It would surprise me if it became a big source (of financing).
Even another tropical storm could set the reconstruction back for months.
There isn`t a middle argument. It`s a finite resource. The only debate should be over when we peak.
The `twilight` of Saudi Arabian oil envisioned in this book is not a remote fantasy.
I am very concerned, given the destructive damage done by (Hurricanes) Katrina and Rita, that the United States must be closer to starting to see significant product shortages than we`ve seen since 1979.
This is the big story for these companies. They`re so big, they`re having a very hard time growing. The only thing they really know how to do well is buy back stock.
Everyone keeps thinking there is a (price) ceiling...There is no ceiling,
We moved the energy heart of America in the bullseye of hurricane alley. That is the story of Katrina,
Prices are really cheap today and they need to go a lot higher, and they probably will go a lot higher,
It was the only way to survive the era of unbelievably cheap oil.