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Letter "E" » Edmund Daukoru Quotes
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«There is nothing like an absolute price level. You cannot decree an absolute price; everything is subject to market forces, and market forces cut both ways.»
Author: Edmund Daukoru
«Anything in the high $50's or low $60's isn't a case for cutting output.»
Author: Edmund Daukoru
«OPEC is not going to be the decisive action but we want to reassure the market by saying we have this extra capacity,»
Author: Edmund Daukoru
«[OPEC ministers, who were meeting through Sunday evening, have yet to reach an agreement. Some ministers suggested there was no need to put extra oil on the market.] The market is well supplied - actually it is in balance, ... After Katrina, everybody offered crude but the refining capacity was not there to cope with it.»
Author: Edmund Daukoru
«We will really know from this where the constraint is and that's in the downstream, so nobody can blame OPEC. That's really the purpose of this,»
Author: Edmund Daukoru
«We are so far from worrying about quotas, ... I think for now OPEC will be happy for any member who has the capacity, to produce.»
Author: Edmund Daukoru
«We are so far from worrying about quotas, ... I think for now OPEC will be happy for any member who has the capacity to produce.»
Author: Edmund Daukoru
«We are so far from worrying about quotas. I think for now OPEC will be happy for any member who has the capacity to produce.»
Author: Edmund Daukoru
«We are so far from worrying about quotas. I think for now OPEC will be happy for any member who has the capacity, to produce.»
Author: Edmund Daukoru
«With prices over US$60, really I don't see a reason to cut production. It's pretty hard to see why we should cut.»
Author: Edmund Daukoru
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