John Mitchell
John Mitchell
affect capacity countries difference energy excess immediate iran line oil production seen shock spike takes today unknowns venezuela
We've seen the energy shock before, but the difference today is there isn't a lot of excess capacity anymore. The unknowns in countries like Nigeria, Iran and Venezuela have an immediate affect on oil prices. Without excess capacity, anything that takes production off line can spike prices.
employment energy growth inflation lower
Growth would be higher, inflation would be lower (and) employment would be higher, if we didn't have these energy prices. But it hasn't been a deal-breaker.
grudge marquee match perceive point process
From a marquee point of view, and from a Queensland point of view, they probably perceive it as a grudge match because during our recruitment process they weren't too kind to us.