Steven Pfeifer Quotes

While Exxon shares initially fell by 4.5 percent on Dec. 1, 1998, in reaction to the merger, Exxon shares subsequently advanced 23 percent through Oct. 16, 2000, outpacing a 17-percent average advance for the major oils and a 17-percent advance for the S&P 500. - Steven Pfeifer

We think things are heading back into a normal range. - Steven Pfeifer

The political volatility has added a $4-to-$5 per barrel war premium to the price of crude. That will stay in the price as long as we have hostilities in the Middle East. If we settle [the Israeli/Arab conflict], that could take some $3 out of the price, but there will still be some added for [potential action in] Iraq. - Steven Pfeifer

Chavez is a very strong proponent of OPEC and OPEC policies, so we will have a very united OPEC with Chavez in power. - Steven Pfeifer

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