Famous Quotes & Sayings

We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.

When you turn up for work, especially with looking down the barrel of a show, you're hoping the person you're acting opposite of is going to be on your kind of crazy wavelength.

We were back to normal production six weeks after the hurricane. During that six weeks we distributed a million barrels of on-hand gas and imported another two million barrels for local and regional use.

We're staring down the barrel of a loaded gun and that gun is ready to fire,

We're staring down the barrel of $4 a gallon for gas.

Frank Murkowski

When we had $10 a barrel a year ago, it was the market that was making the determination, ... To blame 'big oil' on profiteering is a little misleading ... the market is setting the price, not U.S. 'big oil.'

World producers need to bring another 1 1/2 million barrels per day on line every year to meet rising demand. So even a minor supply disruption is going to have a disproportionate impact on oil prices.

We're forecasting oil will grind higher up to $33, ... with an ultimate spike up to $40 a barrel on the outbreak of hostilities.

With the right investment environment and under the right government, Iraq could increase production by a million barrels a day every year for the next 10 years, ... It could be the largest oil exporter in the world, eclipsing Saudi Arabia.

A barrel that contains the wine will retain the drop in its staves.

Jules Feiffer

A Barrel of Laughs, a Vale of Tears.

They make oil and they own oil, and the price of oil has gone up. Every barrel of oil they make is worth more.

David Robinson

This acquisition represents an exceptional opportunity for us to increase shareholder value. We are starting with around 40 barrels of output a day, but with considerable potential to boost production.

E. B. White

It's not strictly true to say there was only minor damage to refineries. When you sit down you can see about four million barrels per day of refining capacity is down as a result of Rita and Katrina.

Bill Clinton

It's time to turn off the pork barrel spigot and deliver for our children's future.

This move will not solve the real problem - the oil cannot be refined. Even before the loss of 1.8 million barrels per day of output refineries were struggling to keep up with demand. So increasing the crude supply will not overcome this bottleneck.

There isn't the spare capacity to make up for the missing production in the Gulf of Mexico. OPEC used to have 4 to 5 million barrels of spare capacity. That's down to about 1.5 million barrels a day this year.

I totally expect to see $50 a barrel, at least in a spike to that level, at some point in the near future. We've been in an upward trend for several years, and I really don't see any indication of a reversal of that trend. $50 a barrel is a completely rational expectation.

There's a lot of market talk about whether we're going to hit the psychological 65 dollars a barrel mark or even 70 dollars in the near future. I think it will depend on how the geopolitical problems are played out.

It was refiners in the Midwest and on the East Coast that stepped up, while crude runs on the Gulf Coast continued to slide, losing another 52,000 barrels daily to stand 1.565 million barrels lower than before the storm.

As a unit we have to try and find ways to make things come together. We try to have fundraisers and whatever money we raise, we save because every penny counts. We seem to always be scrapping the bottom of the barrel but the bottom line is that we want to make sure that we represent the country well, competing internationally.

A year ago we thought $70 (for a barrel of oil) would be the death knell for consumers. It wasn't.

As long as the prospect of sanctioning 4 million barrels per day of Iranian oil is out there, the Iranian situation, in our view, will be the front and center issue that will command market attention.

Productivity did set the tone, and now oil's moved back up slightly, but it doesn't seem to be spiking. As a group, consumers and traders, we're getting used to the idea of $60 a barrel oil.

Production in the Gulf has yet to recover and the trouble in Nigeria shows no signs of easing. We are missing about 1 million barrels of output.

Our decision is in place, up until now we will still increase by 500,000 barrels a day from August. This decision is still valid.

Oil below $60 a barrel grabbed folks' attention.

Oil at $75 a barrel implies a lot of geopolitical risks and we're probably getting back to something a little more supply-and-demand oriented, which is healthy for the market.

The simple announcement by U.S. authorities to place one million barrels a day ... will provoke a strong descent (in oil prices) on Monday.

I wanted to go soft in that situation, give him a different look and then get right back to it. But he was feeling good with the cutter. It jammed (Lee) pretty good. I don't think he had a real great swing on it. He just happened to get the barrel on it.

The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks.

The oil prices will break through 80 U.S. dollars per barrel recently.

After each heat, we're able to quickly turn the barrels up and dump the debris, filling them up and setting them down for the next round,