By Labor Day weekend, prices will be up 20 cents to 50 cents a gallon,
More Quotes from Peter Beutel:
It's less than 30,000 barrels a day in a country that consumes 21 million. That's not even rearranging a single deck chair on the Titanic. But psychologically, it has some effect.Peter Beutel
Everyone is worried it's going to be a very consumption-oriented fall and winter, and that's what's pushing prices higher.
Peter Beutel
It now looks like the post-Katrina high will be the top for a long time. Although the supply picture is the worst it has ever been, the weakening demand picture is an even bigger worry. Demand is shifting underfoot as high prices are felt by consumers.
Peter Beutel
It doesn't make a whole lot of sense to me. It's hard to tell at what point consumers will start to balk. It defies the laws of economics.
Peter Beutel
We can debate what percentage of the profits should be plowed back into the company and what percentage belongs to the shareholders. Not being a shareholder, I'd prefer to see them err in the direction of spending a larger portion on refineries and new (oil and gas) fields and infrastructure.
Peter Beutel
A combination of cold weather and good economic numbers has sent us higher. This week's data shows that the economy hasn't buckled under the pressure of high oil prices.
Peter Beutel
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Steven Wright
At one time I thought the Editor of the Lancet would kindly publish a letter from me on the subject, but further reflection led me to doubt whether so insignificant an individual would be noticed without some special introduction.
William Banting
I've always thought of myself as being extremely lucky. The idea is to keep that luck going. Headlining the Stanley was a real kick. I think it's the type of thing I could get used to.
Donnie Iris