Famous Quotes & Sayings

Abraham Lincoln

Oh, yes; you Virginians shed barrels of perspiration while standing off at a distance and superintending the work your slaves do for you. It is different with us. Here it is every fellow for himself, or he doesn't get there.

Fritz Kreisler

We started at once to dig our trenches, half of my platoon stepping forward abreast, the men being placed an arm's length apart. After laying their rifles down, barrels pointing to the enemy, a line was drawn behind the row of rifles and parallel to it.

What we hear about the discussions is they are talking about 2 million barrels per day for 30 days,

P. J. O'Rourke

Kabul is a walled city, which sounds romantic except the walls are pre-cast reinforced concrete blast barriers, 10 feet tall and 15 feet long and moved into place with cranes. The walls are topped with sandbags, and the sandbags are topped with guard posts from which gun barrels protrude.

The reaction from the public has been amazing. A few of us went to eat at Cracker Barrel one night and I still had my Brookshire name tag on. People just kept coming up and saying, 'Thanks for being there.' We didn't even have to pay for our meal.

We have all the usual events like bull riding, steer riding and barrel racing. But we also have the camp events, that are just fun, like a Wild Drag Race and Goat Dressing.

We believe the equilibrium price of crude oil has risen from about $20 per barrel during the 1990s to at least $30 during the current decade. The fundamentals are solid for the energy sector. Energy represents 6 percent of the S&P 500 market cap -- in our opinion it should be double-weighted.

Today there is a very thin layer of insulation in the oil market amounting to approximately one million barrels a day, meaning that every small disruption, be it a hurricane in the Gulf of Mexico or riots in Nigeria or instability in the Middle East, immediately creates a rise in prices. This situation will be with us for a long time because there is no new spare capacity. Building spare capacity requires an investment of billions of dollars to create infrastructure that may sit idle most of the time. Nobody will invest on those terms,

We are removing two million barrels a day from the market and we will make it clear that this is the first step to another possible reduction,

Kyle Cooper

We've lost 450,000 barrels a day of production, which is significant. Shell hasn't given us much of an idea of when they will be able to restore output. This is a pretty reasonable reaction given that we don't know how long it will be before the production is back to normal.

Charles Schumer

We have more oil in the Strategic Petroleum Reserve than we've ever had. It's full. And using about 30 or 40 million barrels for a few months to get the prices down will not hurt us strategically,

We're working to put those barrels in place in the shortest time possible

The push-up (in oil) was enough to scare some people with geopolitical unrest overseas, but it's a long day. Sixty-two dollars a barrel is probably the level where you start to see some effects on equities.

We were back to normal production six weeks after the hurricane. During that six weeks we distributed a million barrels of on-hand gas and imported another two million barrels for local and regional use.

World producers need to bring another 1 1/2 million barrels per day on line every year to meet rising demand. So even a minor supply disruption is going to have a disproportionate impact on oil prices.

We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.

When you turn up for work, especially with looking down the barrel of a show, you're hoping the person you're acting opposite of is going to be on your kind of crazy wavelength.

We're staring down the barrel of a loaded gun and that gun is ready to fire,

We're staring down the barrel of $4 a gallon for gas.

Frank Murkowski

When we had $10 a barrel a year ago, it was the market that was making the determination, ... To blame 'big oil' on profiteering is a little misleading ... the market is setting the price, not U.S. 'big oil.'

We're forecasting oil will grind higher up to $33, ... with an ultimate spike up to $40 a barrel on the outbreak of hostilities.

With the right investment environment and under the right government, Iraq could increase production by a million barrels a day every year for the next 10 years, ... It could be the largest oil exporter in the world, eclipsing Saudi Arabia.

In that sense, it has been rewarding in a sick way. We're leaner and meaner with oil at $55 a barrel coming off the peak than we were going up to $55 the first time.

Iran and Nigeria have got people extremely nervous. There's a concern that around two and a half million barrels per day of Iranian exports could be removed.

If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal.

Ann Landers

If you want to catch a trout, don't fish in a herring barrel

The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.

You could work up to that level, $90 to $100 a barrel, in the next two years. It could go to $90 or $100 a barrel pretty quick if something went haywire.

You could drink whisky straight out the barrel and it would taste rotten, ... Or you could be patient and wait 12 years. Then you get something magnificent. That's what Slow Food is all about.

The market expects bearish inventories, with crude up by 1.5 million barrels, distillates down 1.7 million barrels and gasoline supplies unchanged.

The initial question is where is the 2 million barrels going to come from.

The underlying drivers of this market - resources, energy - are continuing to run very strongly at record highs in copper, nickel, zinc, aluminum, gold ... oil prices are back to 68 bucks a barrel despite this wonderful, balmy weather we're having.

Andrew Nikiforuk

Much of the U.S. Midwest is already running on bitumen. Do we want to extend this addiction? And at what cost? Or should we set other goals and say one to two million barrels of oil a day from the tar sands is all we really need to make the transition?