petroleum reserves Quotes

Important reserves of natural resources, like petroleum and precious metals, are the bulwarks for laying the foundations for the future.

Nobody gets beyond a petroleum economy. Not while there's petroleum there.

The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.

If America leads a blessed life, then why did God put all of our oil under people who hate us?

Petroleum is the product of a distillation from great depth and issues from the primitive rocks beneath which the forces of all volcanic action lie.

Some people find oil. Others don't.

The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it is thought that there are at least 5 trillion barrels of petroleum resources, of which 1.4 trillion is sufficiently developed and technically and economically accessible.

We still have billions of barrels in Alaska that sit untapped. There are abundant reserves offshore in the lower 48.

I've said it before and I'll say it again. The U.S. Geological Survey has told me that the proven potential for oil in Alaska alone is greater than the proven reserves in Saudi Arabia.

When you're talking about Iraq and oil, you're talking about a mess, no matter who's in charge.