A Quote by Erna Solberg
We can't just live as rentiers off the oil fund.
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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.
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.
L.A. is fun, but it feels like one of those towns in the north of Scotland where there's an oil rig just off the coast and whether or not you work for the oil rig, everyone is connected to it.
I instinctively live. I do what I do. A lot of people live off of logic rather than emotions. I just live off of emotion.
Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system
You know how much money the oil companies have? If you need some gas, just go fill your tank off and drive off - they're not going to miss it.
If the oil price goes down, Russia will go down. You can track the Ruble, you can track the stock market, just off the price of oil.
You can imagine these radicals getting a hold of a country where they're able to pull oil off the market to run the price of oil up to extract concession.
Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
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.
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.
The new discovery of a 3.3 billion barrel oil deposit off Norway's coast cements that nation's claim to being Europe's second largest oil producer.
If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.
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.
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.
It hinges on oil. Europeans feel they handled the boycott after the Yom Kippur War [1973] very badly. The Arabs need to sell oil; otherwise they cannot live.
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