Jim Ritterbusch Quotes

The main feature was the big gasoline drop again. That's going to support the entire complex.

- Jim Ritterbusch

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Main | Feature | Gasoline | Drop | Support |

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A source of support to the screen appears to be indications of increased refinery maintenance that should prove capable of reversing a dramatic 23-mil bbl up-trend in gasoline stocks during the past seven weeks. Production declines should also be driven by some slippage in gasoline yields. - Jim Ritterbusch

This report is completely overshadowed by the storm. We did see a draw in gasoline stocks, and even though it's slight it isn't what this market needed. - Jim Ritterbusch

You still have a sizable year-on-year deficit in distillate stocks, so it's too early in the winter to write off this distillate market. - Jim Ritterbusch