I don't think we will buy another strategic stake in another Russian company.
More Quotes from James Mulva:
The trend toward consolidation is being driven by globalization, with mergers giving companies from all industries sufficient scale and a lower cost structure to enable them to compete in a global arena.James Mulva
While we believe this is a very worthy program, we think it is a bad precedent to have private industry support a federally funded program.
James Mulva
Our country sorely needs additional refining capacity, pipelines and other critical energy infrastructure, including LNG liquefied natural gas-receiving terminals. The private sector will make these investments without need of any new government incentives, ... However, the industry needs governments at all levels to streamline permitting and environmental review processes so we can make these investments and add to our energy supplies.
James Mulva
As an industry we feel it is not a good precedent to fund a government program.
James Mulva
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