- Price
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- Nov 07, 2020
Top 10 John S Watson Quotes
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- Last Updated on May 30, 2021
- Long
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- Nov 07, 2020
Most of the well-developed world - Australia, Western Europe - they develop their resources base, they inventory it, they develop it, and they view it as a good source of jobs and revenue. We are a country that for too long has taken affordable energy for granted.
- Environmental
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- Nov 07, 2020
What I see are people who want affordable energy. They want strong environmental standards - they want a lot of things - but first and foremost they want affordable energy. And if you want affordable energy, you want oil, gas and coal.
- Crude Oil
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- Nov 07, 2020
About 75% of the price of gas is really dictated by crude oil. At the heart of the issue is increasing demand over a period of many years around the world. World crude oil consumption now is close to 90 million barrels a day. Most of the growth in demand is coming from China and the developing world.
- Be Strong
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- Nov 07, 2020
Chinese growth will either be strong or very strong. They have a voracious demand for energy that will only continue to grow. What they're doing... is looking at all forms of energy. They're going ahead very strongly with coal, nuclear, oil, natural gas.
- Environmental
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- Nov 07, 2020
If you look around the world, the countries with the best environmental practices are the wealthiest. There's a reason for that. If you're worried about where your next meal is going to come from or shelter over your head, your focus is on those things.
- Displace
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- Nov 07, 2020
Natural gas will displace coal in power generation. Getting natural gas into the transportation fleet is harder. It works best for vehicles that work from centralized fueling facilities like trucking fleets or buses and cabs. That is happening. Before it can make big inroads beyond that, infrastructure is going to need to be developed.
- Debate
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- Nov 07, 2020