The Islamic State is able to raise finances through taxation, through theft of banks, and certainly through oil sales from the Omar oilfields in eastern Syria. So right now the question of funding isn't of the essence.
We're not in the middle east to bring sweetness and light to the whole world. That's nonsense. We're in the middle east because we and our European friends and our European non-friends depend on something that comes from the middle east, namely oil.
The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.
Faust was this mythical figure who sold his soul to the devil for unlimited power. The Japanese have made that Faustian bargain because they don't have coal, oil or hydro power.
Flesh was the reason why oil painting was invented
I flew a full string of 35 combat missions over some of the most heavily defended targets in Europe. We were hitting Hitler's oil refineries, his tank factories, his aircraft factories, his railway yards. Those were our prime targets.
The new discovery of a 3. 3 billion barrel oil deposit off Norway's coast cements that nation's claim to being Europe's second largest oil producer.
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.
and when he moved it was like watching oil spread across a lake, smooth and fluid, almost vicious
The Middle East, with two-thirds of the world's oil and lowest cost, is still where the prize ultimately lies.
The KXL pipeline would make it easy and cost effective for oil producers in Canada to transport oil to the Gulf of Mexico where it could be shipped to customers - not just in the United States - but around the world.
You take your car in for checkups more than you take your body in for checkups. And you change the oil in your car more than you change some of your habits, and some of the things you're putting into your body. So, for heaven's sake, take better care of your body.
The scarce water of Dune is an exact analog of oil scarcity. CHOAM is OPEC.
John D. Rockefeller wanted to dominate oil, but Microsoft wants it all, you name it: cable, media, banking, car dealerships.
You can't stop the aging process. There's only so much oil you can put on your body. I've always just tried to go with my age.
The economy has settled into a sustainable, self-reinforcing growth path,. . All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.
Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption.
State companies winning deals because of government-to- government interaction has become a rule rather than an exception. This will increase competition for multinational companies in acquiring oil and gas assets.
My objective is and has been for years to make the lightest and most compact flying machine that would carry me at 25 or 30 miles per hour for 10 minutes or a quarter of an hour. Current events show this is not at all an ambitious project. Want of an elementary knowledge of oil machines baulks me and causes much misdirected effort. I doubt my ability to acquire that knowledge, and feel like a fireman trying to hew out a donkey pump.
It's not an if - we're going to have to change. Oil is simply going to be gone.
