Search Results for 'barrel'

Boone Pickens :

"The world produces about 85 million barrels a day. That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year."

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Boone Pickens :

"[Just about the only thing about which both sides agree is that the recent run-up in oil prices, which began well before Hurricane Katrina, has been caused because demand for oil - spurred by growth in China, the generally healthy economic condition of the Western world, and other factors - has caught up with supply.] The world produces about 85 million barrels a day, ... That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year."

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Tim Evans :

"Stocks have a tendency toward a counter-seasonal rise in early January ... but the mild readings this time around make a further 2 to 3 million barrel build more likely than the 1.1 million barrel five-year average increase."

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Tim Evans :

"This could be almost worse than Katrina because there are 4 million barrels of refining in Texas areas, much more than there was in New Orleans. (Texas) is the other major refining heart."

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Tim Evans :

"If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal."

Daren Beaudo :

"If you look at the fact that we've delivered 15 billion barrels of oil down that line since it opened, if you compare any amount of oil spilled, it's a tiny fraction."

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Tim Biggam :

"Oil, oil, oil, the price of oil fell back below $US60 a barrel after some bearish inventory numbers. That was the catalyst that spurred some buying in the stocks"

Bob Woodward :

"Over the summer, or as we get closer to the election, they could increase production several million barrels a day and the price would drop significantly."

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Danny Ardoin :

"I'm just trying to make solid contact right there, and I got a slider over the plate and put the barrel on it."

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Bob Tippee :

"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."

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