A Quote by Ted Deutch

Beyond a power play by the oil industry, there is no conceivable explanation for barring courts within any state from considering cases related to oil leases and energy production off its own coastlines.

Ted Deutch

Quote Topics

Any Beyond Cases Considering Courts Energy Energy Production Explanation Industry Off Oil Oil Industry Own Play Power Power Play Production Related State Within

Quote Author

Ted Deutch
American - Politician
Born: May 7, 1966

So long as oil is used as a source of energy, when the energy cost of recovering a barrel of oil becomes greater than the energy content of the oil, production will cease no matter what the monetary price may be.

M. King Hubbert

Bitumen is junk energy. A joule, or unit of energy, invested in extracting and processing bitumen returns only four to six joules in the form of crude oil. In contrast, conventional oil production in North America returns about 15 joules. Because almost all of the input energy in tar sands production comes from fossil fuels, the process generates significantly more carbon dioxide than conventional oil production.

Thomas Homer-Dixon

The oil industry is a stunning example of how science, technology, and mass production can divert an entire group of companies from their main task. ... No oil company gets as excited about the customers in its own backyard as about the oil in the Sahara Desert. ... But the truth is, it seems to me, that the industry begins with the needs of the customer for its products. From that primal position its definition moves steadily back stream to areas of progressively lesser importance until it finally comes to rest at the search for oil.

Theodore Levitt

Congress has no business telling courts within a state that they are prohibited from considering issues involving a lease for energy development, production, and exploration that has the potential to cause irreparable environmental and economic damage to the Gulf Coast area of that state.

Ted Deutch

It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.

T. Boone Pickens

Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.

John Hoeven

Denying our courts the ability to hear oil-related cases of great consequence to our environment and our economy is completely the wrong direction to protect the rights of Floridians.

Ted Deutch

There are billions of barrels of oil in the Outer Continental Shelf. There is even more in Alaska. There is enough oil shale in the Rocky Mountain West alone to power America for the next hundred years. The Democrats say all this American energy is off limits.

John Barrasso

There's a huge misconception that it's all about the oil, and the truth is there's actually not much oil left in Abyei. The misperception arose because when the peace agreement was signed in 2005, Abyei accounted for a quarter of Sudan's oil production. Since then, the Permanent Court of Arbitration in The Hague defined major oil fields to lie outside Abyei. They're in the north now, not even up for grabs, and they account for one percent of the oil in Sudan. The idea that it's "oil-rich Abyei" is out of date.

Rebecca Hamilton

Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market.

Allyson Schwartz

Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil. ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.

Ida Tarbell

As I explain at some length in my book 'Energy Victory,' during World War II, the American strength in oil production was a decisive advantage for the Allies. Airplanes, ships, and tanks all ran on oil, and we controlled the supply.

Robert Zubrin

The transition from coal, oil, and gas to wind, solar, and geothermal energy is well under way. In the old economy, energy was produced by burning something - oil, coal, or natural gas - leading to the carbon emissions that have come to define our economy. The new energy economy harnesses the energy in wind, the energy coming from the sun, and heat from within the earth itself.

Lester R. Brown

Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.

Mark Levin

Oil production should peak out around the world in the early 1990s...That means in five years' time we may have chewed up most of the possibility of further expansion of oil production.

James R. Schlesinger

Brazil does not want to become an exporter of crude oil. No. We want to be a country that exports oil byproducts - more gasoline, high-quality oil - and to strengthen the petrochemical industry.

Luiz Inacio Lula da Silva

A Quote by Ted Deutch

Quote Topics

Quote Author

Related Quotes

Related Authors