Oil Quotes
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I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.
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There is no free market for oil.
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It might have been offset for us if the revenue from our own oil and natural gas that was just developing had been available to the Labor Government, but the oil revenues were just coming in when Labor fell in '79.
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We need to move away from oil, period.
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I always wanted to find oil. It was always an irresistible calling.
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Beyond a power play by the oil industry, there is no conceivable explanation for barring courts within any state from considering cases related to oil leases and energy production off its own coastlines.
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We will work to bring an element of stability to the price of oil.
Olusegun Obasanjo -
The United States never stopped conspiring against the Arab world, which holds the largest oil reserves on the planet.
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Look, natural gas, just like oil, is going to eventually go away. It's not renewable.
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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.
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My childhood memories seem to be wreathed in the twin and far from harmonious olfactory sensations of patchouli oil and caustic soda.
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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.
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I don't think for a minute we went to Iraq for oil. It just so happened that it had oil. But I think we'll come out of the Iraqi situation with a call on their oil at market price.
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Iraq has, in effect, one export of any consequence. That's oil.
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Those high oil prices are a burden on U.S. families, on firms' production costs. But the good news is that at least so far the U.S. economy has not been slowed by the high energy prices.
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A speaker who does not strike oil in ten minutes should stop boring.
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Perhaps it is a testament to the power of modern marketing savvy that an obese man with heart disease and high blood pressure became one of the richest snake oil salesmen ever to live, selling a diet that promises to help you lose weight, to keep your heart healthy and to normalize your blood pressure.
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China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.
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Decades of Saddam’s rule made what could have been a fairly rich country, due to its oil reserves, into a very poor one.
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We aren't addicted to oil, but our cars are.
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She had had the pain; it had been like being boiled alive in scalding oil and not being able to die to get free of it
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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.
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Remember always that there are two things which are more utterly incompatible even than oil and water, and these two are trust and worry. Can you call it trust, when you have given the saving and keeping of your soul into the hands of God, if day after day you are spending hours of anxious thought and questionings about the matter? When believers really trust anything, they cease to worry about the thing they have trusted.
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Today's market action is driven by the slower GDP growth rate. Despite oil being higher, I think the GDP kind of overruled everything and just makes the market feel better about what the Fed is going to do, or rather not do.
