Tuesday, March 9, 2010

Gasoline May Reach $7 a Gallon by 2020

Morrow Says Gasoline May Reach $7 a Gallon by 2020

March 9 (Bloomberg) -- Ross Morrow, a professor at Iowa State University, talks with Bloomberg's Lori Rothman about the possible impact of U.S. climate-change legislation on gasoline prices. Morrow also discusses the implications of higher prices for the U.S. economy. (Source: Bloomberg)



Golden Moment of Oil Refining Is Over says Fadel Gheit, managing director of oil & gas research at Oppenheimer

Fadel Gheit Says `Golden Moment' of Oil Refining Is Over

March 9 (Bloomberg) -- Fadel Gheit, managing director of oil & gas research at Oppenheimer & Co., talks with Bloombergs Julie Hyman and Mark Crumpton about the outlook for oil refiners. Chevron Corp., the second-largest U.S. energy company, plans to sell its only remaining European refinery, cut 2,000 jobs and shed assets in the Caribbean and Central America to stanch losses from its fuel-making business. (Source: Bloomberg)


Monday, March 8, 2010

Oil Heading to $90 thanks to emerging Markets and tensions in the Middle East says OGrady

O'Grady Says Oil at Mid-$90 Mark `Distinct Possibility'


March 8 (Bloomberg) -- Bill O'Grady, chief market strategist at Confluence Investment Management, talks with Bloombergs Mark Crumpton about drivers of the oil market and the outlook for prices. O'Grady also discusses the appeal of investing in commodities over currencies in the current environment. (Source: Bloomberg)



OIL & GAS MARKET