Abdallah Salem el-Badri Quotes

But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.

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.

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.

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.

Frankly, if you can sell something at $80 a tonne that cost you $20 a tonne, you might want to sell as much as you can.

We're creating new supply for the world, which is key. If we didn't get more tonnes into the system, your next motorcar is going to cost more because the aluminum cost is going to be higher.

The goal of any farmer, after producing enough to feed his own family, has always been to find the best place to sell the year's crop.

I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.

It's incredible how much money you can make on a rubber toy.

Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.

If you're going to sell stock and somebody wants to buy it at a price and that price is not a price you dictate, but demand dictates, sell it to them now.

Time is money. Wasted time means wasted money means trouble.

Furniture manufacturing in plastics requires very costly machinery, which the Danish market is not big enough to justify. Or so they say. But show me a plastics manufacturer who dares to take on the experiment.

The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well.

The exchangeable value of all commodities, rises as the difficulties of their production increase.

The less oil the world uses, the less important the region that has so much of it becomes.

Part of the film business is, if you want an apple, you buy an apple.

We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world.

It's sad when you say a $30 million film is an inexpensive film, but it is.

I strongly believe that for the steel prices to be market-driven, without distortions, we need to substantially increase the production capacity.

Kickstarter eliminates the risk that publishers and booksellers face. They have limited resources and limited shelf space, and Kickstarter is proof to them that something is going to work.

The prices of raw materials do not fluctuate directly with the labour cost of producing them.

Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.

We have an imbalance over how much we produce relative to how much we consume.

The people of this country have been erroneously encouraged to believe that they could keep on increasing the output of farm and factory indefinitely and that some magician would find ways and means for that increased output to be consumed with reasonable profit to the producer.