74 Quotes by Peter Beutel

Prices to me seem to be sick. I don't know if it's something to do with the economy. The fact that they're acting so sick, that they've fallen down and they can't get up is telling me that it may be something structural.

Prices seem to be in a trading range between $57 and $64. They are having difficulty moving beyond either of those borders.

This is a postcard from another country. If only we could have kept these numbers without the hurricane, this would have been a real sign of hope.

This is the big one. This is unmitigated, bad news for consumers.

This has absolutely nothing to do with supply and demand.

American consumers spent nearly $10 billion more last week on energy than they did in the same week three years ago. That's not sustainable.

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.

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.

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.