78 Quotes by Rex Tillerson

This is an industry that lives in cycles. The price environment we're in today is not sustainable.

In conventional oil and natural gas production, you always produce a lot of formation water, and it's crummy water. It's real salty. It's got heavy metals in it. It's got bad stuff in it.

If you ask the average person on the street about U.S. energy and U.S. oil in particular, our situation, most Americans would say, 'Oh, we're energy poor; we don't have enough oil; we don't have enough natural gas.'

In our view, ROCE (return on capital employed) continues to be the best overall measure of financial performance given the long-term capital -intensive nature of our industry. I would be cautious of anyone who tries to de-emphasize it. Some seem to have focused on other metrics to guide what they view to be in the best interest of their shareholders.

By the year 2040, the world's population is likely to increase by about 2 billion people, with also projected economic output will be up about 130 percent versus the year 2010.

Changes to weather patterns that move crop production areas around - we'll adapt to that. It's an engineering problem, and it has engineering solutions.

By practically every measure, 2005 was an outstanding year.

You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.

Integrity is essential and irreplaceable. It is the most valuable asset for a person, a company, or a society seeking to build and progress.