Last quote by Fadel Gheit
Fadel Gheit quotes
The oil industry needs a minimum amount of investment to keep oil supply in line with demand. Even if the demand in China is not as strong as we thought ... the current investment right now would not be sufficient enough to bring additional production to meet global demand.
This time around it's real fear and I don't know if releasing 10 or 15 or 20 million barrels of strategic petroleum reserve will calm the market fears.