It's much more of a world market with oil.
More Quotes from John Felmy:
We make 8-9 cents on the dollar, less than banks or pharmaceutical companies. It's a fair return for the risks we take.John Felmy
It is important to do no harm. The worst thing Congress could do now would be to repeat the mistakes of the past by overriding the structures of the free marketplace (by) imposing new controls, allocation schemes, new taxes on industry or other obstacles.
John Felmy
Some people and politicians who have been attacking the industry seem to think that our companies are owned by space aliens. It's as though simply taking money from or criticizing a company is not going to affect millions of Americans who have invested in it.
John Felmy
We've been producing record amounts of distillate fuel but what we've seen in ... New England, which is a primary consumer of heating oil, we've seen our inventories of primary storage shoot up to something like 50 above average,
John Felmy
I've got grave concerns, ... I thought we had learned this lesson 25 years ago.
John Felmy
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