It's a fool's errand to expect the oil companies to invest in any significant way.

As you set hard goals, industry is driven to profitability. You can produce energy for the private sphere and for public benefit. The public goal is important and the idea that the best prevails in the marketplace is ridiculous.

Society sets a goal, and in moving toward that goal technology improves and you can set a better goal. Taking on that goal, it sets a sort of (example of) 'If Sweden can do it, why can't we?

While (Wilma won't affect) the oil sector, expect the insurance, retail and construction sectors to be heavily traded this week. With the October Consumer confidence and home sales due out later, the U.S. market could well end up deep in the red as inflation keeps the pressure on.

These two (gas and oil markets) should be doing their own thing. It hasn't been that way of late.

He may have signed an oil contract. It had nothing to do with me, ... I was aware he was doing extensive business with Iraq. I did not know the details of it. It was not my business.