Oil Price Sayings

#1. I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price.

Gordon Brown

#2. A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.

Daniel Yergin

#3. The economic basis on which Nicola Sturgeon and the Scottish nationalists made the case for separation was based on an oil price much higher than it is at the moment, so there will be no case for it.

Michael Gove

#4. 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

#5. Nigeria, with the oil sector, had the reputation of being corrupt and not managing its own public finances well. So what did we try to do? We introduced a fiscal rule that de-linked our budget from the oil price.

Ngozi Okonjo-Iweala

#6. Britain in the 1970s was undoubtedly an economic mess because of the oil price explosion.

Barbara Castle

#7. If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market.

Daniel Yergin

#8. Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.

Saddam Hussein

#9. As long as the United States - and the world - gets its oil from the Middle East, we will be drawn into the endless crises that seem endemic to the region. American energy independence would not only liberate us, it would also drive down the worldwide price of oil.

Kathleen Troia McFarland

#10. 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.

T. Boone Pickens

#11. Art is the only thing you cannot punch a button for. You must do it the old-fashioned way. Stay up and really burn the midnight oil. There are no compromises.

Leontyne Price

#12. Unlike fuel-economy standards, the most common method of reducing demand for oil over the past thirty years, a gas tax doesn't tell people what kind of car to drive. It simply raises the price of gasoline and lets people adjust their behavior accordingly.

James Surowiecki

#13. The war on terrorism has made national security a legitimate concern, and a rising deficit, changes brought on by globalization and even the price of oil have thrown the nation's economic health into question.

Roger Mahony

#14. If you want your energy bills to go up, you should support an ever greater dependence on foreign oil, because the rate of new discoveries is declining as demand in China and India is growing, and the price of oil and thus the price of coal will go sky high.

Al Gore

#15. Quite frankly, I think nothing could do more to immediately bolster national security then enabling us to produce more oil and gas here at home at a price consumers could afford.

Phil Gramm

#16. For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil.

T. Boone Pickens

#17. I think that there's no question that, in Alberta as the price of oil continues to drop, that there are families ... that are worried about the instability that that brings to the economy. And so that has to be more and more front and centre in terms of the work that we do as a government.

Rachel Notley

#18. The price of oil is rising because of all the unrest in the Middle East. And the unrest in Wisconsin is causing the price of cheese to go through the roof.

Jay Leno

#19. We will work to bring an element of stability to the price of oil.

Olusegun Obasanjo

#20. 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.

David Pratt

#21. Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil. And number three, Lindsay Lohan has quit drinking vodka.

David Letterman

#22. Oil futures were originally created to give heating oil dealers, gas retailers, aviation companies and other businesses a method of hedging against adverse price changes. Instead, they've become just another Wall Street plaything.

Gary Weiss

#23. You know, if we're going to bring down the price of gas, you have to have three things. You have to have a big reserve, you have to have the ability to develop oil out of that reserve quickly, and you have to be able to produce oil at a relatively low cost.

Chris Cannon

#24. My wife will automatically quote and compare the price of diesel at every petrol station we drive by, like she's got oil-based Tourette's.

Ian Watson

#25. The low price of oil is a headwind to investments in alternative energy technologies, but it will not stop them.

Carlos Ghosn

#26. In any crass political calculation, drilling for oil will always win more votes than putting a price on carbon. But if I recall what I was taught in fifth-grade American government class, we elect presidents to do more than crass political calculations.

Jeff Goodell

#27. 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?

Robert Redford

#28. I don't think we're going to see the price of oil going down in the near future, that's the reality.

Carly Fiorina

#29. One of the industries we follow very closely is the trucking industry. They would love if today there was an option for them to run their fleets on natural gas, because of the price disparity between oil and refined diesel - which they almost exclusively run on now - and natural gas.

Warren Stephens

#30. I'm really into lip cream. I have this one by Hourglass: it's an oil with this gold-tip applicator, and it's schmancy-schmancy. When you get to the point that your lips are cracking, the price is worth it.

Anna Kendrick

#31. Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.

Ron Wyden

#32. Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.

Veerappa Moily

#33. The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent.

Gary Miller

#34. Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.

Major Owens

#35. Many have blamed the gasoline shortages and long lines at filling stations in 1973 on the Arab Oil embargo of that year. However, the shortages and long lines began months before the Arab oil embargo, right after price controls were imposed.

Thomas Sowell

#36. I will do my best to reduce the price of oil to expand the life span of oil at least for two decades or three decades.

Ahmed Zaki Yamani

#37. You can imagine these radicals getting a hold of a country where they're able to pull oil off the market to run the price of oil up to extract concession.

George W. Bush

#38. The world should forget about cheap oil. [The price] will keep going up and some day arrive at US$100 per barrel.

Hugo Chavez

#39. We're in a world of triple-digit oil prices for the foreseeable future,

Jeff Rubin

#40. A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations.

Gary Miller

#41. We need a reasonable price where producers will not start nagging. At a reasonable price, we can invest to produce more oil.

Abdallah Salem El-Badri

#42. Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline.

Allyson Schwartz

#43. As technology keeps improving, the price of oil keeps rising, and the ice keeps melting, Arctic energy is bound to be an increasingly bigger part of the global mix.

Alex Shoumatoff

#44. Climate change might be disastrous, but does that mean we want carbon taxes that raise the price of a gallon of heating oil to $10? And how exactly will those taxes affect economic growth?

Alex Berenson

#45. A small group of people, they raise the price of oil and the whole world will suffer from this.

Ahmed Zaki Yamani

#46. 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

#47. The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.

Martin Feldstein

#48. 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

#49. Rockefeller and his associates did not build the Standard Oil Co. in the board rooms of Wall Street banks. They fought their way to control by rebate and drawback, bribe and blackmail, espionage and price cutting, by ruthless efficiency of organization.

Ida Tarbell

#50. The residents blamed the "Gahmen", naturally. Since the explosion of social media, those "Gahmen" guys have been blamed for everything from HDB flat prices to the price of oil, climate change, the shortage of Hello Kitty dolls and kids not clearing their trays away at hawker centres.

Neil Humphreys

#51. We think we're near energy independence - nothing could be further from the truth. We're in much better shape now, but the price of a barrel of oil is going to be controlled by the Middle East for the next 10, 20, 30 years for sure.

Michael Mullen

#52. We don't need a fuel that's cleaner, we need a fuel that happens to be cleaner, but is half the price of oil.

Vinod Khosla

#53. The various torments of life worked in shifts so that one was always on duty. Thus was human misery extracted day and night like water and oil are pulled from the earth. Thus was the toll inflicted, the price one paid for being unwittingly born.

Hugh Howey

#54. The owner actually tried the oil and chooses to carry it based on its taste. It's not about packaging, marketing, or price. It's about quality. He tried it and knew his store had to carry it. That's the approach you should take too.

Jason Fried

#55. 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.

Jeremy Grantham

#56. If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200.

Hugo Chavez

#57. First of all, I'm in favor of making price gouging a crime, and in fact, one the reasons I didn't vote for the Republican House version was because there were too many breaks for the oil companies.

Marty Meehan