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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MARIA BARTIROMO, CNBC ANCHOR: Let`s discuss whether oil prices are higher because of a fundamental squeeze in supply or are station owners and oil companies taking advantage of the crisis situation? Doug MacIntyre is senior energy analyst at the Energy Information Administration and Phil Flynn is vice-president and senior marketing analyst at Alaron Trading.
Gentlemen, good to have you with us.
PHIL FLYNN, VICE PRESIDENT & SENIOR MARKETING ANALYST, ALARON TRADING: Thanks, Maria.
BARTIROMO: Weigh in on that discussion, Doug. What do you think, price- gouging?
DOUG MACINTYRE, SENIOR ENERGY ANALYST, ENERGY INFORMATION ADMINISTRATION: Well, we think there`s just a crimp on supply and demand right now. Obviously, there were some stations that probably ratcheted prices immediately following Hurricane Katrina much more than they should have, let`s say, 5, $6 range. We think the $3 range right now pretty much is equivalent to what the market...
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