--- title: "19 World Oil Quotes by 17 authors" description: "Browse 19 World Oil quotes by 17 authors. Discover the best World Oil sayings and thoughts." image: "https://sms4smile.com/quotes/i/6d1/dick-cheney-1810_cost_the-middle-east-with-two-thirds-of-the-w_736644.jpg" --- > [The Middle East with two thirds of the world's oil and lowest cost, is still where the prize ultimately lies.](https://sms4smile.com/quotes/dick-cheney/the-middle-east-with-two-thirds-of-the-world-s-oil-and-lowest-cost-is/) [Dick Cheney](https://sms4smile.com/quotes/author/dick-cheney/) [Image](https://sms4smile.com/quotes/i/6d1/dick-cheney-1810_cost_the-middle-east-with-two-thirds-of-the-w_736644.jpg) > [The rise in world oil prices has been larger than anyone forecast.](https://sms4smile.com/quotes/george-osborne/the-rise-in-world-oil-prices-has-been-larger-than-anyone-forecast/) [George Osborne](https://sms4smile.com/quotes/author/george-osborne/) [Image](https://sms4smile.com/quotes/i/43d/george-osborne-3998_climate_the-rise-in-world-oil-prices-has-been-la_326714.png) > [We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.](https://sms4smile.com/quotes/barack-obama/we-consume-about-25-percent-of-the-world-s-oil-we-only-have-2-percent/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Image](https://sms4smile.com/quotes/i/304/barack-obama-17_climate_we-consume-about-25-percent-of-the-world_2922573.jpg) > [We don't have all the time in the world with oil. We have to use oil while it makes sense to do…](https://sms4smile.com/quotes/yemi-osinbajo/we-don-t-have-all-the-time-in-the-world-with-oil-we-have-to-use-oil/) [Yemi Osinbajo](https://sms4smile.com/quotes/author/yemi-osinbajo/) [Image](https://sms4smile.com/quotes/i/044/yemi-osinbajo-11675_oil_we-don-t-have-all-the-time-in-the-world_1250900.jpg) > [Something about this boat screamed, "I am a very popular model in the world's oil-bearing regions. I cost more than your soul!](https://sms4smile.com/quotes/maureen-johnson/something-about-this-boat-screamed-i-am-a-very-popular-model-in-the/) [Maureen Johnson](https://sms4smile.com/quotes/author/maureen-johnson/) [Image](https://sms4smile.com/quotes/i/8f5/maureen-johnson-1282_boat_something-about-this-boat-screamed-i-am_2964875.png) > [In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system that's…](https://sms4smile.com/quotes/bill-gates/in-energy-you-have-to-plan-and-do-research-way-in-advance-sometimes/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) [Image](https://sms4smile.com/quotes/i/6bb/bill-gates-137_around-the-world_in-energy-you-have-to-plan-and-do-resear_1537743.jpg) > [We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been…](https://sms4smile.com/quotes/jay-inslee/we-consume-about-25-percent-of-the-world-s-oil-every-year-but-we-only/) [Jay Inslee](https://sms4smile.com/quotes/author/jay-inslee/) [Image](https://sms4smile.com/quotes/i/bc8/jay-inslee-8528_about_we-consume-about-25-percent-of-the-world_1205757.png) > [Here's what peak oil is - it's not running out. It's that you no longer can produce more, and more, and more,…](https://sms4smile.com/quotes/christopher-martenson/here-s-what-peak-oil-is-it-s-not-running-out-it-s-that-you-no-longer/) [Christopher Martenson](https://sms4smile.com/quotes/author/christopher-martenson/) [Image](https://sms4smile.com/quotes/i/04c/christopher-martenson-59904_climate_here-s-what-peak-oil-is-it-s-not-running_1982486.jpg) > [With only 2 percent of the world's oil reserves, oil isn't enough. This country needs an all-out, all-of-the-above strategy that develops every…](https://sms4smile.com/quotes/barack-obama/with-only-2-percent-of-the-world-s-oil-reserves-oil-isn-t-enough-this/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Image](https://sms4smile.com/quotes/i/feb/barack-obama-17_available_with-only-2-percent-of-the-world-s-oil-r_1373655.jpg) > [“the New World had become the oil granary for the Old; altogether, the United States was to satisfy 80 percent of the…](https://sms4smile.com/quotes/daniel-yergin/the-new-world-had-become-the-oil-granary-for-the-old-altogether-the/) [Daniel Yergin](https://sms4smile.com/quotes/author/daniel-yergin/) [Image](https://sms4smile.com/quotes/i/1ae/daniel-yergin-15406_quote_the-new-world-had-become-the-oil-granary_1490953.jpg) > [Peter Tertzakian's analysis of world oil is a fascinating reminder that history often foretells the major turning points of the