Until and unless the stalemate with Iran is resolved one way or the other, I think we're going to see prices higher.

They're on the right track, they're doing a good job, stay tuned. As long as we have $60-plus oil, I think they're all going to do well.

This is a very very freaky market. The the bad news is this was a very bad quarter. The good news is next quarter is going to be better.

There isn't enough spare refining capacity around to offset these unpredictable events, ... We were stretched before the hurricane; the hurricane made a bad situation worse.

They may not be just forming an alliance but instead merging where they won't have different mindsets but a single set of goals,

Also, the president is making speeches trying to talk oil prices down and say the situation is better, but talk won't change the underlying fundamentals. Demand is still strong, supply is still tight. So even if perception changes for a bit, the situation is no different.

A lot of people were expecting that Saddam Hussein would pull a trick before year-end because he was trying to put pressure on the U.N. to lift sanctions or try to alter the position of the sanction, so he threatened two weeks ago to stop exporting oil, ... The traders panicked in anticipation of a supply shortage, but Iraq never stopped producing oil.

They were hitting on all cylinders. ... It's good news for Exxon shareholders and likely to continue in '06.

This administration has created more profit for the industry that it has made since its inception. The oil industry will be the big winner during the (Bush years). We can count on the fact that oil prices are not going to go lower. If they move they will only go higher.

This global tension, led by the stalemate between Iran and the U.S., could lead to oil prices about $80. People are really afraid that something is going to happen, and soon.