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Higher oil doesn't shake industry talk on spending discipline at CAPP conference

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TORONTO — The price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.

TORONTO — The price of oil has been on a steady climb all year, but the talk at Canada's biggest oil and gas conference is still focused on spending discipline.

"I want to become consistently and boringly excellent," said Kruger."I'm not a big one for surprise parties." "If you go back 10-plus years ago, we lived in a world we thought had resource scarcity, oil prices are going be $100 or better, where growth in production volumes was synonymous with growth in value, a different world than we live in today."

Still, with investors looking for the industry to reliably pump out cash, as much, if not more than they're looking for growth, company leaders are eager to assure they won't be lost in exuberance as prices rise.

 

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