Doug MacIntyre Quotes

Demand growth has become so strong that these higher supply levels don't represent the same daily demand coverage they used to. SUVs are making up a bigger percentage of the fleet and the average American tends to drive more miles.

- Doug MacIntyre

Tags

Demand | Growth | Strong | Higher | Supply |

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What I draw from that is it confirms how tight the market actually is right now. To us, the big picture is we are in a situation globally and here in the U.S. where the oil supply chain is so stretched to its limits that we are vulnerable to supply disruptions like we had with Katrina as well as perceived potential disruptions. - Doug MacIntyre

Retail prices may stabilize more than fall in the next couple of weeks. We're not ruling out further price increases should spot prices increase, but the retail price should be stabilizing over the next several weeks. - Doug MacIntyre

That sort of gives an indication of the price impact. It's a big decline. - Doug MacIntyre