Global Energy Market Quotes

If people think we can draw a circle around North America and that we can be an independent island of energy, that's not realistic. This is a world market for oil, for refined products, and increasingly, for natural gas.

America has remained highly engaged in global affairs throughout decades of growing energy dependency, so it's hard to imagine it would disengage if its quest for energy self-sufficiency failed - especially amidst a world of heightened resource competition.

The United States must face the uncomfortable fact that its goal of “energy independence”--- a phrase that has become a mantra since it was first articulated by Richard Nixon four weeks after the 1973 embargo was put in place--- is increasingly at odds with reality.

We think we're near energy independence - nothing could be further from the truth. We're in much better shape now, but the price of a barrel of oil is going to be controlled by the Middle East for the next 10, 20, 30 years for sure.

Iraq has the second largest oil reserves in the world, it is right in the midst of the major energy reserves in the world. Its been a primary goal of US policy since World War II to control what the State Department called "a stupendous source of strategic power" and one of the greatest material prizes in history.

We have antiquated policies that were put in place in the 1970s that prohibit us from exporting our crude oil, yet we have allies around the globe asking the United States to provide them with a stable supply of energy.

Russia makes its money through selling of oil, and we've got underneath us more oil than anybody, and nobody knew it until five years ago. And I want to use it. And I don't want that taken away by the Paris Accord. I don't want them to say all of that wealth that the United States has under its feet, but that China doesn't have and that other countries don't have, we can't use.

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.

I have never stated Russia is an energy superpower, but we have more reserves than almost anybody else. We have always behaved, and we will continue to behave, in a responsible way. We intend to participate in the elaboration of common rules in the energy sector and to abide by rules which are developed together.

If we don't have a more serious energy policy, the difference between a good day and bad day for America from here on will hinge on how the 86-year-old king of Saudi Arabia manages...change.

Canada now calls itself an 'emerging energy superpower.' In reality, it is nothing more than a Third World energy supermarket.

Because America is the Saudi Arabia of natural gas. We have the world's largest reserves of natural gas, and the world's most sophisticated production and storage facilities, by a wide margin.

This issue is not economic but political. I hope that all market participants interested in maintaining stable and reasonable world energy prices will finally make the right decision.

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

When you're talking about Iraq and oil, you're talking about a mess, no matter who's in charge.

Our dependence on foreign energy sources is our Achilles heel, not just in the realm of diplomacy, but in terms of our future as the world's economic leader.

We've got, not only the Alaskan pipeline is not being built, and that oil, Canada may decide to sell it to China, and we may lose that oil forever.

All Americans are dependent for their energy on the Arabian peninsula.