David Reilly
David Reilly
David Reillywas the singer and songwriting/production partner in the electro-rock band God Lives Underwater, signed by Rick Rubin to American Recordings in 1993...
benefits consumer created efficient energy form gas helped industry marketing mergers oil past reliable
Mergers in the US oil and gas industry over the past 25 years have helped the industry become more efficient in the production, refining and marketing of energy supplies. These mergers have created benefits for the American consumer in the form of affordable, reliable and higher-quality fuels.
addressing bears consuming energy global largest responsibility states unique united
As the world's largest consuming nation, the United States bears a unique responsibility in addressing global energy issues.
access cheap cheaper clearly count difficulty easy energy era gas natural oil simply time
Simply put, the era of easy access to energy is over. We are experiencing the convergence of geological difficulty with geopolitical instability. . . . The time when we could count on cheap oil and even cheaper natural gas is clearly ending.
energy investing
investing aggressively in the development of new energy supplies.
aligned bringing energy extensive global line projects queue supplies
These investments are aligned with our extensive queue of projects that are scheduled to come on line between now and 2008, bringing significant new supplies of energy to U.S. and global markets.
arrived fact heard issue
We had not heard that there would be an issue and now that the day has arrived that is in fact a reality.
almost base cuts double population state vulnerable
Our population base that's over 65 is almost double the state average. Obviously, we are particularly vulnerable to reimbursement cuts to Medicare.
prefer tax
I would much prefer to see streamlined permitting... than tax incentives.
announcing approval gone last merger october operating planning ready receiving since start
Our integration planning since announcing the merger last October has gone exceptionally well, ... Upon receiving stockholder approval, we will be ready to start operating effectively as one company.
grown production proved reserves
Over this period, our production has grown by two-thirds and our proved reserves have about doubled.
again definite
We'll notify them again when there's a definite date.
attract demand fact happen high higher issue next prices production question rarely tend
The big issue is what demand is going to be next year. High prices tend to attract higher production and higher supplies. The question then is, What will happen to the demand side? The fact is we rarely know what is going to happen.
concerned crude issue less oil processing rates term today
The issue is getting refining and processing rates up, particularly in the Gulf. I'm less concerned about the short- term oil supply. Today there is crude oil in the market.
pay service volume
The volume does not pay for the service.