Saudi Arabia Oil Quotes & Sayings

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

There's no question that tar sands in Canada are probably the largest source of oil available to the U.S. over a long period of time. There's as much oil in the tar sands probably as there is in Saudi Arabia. The problem is, there's a huge capital requirement to develop that. — T. Boone Pickens

America is really the only country strong enough to cope with the Russians these days, and we depend upon her support for much of our policy in Europe and the Middle East. They have just bought a monopoly oil concession in Saudi Arabia, and now they actually have more oil holdings in the Middle East than ourselves. That makes our role in Iran doubly important, because the Americans will try to pick up Middle East influence where we drop it. However, it is in our mutual interests to see that Russia is checked in the Middle East. We can always depend on American support for our case.' Essex laughed softly. 'In fact the Americans are more vigorous about the Russians than we are, because they are between the devil and our deep blue sea. — James Aldridge

When the Industrial Revolution started, the amount of carbon sitting underneath Britain in the form of coal was as big as the amount of carbon sitting under Saudi Arabia in the form of oil, and this carbon powered the Industrial Revolution, it put the 'Great' in Great Britain, and led to Britain's temporary world domination. — David J. C. MacKay

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

Hypocrisy, double standards, and "but nots" are the price of universalist pretensions. Democracy is promoted, but not if it brings Islamic fundamentalists to power; nonproliferation is preached for Iran and Iraq, but not for Israel; free trade is the elixir of economic growth, but not for agriculture; human rights are an issue for China, but not with Saudi Arabia; aggression against oil-owning Kuwaitis is massively repulsed, but not against non-oil-owning Bosnians. Double standards in practice are the unavoidable price of universal standards of principle. — Samuel P. Huntington

Look, I don't think President Obama would have bowed to the ruler of Saudi Arabia if he didn't have oil to the degree that the Saudis do. I think they and other producing states, almost all of whom, except Norway and Canada, are dictatorships or autocratic systems, have thrown their weight around because of oil. — James Woolsey

How long will we stand in silence while half of our nation is chained by ancient, outdated laws? How long will we close our eyes to a tribal mentality that subjugates women in the most base and dehumanizing ways? How long will we hide in the shadows while the ruling elites bask in the rays of wealth and privilege? — Christian F. Burton

But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself as an oil exporter and these days its exports are only about one tenth that of neighboring Saudi Arabia. — Daniel Yergin

If we had continued making progress at the rate we were during the Carter administration, we would be free of oil imports from Saudi Arabia today. — Jay Inslee

Doesn't Texas sometimes seem to resemble a country like Saudi Arabia, with its great heat, its oil wealth, its brimming houses of worship, and its weekly executions? — Martin Amis

Saudi Arabia supplies much oil to the U.S. And it is the world's largest consumer of American weaponry. — Stephen Kinzer

High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking. — Michael Hudson

There was a docudrama that was made, called 'The Death Of A Princess,' which was about a true story in Saudi Arabia. It was about a public execution for adultery. And when the movie was aired on British television, the Saudi government threatened to cut off oil exports and to cut off diplomatic relations. — Evan Osnos

The mistake of the West was to put the Sauds on the throne of Saudi Arabia and give them control of the world's oil fortune, which they then used to propagate Wahhabi Islam. — Salman Rushdie

Who on earth do the Americans suppose their allies are amongst the Arab world? Even Saudi Arabia they seem to regard as nothing more than a resevoir of oil and money. — Mohammed Reza Pahlavi

Our president's latest energy initiative was to go to Saudi Arabia and beg King Abdullah to give us a little relief on gasoline prices. I guess there was some justice in that. When you, the president, after 9/11, tell the country to go shopping instead of buckling down to break our addiction to oil, it ends with you, the president, shopping the world for discount gasoline. — Thomas Friedman

Now, at peace, Jordan has few resources but is full of plans. Mohammed Noufal observed with a smile, All we need is Israel's technology, Egypt's workers, Turkey's water, and Saudi Arabia's oil, and I am sure we can build a paradise here. — Mark Kurlansky

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession. — Fareed Zakaria

So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia. — Frank Carlucci

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

There are two perspectives on the oil sands. You have companies that want to make it the next Saudi Arabia. The other is that it's a transitional resource to a low-carbon economy, and to regard it as anything else is to drain the continent's financial resources. — Andrew Nikiforuk

Saudi Arabia is, of course, the keystone of OPEC. Saudi Arabia has had the distinction of remaining stable through all the escalating tumult of recent decades, reliably pumping out its roughly 10 million barrels a day like Bossy the cow in America's oil import barn. — James Howard Kunstler

India is the Saudi Arabia of human resources for the 21st century. The power that we used to get from oil in 20th century, we will get it from people like you in 21st century. — Rahul Gandhi