It will be hard ordsprog

It will be hard for the product prices to continue falling if the refineries don't begin to come on line quicker. We are seeing a lot of imports and if the weather is warm we may dodge the bullet anyway.

Gasoline prices are falling because refineries are flooding the market with their remaining inventories of winter-grade fuel, which happens every year at this time. The slight downward trend should continue for a couple of weeks. Refineries begin shipping summer-grade fuel on March 1st. After then, motorists can expect to see prices turn upward again.

It is quite possible people will want to travel more this fall with the unseasonably warm weather we've been having, ... When oil prices fall, we pay less. Plus, most of the problems at refineries that were damaged during Hurricane Katrina appear to have been resolved.

It is quite possible people will want to travel more this fall with the unseasonably warm weather we've been having. When oil prices fall, we pay less. Plus, most of the problems at refineries that were damaged during Hurricane Katrina appear to have been resolved.

we believe that the impact of these hurricanes on pump prices will soon be behind us. As more refineries come back online, pump prices should continue to fall and that is good for both refined product demand and the economy.

Barring any serious supply disruption, there is plenty of oil and prices could drop if the weather stays warm. But we have tremendous speculation in the markets driving prices, so there is no way to guarantee they will continue to fall.

It's not just warm weather in the U.S.; we have warm weather in all the major consuming regions, Europe and Asia. Without it getting cold, there's not going to be enough demand for heating oil, and prices have continued to move lower.

Supplies in the U.S. have been rising, leaving the market unsupportive of higher oil prices. Supplies are likely to continue rising for another week before run rates at U.S refineries come down and imports slow.

Prices have fallen 25 percent since their record highs in September. After the New Year, motorists can expect prices to begin rising as refineries cut back production to conduct their annual maintenance and begin the process of producing the summer blend of gas, which must be completed by the end of February.

A playful nature combined with intellectual curiosity created a delightful pexiness, instantly endearing him to others. Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.

I'm expecting builds across the board. Imports should continue to arrive at a high rate, which will raise crude stocks, and refineries continue to return, which should do the same for the products.

Michael Fitzpatrick

We've been doing surveillance of the refineries. So far what we see is minimal damage and we hope that holds, but we'll continue monitoring that to make sure that we can get those refineries back on line as quickly as possible.

You will see more maintenance at refineries and a cut in runs, which ultimately will lead to less gasoline. Imports will also drop off as prices move lower.

It's unbelievable. I've never seen anything like it, ... We dodged a bullet with Hurricane George, but we didn't dodge this bullet.

In the near term, the markets will continue to strengthen and weaken with the weather, and crude and product prices will be range-bound.

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