Geoff Kieburtz
Geoff Kieburtz
add beginning capacity created demand expanding growth higher likely prices quickly rapid rate rising supporting
Rapid demand growth has created capacity constraints that are supporting higher prices and expanding margins. Investments are beginning to add capacity, but at a rate that will likely be absorbed quickly by rising demand.
actual appear expected gas oil plans prices rise spending steady
You've had not only a steady rise in actual oil and gas prices, but you have had a steady rise in the expected oil and gas prices by the companies. Spending plans appear to be robust.
capacity industry throughout
Capacity constraints throughout the industry have become severe.
coming demand industry logical natural oil pricing response seeing signals strong worldwide
What we are seeing here is the very natural and logical response of this industry to the pricing signals coming from the worldwide market. There is strong demand for their products: oil and gas.