Natural Resources >> Analyst Interviews >> January 26, 2009

INTEGRATED ENERGY: THE OUTLOOK FOR 2009 – FADEL GHEIT – OPPENHEIMER & CO. INC.

Fadel Gheit is a Managing Director and senior analyst covering the oil and gas sector. He spent six years with Mobil Oil and five years with Stone & Webster. He has been an energy analyst since 1986 with Mabon Nugent and JP Morgan and has been with Oppenheimer & Co. Inc. since 1994. He has been named to The Wall Street Journal All-Star Annual Analyst Survey four times and was the top-ranked energy analyst on the Bloomberg Annual Analyst survey for four years. He is one of the most quoted analysts on energy issues and has testified before the U.S. Senate and the U.S. House of Representatives about oil price speculation, and is a frequent guest on TV and radio business programs. He holds a BS degree in Chemical Engineering from Cairo University and an MBA degree in Finance from New York University. Profile
TWST: Fadel, how would you describe 2008 other than a year of ups and downs?

Mr. Gheit: A year that everybody is very happy to see ended. It is going into

the history book as one of the most