159 ordspråk av Fadel Gheit

Fadel Gheit

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 We are entering the lowest demand period of the year sitting on huge levels of inventories.

 We are not insulated from the rest of the world, like it or not.

 We are only scratching the surface. In my view, this company is hitting on all cylinders.

 We could say we were releasing oil to drive prices down until they get to $25 a barrel, ... Then OPEC could say it'll cut production to keep prices up. It's a very delicate subject to tinker with.

 We could see the market getting tight in the event that we have a really cold winter.

 We could suddenly have oversupply and weaker demand, and that will probably bring oil prices down on their own,

 We created a panic situation by reading too much into the empty threats, and when these threats started moving prices higher in anticipation, then the U.S. put its foot down and said even if Iraq stops world export, we are prepared to take all the necessary measures to make sure there is plenty of supply.

 We have not even recovered from Katrina, so it would be another big blow.

 We have to remember here that almost 25 per cent of our refining capacity is concentrated within a 15 to 20 mile radius from the Houston area, so any impact could be substantial,

 We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.

 We reiterate our buy rating, as we believe the upside potential is greater than the downside risk from sharply lower oil prices given the strong demand, tight supply and lack of spare capacity.

 We think they're going to do a huge, huge second quarter. They're printing money, basically.

 We're a bunch of crybabies. They pay the equivalent of $6 a gallon for gas in Germany.

 We're already seeing some companies yielding to pressure. But everybody is waiting for the big lady to sing, which is Exxon.

 We're giving the patient the wrong medicine. The problem is not the lack of crude oil.


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