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Quotes & Sayings About Oil Production

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Top Oil Production Quotes

Oil Production Quotes By Matthew Simmons

Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption. — Matthew Simmons

Oil Production Quotes By Susan Rice

Iran's economy is now shrinking by 1 percent a year. Its oil production is down 40 percent. — Susan Rice

Oil Production Quotes By Theodore Levitt

The oil industry is a stunning example of how science, technology, and mass production can divert an entire group of companies from their main task ... No oil company gets as excited about the customers in its own backyard as about the oil in the Sahara Desert ... But the truth is, it seems to me, that the industry begins with the needs of the customer for its products. From that primal position its definition moves steadily back stream to areas of progressively lesser importance until it finally comes to rest at the search for oil. — Theodore Levitt

Oil Production Quotes By Thomas Homer-Dixon

Bitumen is junk energy. A joule, or unit of energy, invested in extracting and processing bitumen returns only four to six joules in the form of crude oil. In contrast, conventional oil production in North America returns about 15 joules. Because almost all of the input energy in tar sands production comes from fossil fuels, the process generates significantly more carbon dioxide than conventional oil production. — Thomas Homer-Dixon

Oil Production Quotes By Ron Lewis

By encouraging conservation, increasing investments in clean, renewable sources of energy, and promoting increased domestic production of oil and gas, we can build a more secure future for our country. — Ron Lewis

Oil Production Quotes By Ali Morteza Samsam Bakhtiari

The big risk in Saudi Arabia is that Ghawar's rate of decline increases to an alarming point. That will set bells ringing all over the oil world because Ghawar underpins Saudi output and Saudi undergirds worldwide production. — Ali Morteza Samsam Bakhtiari

Oil Production Quotes By Vagit Alekperov

In the Soviet Union I was the head of all oil production. And you know in the Soviet Union, you didn't get that job unless you were really worth it. — Vagit Alekperov

Oil Production Quotes By Bruce Fife

Numerous studies have clearly demonstrated that coconut oil has a neutral effect on cholesterol levels. The reason coconut oil does not adversely affect cholesterol is because it is composed primarily of medium-chain fatty acids (MCFA). These fatty acids are different from those commonly found in other food sources and are burned almost immediately for energy production, and so they are not converted into body fat or cholesterol to the degree other fats are and do not affect blood cholesterol levels. — Bruce Fife

Oil Production Quotes By Joseph P. Kauffman

Many bills proposing a national energy program that made use of America's vast agricultural resources for fuel production were killed by smear campaigns launched by vested petroleum interests. The oil companies had a monopoly over the automobile industry, and creating a new fuel would be a threat to their power. Due to the threat ethanol fuel posed to major oil companies, production was shut down and the idea of using ethanol as fuel became a thing of the past, another example of how the greed of power and profit has limited our potential. — Joseph P. Kauffman

Oil Production Quotes By Fatih Birol

There are many disturbing news. We believe that the production of conventional petroleum reached peak oil already in 2006. The oil fields in the North Sea and the US are collapsing ... time is running out. — Fatih Birol

Oil Production Quotes By Al Gore

Even as looters were carrying off many of Iraq's priceless antiquities from museums designed to commemorate the "cradle of civilization," only one government building was protected by American troops: the petroleum ministry. In 2007, even as Iraq was disintegrating into sectarian violence, the Bush administration was carefully crafting legal documents - while the United States was still the occupying power - guaranteeing preferential access to the enormous profits expected from production of Iraq's vast oil reserves for ExxonMobil, Chevron, BP, and Shell. — Al Gore

Oil Production Quotes By James Buchan

Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed. — James Buchan

Oil Production Quotes By John Hoeven

Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security. — John Hoeven

Oil Production Quotes By Cliff Ball

Michael also hadn't realized just how extensive Gregory's power was, he had his fingers in everything: from oil production to technology to government legislation to dealing with rogue states and terrorists to control over stock markets and currencies. If Gregory had wanted to, he could've brought the world to its knees in less than a day, but that wouldn't do anyone any good if the world economy and various governments failed in an instant, it had to do be done gradually. Michael also realized how long it would take to dilute the influence of the United States and its Christian citizens, but he would do it, and it helped him that he started so early in college with the new technologies available to him. — Cliff Ball

