David Wessel Quotes

If the oil price goes down, Russia will go down. You can track the Ruble, you can track the stock market, just off the price of oil.

The Russian economy is way down because of the price of oil, and because the USSR was a big chunk of it.

The price of oil is rising because of all the unrest in the Middle East. And the unrest in Wisconsin is causing the price of cheese to go through the roof.

A Saudi Arabian prince has said that oil may never again rise above $100 a barrel. He said it's gotten so bad he can't afford to buy his wife her own car that she's not allowed to drive.

When oil goes over $40 a barrel it's almost impossible for America to do well.

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.

If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market.

If you want your energy bills to go up, you should support an ever greater dependence on foreign oil, because the rate of new discoveries is declining as demand in China and India is growing, and the price of oil and thus the price of coal will go sky high.

Oil wealth has been a curse on us, made us weak and docile.

The Italian economy is certainly the weakest of the big European countries.

We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.

A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.

Pricey oil makes clear that wealth really is energy in various forms.

I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises.

More customers for Canadian oil means that Canadian producers can charge more for their oil, which then means that American businesses and consumers will pay more for oil.

The price of oil and the price of freedom always move in opposite directions in oil rich ‘petrolist’ states. The higher the average global crude oil prices rises, the more free speech, free press, free and fair elections, an independent judiciary, the rule of law, and independent political parties are eroded.

The price of oil and the pace of freedom always move in opposite directions. It’s the First Law of Petropolitics.

Russia is a gas station posing as a country.

The problem of oil, it might be tersely said, is that there is always too much or too little.

Every dollar added to the price of oil weakens America and strengthens her enemies.

On Friday, October 28, 2016, the FBI disclosed that they were reopening Clinton's email probe, and the same day, gold hit $1280/oz. Conversely, oil dropped by $1.33 to $45.34 per barrel, while stock prices also took a tumble.

Every dollar cut from the price of oil weakens the enemies of freedom and strengthens America.

The best measure of inflation is what is happening with commodity prices.

The Putin regime's income comes from oil and gas exports. If we could crash the price of these commodities, we could bankrupt the regime.

The European Union is becoming more economically feeble every year.