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"The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly."
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"I thank all of those who weren't born in this country for coming here and making a contribution to Australia. We are the least discriminatory country in the world, in my view."
"For us Australians, Singapore also represents sacred soil. Almost 2000 Australians died here in the defense of your island country and our neighborhood."
"The great nations have always acted like gangsters, and the small nations like prostitutes."
"Following the devastation of Hurricanes Katrina and Rita, $3 per gallon gasoline became common and our nation has come under considerable strain."
"Hungary is very similar to Bulgaria. I know they're different countries."
"It's the only sport that's played in every country in the world. It's played and watched all over the world, it's the most popular sport in probably 90% of the countries, and then with the World Cup, you have the most viewed tournament of any sport in the world."
"Aside from the murders, DC has one of the lowest crime rates in the country."
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"If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market."
"The starting point for energy security today as it has always been is diversification of supplies and sources."
"I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now."
"So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology."
"This has a lot to do with the unrest in Nigeria, but also with the production loss after the hurricanes in the Gulf of Mexico, the decline in Iraq since the 2003 war, and the decline in Venezuelan output since 2002."
"In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient."
"But that's not enough: To maintain energy security, one needs a supply system that provides a buffer against shocks. It needs large, flexible markets. And it's important to acknowledge the fact that the entire energy supply chain needs to be protected."
"The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line."
"We are living in a different world now. You can see it everywhere in international relations: It was noteworthy that, after his visit to Washington, the Chinese president's next stop was Saudi Arabia."
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