Projects still require years to develop, cost billions of dollars to bring on stream and operate for decades.
More Quotes from Rex Tillerson:
With respect to the committee's specific question -- whether mergers and acquisitions in our industry have contributed to higher prices at the pump -- the answer is no.Rex Tillerson
By practically every measure, 2005 was an outstanding year.
Rex Tillerson
I don't think people should look for much to be different. It's a culture that started many, many years ago. It's a culture familiar to me since I joined the company, now almost 32 years ago.
Rex Tillerson
We are patient, and we are not opportunity constrained.
Rex Tillerson
You have to put a question mark around just how long the global economy can live at 60 a barrel.
Rex Tillerson
We are investing heavily in conventional oil and natural gas, which is the business we are in. We are not in those other businesses.
Rex Tillerson
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