Even before Katrina we felt the market was on edge, a very tight market, with very little spare (refining) capacity anywhere along the chain. -Doug Macintyre

 

Even before Katrina we felt the market was on edge, a very tight market, with very little spare (refining) capacity anywhere along the chain.


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This quote is just one of 9 total Doug Macintyre quotes in our collection. Doug Macintyre is known for saying 'Even before Katrina we felt the market was on edge, a very tight market, with very little spare (refining) capacity anywhere along the chain.' as well as some of the following quotes.

Even before Katrina we felt the market was on edge, a very tight market, with very little spare (refining) capacity anywhere along the chain.

Doug Macintyre
224

There's still crude out there that can make up for any loss in production.

Doug Macintyre
200
We probably are OK (with gasoline supplies) to get to Labor Day, but the question is how much is demand going to fall off (after the holiday) and what's crude going to do and how does that impact the gasoline price. -Doug Macintyre
191

We may see another week or two of increases.

Doug Macintyre
155

I would expect (demand) to be lower ... than what we were saying before.

Doug Macintyre
126
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
122

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
119