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  • Oil Quotes   53
  • The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally, essentially would be the death knell to the US Dollar as the reserve currency. It means the US can't borrow with 'exorbitant privilege' anymore, and it means the US Treasury market is set for an out-of-control interest rate spiral.
  • 5 years ago



    Tags : Addison Wiggin Quotes , Mean Quotes , Oil Quotes
  • We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance-algae... We could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in the United States.
  • 5 years ago



    Tags : Barack Obama Quotes , Oil Quotes , America Quotes
  • We've subsidized oil companies for a century. That's long enough. It's time to end the taxpayer giveaways to an industry that rarely has been more profitable, and double-down on a clean energy industry that never has been more promising. Pass clean energy tax credits. Create these jobs.
  • 5 years ago



    Tags : Barack Obama Quotes , Jobs Quotes , Oil Quotes
  • 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.
  • 5 years ago



    Tags : Barack Obama Quotes , Oil Quotes , Politics Quotes