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Exlpore more Oil quotes

"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."

"We can't allow multinational oil companies boasting of record profits to gouge consumers... We must do what we can to fix this problem."
Oil,

"In my almost ten years in the House of Representatives, I have voted consistently to allow companies to drill for oil and natural gas in environmentally friendly ways."

"I worked offshore as an oil worker for a couple of years."

"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."

"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."

"There'll be no oiling up with this band. The oil has been there for years and it only gets better."
Explore more quotes by Daniel Yergin

"People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters."

"First, we have to find a common vocabulary for energy security. This notion has a radically different meaning for different people. For Americans it is a geopolitical question. For the Europeans right now it is very much focused on the dependence on imported natural gas."

"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."
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