Quotations
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Fadel Gheit Quotes
«The biggest disaster was the lack of information: The refineries - are they up or down? What happened to the platforms?»
Author: Fadel Gheit
«There isn't enough spare refining capacity around to offset these unpredictable events, ... We were stretched before the hurricane; the hurricane made a bad situation worse.»
Author: Fadel Gheit
«The infrastructure was already strained before the hurricane. The hurricane has made a bad situation worse.»
Author: Fadel Gheit
«The problem is not lack of oil supply. It's lack of oil refining capacity, ... You can give me all the oil you want, but our cars do not run on crude oil.»
Author: Fadel Gheit
«We have not even recovered from Katrina, so it would be another big blow.»
Author: Fadel Gheit
«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.»
Author: Fadel Gheit
«Exxon Mobil should be a core holding for long-term investors seeking superior risk-adjusted return.»
Author: Fadel Gheit
«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.»
Author: Fadel Gheit
«They're not taking any chances,»
Author: Fadel Gheit
«There are mandatory evacuations in the Galveston area, and most of the operating companies near Texas City are preparing to shut down completely by this Friday. They believe, at best, they will be shut down for three days, maybe as long as a week.»
Author: Fadel Gheit