#oil

Right now, there are a limited number of customers for Canadian oil. Due to simple geography - and without the pipeline - it's really only cost effective for Canadian oil producers to sell their oil to North American customers, mostly American Midwesterners. ↗

— Ron Wyden

#canadian #cost #customers #due #effective

The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas. ↗

— Daniel Yergin

#based #being #between #china #chinese

Cycles of shortage and surplus characterize the entire history of oil. ↗

— Daniel Yergin

#cycles #entire #history #oil #shortage

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

#barrel #coming #elsewhere #extra #go

The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly. ↗

— Daniel Yergin

#could #countries #day #four #industrial

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession. ↗

— Fareed Zakaria

#barrel #could #easily #global #hearts

One of the things that has been very difficult in Libya is the sense of uncertainty - the sense that they haven't actually finished the revolution, that there was still a great deal of uncertainty. That uncertainty has made Libya harder for business in terms of oil and other things as well. ↗

— Fareed Zakaria

#been #business #deal #difficult #finished

We're aligning ourselves with Kerry. Our allegiance will be for peace, against war, no more deaths for oil, and for a dialogue between the government of Spain and the new Kerry administration. ↗

— Jose Luis Rodriguez Zapatero

#against #aligning #allegiance #between #deaths

My formula for success is rise early, work late, and strike oil. ↗

— Paul Getty

#formula #late #oil #rise #strike

It was always disappointing to see that what I could really master in terms of form boiled down to so little. ↗

— Alberto Giacometti

#boiled #could #disappointing #down #form