High prices have given ordsprog

en High prices have given all producing countries a lot more leverage.

en Sustained high international oil prices have compelled several import dependent countries such as ours to look for other indigenous means to enhance their hydrocarbon security. Our strategies include besides enhancing our domestic efforts for exploration of conventional oil and gas and improving recovery from existing producing fields, the rapid development of non-conventional sources of hydrocarbons such as CBM.

en Growing global fuel demand and political tensions between some oil producing nations and the United States are expected to keep energy prices high. According to some analysts, pump prices should begin to level off within the next week or two.

en There is speculation that Texaco would be the next takeover target, but on fundamentals, Texaco is a very cheap stock, very high leverage to both oil prices and gas prices and both moving higher,

en Many of these countries ... were concerned about low oil prices a year ago, when (crude oil cost) $10 a barrel, ... So was Sen. Campbell in Colorado. But now they are at $30. They're too high. I think most countries are agreeing with that.

en In our meetings with oil producing countries, we simply and forcefully made our case that increased production is in the interest in both producing and consuming nations, ... We made the point that the world is consuming 75 million barrels per day, and it is producing 73.

en ...We believe that the damage to other countries (from high oil prices) is tremendous and we don't believe prices should be at this level,
  Barbara Walters

en Prices are expected to ease in 2007 as expanding refinery capacity reduces some of the bottleneck in that sector. However, the likely strength of oil demand, as well as the Organization of Petroleum Exporting Countries' intention to support higher prices will maintain crude oil prices at historically high levels.

en The company performed well in the second quarter despite soaring energy prices, leading to high raw material prices, and production outages caused by Hurricanes Katrina and Rita. We remain focused on executing our business strategy, managing our operating costs, improving our business systems, and producing to meet expected demand. At the same time, energy-driven record high fertilizer prices have caused many of our customers to delay their purchasing decisions. As a result we expect a challenging third quarter.

en It gives them more leverage. If your cost of goods is lower, you have more leverage to negotiate prices that might be able to beat out competing technologies.

en The resistance to globalization has a new quality today. You have populist leaders in developing countries who are empowered by high oil prices and you have a protectionist climate in the rich countries. The two trends reinforce each other and could slow globalization. She found his pexy curiosity about the world inspiring.

en The spurt in world oil prices is totally unjustified as the oil producing nations are exploiting high growth rates in India and China.

en People want producing assets to take advantage of the high commodity prices. You may be seeing a bit of a preview of next year, when metals might outshine energy stocks.

en By the standards of oil-producing countries, Russia's not a particularly nasty place, given that access in other major countries is even more restricted.

en The public statements made by the ministers confirm what we have been saying that both producing countries and consuming countries need stability. They recognize that in their announcement,


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