Oil Profits Quotes

So if you want to know how Exxon Mobil can make $10 billion profit in 90 days, just look around. The whole world was built for them.

If there is the right opportunity for us to have a big oil play in Congo or somewhere else, we will definitely go for it.

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

Like many other Americans, I'm tired of the U.S. taxpayer paying for foreign wars, especially when the countries we defend have raked in huge oil profits.

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.

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

Arab leaders worry more about making money from the profits they get from oil and gas that they turn the other way when Lebanon is being destroyed right next to them. Their neighbours are being murdered, but they only make calculations for their own benefit.

In the 1940s, the petroleum business was an American game, and it was enormously to our advantage that the world ran on oil.

Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.

For those of us who worry more about working people than about windfall profits for oil companies, it may net out. A better question is: what does it do to our economy if we manage to overheat the earth? This summer's drought provides a small taste.

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.

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.

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.

People really feel that, when they go to the gas pump now, that the oil cartel is holding them by the legs and tipping them upside down and shaking money out of their pockets.

Jerry Ormand was already a legendary Texas oilman when I met him. Yet he took the time to introduce me to the fine points of the oil business and how to survive and prosper amid the chaos of a rough-and-tumble industry.

There are growing concerns that oil companies are making too much in profits at the expense of consumers.

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil …. Whatever their publicized angst over Saddam Hussein's 'weapons of mass destruction,' American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the world economy

The problem is that the automobile companies are not independent entities capable of pursuing their own interests. Rather, they are owned and controlled by organizations that are much more heavily invested in oil.

There are going to be questions about what major oil companies are doing with all of the resources they're accumulating. They can't escape that.

Failing to warn the citizens of a looming weapon of mass destruction- and that's what global warming is- in order to protect oil company profits, well, that fits for me the definition of treason.

What the oil producer gets paid is about 16 percent. The majority of it is tax, which in fairness to the government of this country they have accepted and admitted.

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

I've never had a penny through oil deals and no one has produced a shred of evidence that I have.