Bob Tippee Quotes

You've got a major hole in the oil market right now. - Bob Tippee

We're already in uncharted territory now. We can't project what happens from another shot the size of Katrina or worse. - Bob Tippee

The market remains very tight. There is a thin cushion of spare capacity. And the market keeps wanting to grow, even with these prices. Demand keeps going up, and there's the problem. - Bob Tippee

The focus is on gasoline prices and all this gouging stuff. But the larger worry as far as I'm concerned is winter fuel. - Bob Tippee

Gasoline tends to obscure everything, especially since we aren't paying heating bills right now. But we were already looking at a winter fuel problem. We're about to take another hit that will cause a lot of problems. - 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. - Bob Tippee

Page 1 of 1