Peter Beutel Quotes

"Having one beneath Texas would be an unmitigated disaster."

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

"Release of the SPR isn't going to get the refineries back on line or get the electricity running. Releasing the SPR is the best we can do, which is a sad commentary on our preparedness for this kind of disaster."

"It doesn't make a lot of sense to me. With what's been going on the past few days, it's hard to see a solid reason why prices should be higher today. It's disturbing."

"The market has effectively discounted most of the risk of the situation already."

"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."

"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."

"It is a powerful storm with the potential to cause a great deal of damage, but it looks extremely unlikely that this storm will threaten the offshore oil and gas producing regions of the Gulf."

"There's tremendous potential for spikes we've never seen before."