We didn't have a surplus of refining before Katrina. There is basically no slack left in the system, and you don't have to have a Katrina-type impact to have a devastating impact on the industry right now.
More Quotes from Larry Goldstein:
It depends on what cell lines are made available. I am for anything that broadens the opportunity for scientists to conduct research on stem cells. But the devil is in the details.Larry Goldstein
Heating oil prices will be influenced by the weather but its price will mainly be lower this winter because of the overproduction of crude oil.
Larry Goldstein
One other risk factor for a big stroke is a little stroke, a transient ischemic attack. About 1 in 10 people who have these spells has a major stroke within three months. The signs are similar, but the trouble is they come and go so quickly that people tend to dismiss them, ... That's the exact wrong thing to do.
Larry Goldstein
It's a new version of the butterfly effect. A hurricane in the Gulf of Mexico can lead to higher prices around the world. That's how vulnerable oil markets are today to events outside of our control. And it shows how little room there is for errors.
Larry Goldstein
The market is looking for good news wherever it can find it,
Larry Goldstein
The companies want to invest their dollars. But just spending money doesn't mean you'll find more oil.
Larry Goldstein
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce QuotesBased on Keywords: katrina-type
I believe a man is better anchored who has a belief in the Supreme Being.
James Cash Penney
I've never wanted to be the ingenue.
Debi Mazar
I was born to play baseball.
Roberto Clemente