161 Oil Price Quotes
Following is our list of oil price quotations and slogans full of insightful wisdom and perspective about oil production.
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Famous Oil Price Quotes
Oil is much too important a commodity to be left in the hands of the Arabs. — Sayings
Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market — Gary Miller
The oil under Libya is the champagne of oil, drop for drop the world's most valuable. — Annie Jacobsen
Good oil, like good wine, is a gift from the gods. The grape and the olive are among the priceless benefactions of the soil, and were destined, each in its way, to promote the welfare of man. — George Ellwanger
Finally, we should help developing nations like China and India curb their exponentially increasing consumption of oil and natural gas, which is driving world prices higher. — Bobby Jindal
Where oil is first found is in the minds of men — Wallace Pratt
Somehow we have to figure out how to boost the price of gasoline to the levels in Europe. — Steven Chu
Quite frankly, I think nothing could do more to immediately bolster national security then enabling us to produce more oil and gas here at home at a price consumers could afford. — Phil Gramm
High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel. — Major Owens
There is oil in the Middle East there is rare earth in China. — Deng Xiaoping
As the price of gas goes up, people will become more conscience of how much they use. — Mike Rounds
We clearly need to break our addiction on Saudi Arabian oil that is a security threat to the United States. — Jay Inslee
Why don't those damn oil companies fly their own flags on their personal property-maybe a flag with a gas pump on it. — Smedley Butler
The more we are consuming oil that either comes from places that are bent on our destruction or helping those who are... the more we are enabling those who are trying to kill us. — Frank Gaffney
Subsidy Quotes:Nigeria is not an oil rich country. We are an oil producing country. — Sanusi Lamido Sanusi
Short Oil Price Quotes
- A smell of petroleum prevails throughout. — Bertrand Russell
- I'll attack one of these guys for oil, bru. That's how American I am. — Theo Von
- There are substitutes for oil; there is no substitute for fresh water. — Paul R. Ehrlich
- Arabs may have the oil, but we have the matches. — Ariel Sharon
Crude Oil Quotes
This young wine may have a lot of tannins now, but in five or 10 years it is going to be spectacular, despite the fact that right now it tastes like crude oil. You know this is how it is supposed to taste at this stage of development. — Itzhak Perlman
As we all know, no crude oil refineries have been built in the United States since 1976. During that time, close to 100 ethanol refineries have been built. — John Shimkus
If I think too much about all of those Chinese factories where all the stuff in a Wal-Mart is made, I get that woozy feeling you get when you see ducks covered in crude oil. — Doug Coupland
About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it. — Peter DeFazio
In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there. — Peter DeFazio
If I think too much about all of those Chinese factories where all the stuff in a Wal-Mart is made, I get that woozy feeling you get when you see ducks covered in crude oil. — Douglas Coupland
The crude oil market, unlike every other commodity in America, is virtually unregulated. — Peter DeFazio
A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations — Gary Miller
In 1973, America imported 30 percent of its crude oil needs. Today, that number has doubled to more than 60 percent. Gas prices are as high as they are now in part because we've had no comprehensive national energy policy for the past few decades — Gary Miller
Rockefeller made his money in oil, which he discovered at the bottom of wells. Oil was considered crude in those days, but so was Rockefeller. Now both are considered quite refined. — Richard Armour
Oil Production Quotes
The use of plant oil as fuel may seem insignificant today. But such products can in time become just as important as kerosene and these coal-tar-products of today. — Rudolf Diesel
Our reliance upon knowledge and scientific thinking to achieve total development is the only way to bring our nation ahead to the stage of non-oil production, a lesson learnt from nations with little or no natural resources. — Mohamed bin Zayed Al Nahyan
Whenever anyone grows tired of the secondhand sort of existence that depends on purchased products, and wants to resume the intimate relationship with nature that man once enjoyed, the kukui-nut stands ready to furnish him with food, flavor, tannin, oil, paint, varnish, medicine, and magic. — Euell Gibbons
Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output. — John Hoeven
Rising oil prices have focused the world's attention on the depletion of oil reserves. But the depletion of underground water resources from overpumping is a far more serious issue. Excessive pumping for irrigation to satisfy food needs today almost guarantees a decline in food production tomorrow. — Lester R. Brown
The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product. — Martin Feldstein
However, it was not us who refused to freeze oil production; our Saudi partners changed their point of view at the last moment and decided to slow down the adoption of this decision. I would like to reiterate our position, it remains the same. — Vladimir Putin
