A Quote by Elizabeth May
I stick to stuff I'm pretty sure of and I know this: when the price of a barrel of oil is under $80 a barrel and you build a pipeline, you are driving up greenhouse gases.
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You could pay a fair market price for a barrel of oil and cut 50 cents a barrel or a dollar barrel off what you're going to pay Mexico and use that money and put it towards to the building a wall. If they don't like it, too bad we're go buy the oil.
Every barrel of oil that comes out of those sands in Canada is a barrel of oil that we don't have to buy from a foreign source.
You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel.
If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market.
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.
The world should forget about cheap oil. The price will keep going up and some day arrive at US$100 per barrel.
We think we're near energy independence - nothing could be further from the truth. We're in much better shape now, but the price of a barrel of oil is going to be controlled by the Middle East for the next 10, 20, 30 years for sure.
A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.
Coming from New York, I know that if you go by a delicatessen, and you put a sweet cucumber in the vinegar barrel, the cucumber might say, "No, I want to retain my sweetness." But it's hopeless. The barrel will turn the sweet cucumber into a pickle. You can't be a sweet cucumber in a vinegar barrel.
The basic scientific conclusions on climate change are very robust and for good reason. The greenhouse effect is simple science: greenhouse gases trap heat, and humans are emitting ever more greenhouse gases.
Experts say that if we go to war with Iraq, oil could reach as much as $80 a barrel. Of course, after the war it will be free.
If the United States was mad enough to attack Iran or aggress Venezuela again the price of a barrel of oil could reach $150 or even $200.
Evolution is like walking on a rolling barrel. The walker isn't so much interested in where the barrel is going as he is in keeping on top of it.
The problem is, there are definitely some genuinely lame things on television, and there's more at the bottom of the barrel, because the barrel in a sense has gotten bigger.
Extreme weather like the droughts in Russia, China and Brazil and the flooding in Pakistan and Australia [in 2010] have contributed to a level of food price volatility we haven't seen since the oil crisisof 40 years ago. Unfortunately, this could be just a taste of things to come because in the next few decades the build-up of greenhouse gases already in the atmosphere could greatly increase the risk of droughts, flooding, pest infestation and water scarcity for agriculture systems already under tremendous stress.
Now it will take a long time to scale biofuels, but I'm the only one in the world forecasting oil dropping in price to $35 a barrel by 2030. I'll put it on the record: Oil will not be able to compete with cellulosic biofuels. If you do it from food, the food will get so expensive you can't make fuel out of it.
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