Larry Goldstein Quotes (16 Quotes)


    The one thing the market doesn't have is time and the administration reacted expeditiously this time. This was good.

    That's a region where you're seeing a real growth in population.

    The first line of defense used to be drawing on stocks, and the last was price. Today, there's not enough spare crude or refining capacity. So, there's only price that's left as the defense mechanism.

    It's cool science. It broadens the debate. But it will solve problems for some, and make problems for others.

    You have to understand, prior to the hurricane, gasoline stocks were already very low. We were already in a precarious situation.


    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.

    The market is looking for good news wherever it can find it,

    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.

    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.

    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.

    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.

    A larger company that acquires it can eliminate a lot of overhead and make it immediately profitable.

    I don't think we define our lives by our illness. We define ourselves by how we live.

    The hope is it will be helpful. (But) what we believe in our heart of hearts often is wrong when it gets into a randomized trial.

    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.

    The companies want to invest their dollars. But just spending money doesn't mean you'll find more oil.


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