Oil above $70 and the threat of a weakening U.S. economy are going to shake out those hangers-on in all markets. Oil affects just about everything, from companies' costs to consumers.
Angus Gluskie
Related Oil markets are already reacting. We've already seen that Iran is willing to talk about using oil as... IAN BREMMER Higher oil prices will raise material costs and that is a blow to the U.S. economy. Exporters are th... ATSUSHI OSA Those high oil prices are a burden on U.S. families, on firms' production costs. But the good news i... BEN S. BERNANKE Every negative development in the oil price slams the energy stocks. Oil companies are increasingly ... JAN LEROY A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to ... GEOFF LEWIS High oil prices hit American consumers more sharply than Europeans. I am concerned that companies wi... MARIANO SANCHO We are certainly seeing the influence of higher oil prices on the U.S. economy. KOICHIRO SUZUKI Factors in the U.S. will keep moving oil prices. The U.S. will continue to import oil products to fe... HISAO SATO If oil stays around $60, it shouldn't stop the S&P 500 from climbing, considering the strength of th... JACQUES PORTA oil prices have become certainly a threat to the world economy. RODRIGO RATO People are really just focusing on oil prices and using models to figure out what the impact will be... AZIZ MCMAHON Oil prices have certainly become a threat for the world economy. RODRIGO RATO There are growing concerns that oil companies are making too much in profits at the expense of consu... PETE DOMENICI I expect the integrated oil sector to help support the market if it goes down. Aside from the fact t... BRUCE LANNI These oil companies are making profit hand over fist as consumers are suffering. ANNA AURILIO All this talk about a war with Iraq is adding a tremendous amount of volatility in all the markets. ... ALAN KRAL For oil markets, it's all about the weather. DAVID KNAPP Higher oil prices continue to pose threats to the stock market. Weaker consumer sentiment raises con... CHOI CHANG HOON That's an easy scare tactic for the oil companies to use against consumers. FIONA HUTTON Oil prices are effectively a tax and we want a low-tax global economy. I am happier with lower price... EDWARD MENASHY Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a treme... MAX KEISER Everyone 2day wants to blame our poor economy on the housing market. but the real monsters are the o... BRADLEY ERNEST RIDENOUR Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we ha... SHERWOOD BOEHLERT We saw last year just how much oil shot up after Ivan. Crude markets remain delicately balanced and ... GERARD BURG [FPL buys oil on the futures market to protect against future spikes in energy costs, but that is no... BILL SWANK It's important to understand that oil and renewables do different things. Wind and solar are for... T. BOONE PICKENS Despite uncertainties on interest rates and oil prices during 2005, about 70 companies would be list... EDMOND CHAN You know, oil prices from 2007, on the strength of a very robust global economy and a very robust em... REX TILLERSON The economy is going to be hit hard by Katrina, and it is going to be hardest on consumers who are a... MARK ZANDI Shell is profiting from the current high oil prices, but we are all paying the price. Oil companies ... CRAIG BENNETT In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growt... MICHAEL ENGLUND While the focus of recent international attention has rightly been on the tragic events in the U.S.,... GORDON BROWN The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and... KRIS LATHAN Oil and natural gas prices, as well as heating oil costs, are much higher than they were a year ago,... ED MARAN We just have a hard time seeing how the market is going to take off. You may be in the uncomfortable... MICHAEL VOGELZANG The focus this year will be on how effective companies are at cutting costs as oil prices will conti... ALAN RICHARDSON The national oil companies agreed to invest and the international oil companies backed away. ALEXANDRE OLIVEIRA All told, these profit levels have put the world's five largest publicly traded oil companies on... ALLYSON SCHWARTZ High oil prices are kind of benefiting Singapore in a way. We're seeing some increase in the order b... EUBEN PARACUELLES We