ConocoPhillips CEO says a decision to drill more today won't see oil flowing for up to a year - CNBC

"We've got to make sure the capital we spend generates an adequate return for our shareholders," ConocoPhillips CEO Ryan Lance told CNBC.

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, m… [+3780 chars]

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