There are going to be questions about what major oil companies are doing with all of the resources they're accumulating. They can't escape that.
Sentiment: NEGATIVE
The national oil companies still want to acquire some expertise so they will outsource more, but not totally.
We need a reasonable price where producers will not start nagging. At a reasonable price, we can invest to produce more oil.
But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.
Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables.
There are growing concerns that oil companies are making too much in profits at the expense of consumers.
There's not going to be any one replacement for oil: we need to have hundreds of solutions to this global issue.
I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.
The oil areas have a big problem digesting the oil. There's too much money, and the people don't know what to do with it. I'm finding all the time that we have more industries and more success stories which are not involved with oil.
I don't think we're going to see the price of oil going down in the near future, that's the reality.
What is the U.S. government looking for? And the elite governing this country? They're looking for oil.
No opposing quotes found.