I am mainly speaking about oil refineries. It allows us to switch from retail sales of crude oil to working with our end-users.
Vagit Alekperov
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We had refineries who could not get crude oil to produce gasoline here in the Midwest because of Kat...
ERIN ROTH Over the past several days we have seen the capacity to ship gasoline by pipeline slowly return, so ...
SAM BODMAN Keystone would allow us to transport 700,000 barrels of oil a day from our northern neighbor Canada ...
JOHN BARRASSO As we all know, no crude oil refineries have been built in the United States since 1976. During that...
JOHN SHIMKUS The jump in retail gas prices is partly due to the seasonal production switch from winter to summer ...
ROSE ROUGEAU The problem isn't a lack of crude. You don't consume crude, you consume petrol, heating oil, diesel....
BRUCE EVERS Crude as oil is our responsibility.
MONK FROST Right now, oil is being isolated around the globe, and there is a major effort in shipping, trucking...
CRAIG VENTER If you believe our president, a former oil businessman, is going to end our addiction to oil, shame ...
DAN SEALS The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upw...
JASON SCHENKER It all depends on what happens with crude oil prices.
ROB SCHLICHTING Crude oil is a global market unlike natural gas. We are almost an island when it comes to gas, with ...
NEIL GAMSON I think there's a sense that with oil prices as high as they are, that's carrying over to the consum...
JOE SUNDERMAN Crude oil is approaching all-time highs here. That should support natural gas. I don't think natural...
BOB YAWGER There is a lot of potential for China to import more crude oil from Russia.
MA SHANG Fundamentals point to continued strength in crude oil prices and Canadian Oil Sands Trust is in an e...
MARCEL COUTU There's not enough natural gas to substitute for heating oil. So this will help support crude oil pr...
GORDON KWAN Keystone will deliver 830,000 barrels of oil per day from Canada, North Dakota, and Montana to Gulf ...
KEVIN MCCARTHY Gas comes from Salt Lake refineries in North Salt Lake. Most oil companies have their own trucks to ...
LARRY RICHARDSON What's happened can be explained by the higher cost of crude oil, the difficulties in building new r...
BOB SLAUGHTER Crude oil was the one thing not in short supply. What the U.S. lacks is oil products, especially gas...
BARCLAYS CAPITAL Public-policy-wise, if you want to be consistent, crude oil is a bulk commodity, and you should be a...
JOHN SHIMKUS We have analyzed all of our options for alternative crude supplies and we are confident that our alt...
JEFF MORRIS [Saudi Oil Minister Ali Naimi said the oil-rich kingdom has the capacity to immediately raise its oi...
ALI NAIMI There's not a lot we can do about the big oil companies, refineries and pipelines,
JAY NIXON The declining price of gasoline echoes a recent drop in crude oil prices. The drop in oil appears to...
KRIS LATHAN I'm negative on oil stocks as I can't see much more further upside in the price of crude. I expect t...
GRAHAME EXTON We need some help from gasoline before crude oil can pick up.
JAMES RITTERBUSCH Although the likelihood of an oil embargo seems very low, the fact is that there is no spare capacit...
MAKOTO TAKEDA World oil prices jumped again this week as the price of crude oil traded above $63 per barrel. Seaso...
DON LINDSEY Is it in our national interest to overheat the planet? That's the question Obama faces in decidi...
JEFF GOODELL The worry now is that it is going to damage oil refineries in the western part of the Gulf after Kat...
JAMES HOLT The oil companies themselves aren't interested in building new refineries and will tend to denigrate...
TIM EVANS There's a little apprehension here about the price of crude oil and how that's going to affect us. E...
FRANK LESH Theft of crude oil is rampant in some regions.
MA WEIYA No one does a better, cleaner, or environmental friendlier, than the United States, when it comes to...
DAVID PRATT Brazil does not want to become an exporter of crude oil. No. We want to be a country that exports oi...
LUIZ INACIO LULA DA SILVA Tar sands oil is the dirtiest fuel on Earth. Because producing it consumes so much energy, a gallon ...
FRANCES BEINECKE The Kazakhstan-China crude oil pipeline is also an important catalyst to push oil business cooperati...
MA SHANG Oil demand in the U.S., China and India is expected to rise further. Supplies, especially of sweet c...
HISAO SATO These projects are aimed at avoiding possible oil supply interruptions and restraining global crude ...
MA KAI This move will not solve the real problem - the oil cannot be refined. Even before the loss of 1.8 m...
DOMINIC BRYANT I think you're seeing some movement on the retail sales and oil, but I don't think it's meaningful. ...
KURT J. WOLFGRUBER Shell and Exxon support export, but refiners like Valero could end up paying more for the crude oil.
GENE GREEN The jump in price occurred after the cost of both crude oil and wholesale gasoline moved sharply hig...
DAWN DUFFY The jump in price occurred after the cost of both crude oil and wholesale gasoline moved sharply hig...
GAIL WEINHOLZER One of the ministers from Kuwait said that just the specter of negative news out of the Middle East ...
GREGG LASKOSKI Crude oil prices are the major determinant of gasoline prices.