Oil Production Quotes By Christopher Flavin

Renewable biofuels are meanwhile making inroads in the transportation fuels market and are beginning to have a measurable impact on demand for petroleum fuels, contributing to a decline in oil consumption in the United States in particular starting in 2006 ... The 93 billion liters of biofuels produced worldwide in 2009 displaced the equivalent of an estimated 68 billion liters of gasoline, equal to about 5 percent of world gasoline production. — Christopher Flavin

Oil Production Quotes By Richard Heinberg

The era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system — Richard Heinberg

Oil Production Quotes By Sarah Vowell

Until the first petroleum well was drilled in Pennsylvania in 1859, whale oil *was* oil. In Leviathan, a fine history of whaling, Eric Jay Dolin enumerates whale Phil's manifold applications: 'It was used in the production of soap, textiles, leather, paints, and varnishes, and it lubricated the tools and machines that drove the Industrial Revolution.' In fact, its use as a lubricant impervious to extremes in temperature persisted well into the space age
NASA lubed its moon landers and other remotely operated vehicles with sperm whale oil until the International Whaling Commission banned commercial whaling in 1986. — Sarah Vowell

Oil Production Quotes By Mark Lynas

Because of its sheer size and population, China is on a collision course with the planet. The country's oil use has doubled in the last ten years, and if the Chinese by 2030 use oil at the same rate as Americans do now, China will need 100 million barrels of oil a day. However, current world production is only around 80 million barrels per day, and is unlikely to rise much further before the 'peak oil' point is reached. There simply isn't enough oil in the ground to bring Chinese consumption up to Western levels-the global resource buffer is already being hit. — Mark Lynas

Oil Production Quotes By Roger Altman

Russia's oil fields are mature and require capital and Western technology even to keep production flat. — Roger Altman

Oil Production Quotes By Frances Beinecke

Instead of going to the ends of the Earth - and plumbing the depths of the oceans - to squeeze out every last drop of oil, we need, instead, to do everything we can to reduce the risks of offshore oil and gas production. — Frances Beinecke

Oil Production Quotes By Amory Lovins

Prominent exploration experts have recently predicted that total world production of liquid oil will peak by about the end of this decade-or a few years later if production does not rise much-and will decline thereafter. — Amory Lovins

Oil Production Quotes By Salva Kiir Mayardit

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

Oil Production Quotes By David F. Houston

The value of the beans for oil production, as well as for human food, has become recognized so quickly and so generally during the past year that the crop has acquired a commercial standing far in excess of its previous status. — David F. Houston

Oil Production Quotes By Daniel Yergin

Oil men, like producers of other raw materials, could not continue to sell their products below cost ... For prices to be raised, production had to be controlled, and to bring production under control, Ickes began with an all-out campaign against the "hot oiler," ... This bootleg oil was secretly siphoned off from pipelines, hidden in camouflaged tanks that were covered with weeds, moved about both in an intrcate network of secret pipelines and by trucks, and then smuggled across state borders at night. — Daniel Yergin

Oil Production Quotes By John Hoeven

The irony of environmental opposition to the Keystone XL project is that stopping the pipeline to the U.S. will not stop production in the oil sands of Canada. Instead of coming to the United States, the oil will still be produced and shipped by rail or a pipeline similar to the Keystone XL to Canada's Pacific Coast. — John Hoeven

Oil Production Quotes By Ian Somerhalder

Providing clean, efficient solar/electric generators to industries such as oil companies, spanning from film and event production, construction, disaster relief, agriculture, forestry, and nonprofit organizations. We're literally helping green oil companies, helping them find ways to pollute less while creating jobs. When I look at the breadth of positive impact these technologies can have, I truly get excited. Imagine a generator where ZERO fuel is used! — Ian Somerhalder

