These companies are under pressure to show increasing assets. They're under pressure to show they can have organic growth and not just buy another company.
More Quotes from Amy Jaffe:
Owning reserves doesn't change the price. If the price of oil goes to 125 a barrel, and China owns a field in Sudan, the price for them is still 125.Amy Jaffe
At least maybe people will still start thinking about some of these issues.
Amy Jaffe
Russia is reminding people that they're the powerhouse of natural gas resources, but it's a false promise. They don't have their sector organized enough.
Amy Jaffe
In a way, the left is controlling that agenda. They're just implementing it at the community and state level.
Amy Jaffe
It's a substantial amount. It's many, many years of supply for current demands.
Amy Jaffe
The industry wasn't 100 percent convinced that prices would stay high. We're just now at the point where they're starting to spend more.
Amy Jaffe
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The subconscious is ceaselessly murmuring, and it is by listening to these murmurs that one hears the truth.
Gaston Bachelard
Of course a poem is a two-way street. No poem is any good if it doesn't suggest to the reader things from his own mind and recollection that he will read into it, and will add to what the poet has suggested. But I do think poetry readings are very important.
James Laughlin