A Quote by Richard Thaler

Although the United States cannot unilaterally lower the price of oil, it can reduce its consumption by using oil more efficiently and by developing alternative sources of fuel.

Richard Thaler

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Alternative Although Cannot Consumption Developing Efficiently Fuel Lower More Oil Price Reduce Sources States United United States Using

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Richard Thaler
American - Economist
Born: September 12, 1945

If the United States is to protect itself from the economic and the political threats created by this excessive dependence, we must reduce our reliance on foreign energy sources and on foreign oil as quickly and as efficiently as possible.

John Shadegg

The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent.

Gary Miller

Asia is rising economically - and is thirsty for oil. The price pressures on oil and oil price shocks, due to Asia's economic rise, mean that all steps made now to reduce oil dependence will protect us from pain and volatility later.

Van Jones

The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make.

David Pratt

Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.

Ron Wyden

The oil patch pays good. They're decent jobs paying between 50 and 70 thousand a year. Fracking has a big impact on the oil consumption in the United States.

Harold Hamm

The oil companies are really making a very lucrative amount of profit from the high price of oil. I don't that they're very keen to reduce the price of oil. The consumers are those who are the victims so I think that the producers, the governments, some of them, they're enjoying the high revenue that they get.

Ahmed Zaki Yamani

My fear is that the global consumption of oil is going to increase, but European oil consumption has already reached its peak. The amount of oil available globally, I think, has already peaked.

Gunther Oettinger

The problem is not the oil, but what they do with the oil. The United States is the biggest spender of oil and of all the planet resources.

Hugo Chavez

America is addicted to oil and increasing amounts of this oil comes from abroad. Some of the nations we depend on for oil have unstable governments or are hostile towards the United States.

George W. Bush

Instead of giving preference to oil imported from overseas, Washington should look to North American coal, oil shale and oil sands, all of which provide an affordable, abundant and alternative source of fuel. In addition to increasing cost effectiveness options for the government, it will also increase America's energy security.

John Barrasso

The United States is the biggest spender of oil and of all the planet resources. Oil is a very valuable resource for life - electric heaters. We must have to transition ourselves to a post-oil era.

Hugo Chavez

About 75% of the price of gas is really dictated by crude oil. At the heart of the issue is increasing demand over a period of many years around the world. World crude oil consumption now is close to 90 million barrels a day. Most of the growth in demand is coming from China and the developing world.

John S. Watson

We are witnessing the beginning of one of the great tragedies of history. The United States, in a misguided effort to reduce its oil insecurity by converting grain into fuel for cars, is generating global food insecurity on a scale never seen before.

Lester R. Brown

But today in the United States, and this shows you where fascism REALLY exists, Any doctor in the United States who cures cancer using alternative methods will be destroyed. You cannot name me a doctor doing well with cancer using alternative therapies that is not under attack. And I know these people; I've interviewed them.

Gary Null

Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption... The United States will never be able to cut Iran's oil revenues.

Hassan Rouhani

A Quote by Richard Thaler

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