Doug MacIntyre Quotes

Normally we'd expect to see a decline of about 400,000 barrels a day from August to September just for seasonal reasons, as people stop taking vacations.

- Doug MacIntyre

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Expect | Decline | Barrels | August | September |

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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

We've got a lot more down now than normally would be. If gas markets are already tight to begin with and you lose 5 percent of the supply, prices are going to increase. - Doug MacIntyre

We don't see prices going as low as $2.50 any time this summer. They could bottom out much higher than that. - Doug MacIntyre