Oil Prices 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
  • Instead of begging OPEC to drop its oil prices, let's use American leadership and ingenuity to solve our own energy problems. -- Pete Domenici
  • We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that. -- Rodrigo Rato
  • 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
  • Israel will not tolerate Iran developing nuclear power, even if Iran claims it is for peaceful purposes. If there is an attack, oil prices will go through the roof. -- Robert Kiyosaki
  • It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise. -- Robert Kiyosaki
  • Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check. -- John W. Snow
  • 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
  • Stocks in the United States plunged in 2002 amid fears of war and terrorism, a weak economy, rising oil prices and dozens of corporate scandals. It was the third consecutive annual decline, the first time that has happened in 60 years. -- Alex Berenson
  • 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
  • If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down. -- Adi Godrej
  • When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions. -- Austan Goolsbee
  • You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel. -- Rex Tillerson
  • We're in a world of triple-digit oil prices for the foreseeable future, -- Jeff Rubin
  • What's new is high oil prices and the economy hates high oil prices. -- Richard Heinberg
  • Fifty-dollar oil is just another stop on the road to much higher crude prices. -- Peter Schiff
  • The significant collapse of oil prices shows that it was previously way too high. -- Wolfgang Schauble
  • The doubling of oil prices ... is creating a more difficult environment in which to act. -- Gordon Brown
  • Let us rid ourselves of the fiction that low oil prices are somehow good for the United States. -- Dick Cheney
  • Instead of begging OPEC to drop its oil prices, lets use American leadership and ingenuity to solve our own energy problems. -- Pete Domenici
  • 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
  • The reason gas prices are so high is because the oil is in Texas and Oklahoma and all the dipsticks are in Washington. -- Yakov Smirnoff
  • Low oil prices played a part in a major move by Congress voting to end the 40-year-old ban on exporting American crude oil. -- Ari Shapiro
  • The Coastal Plain of Alaska has great potential for energy development. Americans have paid record-high prices for oil and gas in the year 2005. -- Kenny Marchant
  • 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
  • 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
  • Finally, we should help developing nations like China and India curb their exponentially increasing consumption of oil and natural gas, which is driving world prices higher. -- Bobby Jindal
  • 70 percent of India's imports of oil and oil products are imported from abroad. There is uncertainty about supply. There is uncertainty about prices. And that hurts India's development. -- Manmohan Singh
  • There is enough oil out there for world demand. It is true that a lot of what's driving oil prices up right now is not the lack of supply. There's enough supply. -- Barack Obama
  • Firms are a bit concerned about things like oil prices and US growth but actually the change (in firms expectations) is quite small so I think broadly theyre looking for more of the same, -- Peter Morgan
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