40 Quotes by Lee Raymond

Our earnings in the third quarter reflect the impact of the relatively volatile industry environment on commodity prices and industry margins.

acted responsibly in pricing at our company-operated service stations, and we also encouraged our independent retailers and distributors to do the same.

Oil prices have remained above first-quarter levels and natural gas prices in North America have also improved, ... Early in the quarter, we have seen some recovery in most refining and marketing margins, although they remain at low levels, particularly in the Asia-Pacific region.

You shouldn't be talking to me. You should be down asking your representatives in Congress how did they let this happen.

You should be down asking your representatives in Congress how did they let this happen? They had been told for two years this was going to happen.

It's profits that make the companies run and make the economy run.

I view energy as the lifeblood of world economic activity. And as a result, the energy industry has a profile that is particularly acute.

I'm not trying to criticize the traders, ... Obviously, the probability of a shortage is higher than it has been in the past.

If there's an excise tax, what that means is over the cycle we're going to have less earnings than we would have had, and therefore our ability and our willingness to invest is going to diminish.