At Energy Confab, Oil Chiefs Fret Over Costs

foguinho  
em 07/03/14 10:15

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foguinho 
em 07/03/2014 10:17
..."All of us are facing new realities and pressures," John Watson, chairman and chief executive of Chevron Corp. CVX +0.37% , told a hotel ballroom jammed with an international assortment of men in suits and the occasional woman. "Labor and capital costs have doubled over the last decade." To pay for the rising price of extracting fossil fuels, the industry needs triple-digit oil prices, Mr. Watson warned. "The $100 barrel is the new $20," he said—a sobering statement since global oil prices havent been in the $20 range since 2002...
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foguinho 
em 07/03/2014 10:32
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