Headwinds will persist for most of the year. We’re still awash in crude oil. Patrick DeHaan More Quotes by Patrick DeHaan More Quotes From Patrick DeHaan To see several refineries have unexpected outages at the same time, it's not normal. Patrick DeHaan top-news I absolutely think it's likely that the West Coast will see more of a pricing impact than other regions since they're more tied to Saudi imports. Patrick DeHaan business I don't yet think any area will see 'spikes' because of the attacks, but it certainly could become that if Saudi Arabia production doesn't return to 90% of normal very quickly. Patrick DeHaan business Especially in California, there has been some level of sticker shock, it would not surprise me if some of the pictures of people getting out and dusting off their bicycle are accurate. Patrick DeHaan top-news We’re looking at a competitive oil market that should continue to be oversupplied next year, we should see three to four months of healthy growth in demand next summer, but the [International Energy Agency] is anticipating that supply will be higher than demand. Patrick DeHaan latest-headlines If gasoline prices fall even further, we could be in for brisk summer at the pump. Patrick DeHaan energy