So long as oil is used as a source of energy, when the energy cost of recovering a barrel of oil becomes greater than the energy content of the oil, production will cease no matter what the monetary price may be. — M. King Hubbert
The primary benefit of a vegan diet is that the removal of animal products usually necessitates a higher amount of nutrient-rich plant produce. The cons of a vegan diet could be the inclusion of too much heavily processed food, including seitan and isolated soy protein, flour, sweeteners and oils. — Joel Fuhrman
Deforestation for palm-oil production also contributes significantly to climate change. The removal of the native forests often involves the burning of timber and remaining forest undergrowth, emitting immense quantities of smoke into the atmosphere. — Katie Cleary
Oil Consumption Quotes
Every day we hear about a new invention here and there and they are reducing considerably their consumption of oil. But the day they use hydrogen for transportation, this is the day that oil disappears. — Ahmed Zaki Yamani
So we in Congress have a very clear choice. We can take largely symbolic action and sit back and fiddle while Americans burn more gasoline. Or we can pass concrete, effective legislation that will save consumers money while significantly reducing U.S. oil consumption. — Sherwood Boehlert
And almost half of American oil consumption is for motor vehicles. — Tim Holden
Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place — Kenneth Rogoff
Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we have to slow the growth of U.S. oil consumption, particularly imported oil consumption. — Sherwood Boehlert
The real problem is that we use too much oil. It's that simple and that difficult. If we truly want to reduce our vulnerability to high prices, the best way to do so is to reduce consumption. — Richard Heinberg
The parrot holds its food for prim consumption as daintily as any debutante, [with] a predilection for pot roast, hashed-brown potatoes, duck skin, butter, hoisin sauce, sesame seed oil, bananas and human thumb. — Alexander Theroux
I supported to reduce oil consumption in California by 50 percent, 50 percent in the next 15 years. They didn`t even bother to show up. — Jerry Brown
The oil patch pays good. They're decent jobs paying between 50 and 70 thousand a year. Fracking has a big impact on the oil consumption in the United States. — Harold Hamm
My fear is that the global consumption of oil is going to increase, but European oil consumption has already reached its peak. The amount of oil available globally, I think, has already peaked. — Gunther Oettinger
Oil Industry Quotes
Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil. — Max Keiser
There is an urgent need to stop subsidizing the fossil fuel industry, dramatically reduce wasted energy, and significantly shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources. — Bill McKibben
The use of solar energy has not been opened up because the oil industry does not own the sun. — Ralph Nader
Since 1850, burning of fossil fuels, coal, oil and natural gas has increased 100 times to produce energy as the world has industrialized to serve the world's more than 6 billion and growing population. — John Olver
Collectively the media; the meat, oil, and dairy industries; most prominent chefs and cookbook authors; and our own government are not presenting accurate advice about the healthiest way to eat. — Caldwell Esselstyn
The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy. — Alan Grayson
But Big Oil and Big Coal have always been as skilled at propaganda as they are at mining and drilling. Like the tobacco industry before them, their success depends on keeping Americans stupid. — Jeff Goodell
The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it is thought that there are at least 5 trillion barrels of petroleum resources, of which 1.4 trillion is sufficiently developed and technically and economically accessible. — Daniel Yergin
The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier. — Joseph Stiglitz
Having yet another vote on refinery legislation that uses high oil prices as an excuse to weaken environmental protections and to give more legislative gifts to the oil industry is misguided in the extreme. — Sherwood Boehlert
Oil Companies Quotes
I decided to write the book to open the eyes of the people of how corrupt John D. Rockefeller company was and the unfair ways he used to be successful. I wanted the people to know the truth about the Standard Oil Company. — Ida Tarbell
My father was a middle manager at an oil company, but I never knew anything about his work. Whatever business acumen I have just got gleaned over the years. — Donna Mills
What do oil company executives, vampires and NASA bureaucrats all have in common? They fear solar energy. — Michio Kaku
BlackRock does not pursue divestment from oil and gas companies as a policy. — Larry Fink
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. — James Lovelock
Of the 55 refineries closed in America in the last 10 years, they were all closed for economic reasons, mostly oil company mergers. Not a single one was closed for environmental purposes or objections. — Peter DeFazio
