Lee Raymond
Lee Raymond
Lee R. Raymondis an American businessman, and the chief executive officerand chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and has been president since 1987, and a director since 1984...
crafted history likely market negative reaction teaches
History teaches us that punitive measures, hastily crafted in reaction to short-term market fluctuations, will likely have unintended negative consequences.
quick
There are no quick fixes and there are no short-term solutions,
either retire soon
You either retire or die, and I'd just as soon not die.
lean mean outsource
We'll keep a very lean and mean organization, and we'll outsource everything we can.
adverse commodity economic environment price produced results solid
Exxon Mobil produced solid results in an adverse economic and commodity price environment,
absolutely although commission federal pleasantly trade
We would be absolutely amazed, although pleasantly surprised, if the Federal Trade Commission said we did not have to rationalize some assets,
answer best
New, grass-roots refineries are not necessarily the best answer for the industry,
clean curb economic energy fossil fuels inventing luxury people social understand water
People who want to curb the use of fossil fuels need to understand that not everyone in the world has the luxury of inventing romanticized scenarios. Many people just need clean water and energy to fuel social and economic progress.
consequences crafted creating earnings globally history including likely market measures negative openly petroleum reception teaches traded volatility
Petroleum earnings go up and down with the volatility in the openly and globally traded commodities in which we deal. ... History teaches us that punitive measures hastily crafted in reception to short-term market manipulations, will likely have unintended negative consequences including creating disincentives for investment.
commodity earnings environment impact industry prices quarter reflect relatively third volatile
Our earnings in the third quarter reflect the impact of the relatively volatile industry environment on commodity prices and industry margins.
asian crude driven mild oil prices surplus winter
Crude oil prices weakened in the quarter, driven by the slowdown in Asian economies, mild winter weather, and a surplus of crude oil supplies,
anticipate capital higher increase means production rise spending
The rise in capital spending that we anticipate through 2005 means that production will increase at an even higher rate,
asking congress talking
You shouldn't be talking to me. You should be down asking your representatives in Congress how did they let this happen.
asking congress
You should be down asking your representatives in Congress how did they let this happen? They had been told for two years this was going to happen.