Quotes by Rex Tillerson

“We are patient, and we are not opportunity constrained.”

“You have to put a question mark around just how long the global economy can live at $60 a barrel.”

“Our industry remains massive and very much a long-term, capital-intensive business.”

“Projects still require years to develop, cost billions of dollars to bring on stream and operate for decades.”

“This is an industry that lives in cycles. The price environment were in today is not sustainable.”

“We invest our shareholders money wisely, in projects that remain attractive over the long term.”

“This represents the 12th consecutive year of greater than 100 percent reserves replacement.”

“We need U.S. energy companies that have the scale and financial strength to make investments, undertake the risk and develop the new technologies.”

“With respect to the committees specific question -- whether mergers and acquisitions in our industry have contributed to higher prices at the pump -- the answer is no.”

“We need companies that have the scale to compete.”

More and more jobs are applying cutting-edge technologies and now demand deeper knowledge of math and science in positions that most people dont think of as STEM-related, including machinists, electricians, auto techs, medical technicians, plumbers and pipefitters.

You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.

Energy independence and energy security are really two different things.

In the business world, we can point to instances when a lack of integrity has bankrupted entire companies - in sectors as different as finance, telecommunications, manufacturing, and energy.

Natural gas obviously brings with it a number of quality-of-life environmental benefits because it is a relatively clean-burning fuel. It has a CO2 footprint, but it has no particulates. It has none of the other emissions elements that are of concern to public health that other forms of power-generation fuels do have: coal, fuel oil, others.

It is the public that is illiterate in science and math, a lazy press, and environmental advocacy groups that manufacture fear for misconceptions about energy.

Integrity is essential and irreplaceable. It is the most valuable asset for a person, a company, or a society seeking to build and progress.