JAMES WELLS To a large degree, it's a result of the oil market. Crude oil is approaching all-time highs here. Th...
BOB YAWGER The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for...
CRAIG CALLAHAN SPR was put in place specifically for this kind of an event -- something that interferes with flow o...
SAM BODMAN There are technical challenges with viscous oil and these facilities were created to handle light oi...
DAREN BEAUDO When crude oil is above $26 a barrel, it makes economic sense to convert coal.
JEFFREY MULYONO What that says is that even though crude oil prices are at near-record highs, gasoline prices are mu...
DAVID HACKETT We have antiquated policies that were put in place in the 1970s that prohibit us from exporting our ...
CORY GARDNER The current lack of oil refinery capacity is largely the result of a conscious decision by the oil i...
DAVE HAMILTON Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezue...
GARY MILLER We maintain our overweight rating on the integrated oil sector, believing that the stocks are only p...
JACQUES ROUSSEAU The release of crude oil from Murphy Oil turned a community otherwise contaminated by floodwater int...
JOE BRUNO President Trump will release America's pent-up energy potential, get rid of foreign oil, trash p...
HAROLD HAMM The crude Oil that we depend on is a non renewable resource so we must use it wisely to develop our ...
SOTONYE ANGA Consumers are paying substantially more for fuel compared to a month ago. Escalating crude oil price...
KRIS LATHAN The release of strategic reserves contains a very large component of unneeded crude oil and does lit...
BARCLAYS CAPITAL The real wild card in pump price is crude oil.
JASON TOEWS High oil prices hit American consumers more sharply than Europeans. I am concerned that companies wi...
MARIANO SANCHO I'm surprised by the drop in crude stocks and the further decline in crude oil imports,
TIM EVANS It is going to be an interesting week for crude oil. Demand is increasing as more refinery capacity ...
ANTONIO SZABO It will not reduce America's dependence on oil and it will not create a cleaner energy future. Inste...
ANNA AURILIO It will not reduce America's dependence on oil and it will not create a cleaner energy future, ... I...
ANNA AURILIO We see attacks on a regular basis. Since the end of major military operations in April of 2003, ther...
GAL LUFT We started the year at $42-a-barrel oil - that was a concern, but we could get past it. When we cros...
DAVID SOWERBY The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and...
KRIS LATHAN Global crude oil demand is increasing, particularly in places like China.
GARY MILLER The report was a big surprise. Crude oil seems very ample.
DARIUSZ KOWALCZYK The IEA release is obviously a bearish factor, a large portion of which consists of crude oil. Given...
MAKOTO TAKEDA There is ample crude around. The market is less worried about crude supply and increasingly concerne...
BRUCE EVERS The U.S. is currently under a crude oil mandate, because few if any other choices exist for our tran...
BRIAN JENNINGS There are fears in the oil markets of the continued supplying of markets with crude oil although the...
SHEIKH AHMAD We would like to deal with this firmly based upon our basic recognition that both...the nuclear non-...
SHINZO ABE We are not planning to release any government-controlled crude oil stocks at this time,
SHOICHI NAKAGAWA We are trying to keep the slot open for Mexican crude oil. It's the closest.
GLENN MCGINNIS It really doesn't matter to us. We can sell our oil anywhere.
NAWAF OBAID While (Wilma won't affect) the oil sector, expect the insurance, retail and construction sectors to ...
GEORGE LEAVEY [Much of Saddam's stolen revenues came from oil sales to Jordan, Turkey and Syria, which the U.S. go...
CARL LEVIN There's a chance for more (gasoline price) increases unless crude oil drops.
ART KINSMAN If crude oil remains high, sugar prices will not be far behind.
JAMES LEDESMA I think now that that is digested, people are looking at some reasonable values; our view is that cr...
BEN HALLIBURTON It seems that some of the pressure is off with oil, but you'll still have to look at where we are wi...
BERNIE MYSZKOWSKI The routes we operate have to be economically viable. With (crude oil) going from $40 to $60 (per ba...
DEAN BREEST It is very difficult to take call on the oil sector as it is driven by the global crude oil prices. ...
JAYESH SHROFF With the year-end and new-year retail sales showing good results, the market mirrors optimism about ...
TSUYOSHI SEGAWA Crude oil has had a big part in supporting the natural-gas market.
BRUNO STANZIALE Strong crude oil prices were generally lifting sentiment in the precious metals market.
AKIRA DOI We also saw a slight dip in inventories last week in crude oil.
ERIN ROTH It allows your car to run on straight vegetable oil just the same way you would on diesel, with very...
BRIAN FRIEDMAN Companies appeared to be cautious because of the possibility of spikes in crude oil prices which cou...
KENJI ARATA Damage similar to that caused by Ivan will push oil prices above $75. It took more than six months t...
AF ALHAJJI Companies appear to have turned cautious because of the possibility of spikes in crude oil prices, w...
KENJI ARATA We wanted to increase production, have better control over the various mix designs we produce, lower...
GREG ROHLF Although the market is also well supplied with crude oil and products, it was roiled by geopolitical...
EARL SWEET