Oil Price quotes:

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Oil prices have certainly become a threat for the world economy. -- Rodrigo Rato
The rise in world oil prices has been larger than anyone forecast. -- George Osborne
We're in a world of triple-digit oil prices for the foreseeable future, -- Jeff Rubin
The doubling of oil prices ... is creating a more difficult environment in which to act. -- Gordon Brown
Britain in the 1970s was undoubtedly an economic mess because of the oil price explosion. -- Barbara Castle, Baroness Castle of Blackburn
Let us rid ourselves of the fiction that low oil prices are somehow good for the United States. -- Dick Cheney
Russia does not control oil prices - OPEC does. So Russia is a hostage in the hands of those who control these prices -- Christopher A. Pissarides
I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy. -- Ken Salazar
We are helping the people that [George W.]Bush says are evil. Teheran couldn't be happier about the high oil prices resulting from the Iraq war. -- Joseph Stiglitz
Oil prices jumped to well over $100 a barrel, and analysts say it's due to tension in the Middle East. So, luckily, it's just a temporary thing. -- Jay Leno
I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price. -- Gordon Brown
Having yet another vote on refinery legislation that uses high oil prices as an excuse to weaken environmental protections and to give more legislative gifts to the oil industry is misguided in the extreme. -- Sherwood Boehlert
I think we have to ask this administration, and the President specifically, about using their political capital now to stand up for the American consumer who is getting clobbered by these gasoline and oil prices. -- Ron Wyden
Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place -- Kenneth Rogoff
Lower oil prices won't, by themselves, topple the mullahs in Iran. But it's significant that, historically, when oil prices have been low, Iranian reformers have been ascendant and radicals relatively subdued, and vice versa when prices have been high. -- James Surowiecki
Rising oil prices have focused the world's attention on the depletion of oil reserves. But the depletion of underground water resources from overpumping is a far more serious issue. Excessive pumping for irrigation to satisfy food needs today almost guarantees a decline in food production tomorrow. -- Lester R. Brown
So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia. -- Frank Carlucci
The things that happen are an earthquake, another bomb in Iraq, some big jolt on Wall Street in oil prices, and then you have some new study on drought patterns from climate change. Or another little incremental improvement in photovoltaics. Where do those fit in to the daily stream? They don't. -- Andrew Revkin
The economy has settled into a sustainable, self-reinforcing growth path, .. All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery. -- Sung Won Sohn
It's estimated that about 30 percent of the increase in grain prices could be attributed to the decision to embrace biofuels, particularly corn-based ethanol. It has done nothing for climate change and the business is in real trouble now with the collapse of oil prices. It's completely dependent on a dollar subsidy and tariff from the government. -- Michael Pollan
I think Virgin Blue is still a very promising and exciting business. Now, I know that's not a view that's widely held in the market but I think the market is simply throwing it into the too-hard basket at the present time because of the oil price events. But we think it is still a very exciting business. -- Chris Corrigan
Even if we were to sign peace today, the economic conditions in our country would not improve automatically because it will take some time to reach the level of oil production before the war and the oil prices are likely to remain low for some time as the supply of oil in the world is high and demand is low. -- Salva Kiir Mayardit
One by one, these governments came undone, and were forced into IMF tutelage (and national illegitimacy) by the careening oil prices, the debt imbroglio, and falling terms of trade. The last of these governments to fall were the Communist regimes of eastern Europe, which have now gone the way of other Third World countries. The second in the cascade of bifurcations is thus symbolized by 1989. -- Immanuel Wallerstein
We will work to bring an element of stability to the price of oil. -- Olusegun Obasanjo
A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety. -- Daniel Yergin
A small group of people, they raise the price of oil and the whole world will suffer from this. -- Ahmed Zaki Yamani
The low price of oil is a headwind to investments in alternative energy technologies, but it will not stop them. -- Carlos Ghosn
I don't think we're going to see the price of oil going down in the near future, that's the reality. -- Carly Fiorina
The world should forget about cheap oil. [The price] will keep going up and some day arrive at US$100 per barrel. -- Hugo Chavez
It's clear price gouging... The oil companies are gouging the American citizenry aggressively, relentlessly, and without any sense of conscience whatsoever. -- Maurice Hinchey
The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it. -- Michael Bloomberg
We don't need a fuel that's cleaner, we need a fuel that happens to be cleaner, but is half the price of oil. -- Vinod Khosla
My wife will automatically quote and compare the price of diesel at every petrol station we drive by, like she's got oil-based Tourette's. -- Ian Watson
Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters. -- Veerappa Moily
If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200. -- Hugo Chavez
I will do my best to reduce the price of oil to expand the life span of oil at least for two decades or three decades. -- Ahmed Zaki Yamani
The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make. -- David Pratt
The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product. -- Martin Feldstein
There's a lot of money to be made by strip-mining and drilling the dirtiest oil on the planet. But why should the rest of us pay the price? -- Robert Redford
Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food. -- Jeremy Grantham

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