Beutel Proverbs

Found 106 quotes .
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"Traders remain extremely nervous about gasoline supplies, especially with the switch to ethanol nationwide." Peter Beutel
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"Prices seem to be in a trading range between $57 and $64. They are having difficulty moving beyond either of those borders." Peter Beutel
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Difficulty   

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"Last week's report showed builds in all three major categories, but we aren't expecting this week's report to be as bearish." Peter Beutel
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"I believe we are done with the with energy bull market," Peter Beutel
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Energy   

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"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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"The very fact that it was ignored is further proof that we are now in a bearish market. We feel that we may have kicked into a new gear on the downside." Peter Beutel
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Proof   

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"At this point it looks like $70 is squarely in the market's sights, and people are talking about it as a done deal. The likelihood is that if Katrina goes into the Gulf and we don't know exactly where it will make landfall, anyone short in this market Friday afternoon will panic." Peter Beutel
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"Unless Tropical Storm Maria follows in Katrina's footsteps, we may be able to look back on this weekend as the worst of a bad situation." Peter Beutel
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"We could be looking at gasoline lines and $4 gas, maybe even $5 gas, if this thing does the worst it could do," Peter Beutel
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"By Labor Day weekend, prices will be up 20 cents to 50 cents a gallon," Peter Beutel
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"The market is so jittery. If anything comes out of this that is in any way escalating the situation, I think prices will go higher." Peter Beutel
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"We are looking at prices dramatically higher than a year ago in some cases." Peter Beutel
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"Every time energy prices triple we have a major recession in 1½ to 2 years." Peter Beutel
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"We're still going to need to refine this oil into heating oil and gasoline before it really has an effect on us." Peter Beutel
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"We'll be looking at it (Greenspan's speech) a lot more closely than we normally do, but I don't know if we'd ever look at it the same bond traders do, ... To them everything he says is gospel. It's only once every couple of years we even know what he's saying." Peter Beutel
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Speech   

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"There's some apprehension about the report, ... If we don't see an increase in distillate inventories, traders are going to ask when we will before winter." Peter Beutel
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"The feeling was that Kerry might have tried to stop the restocking of the strategic petroleum reserve, and might have sold off reserves if oil got above $50." Peter Beutel
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"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
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"They have at this point ceased to be a meaningful cartel at these prices. The only reason they hold these OPEC meetings is have an excuse to get out of their own countries, go to Vienna and go on a shopping spree." Peter Beutel
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Reason   

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"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
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"It's a combination of petro-political fears. It's such a nervous market." Peter Beutel
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