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...
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.
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.
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.
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.
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.
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.
cheap cheaper clearly count gas longer natural oil plentiful time
Oil is no longer in plentiful supply. The time when we could count on cheap oil and even cheaper natural gas is clearly ending.
align approach discovery evolution growth leadership milestones pioneering programs provided rapid technology
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.
companies creates enterprise global join largest oil ranks
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,
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.