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"We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that."
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"The United States' gasoline industry, as Hurricanes Katrina and Rita demonstrated, is remarkably fragile. And the process of how oil is pumped from the ground, turned into gasoline and distributed to consumers is complicated."
"Liability does apply with respect to the amount of the oil spill."
"There'll be no oiling up with this band. The oil has been there for years and it only gets better."
"We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world."
Explore more quotes by Rodrigo Rato
"Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development."
"We would certainly encourage the Italian government to put forward an ambitious agenda of reform."
"Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise."
"We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy."
"And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future."
"We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system."
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