We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].
![We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].](http://cdn.quoteddaily.com/images/matthew-simmons/weve-run-out-of-good-projects-this-is-not-a-money-issue-if-these-oil-companies-had-fantastic-projects-theyd.jpg)
We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].