Gene McGillian

Gene McGillian has been quoted 14 times in 9 different articles. On this page, you will find all of Gene McGillian’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Gene McGillian speaks about are OPEC and Saudis, for example. Most recently, Gene McGillian was quoted in the article Mexico to the rescue of U.S. frackers saying, “This is all new. Last year for LNG, we didn't export liquefied natural gas, and Mexico pipeline natural gas, you go back five years and it was very small.”.

Gene McGillian quotes

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This is all new. Last year for LNG, we didn't export liquefied natural gas, and Mexico pipeline natural gas, you go back five years and it was very small.

I think a lot of the lack of winter has been priced in. We are expecting increased demand from the export sector and also increased industrial demand this year, and the export LNG and Mexican pipeline are basically the two drivers. Industrial demand is only expected to be up a couple hundred bcfs. We're reaching levels where it's uneconomic to run coal plants and that should pick up gas demand.

We're up 65 cents in less than two weeks, all on that call for the return of colder weather. I think the market might have gotten ahead of itself.

It's a pretty clear case of where we're going to be testing the $40 mark.

The headlines that seem to be getting the most attention are they're worried about demand growth.

The idea that [oil] is going to crater before the election, I don't know that that's a real strong possibility. It looks like we're getting ready to test that $43 low we made. If we get below that, there's higher odds we could push toward $40.

I think there's a realization there doesn't seem to be any change by the Saudis coming, at least that people can bank on.

When you look back at how high gasoline inventories remain after what was a record driving season, if crude oil prices come under pressure, gasoline prices will remain with them. I don't know how you could make a case for gasoline prices to rise when inventory levels are where they are.

If you get another increase or a bigger increase than people are expecting, I would think oil would turn around on the idea that producers are going back to the fields.

I think that's what's happening since it looks like the drop in crude imports takes a lot of mystery out of why we see this massive drop in inventories.

I think we'll see more volatile trading ahead of the OPEC meeting.

I think you need to see more than one week of this to get worries about oversupply out of the market.

If it's accurate, I think it will start to ease fears of oversupply in the market. There's apprehension of crude restocking as we exit the gasoline season and we exit strong demand.

I think the idea they will have a production freeze agreement is dwindling.

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