Oil Price Manipulation Quotes

The U.S. policy of hoarding crude oil never made the world, or even the U.S., a safer place.

First off, the crude oil market, unlike every other commodity in America, is virtually unregulated.

There is no free market in oil.

The pro-American policy is the one that forces oil prices down. The way to do this is to flood the world market with liquid fuel from every source possible.

The Bush administration did stop filling the reserve in 2002 when it helped the oil industry. Now they should do it to help the consumer.

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.

There is no free market for oil. It's controlled by a cartel, OPEC.

Cycles of shortage and surplus characterize the entire history of oil.

Every barrel of oil that we produce around the world benefits Americans because it keeps prices down. We can talk more later about American energy independence, but the facts are, every barrel we produce helps Americans because it keeps prices down.

Absent some international interruption, there's no real justification for oil being more than $90 or $100 a barrel.

The Bush administration and Congressional Republicans have failed to bring up comprehensive energy reform or any piece of legislation for that matter that would lower gas prices, opting instead to give massive subsidies to the oil and gas industry.

There is no free market for oil.

Like the vast majority of my constituents, I continue to be concerned about record profits reported by petroleum companies at a time when consumers are paying record high prices for gasoline.

The rise in world oil prices has been larger than anyone forecast.

I don't see why OPEC countries should continue to cut production just to keep the price of oil high. This will not affect the industrial countries alone, it will also hit poor countries in Africa, Asia and Latin America. Who will look after them?

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.

You can imagine these radicals getting a hold of a country where they're able to pull oil off the market to run the price of oil up to extract concession.