#oil companies

All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs. ↗

— Allyson Schwartz

#big #billion #bottom #bottom line #companies

I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill. ↗

— Dan Benishek

#companies #company #cost #deduct #drill

Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables. ↗

— Paul Hawken

#companies #high #high prices #interestingly #know

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 R. Owens

#consumers #continue #even #fall #faster

It's not just a hurricane. It's the demand for gas in China... We're paying $3 a gallon, and the oil companies are making historic profits every quarter. ↗

— Ron Klein

#companies #demand #every #gallon #gas

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

#adjusted #age #average #barrel #century

But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years. ↗

— Daniel Yergin

#agenda #build-up #coming #companies #eventually

Unlike my opponent, I will not let oil companies write this country's energy plan, or endanger our coastlines, or collect another $4 billion in corporate welfare from our taxpayers. ↗

— Barack Obama

#billion #coastlines #collect #companies #corporate

If oil companies were to invest their high profits into alternative fuel research it will help America move toward new forms of energy. ↗

— Rick Renzi

#america #companies #energy #forms #fuel

It's clear price gouging... The oil companies are gouging the American citizenry aggressively, relentlessly, and without any sense of conscience whatsoever. ↗

— Maurice Hinchey

#american #any #citizenry #clear #companies