Oil Production Quotes By Fred Upton

New discoveries and production of resources like shale oil and gas are dramatically altering our energy supply outlook and the entire global geopolitical landscape. And the pace of change - particularly in the past few years - continues to accelerate. — Fred Upton

Oil Production Quotes By M. King Hubbert

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

Oil Production Quotes By Samuel Alexander

When demand is being destroyed by expensive oil just as expensive oil is incentivising increased production - it should come as no surprise that at some point the markets would react. — Samuel Alexander

Oil Production Quotes By Randall Munroe

This means the last few years of hard-drive production - which, thanks to increasing size, represents the majority of global storage capacity - would just about fill an oil tanker. So, by that measure, the Internet is smaller than an oil tanker. — Randall Munroe

Oil Production Quotes By Michael Hudson

Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans. — Michael Hudson

Oil Production Quotes By Ida Tarbell

Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market. — Ida Tarbell

Oil Production Quotes By Kenneth S. Deffeyes

This much is certain ... No initiative put in place starting today can have a substantial effect on the peak production year. No Caspian Sea exploration, no drilling in the South China Sea, no SUV replacements, no renewable energy projects can be brought on at a sufficient rate to avoid a bidding war for the remaining oil. — Kenneth S. Deffeyes

Oil Production Quotes By Howie Carr

You know the green grifters have no argument when they start raising the 'no blood for oil' cry on the blogs. Excuse me, if Obama's make-sure-your-tires-are-properly-inflated administration would simply allow more energy production here in the U.S., that wouldn't be a problem very long, would it? — Howie Carr

Oil Production Quotes By Roger Altman

The idea that America, whose oil production has been declining for the past 40 years, is now on track to become the world's biggest producer by 2015 is still hard to grasp. — Roger Altman

Oil Production Quotes By John Hoeven

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

Oil Production Quotes By Barack Obama

After a century of trying, we declared that healthcare in America is not a privilege for a few, it is a right for everybody. After decades of talk, we finally began to wean ourselves off foreign oil. We doubled our production of clean energy. We brought more of our troops home to their families, and we delivered justice to Osama bin Laden. — Barack Obama

Oil Production Quotes By Ludwig Von Mises

True, a socialistic society could see that 1000 litres of wine were better than 800 litres. It could decide whether or not 1000 litres of wine were to be preferred to 500 litres of oil. Such a decision would involve no calculation. The will of some man would decide. But the real business of economic administration, the adaptation of means to ends only begins when such a decision is taken. And only economic calculation makes this adaptation possible. Without such assistance, in the bewildering chaos of alternative materials and processes the human mind would be at a complete loss. Whenever we had to decide between different processes or different centres of production, we would be entirely at sea. — Ludwig Von Mises

Oil Production Quotes By Jim Costa

We have for too long put vast oil and natural gas reserves off limits to exploration and production, as The Washington Post editorial stated this week. — Jim Costa

Oil Production Quotes By Christopher Hitchens

Control over the production and distribution of oil is the decisive factor in defining who rules whom in the Middle East. — Christopher Hitchens

Oil Production Quotes By Sebastian Junger

The public is often accused of being disconnected from its military, but frankly it's disconnected from just about everything. Farming, mineral extraction, gas and oil production, bulk cargo transport, logging, fishing, infrastructure construction - all the industries that keep the nation going are mostly unacknowledged by the people who depend on them most. — Sebastian Junger

Oil Production Quotes By Veerappa Moily

Those who know me would tell you, 'Moily can't be cowed down.' I have plans to enhance domestic oil and gas production. — Veerappa Moily

Oil Production Quotes By Jared Diamond

Thanks to this availability of suitable wild mammals and plants, early peoples of the Fertile Crescent could quickly assemble a potent and balanced biological package for intensive food production. That package comprised three cereals, as the main carbohydrate sources; four pulses, with 20 - 25 percent protein, and four domestic animals, as the main protein sources, supplemented by the generous protein content of wheat; and flax as a source of fiber and oil (termed linseed oil: flax seeds are about 40 percent oil). Eventually, thousands of years after the beginnings of animal domestication and food production, the animals also began to be used for milk, wool, plowing, and transport. Thus, the crops and animals of the Fertile Crescent's first farmers came to meet humanity's basic economic needs: carbohydrate, protein, fat, clothing, traction, and transport. — Jared Diamond

