David Reilly
David Reilly
David Reillywas the singer and songwriting/production partner in the electro-rock band God Lives Underwater, signed by Rick Rubin to American Recordings in 1993...
aligned bringing energy extensive global line projects queue supplies
These investments are aligned with our extensive queue of projects that are scheduled to come on line between now and 2008, bringing significant new supplies of energy to U.S. and global markets.
addressing bears consuming energy global largest responsibility states unique united
As the world's largest consuming nation, the United States bears a unique responsibility in addressing global energy issues.
industry side squeeze stretched supply
The supply side is stretched from an industry perspective. It's a little reminiscent of the squeeze we had 25 years ago.
attract demand fact happen high higher issue next prices production question rarely tend
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.
benefits consumer created efficient energy form gas helped industry marketing mergers oil past reliable
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.
grown production proved reserves
Over this period, our production has grown by two-thirds and our proved reserves have about doubled.
expect partners relationship unusual
It's not unusual for partners to compete, ... We've had a long relationship with CNOOC ... we expect that to continue.
assets corporate current excellent financial fit full investment maximize merger proven provides strategic technical value
This merger provides current and long-term investment value, and Unocal is an excellent strategic fit with Chevron's assets and corporate culture. Chevron has proven technical and financial capabilities to maximize the full value of Unocal's world-class assets.
prefer tax
I would much prefer to see streamlined permitting... than tax incentives.
industry perspective side squeeze stretched supply
The supply side is stretched from an industry perspective, ... It's a little reminiscent of the squeeze we had 25 years ago.
came city expecting fix generation opportunity power rebuild state system
We came back expecting to go headfirst into working with the city and the state to fix the levees, the transportation system and the power grid. There has not been an opportunity like this in our generation to rebuild an American city on this magnitude.
arrived fact heard issue
We had not heard that there would be an issue and now that the day has arrived that is in fact a reality.
coming gas natural oil percent states supplies united
With over 60 percent of oil and over 15 percent of our natural gas supplies coming from imports, the United States is now more energy-interdependent than it has ever been.
might period
We may be in a period you might not get your 10% a year.