future.](https://sms4smile.com/quotes/gwyn-morgan/peter-tertzakian-s-analysis-of-world-oil-is-a-fascinating-reminder/) [Gwyn Morgan](https://sms4smile.com/quotes/author/gwyn-morgan/) [Image](https://sms4smile.com/quotes/i/cc2/gwyn-morgan-88421_analysis_peter-tertzakian-s-analysis-of-world-oil_3211133.jpg) > [I think the business community knows that half the world's oil reserves are gone. All the low-hanging fruit has been picked, and…](https://sms4smile.com/quotes/randall-robinson/i-think-the-business-community-knows-that-half-the-world-s-oil/) [Randall Robinson](https://sms4smile.com/quotes/author/randall-robinson/) [Image](https://sms4smile.com/quotes/i/2c2/randall-robinson-16024_business_i-think-the-business-community-knows-tha_2005204.png) > [“Rosemarie Forsythe’s slides for the Management Committee implied that more and more of the world’s oil happened to be located in unstable…](https://sms4smile.com/quotes/steve-coll/rosemarie-forsythe-s-slides-for-the-management-committee-implied-that/) [Steve Coll](https://sms4smile.com/quotes/author/steve-coll/) [Image](https://sms4smile.com/quotes/i/0a1/steve-coll-58011_academic-research_rosemarie-forsythe-s-slides-for-the-mana_872042.jpg) > [If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose…](https://sms4smile.com/quotes/steve-hanke/if-you-squeeze-and-squeeze-and-you-don-t-allow-the-iranians-to-sell/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) [Image](https://sms4smile.com/quotes/i/fe3/steve-hanke-18876_gas_if-you-squeeze-and-squeeze-and-you-don-t_3228976.jpg) > [An oil crisis looms, prices are spiking - and our president is extolling algae. After Solyndra, Keystone and promises of seaweed in…](https://sms4smile.com/quotes/charles-krauthammer/an-oil-crisis-looms-prices-are-spiking-and-our-president-is-extolling/) [Charles Krauthammer](https://sms4smile.com/quotes/author/charles-krauthammer/) [Image](https://sms4smile.com/quotes/i/a3d/charles-krauthammer-1232_abundance_an-oil-crisis-looms-prices-are-spiking-a_2175663.jpg) > [Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25…](https://sms4smile.com/quotes/matthew-simmons/saudi-arabian-oil-production-is-at-or-very-near-its-peak-sustainable/) [Matthew Simmons](https://sms4smile.com/quotes/author/matthew-simmons/) [Image](https://sms4smile.com/quotes/i/e37/matthew-simmons-83098_arabia_saudi-arabian-oil-production-is-at-or-ve_343081.jpg) > [We're supposed to believe that oil had nothing to do with it, that if Iraq were exporting pickles or jelly and the…](https://sms4smile.com/quotes/noam-chomsky/we-re-supposed-to-believe-that-oil-had-nothing-to-do-with-it-that-if/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) [Image](https://sms4smile.com/quotes/i/da3/noam-chomsky-42_being-true_we-re-supposed-to-believe-that-oil-had-n_2172740.jpg) > [Oil remains fundamentally a government business. While many regions of the world offer great oil opportunities, the Middle East with two-thirds of…](https://sms4smile.com/quotes/dick-cheney/oil-remains-fundamentally-a-government-business-while-many-regions-of/) [Dick Cheney](https://sms4smile.com/quotes/author/dick-cheney/) [Image](https://sms4smile.com/quotes/i/bf1/dick-cheney-1810_access_oil-remains-fundamentally-a-government-b_598726.jpg) > [Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if…](https://sms4smile.com/quotes/saddam-hussein/controlled-middle-east-oil-it-would-control-the-world-this-oil/) [Saddam Hussein](https://sms4smile.com/quotes/author/saddam-hussein/) [Image](https://sms4smile.com/quotes/i/767/saddam-hussein-8524_america_controlled-middle-east-oil-it-would-cont_655377.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/world-oil/#itemlist", "name": "World Oil Quotes", "numberOfItems": 19, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The Middle East with two thirds of the world's oil and lowest cost, is still where the prize ultimately lies.", "creator": { "@type": "Person", "name": "Dick Cheney" }, "url": "https://sms4smile.com/quotes/dick-cheney/the-middle-east-with-two-thirds-of-the-world-s-oil-and-lowest-cost-is/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6d1/dick-cheney-1810_cost_the-middle-east-with-two-thirds-of-the-w_736644.