ConocoPhillips EVP: Rough Road Ahead for Oil Companies

摘要

The current climate for oil companies is harsh and it will only get worse, said John Lowe, executive vice president of ConocoPhillips' upstream operations, at last week's Bank of America 2007 Energy Conference (see story above).The media, the politicians and the general public "expect silver bullets that we're going to eliminate oil and gas and we're going to substitute it with some magic potion" that will give us free energy, Lowe said.