Energy Market Quotes

Of course we don't want the price of gasoline to go up, we want it to go down.

The anti-American policy is the one that keeps oil prices up. The way to do that is to help OPEC limit the amount of liquid fuel available.

The government is shutting down the coal industry, they say it's cheaper to draw nuclear power off the French grid and cheaper to buy coal from Colombia.

Republicans like to accuse Democrats of trying to 'pick winners and losers.' They say we should run government 'like a business' and let 'the market' decide important matters. When it comes to the declining fortunes of dirty fuels like coal, however, they quickly they abandon these principles.

In the near future, despite the development of alternative energy, when you look at the economics and environmental standards, then there's no other source of primary energy in the world than natural gas. Well, perhaps there is nuclear energy but there are also a lot of issues there and there are opponents of nuclear energy. Gas doesn't have those opponents. But there is a country that is, obviously, the world leader in gas reserves. That's our country, the Russian Federation.

That's the part where the governments have a unique role, and then when it progresses well enough, then existing companies or new startup companies should take it. In the $3 trillion a year energy market, the rewards will be quite fantastic.

Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil. So the banks have aggressively been buying oil on their balance sheets. I think they might see this as a way to bail themselves out of this mortgage crisis.

Energy is the ultimate convertable currency.

Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables.

There is enough oil out there for world demand. It is true that a lot of what's driving oil prices up right now is not the lack of supply. There's enough supply.

Energy is actually harder; it takes more time to get a product, but if you do it's a very, very big market and the constraints of doing that in a clean way are more obvious all the time.

I esteem it my duty to use every endeavor to prevent this growing monopoly [electric power], the most threatening which has ever appeared, from being fastened upon the people of this nation.

A Saudi Arabian prince has said that oil may never again rise above $100 a barrel. He said it's gotten so bad he can't afford to buy his wife her own car that she's not allowed to drive.

Experts say that if we go to war with Iraq, oil could reach as much as $80 a barrel. Of course, after the war it will be free.

The market does not work in energy...Carbon has to have a value. Today in the U.S. and China it has no value

In general, Gazprom is doing well and is increasing export in its traditional partner countries.

Investing in more fossil fuel infrastructure will not strengthen our economy over the long-term, since the market is clearly indicating that clean energy sources are the future.

Our single greatest challenge is the ability to move power to markets outside North Dakota.

Clearly, there is a growing market for affordable, abundant and sustainable energy. Industry is working to meet the needs of this market, and in the process is creating jobs, technologies and industries in states across the country.

The use of solar energy has not been opened up because the oil industry does not own the sun

Fifty-dollar oil is just another stop on the road to much higher crude prices.

The market we're going after is the clean-energy market.

The doubling of oil prices ... is creating a more difficult environment in which to act.

I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.

I saw a report yesterday. There's so much oil, all over the world, they don't know where to dump it. And Saudi Arabia says, 'Oh, there's too much oil.' They - they came back yesterday. Did you see the report? They want to reduce oil production. Do you think they're our friends? They're not our friends.