“Demand is down heavily, ... Now that consumers are being convinced little by little that high oil prices are here to stay, they will be shifting their attitude on the market.”
“We're going to be facing in 2006, 2007, I'd say at best stagnation. It's an industry where you have to move all the time. You have to question yourself all the time. You have to challenge the way you're doing business all the time.”
“It was spooky silent for the first few minutes ... We've been expecting this for a couple of months now, so it wasn't a shock, but it wasn't good news.”