James Mulva
James Mulva
James J. Mulvais Chairman and Chief Executive Officer of ConocoPhillips. As announced on July 14, 2011, Mulva intends to retire upon completion of the separation of ConocoPhillips into two stand-alone publicly traded companies. Until then, he will continue to serve as ConocoPhillips’ CEO and lead the separation efforts...
fund good government industry precedent
As an industry we feel it is not a good precedent to fund a government program.
certainly impact production running states today united united-states
Obviously, the United States we don't need another hurricane, ... It certainly could have an impact on the production and the refineries that are up and running today and it certainly would have an impact on the recovery.
companies compete cost driven enable giving global industries lower mergers scale structure sufficient toward trend
The trend toward consolidation is being driven by globalization, with mergers giving companies from all industries sufficient scale and a lower cost structure to enable them to compete in a global arena.
demand energy function higher lost prices production recent supply trends
Today's higher prices are a function of longer-term supply and demand trends and lost energy production during the recent hurricanes.
government realm
We think that's more a realm of the government,
bad believe industry precedent private support worthy
While we believe this is a very worthy program, we think it is a bad precedent to have private industry support a federally funded program.
achieve bring earnings energy enormous fear levels people realizing required size supplies
We fear that people are mistaking the size of our earnings for a windfall, not realizing the enormous levels of investments required to achieve those earnings and bring new energy supplies to the market.