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Rex Tillerson Quotes
«We are patient, and we are not opportunity constrained.»
«You have to put a question mark around just how long the global economy can live at $60 a barrel.»
«Our industry remains massive and very much a long-term, capital-intensive business.»
«Projects still require years to develop, cost billions of dollars to bring on stream and operate for decades.»
«This is an industry that lives in cycles. The price environment we're in today is not sustainable.»
«We invest our shareholders' money wisely, in projects that remain attractive over the long term.»
«This represents the 12th consecutive year of greater than 100 percent reserves replacement.»
«We need U.S. energy companies that have the scale and financial strength to make investments, undertake the risk and develop the new technologies.»
«With respect to the committee's specific question -- whether mergers and acquisitions in our industry have contributed to higher prices at the pump -- the answer is no.»
«We need companies that have the scale to compete.»