William Ramsay Quotations

But this particular incident is probably going to raise questions that maybe some product stocks would be in order. I'm not sure that anyone anticipated the kind of devastation we've seen in those refineries.

People are saying 'let's take a second look' at nuclear power. Rising oil prices means nuclear is becoming more economically attractive, and gas prices are a second kick in the pants.

I think Russia has made a serious mistake. It has demonstrated its willingness to use its gas as a political and economic tool.

Russia has done some serious damage to its otherwise-good reputation for security of supply. Europe is going to have to take a hard look at their exposure and whether there's a way to fix that.

As Indonesia confronts its subsidies, and as other countries begin to move prices closer to market levels, it takes some of the incentives for smuggling out.

(This is not about) setting up some supranational scheme.

There needs to be a better assessment of what the vulnerabilities are and what constitutes vulnerability.

It's hard to say we had been thinking about this sort of problem. The traditional supply disruption you think about is a political one, like the 1973-1974 embargo. Here, you had a situation where a local refining problem could become a global one.

It's shocking. There is no fundamental reason. Prices are talked up by politics, stock levels and security concerns.

It's not an easy topic because it gets at some fairly delicate issues. The source of some of the smuggling, who's involved, means it is probably not that easy a topic to tackle.

The U.S. can't isolate itself from global markets so whether it buys its oil from the Middle East or not it will be exposed to the same supply conditions of the market and the same price conditions of any other importer.

I don't think even OPEC likes to see prices at these levels. It's not in their interest,

If Russia is prepared to run the risk of cutting off supplies to its neighbors if they have a disagreement, how reliable are they as a supplier? You have to ask the question.

Nothing can be more certain than this: that we are just beginning to learn something of the wonders of the world on which we live and move and have our being.

Progress is made by trial and failure; the failures are generally a hundred times more numerous than the successes ; yet they are usually left unchronicled.

The noblest exercise of the mind within doors, and most befitting a person of quality, is study.

The country which is in advance of the rest of the world in chemistry will also be foremost in wealth and in general prosperity.