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Letter "P" » Peter Beutel Quotes
«It now looks like the post-Katrina high will be the top for a long time. Although the supply picture is the worst it has ever been, the weakening demand picture is an even bigger worry. Demand is shifting underfoot as high prices are felt by consumers.»
Author: Peter Beutel
«If demand is not going to fall and keep on falling, then supply moves back into the driver's seat in this market.»
Author: Peter Beutel
«It is a powerful storm with the potential to cause a great deal of damage, but it looks extremely unlikely that this storm will threaten the offshore oil and gas producing regions of the Gulf.»
Author: Peter Beutel
«With oil stocks so low, there's a huge amount of concern.»
Author: Peter Beutel
«A combination of cold weather and good economic numbers has sent us higher. This week's data shows that the economy hasn't buckled under the pressure of high oil prices.»
Author: Peter Beutel
«We're still going to need to refine this oil into heating oil and gasoline before it really has an effect on us.»
Author: Peter Beutel
«This has absolutely nothing to do with supply and demand.»
Author: Peter Beutel
«There is a lot of new money coming into the market. With the Iran nuclear standoff and the threat of Nigerian supply disruptions there is a lot to worry about.»
Author: Peter Beutel
«We'll be looking at it (Greenspan's speech) a lot more closely than we normally do, but I don't know if we'd ever look at it the same bond traders do, ... To them everything he says is gospel. It's only once every couple of years we even know what he's saying.»
Author: Peter Beutel
«You don't make a top when things start to look bearish; you make it when things look bullish,»
Author: Peter Beutel
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