may be in for a good trading session today. The good news from Japan and a pull-back in oil are p... BARRY RITHOLTZ I can only see the [energy] market expanding. As energy becomes more expensive there are going to be... HERBERT SMITH There are fears in the market that the supply from Iran could be reduced. This is obviously positive... MARKUS ILG The U.S. is currently under a crude oil mandate, because few if any other choices exist for our tran... BRIAN JENNINGS There are fears in the oil markets of the continued supplying of markets with crude oil although the... SHEIKH AHMAD Americans, including the president of the U.S., have realized continued dependence on oil, particula... MATT HARTWIG U.S. markets are starting to worry about the earnings of multinational companies in the face of the ... ALEX WONG Galveston was down and out when the state economy shifted from agriculture to oil in 1901. Houston w... CASEY GREENE I think the major oil companies are going to be looking for more oil in more remote areas. The more ... BOB POPE They get nothing out of the oil, and they produce all of the oil. They're tired of it, so they're go... MACON HAWKINS I think the market's come to realize that economic growth in the U.S. is not threatened by higher oi... LOUIS WONG The metabolism of the oil industry picks up pretty smartly when oil gets above $40 a barrel. It's fa... JAMES GELLY Despite uncertainties on interest rates and oil prices during 2005, about 70 companies would be list... EDMOND CHAN They are supposed to compete and bring the lowest price to consumers. But the truth is that a small ... JAMIE COURT World oil markets are fundamentally tight. AF ALHAJJI The U.S. uses most of its oil for transportation. We can limit U.S. demand for oil by requiring auto... SHERWOOD BOEHLERT To make bio-diesel from vegetable oil, you get the oil from the restaurant, heat it up to about 120�... JACQUES CHIRON But they are not going to take on Big Oil because Big Oil is very generous at campaign time, and thi... PETER DEFAZIO The commercial response we've received confirms the project is a cost-competitive way to link rising... HAL KVISLE a gift to the oil companies. CHARLES SCHUMER This is not a very hospitable political environment to challenge the oil industry, ... We have a pre... BYRON DORGAN The U.S. economy is a very strong economy; if there is a sudden cutoff of Saudi oil, and Americans s... AMY JAFFE The U.S. economy is a very strong economy; if there is a sudden cutoff of Saudi oil, and Americans s... AMY MYERS JAFFE If you believe our president, a former oil businessman, is going to end our addiction to oil, shame ... DAN SEALS We've had a pull-back in gold and oil prices, and surprise surprise, oil and gold companies are off,... JULIE BROUGH If there's a culprit, (it's) those special interests who don't want school finance to pass, ... Cert... DAVID DEWHURST At a price of $67-68 a barrel, oil companies need to source about $100 million from the spot market ... ROLAND AVANTE The key thing is you are going to see a separation from the true companies -- those that are going t... GREGG HYMOWITZ More than 50 percent on average of all these indexes is in oil and refined products. It's having a m... FREDERIC LASSERRE We are looking at where the next lift to markets will come from and people are not so sure. With oil... GEOFF LANGHAM I'm planning to accumulate more Treasuries. Higher oil prices are going to depress consumption. It's... AKIRA TAKEI It's fairly safe to say that the trade deficit may have peaked now that oil prices are falling and t... BERNARD BAUMOHL These are turbulent times for oil markets. ALI NAIMI We welcome foreign oil investments, no matter they are from Chinese companies, European companies or... AHMED IBRAHIM There are many plans to build refineries, but with rising construction costs and a shortage of proje... HISAO SATO It's about greedy corporations that are willing to blow up all of Paris - art, nature, everything - ... DENISE SCHULZ There are a few signs of cracks beneath the surface in the U.S. economy, starting with the weak dura... HARVINDER KALIRAI The release of strategic reserves contains a very large component of unneeded crude oil and does lit... BARCLAYS CAPITAL The oil patch pays good. They're decent jobs paying between 50 and 70 thousand a year. Fracking ... HAROLD HAMM