Ed Maran
Ed Maran
appears capacity essential excess iranian lost markets meeting nervous oil production selling stop supply within
The oil markets appears very nervous about the Iranian situation. Iran's production is essential for meeting world demand. There is not enough excess capacity within OPEC to make up for the lost supply if Iran were to stop selling oil.
billion bit cap companies compare geographic gives less market risk size smaller terms whereas
Their smaller size gives them less diversification, less geographic spread. So you have a little bit more risk with them. Those companies are about $16 billion market cap companies, whereas BP Amoco is a $200 billion company. So you can compare BP Amoco to a GE in terms of its size and diversification.
actual excess increased members production translate whether wondering
Everyone is wondering whether the increased quotas will translate into actual new production. Many members of OPEC don't have excess production capacity.
assets company generally generation issue major production states united united-states
It would see to me the downstream assets of Texaco in the United States are the major issue here. Generally speaking, the upstream generation and production company doesn't have any FTC concern.