Quotes from the news wire:
I personally think (Texas) shale oil will out survive LNG projects around the world, it'll survive new exploration projects, and they'll survive essentially all other shale plays in the U.S. in the Midland Basin, the world needs the Permian Basin. And so eventually supply-demand's going to reset. And the longer it stays lower, oil prices are going to bounce back even quicker.
– Chief Executive Scott Sheffield
Found on Reuters 9 years ago
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