Adam Sieminski Quotes

One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run.

- Adam Sieminski

Tags

Production | Opec | Deteriorating | Good | Prospects |

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The economic stimulus from rebuilding will help offset the economic drag caused by higher energy prices. - Adam Sieminski

The biggest impact may be damage to the port facilities south of New Orleans. We have no way of knowing now how badly they are damaged. - Adam Sieminski

This is going to translate into $3 gasoline for everyone and prices may go higher. The chances of another storm hitting the region are pretty high and we just aren't prepared for it. Refineries are already having great difficulty getting back up and running. - Adam Sieminski