ConocoPhillips (US.COP) CEO says a decision to drill more today won't see oil flowing for up to a year - 09 martie 2022
ConocoPhillips CEO Ryan Lance told CNBC on Tuesday that a decision now to start drilling for new oil will not bring immediate relief to the elevated prices seen around the globe. Lance’s comments, made in an interview on “TechCheck,” come shortly after the President Joe Biden announced the U.S. was banning Russian oil imports in a time when fears of supply shortages have caused prices to surge to their highest levels since 2008.