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Letter "P" » Peter Beutel Quotes
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«Price declines could be slow this week, maybe with a bubble burst at some point in the future. It does appear we've turned the corner here in this market. I don't think we'll see prices at these levels again anytime in the next five years.»
Author: Peter Beutel
«We could be looking at gasoline lines and $4 gas, maybe even $5 gas, if this thing does the worst it could do,»
Author: Peter Beutel
«If I had to write a script for the worst thing that could happen, Katrina would have been the first part of it, but to also imagine a Rita ? this is Murphy's Law.»
Author: Peter Beutel
«This is all about Tropical Storm Rita ... obviously, the last thing that this market needs is for a hurricane to hit the western gulf where it didn't hit last time.»
Author: Peter Beutel
«The good news is, we have a week to get ready. The bad news is that the market has all week to react.»
Author: Peter Beutel
«I don't see how anyone could approach it with any kind of rationality or logic left.»
Author: Peter Beutel
«It doesn't make a lot of sense to me. With what's been going on the past few days, it's hard to see a solid reason why prices should be higher today. It's disturbing.»
Author: Peter Beutel
«If we lose one refinery for two or three weeks the sky's the limit (for oil prices).»
Author: Peter Beutel
«Having one beneath Texas would be an unmitigated disaster.»
Author: Peter Beutel
«It's going to take a long time before we know exactly how to look at this, what effect Katrina is having long-term. I would like to say for now at least the worst is behind us. What tomorrow brings, particularly on the weather front, remains to be seen. We're still in a tight situation.»
Author: Peter Beutel
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