Quotations

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Doug Leggate Quotes

«There is no shortage of actual physical supplies; what there is is a shortage of spare capacity.»
Author: Doug Leggate
«There seems to be a greater tolerance in the economy in terms of what can be withstood.»
Author: Doug Leggate
«I don't think $65 oil is sustainable in the long term. There will be a reaction from either the supply or demand side.»
Author: Doug Leggate
«Any storm going through the Gulf is going to slow the pace of the recovery from Katrina.»
Author: Doug Leggate
«It doesn't take long in this price environment for these deals to pay for themselves.»
Author: Doug Leggate
«While stocks once again saw significant draws, the market's focus is currently set on seemingly weaker demand.»
Author: Doug Leggate
«We continue to view near-term sector weakness as more opportunity than risk as we head toward winter.»
Author: Doug Leggate
«The second half of last year we started to see another list of projects in place. It is in a lucrative position with one of the strongest production profiles in the sector with very attractive margins as well.»
Author: Doug Leggate
«Evacuations have already started, which is going to disrupt production. Any storm going through the Gulf is going to slow the pace of the recovery from Katrina.»
Author: Doug Leggate
«The dynamic shifted this year. There was a growing perception that supply was running out. The doomsday scenario that stated OPEC couldn't meet demand and the Saudis wouldn't be able to increase output gained traction.»
Author: Doug Leggate