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Where oil is first found is in the minds of men
Oct 1, 2025
Prospecting for oil is a dynamic art... The greatest single element in all prospecting, past, present and future, is the man willing to take a chance
We drilled in the right place - we were simply 30 million years too late
Courage, determination, and hard work are all very nice, but not so nice as an oil well in the back yard.
There is no free market for oil.
Having yet another vote on refinery legislation that uses high oil prices as an excuse to weaken environmental protections and to give more legislative gifts to the oil industry is misguided in the extreme.
It was very interesting to me that when Louisiana was destroyed in that flood the fundamentalists were very quick to say, it's the punishment of God on a sinful city. Now that the oil industry has been so hard hit in Galveston, are they up on their pulpits saying, God is punishing the oil industry? No, no, no!
Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!
The oil industry is hardly free to operate as efficiently as it could or to be as responsive to consumer demands as it would like. It has become, in essence, a quasi-state-run enterprise, because it cannot drill, transport, refine, and store fuel without receiving government permission, complying with government regulations, and paying taxes at every level or production.
Unfortunately, very few people in America know the real name of Hurricane Katrina because the coal and oil industries have spent millions of dollars to keep the public in doubt about the issue.
The oil industry has outpaced the building of a public consensus of the implications of climate science.
I think it's time to send a clear message to what has become the most profitable sector in the entire economy [the oil industry], that they are being watched.
In sectors like energy, I haven't been arguing for more spending per se; I've been arguing that it doesn't make sense for us to spend $4 billion subsidizing an oil industry that's mature and very profitable. We should be using that money to finance clean energy of the future.
I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that.
Part of what the food industry does with public relations, just like the chemical industry or the oil industry, is to try to erase their fingerprints from their messaging.
In my humble opinion, we should now have reached peak oil. So it is high time to close this critical chapter in the history of international oil industry and bid the mighty peak farewell.
If I were investing in oil and gas stocks, there is one question I would ask CEO's: What portion of your capital is going to have to go in to stay even
At 1970 rates of production, Canada's reserves represent 923 years supply for oil and 392 years for gas
Much like tobacco companies want to keep smokers dependent on their deadly product, the oil industry wants to keep California dependent on oil – an expensive, dirty and limited resource that damages health.
One lesson I got from Gandhi, 'Be the change you want to see,' haunts me. I just feel like I can't keep stomping around pointing the finger at BP when I am supporting the oil industry with my very own dollars and actions by buying their products, helping to pay their mortgage - plastic is from oil... polyester, shower curtains.
The meek shall inherit the Earth, but not its mineral rights.
I've voted in some cases to remove and reduce tax breaks for the oil industry in other cases I've voted not to because I felt that the proposals covered too much.
A key impact of recent events was a very persistent, if not permanent shock in the oil supply. This was caused as the oil industry hit geological boundaries, which meant that it could no longer maintain the historic growth rates in petroleum extraction.
The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.
Don't blame the marketing department. The buck stops with the chief executive.
The use of solar energy has not been opened up because the oil industry does not own the sun.
The oil industry is a stunning example of how science, technology, and mass production can divert an entire group of companies from their main task. ... No oil company gets as excited about the customers in its own backyard as about the oil in the Sahara Desert. ... But the truth is, it seems to me, that the industry begins with the needs of the customer for its products. From that primal position its definition moves steadily back stream to areas of progressively lesser importance until it finally comes to rest at the search for oil.
Cars aren't merely modes of transit or material possessions to Texans; they are something of a state treasure. We share a special, almost religious attachment to the automobile, rooted, I suppose, in our mythological relationship to the horse, our economic underpinnings in the oil industry, and the inescapable fact that to get anywhere in this state, you have to cover a lot of ground.
The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.
The majority of America's colossal fortunes have been made by entering industries in their early stages and developing leadership in them.... Think of what opportunities the present and the future contain in such fields as ship-building and ship-owning, aircraft, electrical development, the oil industry, different branches of the automotive industry, foreign trade, international banking, invention, the chemical industry, moving pictures, color photography, and, one night add, labor leadership.
The Los Angeles Air Pollution Control Board is established in 1946 in an effort to discover the cause of the brown cloud hanging over the city and decide how to combat and disperse it. In 1949, after intense lobbying from both the automobile and oil industries, and against the recommendations and position of the Los Angeles Air Pollution Control Board, the public rail system, which at one time was the largest in the world, and still serves a majority of the city's population, is decommissioned and torn out. It is replaced by a small fleet of buses.
Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.
We thank those Senators, both Republican and Democrat, who stood firm against tremendous pressure from the Bush administration, pro-drilling members of Congress and their allies in the oil industry. They recognize that the budget is an inappropriate place to decide controversial national policy matters like America's energy policy. We urge all members of Congress to remain steadfast in their belief that the vast, unspoiled wilderness of America?s Arctic National Wildlife Refuge is more than a line item in the Federal Budget.
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.
Gold is where you find it, according to an old adage, but judging from the record of our experience, oil must be sought first of all in our minds.
Be the change you want to see.
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