Oil wells Quotes

“Rising demand for oil exposed Europe, and later America, to oil shocks - serious interruptions in supply. Like a pebble tossed into a pond, an oil shock creats ripples, or effects, felt everywhere.Oil shocks have two causes. The first is natural, because existing oil fields may not yield enough to satisfy demand. Scarcity results in higher prices for oil products, reducing our standard of living. Natural scarcity was not a problem in the world's major producing areas until recently.The second cause of oil shocks is political. Political shocks happen when governments of oil-producing countries reduce or halt supply to gain the upper hand in dealings with other governments. This is the case in the Middle East, where oil has often mixed with politics, religion, and blood. The reasons for this have shaped the history of recent times.”

“By the fall of 1918, it was clear that a nation's prosperity, even its very survival, depended on securing a safe, abundant supply of cheap oil.”

“Living is about capturing the essence of things. I go through my life every day with a vial, a vial wherein can be found precious essential oils of every kind! The priceless, fragrant oils that are the essence of my experiences, my thoughts. I walk inside a different realm from everybody else, in that I am existing in the essence of things; every time there is reason to smile, I hold out my glass vial and capture that drop of oil, that essence, and then I smile. And that is why I have smiled, and so you and I may be smiling at the same time but I am smiling because of that one drop of cherished, treasured oil that I have extracted. When I write, I find no need to memorize an idea, a plot, a sequence of things: no. I must only capture the essence of a feeling or a thought and once I have inhaled that aroma, I know that I have what I need.”

“America experienced its first oil shock. Within days of the cutoff, oil prices rose from $2.90 to $11.65 a barrel; gasoline prices soared from 20 cents to $1.20 a gallon, an all-time high. Across America, fuel shortages forced factories to close early and airlines to cancel flights. Filling stations posted signs: 'Sorry, No Gas Today.' If a station did have gasoline, motorists lined up before sunrise to buy a few gallons; owners limited the amount sold to each customer. Motorists grew impatient. Fistfights broke out, and occasionally, gunfire. President Nixon called for America to end its dependence on foreign oil. 'Let us set as our national goal. . . that by the end of this decade we will have developed the potential to meet our own energy needs without depending on any foreign energy source,' he said. We have still not met this goal.”

“Everybody looks at oil and almost entirely forget that the percentage of jobs the oil sector creates is relatively small compared to the population; the introduction of more sophisticated exploration methods makes it even worse. Oil companies now look for smarter, leaner and cheaper operations. Where will these leave the economy? Good disposable income to the government with no real value to the people of the Niger Delta.”

“I think the reason why I don't read so much, is because as I have observed, whole books all boil down to a drop of essence. You can read a book full of ten thousand words and at the end, sum it up in one sentence; I am more for the one sentence. I am more for the essence. It's like how you need a truckload of roses to extract one drop of rose oil; I don't want to bother with the truckload of roses because I would rather walk away with the drop of rose oil. So in my mind, I have written two hundred books. Why? Because I have with me two hundred vials with one drop of essence in each!”

“Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.”

“Many have blamed the gasoline shortages and long lines at filling stations in 1973 on the Arab Oil embargo of that year. However, the shortages and long lines began months before the Arab oil embargo, right after price controls were imposed.”

“I'm just really impressed by oil paintings - I don't see how people do it! That's the style I like: classic oil paintings. Abstract art just isn't my thing.”