A Quote by Randall Robinson
I think the business community knows that half the world's oil reserves are gone. All the low-hanging fruit has been picked, and now there's the scramble for what remains.
Related Quotes
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 consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world.
I think the Dutch certainly get British comedy. And let's face it; a lot of it is pretty low-hanging fruit for the whole world now. There are probably tribes in the heart of the Papua New Guinean rainforest that know all the words to the Dead Parrot sketch.
Iraq has the second largest oil reserves in the world, it is right in the midst of the major energy reserves in the world. Its been a primary goal of US policy since World War II to control what the State Department called "a stupendous source of strategic power" and one of the greatest material prizes in history.
Regardless of how you feel about peak oil or global warming, the increased use of natural gas is a positive thing because it is being found at a rate that is faster than that of new oil reserves, it is relatively abundant, and our reserves are longer lived than our oil reserves... It does not get the kind of attention it deserves.
Oil remains fundamentally a government business. While many regions of the world offer great oil opportunities, the Middle East with two-thirds of the world's oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.
Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.
Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis.
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.
Colorado's collective shale deposits contain somewhere in the neighborhood of 1 trillion barrels of oil. That's almost as much as the entire world's proven oil reserves!
For corporate marketers pod-casting is low hanging fruit.
By some estimates, the oil you recently discovered off the shores of Brazil could amount to twice the reserves we have in the United States. We want to work with you. We want to help with technology and support to develop these oil reserves safely, and when you're ready to start selling, we want to be one of your best customers.
Even if we were to sign peace today, the economic conditions in our country would not improve automatically because it will take some time to reach the level of oil production before the war and the oil prices are likely to remain low for some time as the supply of oil in the world is high and demand is low.
When you look at the actual data on technological innovation, one thing you see is that what I call the 'low-hanging fruit' has been exhausted. So radio, flush toilets, electricity, and automobiles - a lot of very basic inventions - have spread to almost all households.
The country remains dependent on oil. But as we are now learning, oil is becoming increasingly scarce.
I picked up my mocha and stood. The cup was still almost half-full, but I didn't want it anymore. Besides, it was now luke-warm. Which meant I didn't have to worry if it was scalding him when I tossed the remains in Ethan's face.I think Finn might have craked a smileas he held the door open for me, but I wasn't sure.
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