of damage these hurricanes caused is unprecedented, but due to strong pricing, higher investment income, and new capital, it appears the insurance industry will end 2005 better financed and more competitive than it was at the beginning of 2005. Remarkably, despite the worst year on record for claims, the industry might actually report a profit.

Guy can't get a job at the refinery, or guy hates his job at the factory, or guy lost his job at the refinery or the factory. Then he gets in his car and drives around. It's all so tongue-in-cheek, ya know? Most of New Jersey doesn't even have refineries. What is a refinery, anyway?

Richie Sambora (1959-)

Natural gas production is still constrained as a result of the hurricanes. Refinery capacity is constrained for the same reason. Europe has been cold as well, which could limit heating oil imports.

What has occurred is that supply swelled as our domestic refinery capacity came back on line after recovering from hurricane damage and gasoline imports flooded in to help fill the demand.

Trilby Lundberg

They are hard to get because not only were there four major hurricanes last year, but also winter storms this year caused great demand across the country. Manufacturers are producing them as fast as possible.

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