26 Quotes by Larry Goldstein

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.

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

Since we can't increase supply, you have to dampen demand. Over the next week to 10 days, prices are going to dramatically increase at the pump. Consumers are going to be very angry and frustrated. You're looking at not pennies, not nickels, but quarters - more than one.

But given the low level of inventories, strong global demand and lack of a cushion, we believe the market still has and will continue to have an upside risk.

Goldstein said. ''There does seem to be some lessons learned. Whether they are economic lessons or political lessons, or some combination of the two, I don't know.

Markets that used to move by nickels and dimes, are now moving by a dollar.

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.

We were looking at whether the initial cognitive impairment predicted or was associated with how they improved in terms of their general neurological impairment. It turned out that, at least in this population, it didn't really matter. The rate of improvement was similar, regardless of whether they had a cognitive impairment at baseline or not.

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.