the Senate caved in to oil and gas companies that are rolling in record profits. KAREN WAYLAND There is a lot of concern about oil and its impact on growth in the U.S. and globally, and that's a ... ANN HURLEY Senator Seward thinks it's particularly wrong for consumers to be paying so much tax on gas when the... DUNCAN DAVIE Treasuries are near the levels where investors think they offer value. Core inflation looks calm, so... MASAYUKI YOSHIHARA That's where the oil is. It's the best place to look for oil in the United States, and there's predi... MARK RUBIN All told, these profit levels have put the world's five largest publicly traded oil companies on tra... ALLYSON SCHWARTZ Production costs have now become the most important factor for oil companies. They will drag down th... EDWIN SLAGHEKKE There will be just too much risk of geopolitical shocks in 2006 for oil prices to fall sharply and i... CHARLES LIEBERMAN Really, ... what we're talking about here is the U.S. struggling to find its place in an economy whe... JASON SCHULTZ Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil i... CHRISTOPH EIBL Iran is starting to loom in the picture as a threat to oil capacity. CRAIG RUSSELL The increase in oil prices is going to be problematic to the consumer as well as higher home heating... ANN HURLEY All the tensions and stress in the world's oil markets are flowing into the gasoline pump. The crude... DANIEL YERGIN There's been concern about how much higher oil prices will be felt by consumers, but people are now ... BARBARA MARCIN Right now, [our] leading indicators clearly show that the U.S. economy is in a window of vulnerabili... LAKSHMAN ACHUTHAN Consumers can find out if there are any trans fats in an item by reading the ingredients. If shorten... CYNTHIA SASS The U.S. economy is kind of a juggernaut. Look at the last few quarters, how it shook off oil price ... PAUL MERSKI Higher borrowing costs will lead to a shrinking housing market and a slowdown in the U.S. economy. O... NORIHIRO FUJITO The high oil price can't be ignored and it is starting to have a negative impact on consumption in t... CHOI CHANG HOON OPEC is likely to be a critical event next week. A cut in production, however, seems quite unlikely ... JASON SCHENKER If you look at it from a tire manufacturer's perspective, an oil price increase is a triple whammy f... JIM DAVIS Besides commercial benefits to the oil companies, equity oil abroad also provides national energy se... DINSHA PATEL
More Angus Gluskie
I'm not hearing people talk about commodities shares being good value any more. Rising costs and a s... ANGUS GLUSKIE If they make too many concessions then the potential synergy values to them of the takeover begin to... ANGUS GLUSKIE It's not just miners - I suspect there will be a few more industries feeling the effects of oil pric... ANGUS GLUSKIE There'll definitely be relief when there's clarity. While you might have a couple of residual issues... ANGUS GLUSKIE The sale provides the business with a huge surplus of capital, some of which will be returned to sha... ANGUS GLUSKIE The market seems to be discarding bonds, which means that the banks will stand to lose out, at least... ANGUS GLUSKIE The question mark in investors' minds has been will this year stack up as strong as 2005. This adds ... ANGUS GLUSKIE Seven's put together a reasonable case. They've definitely got an issue that they need to explore th... ANGUS GLUSKIE You're getting increasingly developed infrastructure throughout the major economies in Asia which is... ANGUS GLUSKIE Every guitarist I would cross paths with would tell me that I should have a flashy guitar, whatever ... ANGUS YOUNG I just go where the guitar takes me. ANGUS YOUNG That's usually what happens with AC/DC: you make an album, and then you're on the road flat ... ANGUS YOUNG A lot of times you'll hear bands and it's a different sound coming out than what's on st... ANGUS YOUNG I never bothered with cars. I was probably one of the few kids in school who didn't run around w... ANGUS YOUNG Actually, because I'm so small, when I strike an open A chord I get physically thrown to the lef... ANGUS YOUNG Soloing was pretty easy for me because it was probably the first thing I've ever done. ANGUS YOUNG I wouldn't know any newer bands. We're past the pimple stage. ANGUS YOUNG With AC/DC, we've