Andy Harrington may refer to: (wikipedia)
People are already worried about supplies for the driving season, even this early on. There's going to be a price reaction if there are any signs of shortages.
Geopolitical factors will continue to influence prices. The growth in the level of stocks might be put aside by investors as they have done over the past month if more negative news emerges from the Middle East or Venezuela.
I think prices are reacting again to the situation in Nigeria, with Eni reporting attacks on its pipeline.
The cost of producing more from mines and processing plants needs to be weighed in terms of costs when boosting production, but no mining company in its right mind would be holding back if it didn't have to.
People talk about stocks being relatively high in terms of the five-year averages, but it's not as rosy as those numbers suggest because the size of the economy, and therefore demand, has grown. There's still a perceived tightness in the market.
The push is on for commodities and that's being led by strong demand, but the trick is in picking the end of the cycle.
This appears to be a more coordinated and organized series of attacks. Prices have room to go up $3 or $4 a barrel.
There are a couple of countervailing forces in play.
Prices have been rarely, if ever, this high. Now is the time to make hay.
We're gonna be looking at making sure that the delivered price of natural gas is at levels that insure customers have the level of savings that they've been looking for.
