A Quote by Peter DeFazio

First off, the crude oil market, unlike every other commodity in America, is virtually unregulated.

Peter DeFazio

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America Commodity Crude Crude Oil Every First Market Off Oil Other Unlike Virtually

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Peter DeFazio
American - Politician
Born: May 27, 1947

The crude oil market, unlike every other commodity in America, is virtually unregulated.

Peter DeFazio

We access virtually every producing basin, whether for natural gas or crude oil, in the U.S. and Canada.

Richard Kinder

We passed law that encouraged consumption through different purchasing habits like, you know, hybrid vehicles. You buy hybrid, you get a tax credit. We've encouraged the spread of ethanol as an alternative to crude oil. We have asked for Congress to pass regulatory relief so we can build more refineries to increase the supply of gasoline, hopefully taking the pressure off of price. And so the strategy is to recognize that dependency upon crude oil, in a global market, affects us economically here at home. And, therefore, we need to diversify away as quickly as possible.

George W. Bush

About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.

Peter DeFazio

Public-policy-wise, if you want to be consistent, crude oil is a bulk commodity, and you should be able to export it. I would rather the crude go to U.S. refineries to get refined and then export the refined product because we get double, triple the money.

John Shimkus

Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market

Gary Miller

Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market.

Gary Miller

The rapid increase in the production and transportation of crude oil requires additional vigilance for the continued safe movement of this commodity.

Anthony Foxx

Although oil is a commodity, it's still not a commodity like coffee, which, thank God, we will have with us always. At some point the oil will run out.

James Surowiecki

The disaster in the Gulf was no accident. It was the result of years of oil money buying off politicians to lead to an unregulated and ill focused addiction to oil and drilling. The doomed fate of the local fisherman and the environment were foretold in the infamous chants of 'Drill, Baby, Drill.

Robert Greenwald

Tar sands oil is the dirtiest fuel on Earth. Because producing it consumes so much energy, a gallon of tar sands crude generates 17 percent more carbon pollution than conventional crude oil.

Frances Beinecke

President Trump will release America's pent-up energy potential, get rid of foreign oil, trash punitive regulations, create millions of jobs, and develop our most strategic geopolitical weapon: crude oil.

Harold Hamm

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.

Ida Tarbell

In America, unlike England, unlike Israel, unlike Japan, other democracies, we have elections that have staggered terms.

Barney Frank

The other thing is this industry has decided it only has one market. Unlike any other industry in the world, unlike film or books or sports even, this industry has decided it has only one market and that's 14 year old boys.

Rob Walton

A Quote by Peter DeFazio

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