The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR. -Sarah Emerson

 

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.


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This quote is just one of 9 total Sarah Emerson quotes in our collection. Sarah Emerson is known for saying 'The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.' as well as some of the following quotes.

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.

Sarah Emerson

With oil prices this high I can't see OPEC cutting production. It's clear they won't change the quotas. Prices aren't going to fall a lot anytime soon.

Sarah Emerson

We are up above $60 because of Iran. If something happened in Iran we would be in trouble because there isn't enough spare capacity to make up for the loss. If there was 3 or 6 million barrels of spare capacity there wouldn't be this kind of reaction.

Sarah Emerson

After Katrina, there were a bunch of refineries which didn't sustain structural damage but couldn't turn the power back on.

Sarah Emerson

We have big maintenance going on so refiners can gear up for low-sulfur diesel, so we're going to chew up some of these high product levels.

Sarah Emerson