Quotes About Oil

What, then, is the future of the $5 trillion global oil and gas industry that supplies almost 60 percent of world energy? The industry will continue to need to find and develop another three to five billion barrels a year just to make up for the natural decline in oil fields, which happens after a field has been in production for some time. The International Energy Agency estimates that over $20 trillion of investment in oil and gas development will be required over the next two decades.

I fear that our true motivation is about oil and our own flailing economy about the failure to destroy Al Qaeda and about revenge.

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.

For the same energy output as from coal or oil, methane combustion releases only half as much carbon dioxide. This implies that powering a nation entirely by gas reduces emissions of carbon dioxide by half.

The oil companies regard nuclear power as their rival, who will reduce their profits, so they put out a lot of disinformation about nuclear power.

There was a pause while Pendergast considered this. "I prefer hypocrisy to poverty." "Come to think of it, there is a rationale. Leng didn't make his money from killing. He made it from speculating in railroads, oil, and precious metals." Pendergast raised his eyebrows. "I did not know that." "There is much you still don't know about him.

The Arab-Israeli conflict is also in many ways a conflict about status: it's a war between two peoples who feel deeply humiliated by the other, who want the other to respect them. Battles over status can be even more intractable than those over land or water or oil.

There's a reason the trees are nicknamed nuke-alyptus. Few trees have as much oil in them as eucalyptuses. They're highly flammable, so much so that during fires they sometimes explode.

I grew up on a farm in Lexington, Oklahoma, a rural community south of Norman. My family moved to Enid, Oklahoma, in 1962, when I was a junior in high school. This cast me into a totally different environment. Enid was a company town for Champlin Petroleum, and there was an oil boom going on.

I'm trying to photograph an old offshore oil city that is lying in decay in the Caspian Sea, but I've been having a hard time getting there.

I paint in acrylic and sometimes in oil. Sometimes I'll paint my kids. And I'll occasionally do some photography.

One pillar of my cooking is that salad dressing is sacred and that you always make it with the most delicious oil you can find. Usually, that means extra-virgin olive oil.

I stick to stuff I'm pretty sure of and I know this: when the price of a barrel of oil is under $80 a barrel and you build a pipeline, you are driving up greenhouse gases.

When an oil company executive tells American families that we don't need to be concerned with tar sands pipeline safety, it's not only misleading, it's insulting.

Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything.

To Wall Street, a firm like BP isn't just a profitable energy company with lots of assets like oil rigs and pipelines and gas stations - it's also a corporation that routinely borrows hundreds of millions of dollars to keep its business up and running.

Obama came in really wanting to change things, but he hit a wall of corporate money, oil and coal money: when he tried to pass the Cap and Trade system of pharmaceutical money, when he tried to pass the Obamacare - which, of course, then got watered down into a much less effective, much less economical, program.

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.

So we are now still dependent on foreign oil, have a problem with global warming, and are losing jobs rapidly to the Japanese in fuel-efficient vehicles as a result of that very shortsighted progress.

Americans want to reduce our dependence on oil. And Americans really don't wanna be contributing global warming if they can help it.

Measuring the oil industry in dollars gives you a very warped view. Pick a sound currency such as Swiss francs or gold grams and look at the oil business through that lens.

The government may change faces from time to time, but it's not like we fight wars for democracy - we fight wars for capitalism and for oil.

Like many other Americans, I'm tired of the U.S. taxpayer paying for foreign wars, especially when the countries we defend have raked in huge oil profits.

I like to remove my makeup with oil. Face wash tends to dry your skin out and strip your natural pH balance.