Ahmed Zaki Yamani Quotes & Sayings

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

The first law of economics is that when the price goes up, consumption comes down. This is a divine law. — 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

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

A small group of people, they raise the price of oil and the whole world will suffer from this. — Ahmed Zaki Yamani

The Stone Age came to an end not for a lack of stones and the oil age will end, but not for a lack of oil. — Ahmed Zaki Yamani

The Stone Age didn't end because we ran out of stones. — Ahmed Zaki Yamani

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

The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil. — Ahmed Zaki Yamani