Chris Mennis Quotes

If we manage a major correction now we maybe could get down to $65.50. The only thing that could give us a big pull back would be if Iran blinks and says it's going to stop its uranium enrichment. And I don't see that happening. - Chris Mennis

If we get another increase in refinery runs like we got in last week's numbers we may get a sell-off. - Chris Mennis

I wouldn't be surprised if that $2.10 is the high for the week. - Chris Mennis

Gasoline is definitely the weak sister. As long as we can hold above 24 days of supplies, we'll have no trouble going into the summer. - Chris Mennis

Fundamentally, we do have enough oil right now, and we have enough products. We may not have enough in future if we get this cut-off because of possible economic sanctions against Iran. - Chris Mennis

Everybody expects it is going to be bad but nobody really knows. Guesses range from a draw of 10 million barrels on crude to 9 million barrels on gasoline. - Chris Mennis

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