I see a lot of damage to Mother Earth. I see water being taken from creeks where water belongs to animals, not to oil companies. — Winona LaDuke
So when you go up against the Far Right you go up against the big financial special interests like the Halliburtons of the world, the big oil companies, the big energy companies who work so hard to rip us off. — Barbara Boxer
The best business in the world is a well run oil company. The second best business in the world is a badly run oil company. — John D. Rockefeller
When my job was attempting to predict future economic developments for the Shell oil company, I was frequently reminded of an Arabic saying: 'Those who claim to foresee the future are lying, even if by chance they are later proved right.' — Vince Cable
Oil Business Quotes
The movie business has always been like the wild-catting oil business. Everyone wants a gusher. — Michael Eisner
One of the most depressing features of the ethical side of the matter is that instead of such methods arousing contempt they are more or less openly admired. And this is logical. Canonise 'business success,' and men who made a success like that of the Standard Oil Trust become national heroes! — Ida Tarbell
Big oil, big steel, big agriculture avoid the open marketplace. Big corporations fix prices among themselves and thus drive out of business the small entrepreneur. Also, in their conglomerate form, the huge corporations have begun to challenge the very legitimacy of the state. — Gore Vidal
The secret of success is to get up early, work late and strike oil. — John D. Rockefeller
Extracting oil from the tar sands is a nasty, polluting, energy-intensive business. — Jeff Goodell
You could transfer Congress over to run Standard Oil or General Motors, and they would have both things bankrupt in two years. — Will Rogers
The people among which I lived - and yet live, mainly - made their living from cotton, wheat, cattle, oil, with the usual percentage of business men and professional men. — Robert E. Howard
It's to paint directly on the canvas without any funny business, as it were, and I use almost pure turpentine to start with, adding oil as I go along until the medium becomes pure oil. I use as little oil as I can possibly help, and that's my method. — Edward Hopper
In 1979 I teamed up with my friend and business partner, Bill DeWitt, and together we formed an oil and gas company that invested through limited partnerships in oil and gas exploration. — Mercer Reynolds
The business of peace requires more than showing up with paint brushes, foodstuffs and an oil pipeline or two. — Tony Snow
Petroleum Quotes
I am convinced that Nigeria would have been a more highly developed country without the oil. I wished we'd never smelled the fumes of petroleum. — Wole Soyinka
Russia is a gas station masquerading as a country. — John McCain
When you have energy companies like Shell and British Petroleum, both of which are perhaps represented in this room, saying there is a problem with excess carbon dioxide emission, I think we ought to listen. — James Baker
You're not allowed to call them dinosaurs any more," said Yo-less. "It's speciesist. You have to call them pre-petroleum persons. — Terry Pratchett
Just as fossil-fueled resource mastery led to more fossil fuels, it also led to more of every kind of resource being available – including the gold, mercury, silver, copper, zinc, natural gas, and petroleum the Club of Rome had predicted would have run out by now. — Alex Epstein
Dear future generations: Please accept our apologies. We were rolling drunk on petroleum. — Kurt Vonnegut
To cause the face to appear in a mass of flame make use of the following: mix together thoroughly petroleum, lard, mutton tallow and quick lime. Distill this over a charcoal fire, and the liquid which results can be burned on the face without harm. — Harry Houdini
Even as we work to develop more sources of petroleum for the United States, we must continue our vigorous pursuit of alternative fuels, so that we can be powered by cleaner, more efficient sources of energy. — Virgil Goode
The suggestion that petroleum might have arisen from some transformation of squashed fish or biological detritus is surely the silliest notion to have been entertained by substantial numbers of persons over an extended period of time. — Fred Hoyle
Petroleum is the product of a distillation from great depth and issues from the primitive rocks beneath which the forces of all volcanic action lie. — Alexander von Humboldt
Fuel Prices Quotes
Some solutions are relatively simple and would provide economic benefits: implementing measures to conserve energy, putting a price on carbon through taxes and cap-and-trade and shifting from fossil fuels to clean and renewable energy sources. — David Suzuki
Unless a price can be put on carbon emissions that is high enough to force power companies and manufacturers to reduce their fossil-fuel use, there seems to be little chance of avoiding hugely damaging temperature increases — Rajendra K. Pachauri
But It doesn't make sense for us to have a continued reliance on a supply of oil where whenever there is unrest in another part of the world, gasoline prices jump up. We need a renewable fuel industry that's more than corn-based, of course, and there are a whole series of great opportunities here. — Tom Vilsack
