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Oil Price Quotes

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I don’t think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.  (Oil Price Quotes) The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.  (Oil Price Quotes) It’s estimated that about 30 percent of the increase in grain prices could be attributed to the decision to embrace biofuels, particularly corn-based ethanol. It has done nothing for climate change and the business is in real trouble now with the collapse of oil prices. It’s completely dependent on a dollar subsidy and tariff from the government  (Oil Price Quotes) The world should forget about cheap oil. [The price] will keep going up and some day arrive at US$100 per barrel  (Oil Price Quotes) Oil prices jumped to well over $100 a barrel, and analysts say it’s due to tension in the Middle East. So, luckily, it’s just a temporary thing  (Oil Price Quotes) There’s a lot of money to be made by strip-mining and drilling the dirtiest oil on the planet. But why should the rest of us pay the price?  (Oil Price Quotes) 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  (Oil Price Quotes) One by one, these governments came undone, and were forced into IMF tutelage (and national illegitimacy) by the careening oil prices, the debt imbroglio, and falling terms of trade. The last of these governments to fall were the Communist regimes of eastern Europe, which have now gone the way of other Third World countries. The second in the cascade of bifurcations is thus symbolized by 1989  (Oil Price Quotes) Lower oil prices won’t, by themselves, topple the mullahs in Iran. But it’s significant that, historically, when oil prices have been low, Iranian reformers have been ascendant and radicals relatively subdued, and vice versa when prices have been high  (Oil Price Quotes) It’s clear price gouging... The oil companies are gouging the American citizenry aggressively, relentlessly, and without any sense of conscience whatsoever  (Oil Price Quotes) 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  (Oil Price Quotes) Oil prices have certainly become a threat for the world economy  (Oil Price Quotes) The rise in world oil prices has been larger than anyone forecast  (Oil Price Quotes) The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make  (Oil Price Quotes) Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food  (Oil Price Quotes) Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters  (Oil Price Quotes) The low price of oil is a headwind to investments in alternative energy technologies, but it will not stop them  (Oil Price Quotes) The doubling of oil prices... is creating a more difficult environment in which to act  (Oil Price Quotes) What’s new is high oil prices and the economy hates high oil prices  (Oil Price Quotes) Having yet another vote on refinery legislation that uses high oil prices as an excuse to weaken environmental protections and to give more legislative gifts to the oil industry is misguided in the extreme  (Oil Price Quotes) Russia does not control oil prices - OPEC does. So Russia is a hostage in the hands of those who control these price  (Oil Price Quotes) Instead of begging OPEC to drop its oil prices, lets use American leadership and ingenuity to solve our own energy problems  (Oil Price Quotes) Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check  (Oil Price Quotes) Oil prices have fallen lately. We include this news for the benefit of gas stations, which otherwise wouldn’t learn of it for six months  (Oil Price Quotes) We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that  (Oil Price Quotes) There is enough oil out there for world demand. It is true that a lot of what’s driving oil prices up right now is not the lack of supply. There’s enough supply  (Oil Price Quotes) A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety  (Oil Price Quotes) I don’t think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy  (Oil Price Quotes)