Quotations
Famous Quotations
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Bill O'Grady Quotes
«There are two important words to keep in mind: snow cover. Once there is snow on the ground it's hard to keep temperatures up. Also, there are no signs of a warm-up on any map I've been looking at.»
Author: Bill O'Grady
«The fundamentals for crude oil aren't that good. I might be able to justify prices in the $57-to-$58 range, but not between $60 and $61 a barrel.»
Author: Bill O'Grady
«The market is facing some seasonal pressure, but given the violence of the decline and the impending long weekend, I would not be shocked by a short-covering rally into the close.»
Author: Bill O'Grady
«Natural-gas prices peak in about the middle of December. That's because once you get past that point you begin to get a better feel for the idea that you're probably going to have enough gas to get through the season.»
Author: Bill O'Grady
«We saw prices double in 1979 and the early 1980s because of Iran. That's a fact, but it doesn't mean it will happen again. All we have to do is slow the country's development of nuclear weapons, not occupy the country.»
Author: Bill O'Grady
«I don't expect a conflict with Iran to be long or involved. And so, any inventory accumulation that boosts prices in the short-run could lay the groundwork for weaker prices down the road. I doubt the increase in stock levels is permanent.»
Author: Bill O'Grady
«I do think that the continued deterioration of the situation in Iran is having some impact on the market.»
Author: Bill O'Grady
«Anything that throws China off its growth path would affect commodities, especially crude oil. Look what severe acute respiratory syndrome [Sars] did to China for just a couple of quarters.»
Author: Bill O'Grady
«If the Nigeria news was happening alone it would do nothing to the market, but together with the risk of Iranian sanctions it takes on a greater importance.»
Author: Bill O'Grady
«This is a crude-led rally. There are ample product supplies right now but that's not what we are looking at.»
Author: Bill O'Grady