Fadel Gheit
Fadel Gheit
comment saying send source
What he's saying makes a lot of sense. Unfortunately, the source of the comment is going to send jitters in the market.
believe buy downside given greater lack lower oil potential prices risk spare strong supply tight upside
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.
barrels environment exporter increase investment iraq largest million next oil production year
With the right investment environment and under the right government, Iraq could increase production by a million barrels a day every year for the next 10 years, ... It could be the largest oil exporter in the world, eclipsing Saudi Arabia.
iran prices resolved unless until
Until and unless the stalemate with Iran is resolved one way or the other, I think we're going to see prices higher.
weapon
The only weapon they can use is oil.
good news quarter
The only good news about the first quarter is that it's over,
thunder
BP is more fat. Exxon is all muscle. Exxon stole the thunder this quarter.
ceos copied duplicate everybody lee raymond standard
Lee Raymond really set the standard for other CEOs in the industry. Everybody else copied Lee Raymond, but you can't duplicate what he's done.
insulated rest
We are not insulated from the rest of the world, like it or not.
companies cuts job merge option seek
The only option for these companies is to merge and seek yet more job cuts and savings.
movies perfect rally watching
This rally is the perfect storm. It's surreal, it's like watching a movie.
crude giving lack patient problem wrong
We're giving the patient the wrong medicine. The problem is not the lack of crude oil.
concerned delicate major people supply
We're still in a delicate balance, with people still concerned about a major supply disruption.
cake earnings prices unless
Unless (energy) prices collapse, earnings in 2006 will make 2005 look like a cake walk.