A Quote by Cornel West
I think in the end, you know, we're just addicted to oil. We've got to overcome that addiction, and we need some serious accountability of big oil, because big oil, like so much of big businesses, has just colonized our government, colonized the regulatory agencies so we can't impose any kind of accountability on them.
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The oil areas have a big problem digesting the oil. There's too much money, and the people don't know what to do with it. I'm finding all the time that we have more industries and more success stories which are not involved with oil.
But they are not going to take on Big Oil because Big Oil is very generous at campaign time, and this is all about the elections. They want to pretend that they are doing something meaningful.
I'm fighting for small businesses. I'm not fighting for big oil. Don't be confused. And there are thousands of businesses in this state that are at great risk. Meanwhile, the country keeps guzzling the oil, but we're out of work down here. We need to get back to work to build this region, and we intend to do so.
Oil wells never really run dry. A big company will drain maybe 40% of a field. Pulling out the rest of the oil, which requires an outlay of incrementally more cash per barrel, often proves uneconomical for big companies with big overheads.
America is addicted to oil and increasing amounts of this oil comes from abroad. Some of the nations we depend on for oil have unstable governments or are hostile towards the United States.
I've been saying for a long time, and I think you'll agree, because I said it to you once, had we taken the oil - and we should have taken the oil - ISIS would not have been able to form either, because the oil was their primary source of income. And now they have the oil all over the place, including the oil - a lot of the oil in Libya, which was another one of her disasters.
For too long, the system has been biased in favor of oil and gas developers: sweetheart lease deals, generous subsidies and a regulatory process so slanted in favor of Big Oil that often permit reviews are simply waived.
In addition, the oil royalties the Federal Government does not collect from big oil will starve the Land and Water Conservation Fund of critical financial resources.
I can at once refute the statement that the people of the West object to conservation of oil resources. They know that there is a limit to oil supplies and that the time will come when they and the Nation will need this oil much more than it is needed now. There are no half measures in conservation of oil.
We all say data is the next white oil. [Owning the oil field is not as important as owning the refinery because what will make the big money is in refining the oil. Same goes with data, and making sure you extract the real value out of the data.]
Most companies aim to get bigger. But beyond a certain point, bigness becomes synonymous with badness. Think of Big Pharma, Big Auto, Big Oil. Worse, if you are regularly described as one of the Big Four, Five, or Six in any business sector, you are probably already in the sights of regulators and lawmakers.
If every U.S. citizen ate just one meal a week (any meal) composed of locally and organically raised meats and produce, we would reduce our country’s oil consumption by over 1.1 million barrels of oil every week. That's not gallons, but barrels. Small changes in buying habits can make big differences. Becoming a less energy-dependent nation may just need to start with a good breakfast.
If you believe our president, a former oil businessman, is going to end our addiction to oil, shame on all of us.
We need to reduce or at least limit U.S. demand for oil as quickly as possible, and we need to develop new technologies that can further help address our addiction to oil in the future.
The need to help spread democracy and the ability to do that will be much greater if we break this addiction to oil, which gives the oil princes and sultans the power in the Mideast.
I don't think for a minute we went to Iraq for oil. It just so happened that it had oil. But I think we'll come out of the Iraqi situation with a call on their oil at market price.
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