A Quote by Veerappa Moily
Those who know me would tell you, 'Moily can't be cowed down.' I have plans to enhance domestic oil and gas production.
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When it can be done safely and appropriately, U.S.-produced oil and natural gas is important, and domestic production has energy security benefits over importing those fuels.
What you don't hear from these GOP candidates is that they really can't go after this president on domestic production of oil and gas. He's actually done quite a lot. In fact, I would suspect they're environmentalists who are worried that we're doing too much drilling and fracking, in fact. I know that for a fact.
By encouraging conservation, increasing investments in clean, renewable sources of energy, and promoting increased domestic production of oil and gas, we can build a more secure future for our country.
I came here to help make America more competitive and prosperous by developing an energy policy that increases conservation, promotes cleaner technologies, encourages development of renewables and enhances domestic production of gas and oil.
...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
I do not remember when I said this [oil production would collapse ], maybe in the heat of the moment, but I do not think I even said it, but I may just not remember it. I was saying that at a certain level of oil prices new deposits will not be explored. That is what is actually happening. However, surprisingly, our oil and gas workers [mainly oilmen] continue to invest.
The gulf coast, we all know now, after Katrina, is responsible for 25 percent of U.S. production of natural gas. Following Katrina and Rita, almost 75 percent of the natural gas production in the gulf was shut down and not producing.
Oil production, energy production are growing, though the latter has gone down by about 1 percent here, I believe... By the way, we occupy the first place in the world in gas export, accounting for 20 percent of the world market. We are also first in the sphere of liquid hydrocarbons export.
If anybody is so mad at Vladimir Putin, you know what they could do? They could advocate for a gas tax. He gets all his leverage from selling gas and oil. If we had a gas tax that made that less palatable, he would be less of a player on the world stage.
You know, if we're going to bring down the price of gas, you have to have three things. You have to have a big reserve, you have to have the ability to develop oil out of that reserve quickly, and you have to be able to produce oil at a relatively low cost.
Instead of going to the ends of the Earth - and plumbing the depths of the oceans - to squeeze out every last drop of oil, we need, instead, to do everything we can to reduce the risks of offshore oil and gas production.
It is not as though the process of production holds any mystery for me, I know exactly what it involves and I know the predominant concern in shooting one of those things is production values - or as they would say, seeing it all up there on screen.
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.
In 1979 I teamed up with my friend and business partner, Bill DeWitt, and together we formed an oil and gas company that invested through limited partnerships in oil and gas exploration.
We want to see oil and gas regulations on a continental basis given the integrated nature of this industry, with the current conditions in the oil and gas sector, this government will not consider unilateral regulation.
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.
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