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Master's Sales - Columbia Star

Master's Sales - Columbia Star
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Detailed text transcripts for TV channel - FOXNEWS - 20110221:21:27:00

volume dill. so you want to understand the impact on your portfolio so you obviously make sure you use good risk management. but, in general, i don t see that there would be an issue with oil reaching $130 a barrel. stuart: that got everyone s attention. you think that could happen quickly. if there is any other interruption of supply, anything else at all, $130? guest: exactly. if there is interruption to supply and remember the speculators drove up the oil to $150 a barrel a couple of years ago and nothing like we have now so in the short-term you have the speculators coming in, taking over the market and that is where the volume comes in, and you get to point where the substance backs it up. we now have a true impact on production. that region if you look at northern africa and saudi arabia, where we are, you are look at 25 to 27 percent of the

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Issue
Impact
Barrel
Volume-dill
Risk-management
Portfolio
General
130
30
Guest
Stuart

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