I think an OPEC price ceiling of $40-$50 a barrel is favorable for the organization's members.


Shamkhi Faraj

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OPEC wants the maximum price they can sustain to meet their budgetary needs and investment plans, an...
YASSER ELGUINDI
OPEC has shown itself to be market-savvy by recognizing that waiting for the price band mechanism to...
LAWRENCE EAGLES
OPEC is practically already at its production ceiling,
HUGO CHAVEZ
I think it's interesting that on a day when crude oil closes over $50 a barrel for the first time, t...
DONALD SELKIN
Many factors, including politics, are keeping the price up. It would be hard for oil prices to fall ...
FU CHENGYU
The prevailing idea among member countries is to maintain the official production ceiling of the org...
SHAMKHI FARAJ
The new minister will have a lot to do; the sector needs somebody to get it out of a bad situation.
SHAMKHI FARAJ
Most people don't believe OPEC has a lot of spare capacity. But the fact that OPEC is attempting to ...
DOBIE LANGENKAMP
OPEC became powerless the moment it sold its last barrel of excess capacity, and that was maybe a ye...
A. F. ALHAJJI
Owning reserves doesn't change the price. If the price of oil goes to $125 a barrel, and China owns ...
AMY JAFFE
Owning reserves doesn't change the price. If the price of oil goes to $125 a barrel, and China owns ...
AMY MYERS JAFFE
The price is definitely going to $65 a barrel. That's not an earth shattering call to make now.
KEVIN NORRISH
I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was...
ANDREW BLAKELY
The challenge, of course, for us in that is that that increase in global energy demand will necessit...
BOB INGLIS
Yesterday, you had a relief rally because the price of oil dropped so much, but I'm not sure how muc...
BRIAN BENSCH
Considering where prices are now, flirting with their record level of August 2005 (70.85 dollars a b...
FRANCIS PERRIN
You have an entirely different industry with oil below $50 a barrel and with oil above $60.
VAUGHN CORDLE
I want the presence of God Himself, or I don't want anything at all to do with religion... I want al...
A.W. TOZER
There has been a rising floor underneath oil prices, ... Last year we were worried about $40 a barre...
JAN STUART
(All the grief she had suffered over her lifetime had moulded her face into a mask of eternal sadnes...
JEAN SASSON
I don't expect the market to do a whole lot. With oil above $31 (a barrel) even after OPEC agreeing ...
DENNIS HYNES
We think that it will draw at least 40 to 50 kids a day.
CAPT. PREMEK KRAMERIUS
I think OPEC realizes that China is an extremely important customer moving forward. This is about re...
KURT BARROW
The $100 barrel price is very much wishful thinking on Venezuela's part.
JULIAN LEE
With oil prices at $60 a barrel it was a foregone conclusion they were not going to cut. If you do s...
CRAIG PENNINGTON
Some 20 to 30 dollars (in the price per barrel) is pure speculation,
GERHARD SCHROEDER
A couple of board members didn't think the price was right. But Prodigy itself didn't say no.
SELIM BINGOL
Everyone is wondering whether the increased quotas will translate into actual new production. Many m...
ED MARAN
There is a consensus with the member countries to maintain the current quota as there is enough oil ...
CHAKIB KHELIL
The world oil market is in the grip of a slow-motion supply shock, in which a $70 to $75 barrel pric...
DANIEL YERGIN
As calves get heavier, there will likely be a price slide. That last 50 pounds you put on the calf, ...
DARYL STROHBEHN
Well, the common enemy in North America is the Western consumer. The consumer has driven oil up to $...
DAN AYKROYD
At $63.92 per barrel, this breaks the record for the highest WTI price at which a cut has been expli...
KEVIN NORRISH
We are not going to see a significant effect overnight as a result of an OPEC agreement. I don't see...
CALVIN SCHNURE
We are not going to see a significant impact overnight as a result of an OPEC agreement. I don't see...
CALVIN SCHNURE
We really need it to be below $50 a barrel, but having it below $60 is a big help.
CLAY INGRAM
Many of the Board members have been out of school for 30, or even 40 years.
JAMES TOUCHTON
We deal with about 50 different Amish families from Ohio who hand-make all our furniture. We have 40...
JOHN MANCINI
The ceiling was going to be about 20 feet tall, but I said no, it's got to be 50 feet tall. I think ...
CHARLES TERRY
He'd order 40 to 50 of these items at a time.
LT. PAT JOYNER
They are the key lynch pin within OPEC. They can control the price at any time.
GENE NOWAK
Right now the goal of the Saudis, Kuwaitis and the other members of the Gulf Cooperation Council is ...
ANTONIO SZABO
Each dollar added to the price of a barrel of oil adds $1 billion in costs to the industry.
GIOVANNI BISIGNANI
Our chance for the success in tomorrow's meeting is 50-50. I think these talks were more difficult a...
HOSSEIN MOUSAVIAN
I think everyone benefits in a slow market. I think the buyers benefit in getting a property at a be...
DAVID KERR
Well, the common enemy in North America is the Western consumer. The consumer has driven oil up to $...
DAN AYKROYD
A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened a...
DANIEL YERGIN
The numbers were right on target, but you got [the price of] oil taking off, approaching $26 a barre...
