Click here

Gerard Burg Quotes

Prices are expected to ease in 2007 as expanding refinery capacity reduces some of the bottleneck in that sector. However, the likely strength of oil demand, as well as the Organization of Petroleum Exporting Countries' intention to support higher prices will maintain crude oil prices at historically high levels. - Gerard Burg

Tags

Prices | Expected | Ease | 2007 | Expanding |

Random

The market is not really factoring in the true impact of military action but the mere mention of it sends prices higher. - 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

We see prices continuing to rise during the year but the real question is whether we have pushed up a bit too high with speculative interests. I wouldn't be surprised if it came off a little. - Gerard Burg

Random Authors

Arlen Specter | Hunter Collins | Matthew Buckland | Terry Tempest Williams | Jimmy Brown | Bob Coble | Joe Perry | Steven Simon | Dan Webb | Dorothy Lord |