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...
american-businessman economic energy industry lifeblood profile view
I view energy as the lifeblood of world economic activity. And as a result, the energy industry has a profile that is particularly acute.
above although america early gas levels low marketing natural north oil prices recovery remained seen
Oil prices have remained above first-quarter levels and natural gas prices in North America have also improved, ... Early in the quarter, we have seen some recovery in most refining and marketing margins, although they remain at low levels, particularly in the Asia-Pacific region.
america assets complement example line minimal north production south strengths technology west
In the exploration and production area, for example, Mobil's and Exxon's respective strengths in West Africa, the Caspian region, Russia, South America and North America line up well, with minimal overlap, ... Our respective deepwater assets and deepwater technology also complement each other well.
criticize higher shortage trying
I'm not trying to criticize the traders, ... Obviously, the probability of a shortage is higher than it has been in the past.
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,
lean mean outsource
We'll keep a very lean and mean organization, and we'll outsource everything we can.
either retire soon
You either retire or die, and I'd just as soon not die.
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,
acted encouraged pricing retailers service
acted responsibly in pricing at our company-operated service stations, and we also encouraged our independent retailers and distributors to do the same.
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.
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.
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.