We're going to have to take the full brunt of the negative impact in the marketplace, ... In a market environment you cannot have an imbalance between supply and demand, so price is your rationer. ... The price has to go up enough to destroy enough demand to bring things back in balance.
More Quotes from Larry Goldstein:
I don't think we define our lives by our illness. We define ourselves by how we live.Larry Goldstein
You have to understand, prior to the hurricane, gasoline stocks were already very low. We were already in a precarious situation.
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It's cool science. It broadens the debate. But it will solve problems for some, and make problems for others.
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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.
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That's a region where you're seeing a real growth in population.
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Based on Topics: Balance QuotesBased on Keywords: brunt, imbalance
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