60 million barrels is good for the short term, and if it's needed, they'll release more. It has been proven that production after a hurricane can be recovered in a time frame from a few months to a year. |
Canadians voted for hope over fear and accountability over corruption. Tonight is the beginning of a moment of reckoning for the Liberal Party. |
Drastic measures were needed to anticipate the erosion of their stocks. Latin America is a weight on the stock at every turn. |
I think the operational performance is poor and the numbers are confused by restatements for accounting changes and, obviously, the tax paid in Libya. |
I think the result is positive, and the dividend is a real bonus. |
If that is what the algorithm shows, I think it needs quite a bit of work. |
If you want to grow production 3-4 percent, as most of these companies want to, you'd want to be hitting 130 percent. |
It's going to add some volatility to markets for some time to come because of security of supply issues. There are a lot of implications from this slippage [in gas deliveries]. |
It's going to impinge on underlying profitability ... profitability is reaching a peak. |
Some assets were impacted for six to nine months from Ivan last year because things like underwater landslides affected pipelines once the storm had passed. Shell is taking the brunt of the storm this time. |
The government has not decided whether there will be or not be direct compensation to descendants. |
There's a lot of nervousness in the markets already, but what do you get nervous about now. The fact that tankers aren't being used as much as last year implies that supplies are getting through. |
They did have the flexibility to increase that, so I think some investors will not be impressed. |
Total is notorious for just doing well. When you do well all the time you have to do fantastic to get a reaction from the market on your results. Total will be happy just doing well this time. |
We're going to be very deliberate about this. We're not in the game of running a smear campaign against individuals, but we do believe accountability is a central issue. |