Dan Gertler Quotes

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.

American oil companies - including Amoco, Unocal, Exxon, Pennzoil - have invested billions of dollars in Azerbaijan and plan to invest billions more. As a result, they have developed a strongly pro-Azerbaijan position.

There is a tremendous amount of oil in Iraq and it's still very, very cheap due to all the political uncertainty. So if you want to be a serious oil investor, I would say get yourself to Iraq in person and look around to find great opportunities.

Russia's oil fields are mature and require capital and Western technology even to keep production flat.

In addition, the oil royalties the Federal Government does not collect from big oil will starve the Land and Water Conservation Fund of critical financial resources.

I can understand where the oil company wants to deduct the cost of drilling a well. That's one of the tax breaks for oil companies - the subsidies - they get to deduct the cost of the well the year you drill.

I worked offshore as an oil worker for a couple of years.

The oil under Libya is the champagne of oil, drop for drop the world's most valuable.

[Describing Iraq:] … floats on a sea of oil.

When I go down in my state, I see virtually none of the independent oil producers for [President Jimmy] Carter … We’ve gotten higher drilling rig counts, more dollars being spent, more activity, more profits being made by oil people than ever before. But do they like Carter? Oh no. they hate him because of his rhetoric.

The foreign companies, especially oil prospects and development companies, have been in Nigeria for about two generations - 40 years and above and so on. So, they know the environment. They stayed that long. They continue to invest because they know the potential Nigeria has in oil and gas and the capacity of the people to learn and work hard.

I mean, Rex Tillerson is in the business of exploring and finding oil across the globe.

Five years of Republicans' failed energy policies have resulted in Americans paying twice as much at the pump as they did in 2001, while big oil companies make triple the profits.

I sold my Chevron. I sold my ConocoPhillips. I sold my Statoil. I sold my ENSCO. I sold my Pioneer Natural Resources. I sold everything.

If you think Wall Street firms have it good, you haven't looked closely at Big Oil.

As a fluke, my great-grandfather hit one of the largest oil reserves in California.

I was born in Sarnia, Ontario; a small town, it's where oil was pretty much discovered in North America.

I didn't sign any contracts, and I didn't see any oil.

When you talk about the oil wealth you compare nations. There are some nations with less than five million people. Nigeria has 150 million people. I cannot say that all the money earned from oil since 1958, when the first drop of oil was exported from this country to date, that the money has been effectively used.

Opening the Arctic National Wildlife Refuge stands to not only increase the United States' oil reserves by nearly 50 percent, but it will create thousands of good U.S. jobs.

Yet, if we accept the solution offered today by this bill to explore and develop for oil on the coastal plain of ANWR, it will be 5 years, at least, and probably closer to 8 before the first barrel of oil flows from that effort.

Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.

All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.

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.

Pemex will remain 100 percent Mexican.