Petroleum Production Quotes

Making new petroleum should be as simple and straightforward as brewing beer.

The United States' gasoline industry, as Hurricanes Katrina and Rita demonstrated, is remarkably fragile. And the process of how oil is pumped from the ground, turned into gasoline and distributed to consumers is complicated.

The best business in the world is a well run oil company. The second best business in the world is a badly run oil company.

The problem ... is that we have run out of dinosaurs to form oil with. Scientists working for the Department of Energy have tried to form oil using other animals; they've piled thousands of tons of sand and Middle Eastern countries on top of cows, raccoons, haddock, laboratory rats, etc., but so far all they have managed to do is run up an enormous bulldozer-rental bill and anger a lot of Middle Eastern persons. None of the animals turned into oil, although most of the laboratory rats developed cancer.

I'm a professional geologist, an explorationist for oil. That's what I've done in my career, one that's culminated in - at least to this point - playing a part in finding the largest field in the last 40 years anywhere in the world. That's the Bakken field, which I believe will yield 24 billion barrels of oil in the decades to come, maybe more.

The Middle East with two thirds of the world's oil and lowest cost, is still where the prize ultimately lies.

We access virtually every producing basin, whether for natural gas or crude oil, in the U.S. and Canada.

There'll be no oiling up with this band. The oil has been there for years and it only gets better.

As secretary of state, Hillary Clinton was an active promoter of increased resource extraction in Latin America, pushing both fracking and the privatization of petroleum production.