Oil crisis quotes:

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  • The present oil crisis has not been produced by the oil companies. It is a result of government mismanagement exacerbated by the Mideast war. -- Milton Friedman
  • It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis. -- Milton Friedman
  • I'm not sure if there is a cultural loss of innocence specifically associated with the seventies. The oil crisis? The Watergate scandal? I really don't know. There's nothing there on the scale of Hiroshima. -- Quentin S. Crisp
  • After the oil crisis of 1973, many European countries tightened restrictions on immigrants. By then, millions of Muslims had decided to settle in Europe, preferring the social segregation and racial discrimination they found in the West to political and economic turmoil at home. -- Pankaj Mishra
  • Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline. -- Allyson Schwartz
  • Plot idea: 97% of the world's scientists contrive an environmental crisis, but are exposed by a plucky band of billionaires & oil companies. -- Scott Westerfeld
  • Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil. -- George Soros
  • With uncertainty in oil markets, a buildup of speculative pressures and the large U.S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested. -- Lawrence Summers
  • The war and terrorism in the Middle East, the crisis of leadership in many of the oil-supply countries in the developing world, the crisis of global warming - all these are very clearly tied to energy. -- Julia Louis-Dreyfus
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