Thomas Bentz Market Quotations

Anytime we have refinery issues, the market just takes off again. We're back in the uptrend.

All of the crude in the world does not turn the crude into product. It still has to be refined. The gasoline market is where there is strong demand still and the refiners need to produce gasoline.

It's a very powerful bull market right now. The real concern is whether OPEC can make up for any interruptions in supplies. The problem is that we've lost our security cushion. A potential loss in Iranian oil would be impossible to replace and could send oil to $100.

The market is so bullish that it's in accelerator mode. It's feeding on itself. Seventy dollars looks like an achievable target without too much difficulties.

The market is so bullish that it's in accelerator mode. It's feeding on itself; $70 looks like an achievable target without too much difficulty.