74 Quotes by Peter Beutel

Right away, nationwide, we're going to see an increase of gas prices of 12 cents. We'll see it almost everywhere by Tuesday. In addition, sometime between St. Patrick's Day and the end of the month, I expect to see an additional 12 cents. This is extraordinarily bad news for the consumer.

One of the big problems is that it seems there's no supply to see us through the end of the year.

If we come back on Monday and there is no new hurricane and Wilma has not done any damage to oil and gas production, then I think traders will be selling almost in relief,

I believe we are done with the with energy bull market,

I don't think it's going to stop prices from going where they want to go. Something needed to be done, and I think he did all he could. But much of it is symbolic.

If we pass on the full extent of national gas prices they could be double their level last winter.

If we lose one refinery for two or three weeks the sky's the limit (for oil prices).

Having one beneath Texas would be an unmitigated disaster.

It is a country interested in growing rapidly, and one of the big bottlenecks in its growth has been energy. If it was suddenly trying to buy 1.5 million barrels today, it'd sop up most of the surplus right now.