Tetsu Emori Gulf Quotations

I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two.

Traders need to understand that the supply-demand situation is much tighter in fact, especially since U.S. Gulf of Mexico operations are still mostly down. Demand is still strong, and can only rise in coming months.

Everyone's just looking at Rita. It's more psychological right now. But if Rita comes to the Gulf of Mexico and disrupts supply, then we have a problem.

Production in the Gulf has risen dramatically and refinery input has also risen, these are good selling factors.

It looks quite unlikely that Katrina would affect the Gulf of Mexico facilities, and that's what's bringing the price down now as people start to take profits.