Oil Production Quotes By Colin Callender

When I did Nicholas Nickelby originally, that was a co-production between the new Channel 4, Polygram in Europe and Mobil Oil in America, and I have been involved in working on co-productions for years on both sides of the Atlantic and that's very much at the core of what Playground is doing. So marrying, finding projects that can be co-produced and can be produced using the very best talent from both sides of the Atlantic that's absolutely right at the center of what Playground is doing. — Colin Callender

Oil Production Quotes By Bill O'Reilly

The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased production obviously doesn't mean lower prices for us. — Bill O'Reilly

Oil Production Quotes By Rebecca Hamilton

There's a huge misconception that it's all about the oil, and the truth is there's actually not much oil left in Abyei. The misperception arose because when the peace agreement was signed in 2005, Abyei accounted for a quarter of Sudan's oil production. Since then, the Permanent Court of Arbitration in The Hague defined major oil fields to lie outside Abyei. They're in the north now, not even up for grabs, and they account for one percent of the oil in Sudan. The idea that it's "oil-rich Abyei" is out of date. — Rebecca Hamilton

Oil Production Quotes By Anthony Foxx

The rapid increase in the production and transportation of crude oil requires additional vigilance for the continued safe movement of this commodity. — Anthony Foxx

Oil Production Quotes By Sarah Palin

Up here in Alaska we're sitting on billions of barrels of oil. We're sitting on hundreds of trillions of cubic feet of natural gas onshore and offshore. And it seems to be only the Republicans who understand that companies should be competing for the right to tap those resources, and get that energy source flowing into these hungry markets so that we will be less reliant on foreign sources of energy. In a volatile world, relying on foreign regimes that are not friendly to Americans, asking them to ramp up resource production for our benefit, that's nonsensical. — Sarah Palin

Oil Production Quotes By Bobby Jindal

We need to break our dependency on foreign sources of oil, which leaves us at the mercy of foreign powers. To do that, we should increase domestic energy production. — Bobby Jindal

Oil Production Quotes By Mark Levin

The oil industry is hardly free to operate as efficiently as it could or to be as responsive to consumer demands as it would like. It has become, in essence, a quasi-state-run enterprise, because it cannot drill, transport, refine, and store fuel without receiving government permission, complying with government regulations, and paying taxes at every level or production. — Mark Levin

Oil Production Quotes By Willy Brandt

The New World Order is a world that has a supernational authority to regulate world commerce and industry; an international organization that would control the production and consumption of oil; an international currency that would replace the dollar; a World Development Fund that would make funds available to free and Communist nations alike; and an international police force to enforce the edicts of the New World Order. — Willy Brandt

Oil Production Quotes By Carolyn Dean

Dr. Norman Shealy found while researching magnesium oil that magnesium applied to the skin on a regular basis naturally enhances the level of a vitally important hormone, DHEA. DHEA is normally produced in the adrenal glands, but production slows down as we age. Apparently as magnesium is absorbed through the skin and the underlying fatty tissues of the body it sets off many chain reactions, one of which ends in the production of DHEA. Increasing DHEA levels by taking supplements of the hormone is recommended by some antiaging specialists, but others caution about side effects. To increase it naturally by improving your magnesium balance may be a safe way to turn back the clock. — Carolyn Dean

Oil Production Quotes By Lester R. Brown

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

Oil Production Quotes By James R. Schlesinger

Oil production should peak out around the world in the early 1990s ... That means in five years' time we may have chewed up most of the possibility of further expansion of oil production. — James R. Schlesinger

Oil Production Quotes By Richard Heinberg

Surveying the available alternative energy sources for criteria such as energy density, environmental impacts, reliance on depleting raw materials, intermittency versus constancy of supply, and the percentage of energy returned on the energy invested in energy production, none currently appears capable of perpetuating this kind of society. — Richard Heinberg

