This rally is the perfect storm. It's surreal, it's like watching a movie.

The drop in prices correlates with unusually high temperatures in the Northeast.

If we don't have a particularly cold winter, we won't see prices rise dramatically.

Speculators pushed the prices beyond even the most bullish estimates, because they exaggerated (supply shortage fears), but now I think we see the party's over.

The only option for these companies is to merge and seek yet more job cuts and savings.

One million barrels is nothing, it's like a rounding error, ... One vessel could arrive tomorrow carrying one or two million barrels of crude.