always started with rock, and we've just kept it going. The critic's v... ANGUS YOUNG I honestly believe that you have to be able to play the guitar hard if you want to be able to get th... ANGUS YOUNG When I'm on stage the savage in me is released. It's like going back to being a cave man. It... ANGUS YOUNG A lot of people say, 'AC/DC - that's the band with the little guy who runs around in school ... ANGUS YOUNG I saw Deep Purple live once and I paid money for it and I thought, 'Geez, this is ridiculous.... ANGUS YOUNG Yes, we're still five little people with a noisy attitude. ANGUS YOUNG We're a rock group. we're noisy, rowdy, sensational and weird. ANGUS YOUNG I've got a great ambition to die of exhaustion rather than boredom. ANGUS GROSSART The opportunities for heroism are limited in this kind of world: the most people can do is sometimes... ANGUS WILSON I'm sick to death of people saying we've made 11 albums that sounds exactly the same, Infact... ANGUS YOUNG I remember one of the first gigs I played with that amp was at a local church. They wanted someone t... ANGUS YOUNG I think that people have to reward those individuals who are prepared to work across the political a... ANGUS KING My part in AC/DC is just adding the color on top. ANGUS YOUNG The opportunities for heroism are limited in this kind of world: the most people can do is sometimes... ANGUS WILSON There are all sorts of cute puppy dogs, but it doesn't stop people from going out and buying Dob... ANGUS YOUNG I saw all the women and I figured that looked good. I was horney. I got a guitar off my brother and ... ANGUS YOUNG I'm sick and tired of people saying that we put out 11 albums that sound exactly the same. In fact, ... ANGUS YOUNG There are all sorts of cute puppy dogs, but it doesn't stop people from going out and buying Doberma... ANGUS YOUNG We're a rock group. we're noisy, rowdy, sensational and weird. ANGUS YOUNG Yes, we're still five little people with a noisy attitude. ANGUS YOUNG I opened the large central window of my office room to its full on the fine early May morning. Then ... ANGUS WILSON I have no concern for the common man except that he should not be so common. ANGUS WILSON God knows how you Protestants can be expected to have any sense of direction,' she said. 'It's diffe... ANGUS WILSON She was more than ever proud of the position of the bungalow, so almost in the country. ANGUS WILSON Once a Catholic always a Catholic. ANGUS WILSON Envy is impotent, numbed with fear, never ceasing in its appetite, and it knows no gratification, bu... ANGUS WILSON The opportunities for heroism are limited in this kind of world: the most people can do is sometimes... ANGUS WILSON The market continues to be supported from a fundamental perspective by a combination of falling stoc... ANGUS MACMILLAN That would mean using a lot of electricity to pump sea water ashore and round the tank system. That ... ANGUS MACMILLAN There are no signs that funds have lost appetite. As long as you have a list of problems, funds will... ANGUS MACMILLAN They're suspended on a system of ropes, so catch the waste before it reaches the seabed. As we harve... ANGUS MACMILLAN The market continues to be pushed about on relatively thin volumes. ANGUS MACMILLAN It is going to require a lot of nerve to sell short in this market. The fundamentals are supportive ... ANGUS MACMILLAN In recent months we have seen a whole different type of fund come in. Myself and a number of my coll... ANGUS MACMILLAN Reduced production in Zambia adds further pressure under a market already bubbling. ANGUS MACMILLAN Nobody is paying attention to any fundamental news. The funds are still piling in. ANGUS MACMILLAN There is no scientific evidence that escaped farmed salmon interferes with the wild salmon gene pool... ANGUS MACMILLAN This is why I wanted to be an artist. It may never happen again, but it's happened this one time. ANGUS MACLACHLAN I feel like it's the first time in 25 years of writing that my work has truly been 'realized' the wa... ANGUS MACLACHLAN That's the first time I'd ever heard of that, ... Usually you hear about actors wanting to change li... ANGUS MACLACHLAN I have a nice life here. I can concentrate on my work. If I lived in LA or New York, I'd need a full... ANGUS MACLACHLAN On any set, especially a 20-day shoot, there is tension