Oil Production Quotes By Roscoe Bartlett

You can drill in the Arctic National Wildlife Refuge, on every continental shelf and atop every hill in America for that matter, and you still won't reverse the fact that our oil production is in permanent decline. We're just sopping up what's left, digging ourselves into a deeper hole. — Roscoe Bartlett

Oil Production Quotes By Eric Jay Dolin

American whale oil lit the world. It was used in the production of soap, textiles, leather, paints, and varnishes, and it lubricated the tools and machines that drove the Industrial Revolution. The baleen cut from the mouths of whales shaped the course of feminine fashion by putting the hoop in hooped skirts and giving form to stomachtightening
and chest-crushing corsets. Spermaceti, the waxy substance from the heads of sperm whales, produced the brightest- and cleanest-burning candles the world has ever known, while ambergris, a byproduct of irritation in a sperm whale's bowel, gave perfumes great staying power and was worth its weight in gold. — Eric Jay Dolin

Oil Production Quotes By Yuval Noah Harari

When the Europeans conquered America, they opened gold and silver mines and established sugar, tobacco and cotton plantations. These mines and plantations became the mainstay of American production and export. The sugar plantations were particularly important. In the Middle Ages, sugar was a rare luxury in Europe. It was imported from the Middle East at prohibitive prices and used sparingly as a secret ingredient in delicacies and snake-oil medicines. After large sugar plantations were established in America, ever-increasing amounts of sugar began to reach Europe. The price of sugar dropped and Europe developed an insatiable sweet tooth. Entrepreneurs met this need by producing huge quantities of sweets: cakes, cookies, chocolate, candy, and sweetened beverages such as cocoa, coffee and tea. The annual sugar intake of the average Englishman rose from near zero in the early seventeenth century to around eighteen pounds in the early nineteenth century. — Yuval Noah Harari

Oil Production Quotes By Donald Trump

I saw a report yesterday. There's so much oil, all over the world, they don't know where to dump it. And Saudi Arabia says, 'Oh, there's too much oil.' They - they came back yesterday. Did you see the report? They want to reduce oil production. Do you think they're our friends? They're not our friends. — Donald Trump

Oil Production Quotes By T. Boone Pickens

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

Oil Production Quotes By Michael L. Ross

Oil production affects gender relations by reducing the presence of women in the labor force. The failure of women to join the nonagricultural labor force has profound social consequences: it leads to higher fertility rates, less education for girls, and less female influence within the family. It also has far-reaching political consequences: when fewer women work outside the home, they are less likely to exchange information and overcome collective action problems; less likely to mobilize politically, and to lobby for expanded rights; and less likely to gain representation in government. This leaves oil-producing states with atypically strong patriarchal cultures and political institutions — Michael L. Ross

Oil Production Quotes By Paul Gillmor

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

Oil Production Quotes By Greg Walden

I came here to help make America more competitive and prosperous by developing an energy policy that increases conservation, promotes cleaner technologies, encourages development of renewables and enhances domestic production of gas and oil. — Greg Walden

Oil Production Quotes By Rex Tillerson

In conventional oil and natural gas production, you always produce a lot of formation water, and it's crummy water. It's real salty. It's got heavy metals in it. It's got bad stuff in it. — Rex Tillerson

Oil Production Quotes By Hamad Bin Khalifa Al Thani

I don't see why OPEC countries should continue to cut production just to keep the price of oil high. This will not affect the industrial countries alone, it will also hit poor countries in Africa, Asia and Latin America. Who will look after them? — Hamad Bin Khalifa Al Thani

Oil Production Quotes By Jared Bernstein

What you don't hear from these GOP candidates is that they really can't go after this president on domestic production of oil and gas. He's actually done quite a lot. In fact, I would suspect they're environmentalists who are worried that we're doing too much drilling and fracking, in fact. I know that for a fact. — Jared Bernstein