Top 24 OPEC Quotes & Sayings

Explore popular OPEC quotes.
Last updated on November 27, 2024.
My big focus is China and OPEC and all of these countries that are just absolutely destroying the United States.
There is no free market for oil. It's controlled by a cartel, OPEC.
Borrowing 40 cents out of every dollar we spend for missiles or food stamps is unsustainable. And being indebted for generations to China and OPEC does not make American a stronger nation.
I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.
The Christians had a better chance against the lions than the American consumer has against the OPEC cartel — © Ed Markey
The Christians had a better chance against the lions than the American consumer has against the OPEC cartel
The fact is I look at what's happening to this country, I look at the way China is just ripping us off, I look at OPEC the way they are ripping us off with the oil prices. I mean, people are gonna be paying six and seven dollars a gallon for gasoline very, very soon; and you're gonna be up to $150 a barrel; and they wouldn't even be there if it weren't for us.
If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC.
OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money. Look at the Saudis: they just floated a $17.5 billion debt offering, they earlier borrowed $10 billion from a group of international banks; they're selling part of Aramco - they're desperate for money.
I said earlier [2015] year that I thought we'd get to 10 or 20 bucks [per barrel ] because that's the marginal cost, and when you're in a price war, it's the marginal cost that determines the price.It is a price war because basically the OPEC reason did not cut production in their November 2014 meeting was that they got tired of cutting production and having American frackers and Russians et cetera grab market share.
Russia does not control oil prices - OPEC does. So Russia is a hostage in the hands of those who control these prices
Fear of emotional contact with men out of fear of being a sexual suspect makes boys, ironically, even more powerless before girls. Homophobia is like telling the United States it will be a sissy nation if it doesn't get all its oil from OPEC.
The anti-American policy is the one that keeps oil prices up. The way to do that is to help OPEC limit the amount of liquid fuel available.
For decades, our dependence on OPEC oil has dictated our national security decisions and tied us up in the Middle East at an incredible price. We've spent more than $5 trillion and thousands of American soldiers have died securing Middle East oil.
Saudi Arabia is, of course, the keystone of OPEC. Saudi Arabia has had the distinction of remaining stable through all the escalating tumult of recent decades, reliably pumping out its roughly 10 million barrels a day like Bossy the cow in America's oil import barn.
Instead of begging OPEC to drop its oil prices, let's use American leadership and ingenuity to solve our own energy problems.
Four fifty-four for gas... because we have nobody that calls up OPEC... and say, [mobster voice] 'That. Price. Better. Get. Lower. And it better. Get. Lower. Fast.'
My problem is that my imagination won't turn off. I wake up so excited I can't eat breakfast. I've never run out of energy. It's not like OPEC oil; I don't worry about a premium going on my energy. It's just always been there. I got it from my mom.
Instead of begging OPEC to drop its oil prices, lets use American leadership and ingenuity to solve our own energy problems.
If you look - look at - I mean, look at what's going on with your gasoline prices. They're going to go to $5, $6, $7 and we don't have anybody in Washington that calls OPEC and says, 'Fellas, it's time. It's over. You're not going to do it anymore.'
OPEC has got a monopoly. If you try and get a lobbyist in Washington to go against OPEC, they'll say, 'Oh, this is great. Donald Trump wants me to be a lobbyist,' and then they'll go check and say, 'Oh, I'm sorry, Mr. Trump, we can't represent you. We represent OPEC or one of the 12 nations.'
I don't see why OPEC countries should continue to cut production just to keep the price of oil high. This will not affect the industrial countries alone, it will also hit poor countries in Africa, Asia and Latin America. Who will look after them?
The Christians had a better chance against the lions than the American consumer has against the OPEC cartel. — © Ed Markey
The Christians had a better chance against the lions than the American consumer has against the OPEC cartel.
The scarce water of Dune is an exact analog of oil scarcity. CHOAM is OPEC.
As the cost of gasoline rises and our dependence on foreign oil continues to increase, the effect of sending over $100 billion each year to OPEC nations hurts every American.
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