The good news is that with the 30 million-barrel sale of SPR oil, I don't think we will have much of a deficit in crude oil production.
More Quotes from Marshall Steeves:
There's a bit of concern that demand has been destroyed as a result of the high prices. That was reflected in the OPEC report Thursday that revised down demand growth.Marshall Steeves
will take time to filter down.
Marshall Steeves
The news that Saddam's sons may have been killed gave traders a feeling that things would be a little bit more settled in that nation,
Marshall Steeves
Oil prices have consolidated in the upper 60s. There's a balance between the supportive geopolitical concerns respecting Nigeria and Iran, verses the bearish influence of excess crude supplies and warm U. S. winter weather.
Marshall Steeves
Nobody knows the full extent of the damage, ... The speculation is that it will be worse than Ivan, but we won't really know for days, until oil companies get personnel out there and survey the damage.
Marshall Steeves
After Hurricane Ivan, it took several weeks to know the full extent of the damage to seabed pipelines. Some people are quite worried that this time could be worse because of the strength of Katrina.
Marshall Steeves
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Based on Topics: Media & News QuotesBased on Keywords: million-barrel, spr
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I was in relationship with a guy who was much older than me - either he was past his prime and I was coming into mine. There was nothing I could do to keep his attention.
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Nick Park