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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. - Peter Beutel

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Post | Katrina | High | Long | Time |

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We can debate what percentage of the profits should be plowed back into the company and what percentage belongs to the shareholders. Not being a shareholder, I'd prefer to see them err in the direction of spending a larger portion on refineries and new (oil and gas) fields and infrastructure. - Peter Beutel

You don't make a top when things start to look bearish; you make it when things look bullish. - Peter Beutel

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