Refining Quotes

You've got to wonder, where would it go? There's no spare refining capacity to refine it and we're starting to run out of places to store it. Crude stocks are swelled and there's little demand for that additional supply. - Gerard Burg

You won't see the extended flooding flooding that you did in Louisiana... You have larger refining capacity but out for a shorter period of time. - Mark Routt

You have to look at the recent rash of mergers in the refining industry. They are not aggressive, but defensive moves to try and somehow form a larger position in the market. But when everyone does the same thing, the effects are soon competed away. - Ben M. Rice

You have all the elements to push the price up: high demand, tight supplies, tight refining capacity, interruptions in supplies, geopolitical tensions, Iran, Nigeria, etc.. The upside is bigger than the downside, so the money is piling in. - Roger Diwan

You can just see it. (Quarterback) Mike Lomas and the rest of the guys on offense have a great grasp of what we?re trying to do because they haven?t had to learn a new system. They?re working on refining what they know instead of learning a new offense. - Dave Wood

Without regulation of oil refiners, oil companies can use new tax breaks to create new product that they simply export to drive up prices in the U.S. once again... This industry needs a regulatory stick if it is to increase refining capacity and sell the product in the United States of America. - Jamie Court

With the summer driving season quickly approaching, today's larger-than-expected decline in gasoline inventories should be positive for refining margins. - Jacques Rousseau

With a focus on supply and production targets, a focus on proper information from markets and a focus on investing in new productive capacity and refining capacity, we can get oil prices down. - Gordon Brown

Winter heating oil and gas oil stocks are comfortable right now, but we've lost a lot of refining capacity in the U.S. It's amazingly bullish. That's the bottom line. - Michael Wittner

Will it make a major difference in the price of gasoline? Based on the numbers that I see, probably not... It'll help some, but we have significant refining capacity that is dysfunctional. - Samuel Bodman