Quotations
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Fadel Gheit Quotes
«I guarantee $3-a- gallon gas all over the country if we have any supply disruption anywhere in the Middle East.»
Author: Fadel Gheit
«The bulk of the replacement in the last three years was through acquisitions. The easy oil has been discovered.»
Author: Fadel Gheit
«We are entering the lowest demand period of the year sitting on huge levels of inventories.»
Author: Fadel Gheit
«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.»
Author: Fadel Gheit
«Traders are using the conflict to push prices higher. Everybody now is hiding behind the umbrella of the Iran nuclear stalemate, but we have to remind ourselves that Iran cannot afford to stop its shipment of oil.»
Author: Fadel Gheit
«Until and unless the stalemate with Iran is resolved one way or the other, I think we're going to see prices higher.»
Author: Fadel Gheit
«What he's saying makes a lot of sense. Unfortunately, the source of the comment is going to send jitters in the market.»
Author: Fadel Gheit
«Given the current market fundamentals we expect average prices for both oil and gas this year to be significantly above 2005 record levels. As a result, we expect 2006 earnings to be above 2005 record levels.»
Author: Fadel Gheit
«You put all these headlines together, you see the situation is getting charged up and getting out of control. That's why oil traders and speculators are having a field day - this is exactly the kind of environment that speculators want to operate in.»
Author: Fadel Gheit
«Demand continues to be relatively strong. Supply remains tight. And the global economy seems to be doing OK. As they say, no harm, no foul.»
Author: Fadel Gheit