I've said it before and I'll say it again. The U.S. Geological Survey has told me that the proven potential for oil in Alaska alone is greater than the proven reserves in Saudi Arabia.
The advertising man who spares the midnight oil will never get very far.
If I think too much about all of those Chinese factories where all the stuff in a Wal-Mart is made, I get that woozy feeling you get when you see ducks covered in crude oil.
Some of them wanted to sell me snake oil and I'm not necessarily going to dismiss all of these, as I have never found a rusty snake.
If when you say 'whiskey' you mean the devil's brew, the poison scourge, the bloody monster that defiles innocence, dethrones reason... then I am certainly against it. But, if when you say 'whiskey' you mean the oil of conversation, the philosophic wine... the drink that enables a man to magnify his joy... then I am certainly for it. This is my stand. I will not retreat from it. I will not compromise.
It's an earnings-driven market. The big question is whether the flow of earnings can rescue the market from the twin dreadnoughts of higher oil and interest rates.
It's becoming a day-to-day struggle between bears and bulls. Once oil and yields move to highs, the bears take advantage. Those are the twin dreadnoughts of the market. But earnings news has been strong and has kept bulls on top.
The low price of oil is a headwind to investments in alternative energy technologies, but it will not stop them.
I led by three or four feet, with Biggy (John Biglow) surging closer on each stroke. I hated him in those last few seconds; he was the only reason my guts were being strewn over the water like an oil slick ... I pressed one last time, and looked at the finish-line flagman. In that instant the flag jumped down and then up. The up stroke, identifying the second place finisher, was for me. John Biglow was the victor. I stared into the green-brown water watching my bloody soul drop through the depths, slowly rocking back and forth, occasionally glinting in the light, and then finally disappearing.
It is important that the United States move with all deliberate speed to develop and get into usage alternative fuels that will allow us to end our dependence on foreign oil.
If you think Wall Street firms have it good, you haven't looked closely at Big Oil.
A dramatic decrease in oil availability is not at all far-fetched.
We must have a relentless commitment to producing a meaningful, comprehensive energy package aimed at conservation, alleviating the burden of energy prices on consumers, decreasing our country's dependency on foreign oil, and increasing electricity grid reliability.
But they are not going to take on Big Oil because Big Oil is very generous at campaign time, and this is all about the elections. They want to pretend that they are doing something meaningful.
We must shift the energy policy debate in America with an increased focus on alternative and renewable fuels and Congress must pass meaningful alternative fuels and incentive programs to help move the U.S. away from dependence on foreign oil.
What they [Jim deMint and the oil lobby] do care about is the precedent. If they open up ANWR (Arctic National Wildlife Refuge), they'll think they can do anything to the environment - anything at all. Drilling in Yosemite? In the Grand Canyon? What's next?
Bitumen is junk energy. A joule, or unit of energy, invested in extracting and processing bitumen returns only four to six joules in the form of crude oil. In contrast, conventional oil production in North America returns about 15 joules. Because almost all of the input energy in tar sands production comes from fossil fuels, the process generates significantly more carbon dioxide than conventional oil production.
A 1.5 litres/100km (3 mpg) increase in the auto and light truck fleet is worth 158,968.35 cubic metres (41,994,994.53 US gallons) of oil a day.
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.
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.
If you ask the fish whether they'd rather have an oil spill or a season of fishing, I wouldn't be surprised if they'd vote for another blowout.
I always have a good quality extra virgin olive oil. A cheap quality oil will end up cheapening your dishes. And I love sweetening my dishes with maple syrup. It has a bit of a bitter kick at the end that works wonderfully in savory dishes.
By today's beauty standards, of course, Marilyn Monroe was an oil tanker.
To change our national economic story from one of financial speculation to one of future growth, we need a third industrial revolution: a green revolution. It will transform our economy as surely as the shift from iron to steel, from steam to oil. It will lead us toward a low-carbon future, with cleaner energy and greener growth. With an economy that is built to last - on more sustainable, more stable foundations
Embracing a low carbon economy will be as momentous as the previous industrial revolutions. As the shift from coal to oil did. And the shift from gas light to electric light. It has the potential to give us the competitive edge in the new global economy. The scale of the challenge is extraordinary. We will need to reinvent in the way we live our lives, the way our world works
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