Fadel Gheit
Fadel Gheit
damage hurricane might
The hurricane might not have to damage refineries to keep them off line.
exceeded gulf highest hurricane impact mexico path
The hurricane impact significantly exceeded everybody's highest estimate. Being in the Gulf of Mexico and being in the path of the hurricanes, there's nothing you can do about that.
maintain
All they want to do is maintain the same speed.
beginning energy rising
All these things are beginning to show up. When you have rising energy prices, something has to give. It's not going to go unmatched by costs.
add buy companies control dividends earn excite free gas grow hard investors likely oil raise ride rising work
The companies will have to work hard to earn their performance. They are not going to get a free ride on the back of rising oil and gas prices, which are likely to be flat. What will excite investors are those companies that are able to grow production, add reserves, control costs, raise dividends or buy back stock.
additional coming demand entering factor focused high market oil period products start summer supplies therefore
The market is therefore focused on two things: No additional supplies coming from OPEC. The other factor is that we should be entering what is a high demand period for oil products with the start of the summer season,
companies
All these companies have so much money, they don't know what to do with it.
betting dent energy future investors meaningful ranch sources unlikely
All these alternative energy sources are unlikely to make a dent in the big picture. It's going to be many, many years into the future before we see any meaningful results. I don't think any real analysts or investors are betting the ranch on hydrogen.
drop high prices unusually
The drop in prices correlates with unusually high temperatures in the Northeast.
action against appear calmed conduct easing east eliminated immediate market middle military oil plans point second
The easing of the tensions in the Middle East has calmed down the oil market and there appear to be no immediate plans to conduct military action against Iraq. So that has eliminated the second point of worry,