If you take a look at the supply-demand fundamentals in the world, there's not a lot of excess supply available or much coming on line.
More Quotes from Jean Jacques Rousseau:
To renounce liberty is to renounce being a man, to surrender the rights of humanity and even its dutiesJean Jacques Rousseau
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Chevron is still in a situation of blending in the Unocal assets and there's the matter of how it's all going to line up in terms of long-term production growth targets.
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