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Doesn't matter any more, there's not much more oil to find and Lee Raymond knows that. They've got their current projects and there are few more to put onstream.
This is why I believe Lee only reads the financial reports but is unconcerned with the actual production data.
Why would he care--given his mission to increase company and stockholders profits? So the bottom line is that consumption is inelastic given flat production and the profits go up and up and up and up and up.....
Win-Win for Ray. Lose-Lose for us.