Quotes About Gas

earnings from oil and gas exports provide the financial foundation for the Russian state and Russian power—in normal times, 40 to 50 percent of the government's budget, 55 to 60 percent of export earnings, and an estimated 30 percent of GDP.

domestic production. Yet the concern about Russia's potential leverage from gas exports does not fully recognize how much both the European and world gas markets have changed. The gas market in Europe has become a real market of buyers and sellers, rather than a system based on inflexible long-term contracts.

Between 2006 and 2013, Chinese gas consumption had tripled. Yet despite the decade of negotiations, the "big deal" on gas was mainly stuck on one question—price. Moscow wanted prices commensurate with what it charged Europeans and indexed to oil (which was still high), while Beijing wanted lower prices in line with domestic energy prices and competitive with coal.

announcement of the big deal—valued at $400 billion over thirty years. The contract would make China the second-largest market for Russian gas, after Germany. The Chinese would also provide the financing for a massive new $45 billion, thirteen-hundred-mile "Power of Siberia" gas pipeline. "This will be the biggest construction project in the world for the next four years, without exaggeration," Putin said after the signing.

objective, it said, was to push Gulf into transferring half of its U.S. oil and gas reserves into a royalty trust, which would be owned directly by the stockholders, giving them the cash flow and eliminating the double taxation on dividends.

Between the end of the Great Recession, in June 2009, and 2019, net fixed investment in the oil and gas extraction sector represented more than two-thirds of total U.S. net industrial investment. In another measure, between 2009 and 2019, the increases in oil and gas have accounted for 40 percent of the cumulative growth in U.S. industrial production.

Together, shale oil and shale gas have proven to be the biggest energy innovations so far in the twenty-first century. Wind and solar are both innovations of the 1970s and 1980s, though they came into their own only over the last decade. The United States has surged ahead of Russia and Saudi Arabia to become the world's number one producer of both oil and gas, and is now one of the world's major exporters of both.

The Marcellus shale would turn out to be the second-largest gas province in the world—and possibly the largest.

The first public gas streetlight in the United States is lit in Baltimore, Maryland.

As Nigeria continues to dither over the Petroleum Industry Bill, which has been in the Nigerian National Assembly since 2009 as aforementioned, Ghana her neighbour (who just joined the Petroleum Club not too long ago) on August 4 2016 passed its own petroleum bill, i.e. the Petroleum (Exploration and Production) Bill, 2016 into law in a bid to attract investments. Chika Onuegbu in his 2016 paper titled The Challenges and Implications of a Post PIB Nigeria for the Oil and Gas Workers

One U.S. senator has described Russia as "a gas station masquerading as a country"—and indeed, oil and gas play as large a role as ever.

Moments are like gas, they pass.

In a gas, motion has the upper hand; the atoms are moving so fast that they have no time to enter into any sort of combination with each other: occasionally, atom must meet atom and, so to speak, each hold out vain hands to the other, but the pace is too great and, in a moment, they are far away from each other again.

As an 18-year-old, I learned a valuable lesson when I attempted to cut costs and pumped leaded gas into my first car - a car that required unleaded gas only. It did not take long before I realized the gravity of my error.

I found the gas, he said. Now all's I need to do is find the brake.

Gas is getting so expensive I'm gonna ride a mexican to work.

The prices are ridiculous... I don't see how people can go back and forth to work or to school. How can we afford the gas?

If Nord Stream was built in Europe, I see no reason why South Stream cannot be built as well.

The stream in my hometown Calgary is the oil and gas industry - that's the talk you hear on the street.

Power, as in the power structure, is why we are still using gas in cars.

smell of natural gas, piped from the big metal tank in the backyard, filled once a month by a truck.

I've noted in the past how strange it is that conservatives have total faith in the power and flexibility of market economies, but claim that these economies will be completely destroyed if the government creates incentives to reduce greenhouse gas emissions.

wheel cast his eyes over the gauges. Out of gas.

I do not understand the squeamishness about the use of gas. I am strongly in favour of using poison gas against uncivilized tribes. It would spread a lively terror.