Quotes About Oil Production

#1. The idea that America, whose oil production has been declining for the past 40 years, is now on track to become the world's biggest producer by 2015 is still hard to grasp.

Roger Altman

#2. In the Soviet Union I was the head of all oil production. And you know in the Soviet Union, you didn't get that job unless you were really worth it.

Vagit Alekperov

#3. Among the many important provisions in the energy bill are the creation of an estimated half million new jobs, increased oil production, blackout protection, controlling fertilizer costs by stabilizing natural gas prices and enacting new efficiency benchmarks.

Paul Gillmor

#4. The era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system

Richard Heinberg

#5. The value of the beans for oil production, as well as for human food, has become recognized so quickly and so generally during the past year that the crop has acquired a commercial standing far in excess of its previous status.

David F. Houston

#6. Oil production should peak out around the world in the early 1990s ... That means in five years' time we may have chewed up most of the possibility of further expansion of oil production.

James R. Schlesinger

#7. Delayed energy projects and regulatory hurdles to domestic oil production not only cost the United States economy billions of dollars and millions of jobs, but they also stand in the way of an elusive goal: true American energy security.

John Hoeven

#8. Iran's economy is now shrinking by 1 percent a year. Its oil production is down 40 percent.

Susan Rice

#9. 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

#10. Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.

John Hoeven

#11. You can drill in the Arctic National Wildlife Refuge, on every continental shelf and atop every hill in America for that matter, and you still won't reverse the fact that our oil production is in permanent decline. We're just sopping up what's left, digging ourselves into a deeper hole.

Roscoe Bartlett

#12. We need to break our dependency on foreign sources of oil, which leaves us at the mercy of foreign powers. To do that, we should increase domestic energy production.

Bobby Jindal

#13. New discoveries and production of resources like shale oil and gas are dramatically altering our energy supply outlook and the entire global geopolitical landscape. And the pace of change - particularly in the past few years - continues to accelerate.

Fred Upton

#14. Those who know me would tell you, 'Moily can't be cowed down.' I have plans to enhance domestic oil and gas production.

Veerappa Moily

#15. The rapid increase in the production and transportation of crude oil requires additional vigilance for the continued safe movement of this commodity.

Anthony Foxx

#16. In conventional oil and natural gas production, you always produce a lot of formation water, and it's crummy water. It's real salty. It's got heavy metals in it. It's got bad stuff in it.

Rex Tillerson

#17. Soaring prices for crude oil, falling production surpluses, wild speculation in commodities, a rush into the precious metals, turmoil in the Middle East, assertive oil producers: it is 1973-74 all over again, and at dictation speed.

James Buchan

#18. 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.

Lester R. Brown

#19. I came here to help make America more competitive and prosperous by developing an energy policy that increases conservation, promotes cleaner technologies, encourages development of renewables and enhances domestic production of gas and oil.

Greg Walden

#20. Russia's oil fields are mature and require capital and Western technology even to keep production flat.

Roger Altman

#21. Prominent exploration experts have recently predicted that total world production of liquid oil will peak by about the end of this decade-or a few years later if production does not rise much-and will decline thereafter.

Amory Lovins

#22. By encouraging conservation, increasing investments in clean, renewable sources of energy, and promoting increased domestic production of oil and gas, we can build a more secure future for our country.

Ron Lewis

#23. Control over the production and distribution of oil is the decisive factor in defining who rules whom in the Middle East.

Christopher Hitchens

#24. We have for too long put vast oil and natural gas reserves off limits to exploration and production, as The Washington Post editorial stated this week.

Jim Costa

#25. 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

#26. There are many disturbing news. We believe that the production of conventional petroleum reached peak oil already in 2006. The oil fields in the North Sea and the US are collapsing ... time is running out.

Fatih Birol

#27. 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.

Frances Beinecke

#28. The oil companies are regulated by the federal government. They can't drill on land nor in American waters without permission from the feds. Many Republicans want to drill baby drill but what's the point if all the oil goes to China? Increased production obviously doesn't mean lower prices for us.

Bill O'Reilly

#29. This means the last few years of hard-drive production - which, thanks to increasing size, represents the majority of global storage capacity - would just about fill an oil tanker. So, by that measure, the Internet is smaller than an oil tanker.

Randall Munroe

#30. 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

#31. You know the green grifters have no argument when they start raising the 'no blood for oil' cry on the blogs. Excuse me, if Obama's make-sure-your-tires-are-properly-inflated administration would simply allow more energy production here in the U.S., that wouldn't be a problem very long, would it?

Howie Carr

#32. When demand is being destroyed by expensive oil just as expensive oil is incentivising increased production - it should come as no surprise that at some point the markets would react.

Samuel Alexander