It comes down to how well refineries recovered from storm damage and how fast imports have grown. I am looking for an increase in refinery utilization but it should only be limited.

Bill O'Grady

Damage Fast Grown Imports Looking Recovered Storm

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This is the second week that imports dropped, which makes sense because we are choking on crude. We need another week of drops before I get too worried.

— Bill O'Grady

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If we don't get hit with another tropical storm in the Gulf, I think we have a good shot at seeing prices come off their highs.

— Bill O'Grady

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Ours was recovered, but there's so much damage to it.

— Heather Jensen

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If we were to see another major storm, we could have damage on damage.

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What is doing the damage is the fact that the U.K. is pulling in more imports, which shows the continued strength of the economy and the strength of sterling,

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