Red Cavaney
Red Cavaney
Red Cavaney is an American businessman and lobbyist. He is a former CEO of the American Petroleum Institute, of Ericson Yachts, and he served in the administrations of Richard Nixon and Gerald Ford...
call clear soon
We call on the FTC to make clear its findings as soon as possible.
clearly found oil proven someday tested until
Yes, someday oil will be replaced, but clearly not until alternatives are found and tested - alternatives that are proven more reliable, more versatile, and more cost-competitive than oil.
again cleared confident industry time
Time and again our industry has been cleared of any wrongdoing in these matters, and we are confident that this investigation or any other will have the same results.
atlantic gulf lady luck ocean people sensitive smiles third weather
If Lady Luck smiles on us there won't be a third hurricane, ... Probably no one is more sensitive to the weather in the Atlantic Ocean or the Gulf than the people in this industry.
anytime crude heart oil ordinary production reasonable relatively small steady surplus therefore touches until worldwide
Anytime you have steady and predictable demand, which we have with worldwide crude oil demand, and you have relatively small surpluses of production capacity, anything out of the ordinary touches a speculator's heart and can therefore become a premium. Until you have a reasonable surplus capacity, you're going to have problems.
hope keeping
You have to keep feed-stock going to them if you're going to have any hope of keeping them up and running.
consumer
A waiver right now would be counterproductive for the consumer over time,
energy free mistakes past policies structures
the mistakes of some past energy policies by trampling the structures of the free marketplace.
energy joe knows policy
No one knows the ins and outs of energy policy like Joe Barton.
brought capacity company consistency focus returns ultimately
Lee's capacity to focus on shareholder returns and the consistency he brought that company will ultimately make him one of the industry's greatest.
aura beginning commands industry leaders lee legend people respect since tremendous
Lee has been a legend in the pantheon of industry leaders since the beginning of time. He commands this tremendous aura of respect when he speaks. People do listen.
attention consumers gas highly oil pay sector supply
... need pay little attention to the oil and gas sector because we're highly profitable, can fend for ourselves, and have managed to reliably supply consumers for a long time.
hold involved trying
They feel they are not necessary. We are not involved in trying to hold them in place.
escape estimate extent fortunate fuel minimal rita soon supply
It is too soon to estimate the extent of fuel supply disruptions, if any. However, even if we are fortunate enough to escape with minimal damage, the shutdowns in preparation for Rita will have some effect,