There is no doubt that if Iraq torches oil wells there will be a huge amount of business for these companies. But this is a very speculative investment.
More Quotes from Dan Pickering:
We are still in the soap-opera phase where everyone is still wondering what is going on. The next 24 to 48 hours, as the companies get out to see if there has been any damage, are really going to determine how significant this is.Dan Pickering
That's important because if you shut them down according to a plan, then you can bring them back faster than if you do an emergency shut down. We are learning a little bit from Katrina. We are more prepared.
Dan Pickering
Our gasoline system is not meant to handle everyone filing up their tank at the same time.
Dan Pickering
You have two conflicting forces. People might be concerned about what the attacks will do to Europe's economies and if that will mean lower demand.
Dan Pickering
No news is bad news. Only 10 to 15 percent of (Gulf of Mexico) shut-in production is associated with permanent damage, so majority appears stuck behind infrastructure.
Dan Pickering
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Investment QuotesBased on Keywords: torches
I do think that we are facing a crisis in our democracy. As true patriots, each and every one of us has to speak up, speak out, and change those in charge. Our democracy depends upon it.
Robert Greenwald
Salazar's record is one of weakness; he hasn't been a good attorney general.
Bob Schaffer
Basically, my problem was attributed to stress more than anything. I don't know what that does and I guess doctors can tell you that there's chemicals that build up in your system when you go through a lot of stress and constant stress.
Mike Ditka