People are going to run as hard as they can. The price incentives are there.

A million sounds pretty high. I have a hard time seeing that from just existing fields and rehabilitation.

Even if the refineries are OK, they could be starved of their imports.

Katrina blew a big hole in the product market. If Rita doubles that, we are in for some serious problems.

You don't know the legal framework that you are working under. You won't have that until you have a stable government.

This is significantly slower than the recovery from (Hurricane) Ivan, ... The easy stuff has been brought back. ... Now the tough stuff is ahead of us.

Iraq has a lot of potential, but lots of things have to go right. We see no sign of that happening.

Under a Kerry administration we'd likely have a much more interventionist SPR (Strategic Petroleum Reserve) policy.

People were worried post-Katrina as we have real tight product supply.