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This quote is just one of 9 total Fadel Gheit quotes in our collection. Fadel Gheit is known for saying 'Right now it's a squeeze play for oil industry, ... But if they can get by from here to February, I think the coast is clear.' as well as some of the following quotes.
Right now it's a squeeze play for oil industry, ... But if they can get by from here to February, I think the coast is clear.
I would say we'll probably see $70 (a barrel) again before we see $50 or $55 even. When the dust settles, we'll see that while Rita did not match Katrina in terms of impact, it significantly exceeded what's been reported.
The volume of lost production will be significantly greater than that lost under Ivan. Not one company that was affected has been able to restore its production 100 percent.
This is an industry in crisis. Every oil company will reduce their production forecast as lower spending will immediately be followed by lower production and lower reserve replacement.
Oil companies can see the winds have shifted even with Republicans in control of Congress. The White House is reeling. All of a sudden the industry does not have the strong backing it had six months ago.
This quote is just one of 9 total Fadel Gheit quotes in our collection. Fadel Gheit is known for saying 'Right now it's a squeeze play for oil industry, ... But if they can get by from here to February, I think the coast is clear.' as well as some of the following quotes.