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...
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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.
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He can very quickly get to the essence of a conversation. People talk about him as a very skilled negotiator . . . (with) tremendous project management skills, capacity to envision very, very complex undertakings.
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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.
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The increased prices that people are having to pay is attributable to the increased costs of the price of crude oil and the 5 to 6 cents (a gallon) that we said is going to be the cost to refiners to go ahead and blend this new blend.
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A long time ago, people used to brag about reserves. It's all about reserves.
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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.
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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.
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No one knows the ins and outs of energy policy like Joe Barton.
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You have to keep feed-stock going to them if you're going to have any hope of keeping them up and running.
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We call on the FTC to make clear its findings as soon as possible.
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... 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.
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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,
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We can no longer be fortress America. I think we, like other industries, have been slow in understanding the need to communicate what we're doing to the public and opinion makers.
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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.