21 ordspråk av David O'Reilly

David O'Reilly

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[Environmentalist radicals see doom ahead. But even the suits of Big Oil agree on the underlying facts:] Simply put, the era of easy access to energy is over, ... We are experiencing the convergence of geological difficulty with geopolitical instability. . . . The time when we could count on cheap oil and even cheaper natural gas is clearly ending.

As the world's largest consuming nation, the United States bears a unique responsibility in addressing global energy issues.

Ed has been instrumental in Catalyst's growth and evolution as a company. We are pioneering a new drug discovery approach to disease, and Ed has provided exceptional leadership for the rapid development of technology and programs that align our milestones with our vision.

I would much prefer to see streamlined permitting... than tax incentives.

investing aggressively in the development of new energy supplies.

It's not unusual for partners to compete, ... We've had a long relationship with CNOOC ... we expect that to continue.

Mergers in the US oil and gas industry over the past 25 years have helped the industry become more efficient in the production, refining and marketing of energy supplies. These mergers have created benefits for the American consumer in the form of affordable, reliable and higher-quality fuels.

Oil is no longer in plentiful supply. The time when we could count on cheap oil and even cheaper natural gas is clearly ending.

Our integration planning since announcing the merger last October has gone exceptionally well, ... Upon receiving stockholder approval, we will be ready to start operating effectively as one company.

Over this period, our production has grown by two-thirds and our proved reserves have about doubled.

Simply put, the era of easy access to energy is over. We are experiencing the convergence of geological difficulty with geopolitical instability. . . . The time when we could count on cheap oil and even cheaper natural gas is clearly ending.

Since 2002...we invested what we earned,

The big issue is what demand is going to be next year. High prices tend to attract higher production and higher supplies. The question then is, What will happen to the demand side? The fact is, we rarely know what is going to happen.

The combination of the two companies creates a U.S.-based global enterprise that will join the ranks of the largest oil companies in the world,

The issue is getting refining and processing rates up, particularly in the Gulf. I'm less concerned about the short- term oil supply. Today there is crude oil in the market.

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