There would have to be a structural shift in prices to change their perspective, ... Right now, there's a lot of speculation built into oil prices -- the majors will have to see that turn into fundamentals in order to change their plans. -Jeb Armstrong

 

There would have to be a structural shift in prices to change their perspective, ... Right now, there's a lot of speculation built into oil prices -- the majors will have to see that turn into fundamentals in order to change their plans.


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This quote is just one of 4 total Jeb Armstrong quotes in our collection. Jeb Armstrong is known for saying 'There would have to be a structural shift in prices to change their perspective, ... Right now, there's a lot of speculation built into oil prices -- the majors will have to see that turn into fundamentals in order to change their plans.' as well as some of the following quotes.

If there's any drawback, it would be in terms of how higher prices would affect the margins in their refining operations -- but that's not an issue now because of capacity constraints we have here in the United States.

Jeb Armstrong

There would have to be a structural shift in prices to change their perspective, ... Right now, there's a lot of speculation built into oil prices -- the majors will have to see that turn into fundamentals in order to change their plans.

Jeb Armstrong

This just sort of adds insult to injury, in many respects, ... They're trying to get Pascagoula up and running, and then this gets whacked.

Jeb Armstrong