Fadel Gheit
Fadel Gheit
recovered
We have not even recovered from Katrina, so it would be another big blow.
energy few maybe names services
maybe sprinkle a few names from refining, marketing, some independent stocks, and energy services stocks.
bring cents gasoline prices three within
I will say it will bring gasoline prices down substantially within two to three weeks. I would say by 20 cents at least or even more.
currency deal extremely good stock
I think Exxon would probably have to sweeten the deal with some cash, but Exxon stock is an extremely good currency for Mobil shareholders to hold.
demand few given last preview scare
We've given them enough of a scare the last few days, a preview of things to come when demand is not strong,
almost capacity cent houston impact mile per radius remember within
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,
companies everybody lady seeing waiting
We're already seeing some companies yielding to pressure. But everybody is waiting for the big lady to sing, which is Exxon.
believe eventually oil price question
I do believe we are in an oil price bubble. It will eventually burst. The question is not if but when.
bad hurricane situation
The infrastructure was already strained before the hurricane. The hurricane has made a bad situation worse.
buying money throwing totally unpopular
These governments are totally unpopular and repressive. The only thing they have going for them is buying stability, throwing money at their friends and enemies.
bigger business engagement periods short temporary
Alliances are temporary engagement periods and are short of a merger, but they get in the way of the business and are distracting from bigger and better things.
damage hurricane rita
The damage from Hurricane Rita has been significantly under-reported.
damage hurricane rita
The damage from Hurricane Rita has been significantly underreported,
both market nature tremendous
The market always overreacts. That's the nature of the beast. There's tremendous speculation both on the way up and on the way down,