12 ordspråk av Amy Myers Jaffe
Amy Myers Jaffe
At least maybe people will still start thinking about some of these issues.
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Consumer response is the best remedy we have.
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In a way, the left is controlling that agenda. They're just implementing it at the community and state level.
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It's a substantial amount. It's many, many years of supply for current demands.
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Owning reserves doesn't change the price. If the price of oil goes to $125 a barrel, and China owns a field in Sudan, the price for them is still $125.
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Russia is reminding people that they're the powerhouse of natural gas resources, but it's a false promise. They don't have their sector organized enough.
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The industry wasn't 100 percent convinced that prices would stay high. We're just now at the point where they're starting to spend more.
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The second we get close to $80, speculators will drive up the price just to get there. Clearly, $80 is achievable in this marketplace.
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The U.S. economy is a very strong economy; if there is a sudden cutoff of Saudi oil, and Americans suddenly have to pay a lot more to get gasoline, we'll do it.
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These companies are under pressure to show increasing assets. They're under pressure to show they can have organic growth and not just buy another company.
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We haven't gone up in decades. It's very important, not only to the companies but to the United States.
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We really could have a very tight squeeze in October or November because we have no padding.
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