Oil Barrel Quotes

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Oil Barrel Quotes

The bottom of the oil barrel is now visible.
— Christopher Flavin —

There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.

— James Buchan

Now it will take a long time to scale biofuels, but I'm the only one in the world forecasting oil dropping in price to $35 a barrel by 2030. I'll put it on the record: Oil will not be able to compete with cellulosic biofuels. If you do it from food, the food will get so expensive you can't make fuel out of it.

— Vinod Khosla

The new discovery of a 3.3 billion barrel oil deposit off Norway's coast cements that nation's claim to being Europe's second largest oil producer.

— Bob Beauprez

In my first meeting with Vladimir Putin in the spring of 2001, he complained that Russia was burdened by Soviet-era debt. At that point, oil ws selling for $26 per barrel. By the time I saw Putin at the APEC summit in Sydney in September 2007 oil had reached $71
on its way to $137 in the summer of 2008. He leaned back in his chair and asked how were Russia's mortgage-backed securities doing.

— George W. Bush

Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.

— James Buchan

Well, the common enemy in North America is the Western consumer. The consumer has driven oil up to $50 a barrel so we have to have these wars. I think it's incumbent upon us to.

— Dan Aykroyd

(Describing a whale killed during Una's maiden voyage) ... He was nearly twice the size of my sixty-barrel whale. Could the animal really be stowed below as small casks of oil? At your own death, I asked myself, can the vastness of your own experience be buried in the ground, funneled into nothing but the shape of a grave?

— Sena Jeter Naslund

Every barrel of oil that comes out of those sands in Canada is a barrel of oil that we don't have to buy from a foreign source.

— Rick Perry

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 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.

— Jay Leno

A Saudi Arabian prince has said that oil may never again rise above $100 a barrel. He said it's gotten so bad he can't afford to buy his wife her own car that she's not allowed to drive.

— Conan O'Brien

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