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6d1/dick-cheney-1810_cost_the-middle-east-with-two-thirds-of-the-w_736644.jpg", "url": "https://sms4smile.com/quotes/i/6d1/dick-cheney-1810_cost_the-middle-east-with-two-thirds-of-the-w_736644.jpg", "width": 1080, "height": 1080, "caption": "“The Middle East with two thirds of the world's oil and lowest cost, is still where the prize ultimately lies.” — Dick Cheney", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "The rise in world oil prices has been larger than anyone forecast.", "creator": { "@type": "Person", "name": "George Osborne" }, "url": "https://sms4smile.com/quotes/george-osborne/the-rise-in-world-oil-prices-has-been-larger-than-anyone-forecast/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/43d/george-osborne-3998_climate_the-rise-in-world-oil-prices-has-been-la_326714.png", "contentUrl": "https://sms4smile.com/quotes/i/43d/george-osborne-3998_climate_the-rise-in-world-oil-prices-has-been-la_326714.png", "url": "https://sms4smile.com/quotes/i/43d/george-osborne-3998_climate_the-rise-in-world-oil-prices-has-been-la_326714.png", "width": 1080, "height": 1080, "caption": "“The rise in world oil prices has been larger than anyone forecast.” — George Osborne", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.", "creator": { "@type": "Person", "name": "Barack Obama" }, "url": "https://sms4smile.com/quotes/barack-obama/we-consume-about-25-percent-of-the-world-s-oil-we-only-have-2-percent/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/304/barack-obama-17_climate_we-consume-about-25-percent-of-the-world_2922573.jpg", "contentUrl": "https://sms4smile.com/quotes/i/304/barack-obama-17_climate_we-consume-about-25-percent-of-the-world_2922573.jpg", "url": "https://sms4smile.com/quotes/i/304/barack-obama-17_climate_we-consume-about-25-percent-of-the-world_2922573.jpg", "width": 1080, "height": 1080, "caption": "“We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.” — Barack Obama", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "We don't have all the time in the world with oil. We have to use oil while it makes sense to do so.", "creator": { "@type": "Person", "name": "Yemi Osinbajo" }, "url": "https://sms4smile.com/quotes/yemi-osinbajo/we-don-t-have-all-the-time-in-the-world-with-oil-we-have-to-use-oil/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/044/yemi-osinbajo-11675_oil_we-don-t-have-all-the-time-in-the-world_1250900.jpg", "contentUrl": "https://sms4smile.com/quotes/i/044/yemi-osinbajo-11675_oil_we-don-t-have-all-the-time-in-the-world_1250900.jpg", "url": "https://sms4smile.com/quotes/i/044/yemi-osinbajo-11675_oil_we-don-t-have-all-the-time-in-the-world_1250900.jpg", "width": 1080, "height": 1080, "caption": "“We don't have all the time in the world with oil. We have to use oil while it makes sense to do so.” — Yemi Osinbajo", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "Something about this boat screamed, \"I am a very popular model in the world's oil-bearing regions. I cost more than your soul!", "creator": { "@type": "Person", "name": "Maureen Johnson" }, "url": "https://sms4smile.com/quotes/maureen-johnson/something-about-this-boat-screamed-i-am-a-very-popular-model-in-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8f5/maureen-johnson-1282_boat_something-about-this-boat-screamed-i-am_2964875.png", "contentUrl": "https://sms4smile.com/quotes/i/8f5/maureen-johnson-1282_boat_something-about-this-boat-screamed-i-am_2964875.png", "url": "https://sms4smile.com/quotes/i/8f5/maureen-johnson-1282_boat_something-about-this-boat-screamed-i-am_2964875.png", "width": 1080, "height": 1080, "caption": "“Something about this boat screamed, \"I am a very popular model in the world's oil-bearing regions. I cost…” — Maureen Johnson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system that's safer, doesn't require us to go around the world to get all our oil.", "creator": { "@type": "Person", "name": "Bill Gates" }, "url": "https://sms4smile.com/quotes/bill-gates/in-energy-you-have-to-plan-and-do-research-way-in-advance-sometimes/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6bb/bill-gates-137_around-the-world_in-energy-you-have-to-plan-and-do-resear_1537743.