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“The supply-demand balance is shifting. This is clearly the case with gasoline, and now things are getting a little looser with crude oil as well.”
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“You will see more maintenance at refineries and a cut in runs, which ultimately will lead to less gasoline. Imports will also drop off as prices move lower.”
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“The risk appears greatest for the gas names that have outperformed considerably over the last 12 months, even those with strong fundamentals.”
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“It could be better than the Barnett. It's in the early days, and I don't think the investment community's really woken up to that yet.”
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“I suspect you may see some slowing up if you go down to $5 gas in the next month. That will be a good test of how good they think it is.”
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“Three years out, they can recover much of the cash outlay.”
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