BRUCE ALSTON
Life is not a game. Still, in this life, we choose the games we live to play.
J.R. RIM
While a near-term supply disruption from Venezuela does not seem likely, the country's inability to ...
RAYMOND JAMES
Otherwise there can be no progress with an administration in which there are terrorist organizations...
EHUD OLMERT
Their parents would never be able to afford $30- or $40- or $50-an-hour tutoring.
JUDY KLINEK
The price of success is hard work, dedication and determination to the endeavour which he loves utmo...
DR ANIL KUMAR SINHA
I think the press has an interest in communicating to its viewers or readers, and their viewers or r...
MARK MCKINNON
Our beers are brewed on a 50-barrel system, so, we don't combine batch to batch.
DAVE MCCLURE
For prices to drop below the $50-per-barrel range, we would need to see a significant slowing in wor...
BOB DOLL
Half their demand is from guys 40 to 50 years old.
BOB SIMONSON
Our price objective is based on a 40 times PE (price/earnings) applied to our new 2005 earnings per ...
JASON MAYNARD
These arrests make absolutely clear the presence throughout Europe and in Spain of members or collab...
ANGEL ACEBES
When you're driving, let's say you are going 50 miles-per-hour, and a rock gets thrown back at you a...
CALVIN TAMAYE
What we've seen in the past is an irresistible temptation on the part of some members of Congress to...
JOHN MCCAIN
The fact is that (Iraqi President Saddam Hussein) has the capacity now, in OPEC, to reduce productio...
BILL BRADLEY
The biggest factor is the rising oil price at $67-$68 (per barrel) ... We have to limit unnecessary ...
JUSUF KALLA
I don't think the industry has the capacity to expand much beyond the rate at which it's expanding n...
GEORGE GASPAR
I'd love to be a pop idol. Of course, my groupies are now between 40 and 50.
KEVIN BACON
'Twilight' is such an amazing project, and I think it opened up doors for all of us cast mem...
KELLAN LUTZ
The world will have to get used to a barrel of oil priced above 50 dollars, ... It will be difficult...
HUGO CHAVEZ
I always think a debt ceiling is a good tool to carry something.
MITCH MCCONNELL
We think it is a fair price for what we see as an attractive asset.
STEPHEN ALLEN
Chuck is doing a nice job this week, ... Roy's looking better. He probably got 40-50 percent of the ...
STEVE MARIUCCI
While Johnson & Johnson has the clear technology lead, the risk they run is in setting the price. If...
MARK LANDY
If I were a 40-year-old woman, 40-to-50, I'd want to be getting my mammograms. They catch cancer...
ANN ROMNEY
The fear of God is the only cure for the fear of people.
CRAIG GROESCHEL
I don't know if I have a favorite color.
KATE MIDDLETON
It's very special having a new little girl.
KATE MIDDLETON
This may seem unreal now, but six years ago the price was $16 per barrel.
ANDREI SHARONOV
In [the late 1990s] we saw premiums routinely north of 40 percent and it wasn't an aberration to see...
BROOKS DEXTER
Unless you are Stephen King, a book signing is attended by maybe 40 or 50 people.
DANA STABENOW
OPEC is producing as much crude oil as anybody wants. Refiners have no shortage of the grades they n...
GEOFF PYNE
OPEC is producing as much crude oil as anybody wants, ... Refiners have no shortage of the grades th...
GEOFF PYNE
Forty U.S. dollars per barrel is a reasonable price, taking into consideration production costs, sup...
DON VOELTE
The technology is truly efficient and economical. But the biggest thing is, our economic analysis sh...
CLAUDE CORKADEL
I think life is a chain of events.
ZARA LARSSON
You might have thought in this price environment [$60-a-barrel oil] that you might have got a bonus,...
WILF GOBERT
That was at least 40 or 50 feet over.
BOB TOMLINSON
We beat some 40- and 50-year-old guys.
JOE DIAZ
Debt ceiling is something that, you know, any time the president asks for the authority to increase ...
RON JOHNSON
Some of the capacity will go away if fuel prices stay this high. It (oil prices near $50 a barrel) c...
BETSY SNYDER
We are excited about it. We have 40 boats coming and maybe more, maybe 40 to 50.
DAVE TAYLOR
Empathy is the new measurement of everything. It doesn't matter what religion you have, what God you...
C. JOYBELL C.
There is plenty of sound in an empty barrel
RUSSIAN PROVERB
If you think about it, the concept of the cigarette being tossed out in wind blowing at 40 to 50 mph...
JEFF FEHLBERG
With oil at this price level, we can definitely expect a cut in output. OPEC was only barred from do...
MAKOTO TAKEDA
Sometimes you shoot for 40 or 50 hours for a one-hour show, and you have to make some very hard choi...
LOUIS THEROUX
We are not going to see a significant impact overnight as a result of the OPEC agreement. I don't se...
CALVIN SCHNURE
Our previous view ascribed a 50 percent to 60 percent probability to a Delta Chapter 11 filing. We n...
MICHAEL LINENBERG
Imagine a 40-to-50 percent sales tax -- that would cheer everybody up,
ROBERT MCINTYRE
Sugar prices in the past few months have pulled back because of the weaker oil price. Now that oil i...
CHRISTOPH EIBL
I was a repertory actor, which meant that I did a play every week. I was a different character every...
MICHAEL CAINE
I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely a...
ALAN GREENSPAN

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