A Quote by Martin Winterkorn
Russia has the largest reserves of natural resources, including iron and natural gas. The market will develop in the long term, and the VW Group will benefit from it.
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India is and will remain an important strategic growth market for the Volkswagen Group. We are convinced that VW will take on a key role in the Indian automobile market in the long-term.
Because America is the Saudi Arabia of natural gas. We have the world's largest reserves of natural gas, and the world's most sophisticated production and storage facilities, by a wide margin.
You can't invest in natural gas on a daily basis. It's too volatile. But if you think of natural gas as a long-term holding, then you push your profit horizon out. A long-term time horizon would be at least two years.
We've recognized that natural gas would be the fastest-growing of the conventional fuels: oil, natural gas, coal. And so, we see the important role that natural gas will play globally and, more importantly, the important role it will play in the U.S. in terms of meeting future energy demand.
Today, natural gas now outstrips coal as the leading provider of electricity in America. If this is as big as people believe it is, natural gas will soon be powering trucks and marine ships. Maybe even standard commercial cars that people use at home through compressed natural gas, other gas to liquids. The potential is there for more energy independence by America and a reliance on cleaner fuel - natural gas emits half as much as coal, in terms of carbon emissions. That's a real bounty.
National parks and reserves are an integral aspect of intelligent use of natural resources. It is the course of wisdom to set aside an ample portion of our natural resources as national parks and reserves, thus ensuring that future generations may know the majesty of the earth as we know it today.
The term 'natural resources' confuses people. 'Natural resources' are not like a finite number of gifts under the Christmas tree. Nature is given, but resources are created.
Relative to oil, however, natural gas is very cheap and very attractive. And I think that natural gas in emerging markets is very attractive. There is very little natural gas infrastructure in places such as China, where there is tremendous demand for natural gas.
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.
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.
Russia became a juicy chunk of the Third World, with immense reserves of cheap labor, a vast treasure of natural resources, and industrial assets to be sold off at giveaway prices.
Some take advantage of natural resources to put the capital in the hands of the few, while some use these natural resources to benefit the majority, as we do in Bolivia.
New Hampshire understands the need to pursue modern and long-term energy strategies that will help lower costs, protect our natural resources, and create good jobs.
Our nation is well equipped to make the transition. We have an abundance of natural resources like wind, natural gas, solar and geothermal.
We have for too long put vast oil and natural gas reserves off limits to exploration and production, as The Washington Post editorial stated this week.
...the era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system
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