A Quote by M. King Hubbert
Were we a rational society, a virtue of which we have rarely been accused, we would husband our oil and gas resources.
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The development of oil and gas resources depends more on capital than labour, and exporting oil and gas neither generates maximum returns from these precious resources nor creates large numbers of jobs within the local economy. As a result, the benefits are typically not shared broadly across society.
I was born in Siberia, which supplies nearly 80 percent of Russia's oil and natural gas resources, so I've always been aware of how big a pollutant that industry is. But it was a huge wake-up call to learn that the fashion industry is the second-largest polluter after oil.
Bolivia also depends not only on tin and other minerals, but also depends on the gas and oil. A rational extraction should be made, taking care of the environment. We should give added value to this natural resource, and generate revenue to fight poverty with more resources, that come from natural resources.
It might have been offset for us if the revenue from our own oil and natural gas that was just developing had been available to the Labor Government, but the oil revenues were just coming in when Labor fell in '79.
Venezuela has the biggest oil reserves in the world. And the biggest gas reserves in this hemisphere, the eighth in the world. Venezuela was a U.S. oil colony. All of our oil was going up to the north, and the gas was being used by the U.S. and not by us. Now we are diversifying. Our oil is helping the poor.
We are considering various ways of making use of our oil and gas downstream industries. This is to be complemented with the import of oil and gas from other sources as raw materials.
Right now, I see a lot of alarming trends inside Russia, especially in Siberia, which I represent in the parliament. People start to ask questions: If we mine all the natural resources - if we have all the oil, all the gas, all the coal, all the gold, all the diamonds - why the hell do we need central Russia? They are just eating at our resources. Without Moscow having a response for this, it would face very nasty questions such as one that was asked during my recent reelection campaign - it actually became a slogan of my campaign - "Stop feeding Moscow."
We have become great because of the lavish use of our resources ... But the time has come to inquire seriously what will happen when our forests are gone, when the coal, the iron, the oil and the gas are exhausted.
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.
When the President is making it harder to mine coal, to use coal, to take advantage of our gas resources, to make it harder to get our oil resources - all those things combine to make our cost of energy higher than it needs to be, and it drives away enterprises from this country. It sends it to places that have lower-cost energy.
Water is our most precious resource, but we waste it, just as we waste other resources, including oil and gas.
We always say Jordan is not rich in natural resources - we don't have oil or gas like some of our neighbors do - but I think in terms of human resources, we are quite lucky and we are really trying to foster an environment of innovation and technology. I think Jordan will emerge as a center of innovation in the Middle East.
Peak oil: The over-populated UK's ability to feed and supply itself for our privileged lifestyle requires the land and resources of other nations. Against a background of depleting oil resources, this is a dangerous strategy
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
After the oil spill, I had this strong feeling that if I ever were to be blessed in having children, I never wanted my kids to see me pumping gas at a gas station. I think it's our responsibility to make the changes that we need to take regardless of convenience.
If the world market believed that we were serious about energy independence and we were going to utilize all of our own existing resources, the speculators would stop speculating up they start speculating down as we get our own oil out of the ground.
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