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Gerard Burg Quotes

We're now in wait-and-see mode. It could be weeks before we know the full extent (of damage), but given how easily $70 was reached, it's not out of the question that $80 could be the next barrier if there's long-term damage. - Gerard Burg

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It's not out of the question that 80 dollars could be the next barrier if there's long-term damage. - Gerard Burg

The upward revision in prices is made tentativelygiven the lack of fundamental support for current high prices and the traditional volatility of speculative funds. - Gerard Burg

Certainly the fundamental picture doesn't look particularly strong. Stocks in the U.S. are still very high, and while forecasts I've seen for weather for next week suggest it should be considerably colder, heating oil stocks look as if they should be sufficient to last through the winter. - Gerard Burg

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