The EPA's greenhouse gas regulations, along with a host of other onerous regulations, are unnecessarily driving out conventional fuels as part of America's energy mix. The consequences are higher energy prices for families and a contraction of our nation's economic growth. — Gina McCarthy
I believe we will see a biofuels resurgence. While gas prices skyrocket and we continue to wage wars for oil, while spills, fracking, tar sands and the oil madness of our empire continue, people are waking up and realizing that you can't be against petroleum and against fuels that come from nature. — Josh Tickell
I personally think that a couple of pounds a week - maybe rising to almost £3 a week - is a reasonable price for Britain to achieve a degree of energy security to reduce its total dependence on fossil fuels and to honour its commitments to cut green house gases. — Tim Yeo
I would caution against fueling cheap populism. First of all, every German who has spent a vacation in Greece knows that the standard of living there isn't higher than it is in Germany. Second, Greece is paying a high price for European assistance. — Wolfgang Schauble
We need to do more to conserve fuel or face tougher choices such as steep price increase or even quantitative restrictions. — Veerappa Moily
We've got fuel prices coming down and good travel numbers coming out, so it's not surprising airline stocks are going up. — Andrew Sullivan
A fuel prices remain unstable and our nation's highways and airports suffer ever-increasing congestion and delays, Amtrak offers an invaluable alternative upon which Americans have come to rely — Jim Jeffords
Heating Oil Quotes
Nearly all of our existing power sources are generators which use a heat cycle. This includes our coal, oil, and gas fired utilities, our automobiles, trucks, and trains, and even our nuclear fission utility power plants. — Wilson Greatbatch
Estrogen is a powerful if vengeful hormone affecting a woman's fertility, moods, sleep patterns, appetite. Estrogen is the household heating oil of womanhood. — Marilyn Suzanne Miller
We hear about the successful "Texanisation" of the Republican party. And doesn't Texas sometimes seem to resemble a country like Saudi Arabia, with its great heat, its oil wealth, its brimming houses of worship, and its weekly executions? — Martin Amis
As the temperature drops, the need for heating oil goes up. — Christopher Dodd
Rural American families who depend on firewood to heat their homes will be hit just as hard as those who use oil and natural gas. — Richard Pombo
When I heated my home with oil, I used an average of 800 gallons a year. I have found that I can keep comfortably warm for an entire winter with slightly over half that quantity of beer. — Dave Barry
Water is more precious than oil. Both are more precious than music. Music won't heat a house or help a plant to grow. — Pete Townshend
Opec Quotes
Fear of emotional contact with men out of fear of being a sexual suspect makes boys, ironically, even more powerless before girls. Homophobia is like telling the United States it will be a sissy nation if it doesn't get all its oil from OPEC. — Warren Farrell
For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil. — T. Boone Pickens
My big focus is China and OPEC and all of these countries that are just absolutely destroying the United States. — Donald Trump
There is no free market for oil. It's controlled by a cartel, OPEC. — Frederick W. Smith
As the cost of gasoline rises and our dependence on foreign oil continues to increase, the effect of sending over $100 billion each year to OPEC nations hurts every American. — Paul Gillmor
My problem is that my imagination won't turn off. I wake up so excited I can't eat breakfast. I've never run out of energy. It's not like OPEC oil; I don't worry about a premium going on my energy. It's just always been there. I got it from my mom. — Steven Spielberg
If you look - look at - I mean, look at what's going on with your gasoline prices. They're going to go to $5, $6, $7 and we don't have anybody in Washington that calls OPEC and says, 'Fellas, it's time. It's over. You're not going to do it anymore.' — Donald Trump
If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC. — Byron Dorgan
There is no free market for oil. — T. Boone Pickens
[Dependency on OPEC] is the greatest transfer of wealth from one group to another in the history of mankind. — T. Boone Pickens
People Writing About Oil Price
| Name | Quotes | Likes |
|---|---|---|
|
Sayings |
6895 | 535 |
|
Gary Miller |
13 | 67 |
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Annie Jacobsen |
73 | 1 |
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Bobby Jindal |
82 | 255 |
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Steven Chu |
37 | 228 |
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Phil Gramm |
30 | 244 |
More Oil Price Quotes
Rockefeller and his associates did not build the Standard Oil Co. in the board rooms of Wall Street banks. They fought their way to control by rebate and drawback, bribe and blackmail, espionage and price cutting, by ruthless efficiency of organization. — Ida Tarbell
We must have a relentless commitment to producing a meaningful, comprehensive energy package aimed at conservation, alleviating the burden of energy prices on consumers, decreasing our country's dependency on foreign oil, and increasing electricity grid reliability. — Paul Gillmor
