Quotes by John S. Watson - Page 1

Actually, I'm a strong supporter of comprehensive tax reform.
John S. Watson / Businessman
Comprehensive
Reform
Strong
Supporter
Tax Reform
Taxes
Tax
Strong Supporter
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We're going to need oil and gas and coal for a long time if America wants to keep the lights on.
John S. Watson / Businessman
Coal
Gas
Long Time
Oil
Time Long Long Time
Time Long America
Time Long Keep
Lights
Wants
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For most of the countries I visit, getting affordable energy in the hands of the people is a preoccupation.
John S. Watson / Businessman
Affordable
Preoccupation
Visit
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Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.
John S. Watson / Businessman
Demand
Energy
Incentives
Creates
Developed
Incentive
Price
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Despite some struggles of our own, Americas business and economic system remains the envy of much of the world.
John S. Watson / Businessman
Envy
Struggle
World
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The greatest advancements in living standards over the past century have been coincident with affordable energy.
John S. Watson / Businessman
Affordable
Standards
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Despite some struggles of our own, America's business and economic system remains the envy of much of the world.
John S. Watson / Businessman
Despite
Economic
Envy
Remains
Business World America
Economic System
Struggles
System
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The United States needs an energy policy that ensures America's tax, trade, regulatory and access policies are transparent and predictable.
John S. Watson / Businessman
Access
America
Energy
Energy Policy
Needs
Predictable
States
Transparent
Tax
Policies
Regulatory
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You know, Chevron - we don't do original research on climate change. It's the government's role to do that, and we accept the determinations that are there.
John S. Watson / Businessman
Climate
Climate Change
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I believe in free markets. I believe in free trade. I believe in creating the conditions that will allow that to happen. And if we do that, American companies are going to be pretty darn competitive.
John S. Watson / Businessman
Conditions
Creating
Believe Free Will
Free
Allow
American Companies
Pretty
Believe I Believe Will
Believe I Believe Free
Companies
Competitive
Darn
Free Markets
Happen
Markets
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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.
John S. Watson / Businessman
Environmental
Affordable
Coal
Gas
Oil
People
Standards
Strong
Environmental Energy People
Foremost
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Every barrel of oil that we produce around the world benefits Americans because it keeps prices down. We can talk more later about American energy independence, but the facts are, every barrel we produce helps Americans because it keeps prices down.
John S. Watson / Businessman
Independence
Benefits
Energy Independence
Facts
Oil
Produce
Barrel
Helps
Later
Prices
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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.
John S. Watson / Businessman
Environmental
Country
Focus
Practice
Shelter
Worried
Meal
Practices
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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.
John S. Watson / Businessman
Chinese
Coal
Demand
Gas
Growth
Natural Gas
Nuclear
Oil
Strong
Ahead
Be Strong
Forms
Voracious
Strongly
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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.
John S. Watson / Businessman
Jobs
Affordable
Australia
Country
Granted
Inventory
Resources
Revenue
Taken
Western
Western Europe
Base
Good World View
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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.
John S. Watson / Businessman
Barrels
China
Consumption
Crude
Crude Oil
Demand
Developing
Gas
Growth
Heart
Oil
Years
Around
Close
Coming
Developing World
Dictated
Period
Increasing
Issue
Million
Price
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The United States must recognize that access to reliable and affordable energy is the basis for economic expansion - and global competitiveness. And the nation must move from discouraging fossil fuel development - which is largely our approach today - to enabling it. We need all forms of energy to keep our economy strong.
John S. Watson / Businessman
Access
Affordable
Approach
Competitiveness
Development
Discouraging
Economic
Enabling
Energy
Expansion
Fossil Fuel
Fuel
States
Strong
Today
United States
Basis
Forms
Nation
Fossil
Global
Largely
Recognize
Reliable
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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.
John S. Watson / Businessman
Coal
Gas
Generations
Harder
Infrastructure
Natural
Natural Gas
Needs
Transportation
Best Work Power
Before
Beyond
Works
Buses
Centralized
Developed
Displace
Getting
Facilities
Fleet
Generation
Happening
Vehicles
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First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.
John S. Watson / Businessman
Debate
Despite
Energy
Fair Share
Gas
Higher
Oil
Pay
Rate
Tax
Businesses
Companies
Current
Effective
Fair
Manufacturers
Pays
Statutory
Tax Rate
Worldwide
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Historically, the United States has had a wonderful energy policy. We're blessed with a diversity of resources. We have oil. We have gas. We have coal. We have nuclear. And renewables. And as a result, one of our biggest competitive advantages has been affordable energy. You need a strong economy and you need affordable energy to fuel that economy.
John S. Watson / Businessman
Blessed
Oil
Strong
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John S. Watson Quotes - Page 1

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