15 Quotes by Bruce Lanni

This is something that has never been tested before. Will the FTC allow BP to be the dominant producer on the (Alaskan) North Slope?

There's a lot more value in both the integrated and independent exploration and production companies. They haven't moved at nearly the same pace as the oil service companies.

There's concern that Iraq knows it's in a position that if it pulls its production off the market it would have significant implications on moving oil prices sharply higher.

A billion dollars -- that's fairly sizeable, but not in the scheme of things in respect to the Texas City refinery.

In a perfect world, you'd take the premium out, and you're looking at an oil price in the lower- to mid-30s. But it is not a perfect world.

I believe OPEC will be forced into a situation to raise production if prices remain at high levels.