because time is of such essence and a direct... ANGUS MACLACHLAN In (terms of) showbiz/Hollywood lore, I was treated with unheard-of respect on the set - by the acto... ANGUS MACLACHLAN The Ridgeline showcases a vehicle built on intelligent technology and impressive durability. ANGUS MACKENZIE The Honda Ridgeline has taken the traditional understanding of a truck and completely redefined ever... ANGUS MACKENZIE MOTOR TREND holds a distinctive place in the landscape of automotive journalism. It is a strong and ... ANGUS MACKENZIE The truck market is booming with new designs and new manufacturers entering the category. The divers... ANGUS MACKENZIE Honda deserves a standing ovation for not playing it safe again. The engineering passion that Honda ... ANGUS MACKENZIE The fog hurt us a lot. Mother Nature is fickle. ANGUS MACKENZIE It's very difficult to see us finishing on time. ANGUS MACKENZIE You've got all this brush and natural cabbage. If you get lost in there and you can't find your ball... ANGUS MACKENZIE We had higher oil prices, higher gold prices, higher copper prices and even a higher Dow (Jones inde... ANGUS GEDDES Fletcher has indicated he wants to focus on other divisions. ANGUS GEDDES What we've seen last night is a lot of hot air coming out...it may go on for a number of weeks but i... ANGUS GEDDES It's caused serious disruption to oil refining and production capacity in the Louisiana region. Ther... ANGUS GEDDES The appetite for infrastructure type of investments in Australia has been enormous in the last five ... ANGUS GEDDES A positive, was their cost-to-income ratio. There has definitely been some progress on costs. ANGUS GEDDES Clients remain largely bearish of U.S. indices on the whole but a good start to the week by Asian an... ANGUS CAMPBELL With gasoline prices declining here and across the pond during the month of October, any downside to... ANGUS CAMPBELL Despite the U.S. earnings commencing in earnest this week, the recent inability of indexes to sustai... ANGUS CAMPBELL As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. tra... ANGUS CAMPBELL Cisco has provided a little relief posting better than expected results after the close and we could... ANGUS CAMPBELL It looks like the impetus to buy has dried up and certainly European bourses are feeling the pressur... ANGUS CAMPBELL March is often a turning point for indices, and we could have seen the top of the market for sometim... ANGUS CAMPBELL On the earnings front, it would seem that companies have fared a little worse than the market had ho... ANGUS CAMPBELL With gasoline prices declining here and across the pond during the month of October, any downside to... ANGUS CAMPBELL Inflationary fears hit the market yesterday as it failed to push beyond and sustain levels above the... ANGUS CAMPBELL The artists were referring to their own traditions, but because of the melting pot of the group they... ANGUS CAMERON We really wanted each artist to respond from their own practice, so the images have a commonality of... ANGUS CAMERON The idea was to get a number of artists from different regions and cultural backgrounds together in ... ANGUS CAMERON But being an island, there's only one way on and one way off. ANGUS CAMERON There already has been a drift away from U.S. assets by Arab investors. You may well have a further ... ANGUS BLAIR The onus is now on the management of companies to produce good earnings growth to see if they will j... ANGUS BLAIR The major determinant is how much does it take from Jordan as opposed to other markets which histori... ANGUS BLAIR Well the key basically is the fact that the stock market is in itself cheap. Usually high, by intern... ANGUS BLAIR If this deal isn't approved by the U.S., it wouldn't proceed. ANGUS BLAIR When I'm on stage the savage in me is released. It's like going back to being a cave man. It takes m... ANGUS YOUNG I wouldn't know any newer bands. We're past the pimple stage. ANGUS YOUNG I don't like to play above or below people's heads. Basically, I just like to get up front of a crow... ANGUS YOUNG Style, I didn't think we had any! I just plug in and hit the thing really hard. That's my style...or... ANGUS YOUNG My view of the filibuster is either you've got to lower vote edge or make people really filibust... ANGUS KING When one door closes another one falls on top of