6 Quotes by Jeb Armstrong

Where else are they going to go? This is the place that's open to them.

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.

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.

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.

They're primarily in the business of pulling oil out of the ground, so it's generally a benefit to them,

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.