Famous Quotes & Sayings

In the wet-barrel market - the real barrels that are stored and traded - there is no shortage of oil. But the paper barrels - the futures market - react like a lightning rod in a volatile market. That's their role.

Instead, we get up to 50 million barrels of oil.

Bill Richardson

In our meetings with oil producing countries, we simply and forcefully made our case that increased production is in the interest in both producing and consuming nations, ... We made the point that the world is consuming 75 million barrels per day, and it is producing 73.

In normal downturns, you lose some big players. This industry was not built for $62 a barrel oil.

Nomar Garciaparra

I just threw the barrel at it, tried to drive it. Fortunately for me I got lucky and it went out for me.

I supported local projects in the $286 billion transportation bill, even though it was filled with pork (pork barrel projects),

By June we should be looking at modestly another half a million barrels of capacity a day.

If you can tell me where the next move in oil prices is going to be -- up to $60 a barrel or down to $20 -- I can tell you what the economy is going to do.

I just go up there and whale away after it and hope it hits the barrel of the bat. I don't think there's any plan. The biggest key is having guys on base. When you do that, he has to throw it for a strike. If he does, he might leave it up, it will tumble more and you can get good swings at it.

I'm just trying to make solid contact right there, and I got a slider over the plate and put the barrel on it.

Marcus Davis

I'm just having fun out there and putting good barrel on the ball. They are a great group of guys and anything I can do to help the team.

If oil prices were to stay at $35 a barrel throughout 2001 or if they were to escalate to $40 a barrel or over, then the impact on inflation and world growth would be more significant,

I mean, I believe very strongly in the fundamental of oil drilling, and the oil drillers are perhaps the most spectacular stocks of this year. They're still up; they were up yesterday, and they're near their all-time highs, and that's because the world uses 200 million barrels of oil more than it drills. The companies that own the equipment to drill are going to be utilized more and the rates are going up.

I learnt how people survived and how people had to submit because you need to eat and your family need to live, so I learned the meaning of power. In a sense that power comes out in the barrel of a gun and when the Japanese gun was not as big as the American gun they surrendered and the British came back.

The large 3.2 million barrel increase in (US) gasoline accelerated selling.

The last thing we need is crude moving back to the $70-a- barrel level.

The inventory data must be quite a bearish factor in the market. The price is well supported around $58 a barrel though.

The Corps of Engineers and Congress are partners in crime. We have this process where the pork barrel dictates that we spread the money over the 535 mouths to feed that are Congress rather than putting our resources where it makes the most sense.

ECONOMY, n. Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford.

Each one-dollar change in oil prices has a $7 billion per year impact on consumer spending. So the gain in oil prices recently, from $25 a barrel to $37, is an enormous influence on the economy -- $84 billion, in other words.

Everyone is building inventories, Japan, the U.S., and that is very dangerous. There is an oversupply of one million barrels a day.

There's talk that OPEC might raise quotas at the meeting next week. I'm not sure this will actually mean more barrels though.

Michael Young

There was an initial run up of several dollars per barrel in crude last week. It's given up nearly all those gains.

This is a very nervous market that needs every single incremental barrel the market can put out and produce,

Michael Young

I want to take some deep breaths, get a pitch I can handle, put the barrel of the bat on it and hopefully find a hole.

Bob Beauprez

The new discovery of a 3.3 billion barrel oil deposit off Norway's coast cements that nation's claim to being Europe's second largest oil producer.

It's got to be worth up to $2 a barrel initially.

Conditions indicate that motorists may see slight increases in retail gasoline prices within the next few days. Typically, pump prices in Texas move lower during this time of year due to a decrease in demand, but with crude oil trading around $63 a barrel that has yet to happen.

The Nigerians indicated capacity could be back on line next week. That's could, not will, and the reality is we could be missing those half million barrels for some time yet.

Joe Bastardi

The Northeast is staring down the barrel of a gun.

John Dingell

That's right; millions of your hard-earned tax dollars would go to the same companies reaping the benefit of US$3 a gallon of gas and US$60 a barrel of oil,

It looked like money down a rat hole. I can certainly see why they'd be cautious now. Just because you're making an extra $35 a barrel doesn't mean you should be pouring that into exploration.

It works on rivers and lakes. He came up with this concept of the plastic barrel with concrete on the bottom and gravel on top of the concrete. Some of the gravel is stuck into the concrete so it will stay.