you. ANGUS DEAYTON If all the state is willing to pay for are abstinence-only until marriage programs, then that's all ... ANGUS MCQUILKEN Fundamentals are just taking a back seat at the moment (to funds). ANGUS MACMILLAN We've long been aware of the environmental responsibilities you've got when you're in this kind of b... ANGUS MACMILLAN The fundamentals have become superfluous. None of the metals would be where they are today without t... ANGUS MACMILLAN The Chinese have just added to the nervousness of a market that was already nervous. This market is ... ANGUS MACMILLAN I wouldn't want to put a top on it at the moment. It has still got a lot of wind in its sales. ANGUS MACMILLAN Mine production is nowhere near what we thought it would be at the start of the year. ANGUS MACMILLAN Young people need real sex education that provides them with all the information they need to stay s... ANGUS MCQUILKEN You know, that's really disingenuous. There are school districts across Massachusetts that can't aff... ANGUS MCQUILKEN The fans, and now most of the crowd, are interested in this event. ANGUS LOUGHRAN Indonesia has been exploring and producing oil and gas for 100 years. Now you have to push further o... ANGUS GRAHAM Multinationals in today's environment have gotten bigger, and hence their hurdle rate for a site to ... ANGUS GRAHAM It will provide further confidence in the structure and environment in which producers can operate i... ANGUS GRAHAM England will feel they might have pushed India close if they had a full squad, but they are what the... ANGUS FRASER I don't know what to do with myself. ANGUS FRASER It's disappointing to see the home side doctoring pitches to suit their needs. To me, this approach ... ANGUS FRASER The sooner U.S. investors can see the end of this current interest rate cycle the better. ANGUS CAMPBELL The only thing that can stop further declines in the market today is a tame ISM figure and lower oil... ANGUS CAMPBELL This kind of mindless vandalism directly endangers the lives of those who use our rural roads and co... ANGUS CAMPBELL Anything higher here could confirm investors' fears that the Fed's interest rate tightening is far f... ANGUS CAMPBELL Even though oil futures are flat this morning and have remained around (the) $63 to $64 a barrel lev... ANGUS CAMPBELL With higher gasoline prices putting a dent in consumer spending and underlying inflation looking to ... ANGUS CAMPBELL Now market participants are saying that investors should expect range bound trading to continue into... ANGUS CAMPBELL Sentiment is equally weighted between bulls and bears at the moment and the ANGUS CAMPBELL The mining sector has been weighing on the index though it's about time they had a bit of profit tak... ANGUS CAMPBELL There have long been rumors surrounding Lloyds as a potential bid target. Wells Fargo has a large pa... ANGUS CAMPBELL This could be the make or break week for U.S. indices and determine the path of the markets into the... ANGUS CAMPBELL When public policy goes one way and the premises of the culture go the other, you've got a formula f... ANGUS CAMPBELL Edward VIII replaced his fly buttons with a zip, a revolutionary move; and his Fair Isle pullovers, ... ANGUS MCGILL You have a perfect right to consign us all to hell, rector, but you must allow us the choice of how ... ANGUS WILSON I worked in the Senate in the 1970s. I worked for the Labor, Public Welfare Committee, and we had Te... ANGUS KING 'April, April, laugh thy girlish laughter, and the moment after, Weep thy girlish tears, April.' ANGUS WILSON It's hard running as an independent. I wouldn't have won the Senate election if I hadn't... ANGUS KING I'm on 'Two and a Half Men,' and I don't want to be on it. Please stop watching it, ... ANGUS T. JONES Without qualification, I am grateful to and have the highest regard and respect for all of the wonde... ANGUS T. JONES Over time, more trials were completed, but still people in emergency departments all around the worl... DR. ANGUS TURNER It's not because we don't like them. Back there they can learn by example. DAWN MARIE ANGUS These sessions are mostly about training, teaching and having fun. It's all about physical exercise ... DAWN MARIE ANGUS Oh yeah, we fight. We don't kill each other out here, but we spar. It's full contact, all the way. DAWN MARIE ANGUS