A Quote by David Letterman
You folks been following the big British Petroleum oil spill in the Gulf of Mexico? I'm telling you, British Petroleum has put more birds in oil than Colonel Sanders.
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There is so much oil now in the Gulf of Mexico, and you can thank the folks of British Petroleum for this, so much oil in the Gulf, you can now park on it.
Speaking about our largest oil company Rosneft, and I recalled in the beginning that almost 20 percent of it [19.7] belongs to BP. Who's company is that? British Petroleum, isn't it? I suppose that is not bad. I have to tell that British Petroleum's capitalization is significantly related to the fact that it owns more than 19 percent of Rosneft, which has vast oil reserves both in Russia and abroad. This has its impact on the company's stability as well.
Have you been following the big oil spill in the Gulf of Mexico? Or as we call it now, the Dead Sea.
BP has put more birds in oil than Colonel Sanders.
A significant number of petroleum geologists believe that we will reach the global maximum of petroleum extraction within this decade or that we have already reached it. Peak Oil happened in 1970 in America, when over half of our oil that we gained from the soil was exhausted ... This is very disturbing, regardless of global warming.
Here's a viewer's guide to BP media briefings. Whenever you hear someone with a British accent talking about this on behalf of British Petroleum they are not telling you the truth. That's the bottom-line.
There have been more than 30,000 oil wells drilled in the Gulf of Mexico in the last 50 years. This is the first time something like this has ever happened [BP Deepwater Horizon oil spill], and we need to get to the bottom of it, find out what happened, make sure it doesn't happen again. But I think it is very reasonable to continue to drill.
Oil is also essential for military operations. No other substance, no other raw material, is so vital for the prosecution of warfare, than petroleum. And the United States being the world's only global power, is totally dependent on petroleum.
The oil spill is getting bad. There is so much oil and tar now in the Gulf of Mexico, Cubans can now walk to Miami.
There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.
Bad news, it's going to be a huge environmental disaster, the oil rig down there in the Gulf of Mexico. The good news is they think now that the oil spill will be diluted by the melting ice caps.
From the 1920s into the 1940s, Britain's standard of living was supported by oil from Iran. British cars, trucks, and buses ran on cheap Iranian oil. Factories throughout Britain were fueled by oil from Iran. The Royal Navy, which projected British power all over the world, powered its ships with Iranian oil.
We all remember the BP oil disaster in the Gulf of Mexico, the worst oil spill in U.S. history. What is less well known is that BP is claiming a 9.9 billion tax deduction on the money they had to spend cleaning up their own mess and paying for damages they caused. That is absurd.
The initials BP used to stand for British Petroleum, but like Kentucky Fried Chicken, they changed their name to improve their image. Apparently, 'Petroleum,' like the word 'Fried,' connoted a company too oily for American tastes.
There are many disturbing news. We believe that the production of conventional petroleum reached peak oil already in 2006. The oil fields in the North Sea and the US are collapsing ... time is running out.
How about that oil slick in the Gulf of Mexico. And you know, the oil slick is going everywhere. So the next time somebody lands on the Hudson, it won't be that big a deal.
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