Greg Albrecht

Relief workers in New Orleans, the money they're paid is burning a hole in their pocket and they're going to read more

Relief workers in New Orleans, the money they're paid is burning a hole in their pocket and they're going to spend it.

Back in February, when we projected $55 oil, oil prices were falling. We projected a weaker price over the summer.

Back in February, when we projected $55 oil, oil prices were falling. We projected a weaker price over the summer.

You just have to have a threat there to worry markets and they (buyers) want to lock in prices.

You just have to have a threat there to worry markets and they (buyers) want to lock in prices.

It's the first attempt to get some numbers out there to get a feel for how big this thing is.

It's the first attempt to get some numbers out there to get a feel for how big this thing is.

It's obviously a ton of money.

It's obviously a ton of money.