By reducing our dependence of foreign oil and increasing alternative energy sources such as ethanol, we can begin to bring down prices at the pumps, create thousands of new jobs and bring a much needed boost to our economy. — Jim Ryun
The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced. — Elon Musk
The thing you have to remember is, oil and gas are commodities, and the more we use them the more the price goes up, like any commodity. Solar, wind - they are technologies, so the more you use them, the more the price goes down. — Thomas Friedman
If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200. — Hugo Chavez
The way to bring gas prices down is to end our dependence on oil and use the renewable sources that can give us the equivalent of $1 per gallon gasoline. — Al Gore
People who are running for office mislead the American people by saying that there's a three-point plan or a bumper sticker kind of way of bringing down gasoline prices. The fact of the matter is that nobody can do that. The price of oil is set on the global economy. People who have looked at this closely and hard know that's the case. — Ken Salazar
The reason gas prices are so high is because the oil is in Texas and Oklahoma and all the dipsticks are in Washington. — Yakov Smirnoff
Even if we were to sign peace today, the economic conditions in our country would not improve automatically because it will take some time to reach the level of oil production before the war and the oil prices are likely to remain low for some time as the supply of oil in the world is high and demand is low. — Salva Kiir Mayardit
The oil companies are really making a very lucrative amount of profit from the high price of oil. I don't that they're very keen to reduce the price of oil. The consumers are those who are the victims so I think that the producers, the governments, some of them, they're enjoying the high revenue that they get. — Ahmed Zaki Yamani
I think that there's no question that, in Alberta as the price of oil continues to drop, that there are families ... that are worried about the instability that that brings to the economy. And so that has to be more and more front and centre in terms of the work that we do as a government. — Rachel Notley
I will do my best to reduce the price of oil to expand the life span of oil at least for two decades or three decades. — Ahmed Zaki Yamani
I think the main problem we have is the pricing of oil as it is now. I think it's wrong. It does not reflect the fundamentals of supply/demand. — Ahmed Zaki Yamani
It's estimated that about 30 percent of the increase in grain prices could be attributed to the decision to embrace biofuels, particularly corn-based ethanol. It has done nothing for climate change and the business is in real trouble now with the collapse of oil prices. It's completely dependent on a dollar subsidy and tariff from the government. — Michael Pollan
Britain in the 1970s was undoubtedly an economic mess because of the oil price explosion. — Barbara Castle
Art is what we call...the thing an artist does. It's not the medium or the oil or the price or whether it hangs on a wall or you eat it. What matters, what makes it art, is that the person who made it overcame the resistance, ignored the voice of doubt and made something worth making. Something risky. Something human. Art is not in the ...eye of the beholder. It's in the soul of the artist. — Seth Godin
I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises. — T. Boone Pickens
We will work to bring an element of stability to the price of oil. — Olusegun Obasanjo
The war on terrorism has made national security a legitimate concern, and a rising deficit, changes brought on by globalization and even the price of oil have thrown the nation's economic health into question. — Roger Mahony
Among the many important provisions in the energy bill are the creation of an estimated half million new jobs, increased oil production, blackout protection, controlling fertilizer costs by stabilizing natural gas prices and enacting new efficiency benchmarks. — Paul Gillmor
Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables. — Paul Hawken
A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety. — Daniel Yergin
When oil and gas prices went up dramatically and filled up the state treasury, I sent a large share of that revenue back where it belonged - directly to the people of Alaska. — Sarah Palin
I think we have to ask this administration, and the President specifically, about using their political capital now to stand up for the American consumer who is getting clobbered by these gasoline and oil prices. — Ron Wyden
Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies. — Major R. Owens
I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price. — Gordon Brown
So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia. — Frank Carlucci
Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters. — Veerappa Moily
There's a lot of money to be made by strip-mining and drilling the dirtiest oil on the planet. But why should the rest of us pay the price? — Robert Redford
The Bush administration and Congressional Republicans have failed to bring up comprehensive energy reform or any piece of legislation for that matter that would lower gas prices, opting instead to give massive subsidies to the oil and gas industry — Rosa DeLauro
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