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6bb/bill-gates-137_around-the-world_in-energy-you-have-to-plan-and-do-resear_1537743.jpg", "url": "https://sms4smile.com/quotes/i/6bb/bill-gates-137_around-the-world_in-energy-you-have-to-plan-and-do-resear_1537743.jpg", "width": 1080, "height": 1080, "caption": "“In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system…” — Bill Gates", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world.", "creator": { "@type": "Person", "name": "Jay Inslee" }, "url": "https://sms4smile.com/quotes/jay-inslee/we-consume-about-25-percent-of-the-world-s-oil-every-year-but-we-only/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bc8/jay-inslee-8528_about_we-consume-about-25-percent-of-the-world_1205757.png", "contentUrl": "https://sms4smile.com/quotes/i/bc8/jay-inslee-8528_about_we-consume-about-25-percent-of-the-world_1205757.png", "url": "https://sms4smile.com/quotes/i/bc8/jay-inslee-8528_about_we-consume-about-25-percent-of-the-world_1205757.png", "width": 1080, "height": 1080, "caption": "“We consume about 25 percent of the world's oil every year, but we only have reserves, including that which…” — Jay Inslee", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "Here's what peak oil is - it's not running out. It's that you no longer can produce more, and more, and more, year after year. World oil production has been going up about 1.8-2 percent per annum for decades. And that's what the world economy got attuned to.", "creator": { "@type": "Person", "name": "Christopher Martenson" }, "url": "https://sms4smile.com/quotes/christopher-martenson/here-s-what-peak-oil-is-it-s-not-running-out-it-s-that-you-no-longer/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/04c/christopher-martenson-59904_climate_here-s-what-peak-oil-is-it-s-not-running_1982486.jpg", "contentUrl": "https://sms4smile.com/quotes/i/04c/christopher-martenson-59904_climate_here-s-what-peak-oil-is-it-s-not-running_1982486.jpg", "url": "https://sms4smile.com/quotes/i/04c/christopher-martenson-59904_climate_here-s-what-peak-oil-is-it-s-not-running_1982486.jpg", "width": 1080, "height": 1080, "caption": "“Here's what peak oil is - it's not running out. It's that you no longer can produce more, and more, and…” — Christopher Martenson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "With only 2 percent of the world's oil reserves, oil isn't enough. This country needs an all-out, all-of-the-above strategy that develops every available source of American energy. A strategy that's cleaner, cheaper, and full of new jobs.", "creator": { "@type": "Person", "name": "Barack Obama" }, "url": "https://sms4smile.com/quotes/barack-obama/with-only-2-percent-of-the-world-s-oil-reserves-oil-isn-t-enough-this/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/feb/barack-obama-17_available_with-only-2-percent-of-the-world-s-oil-r_1373655.jpg", "contentUrl": "https://sms4smile.com/quotes/i/feb/barack-obama-17_available_with-only-2-percent-of-the-world-s-oil-r_1373655.jpg", "url": "https://sms4smile.com/quotes/i/feb/barack-obama-17_available_with-only-2-percent-of-the-world-s-oil-r_1373655.jpg", "width": 1080, "height": 1080, "caption": "“With only 2 percent of the world's oil reserves, oil isn't enough. This country needs an all-out…” — Barack Obama", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "“the New World had become the oil granary for the Old; altogether, the United States was to satisfy 80 percent of the Allies’ wartime requirement for petroleum.”", "creator": { "@type": "Person", "name": "Daniel Yergin" }, "url": "https://sms4smile.com/quotes/daniel-yergin/the-new-world-had-become-the-oil-granary-for-the-old-altogether-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1ae/daniel-yergin-15406_quote_the-new-world-had-become-the-oil-granary_1490953.jpg", "contentUrl": "https://sms4smile.com/quotes/i/1ae/daniel-yergin-15406_quote_the-new-world-had-become-the-oil-granary_1490953.jpg", "url": "https://sms4smile.com/quotes/i/1ae/daniel-yergin-15406_quote_the-new-world-had-become-the-oil-granary_1490953.jpg", "width": 1080, "height": 1080, "caption": "“the New World had become the oil granary for the Old; altogether, the United States was to satisfy 80…” — Daniel Yergin", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "Peter Tertzakian's analysis of world oil is a fascinating reminder that history often foretells the major turning points of the future.", "creator": { "@type": "Person", "name": "Gwyn Morgan" }, "url": "https://sms4smile.com/quotes/gwyn-morgan/peter-tertzakian-s-analysis-of-world-oil-is-a-fascinating-reminder/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/cc2/gwyn-morgan-88421_analysis_peter-tertzakian-s-analysis-of-world-oil_3211133.jpg", "contentUrl": "https://sms4smile.com/quotes/i/cc2/gwyn-morgan-88421_analysis_peter-tertzakian-s-analysis-of-world-oil_3211133.jpg", "url": "https://sms4smile.com/quotes/i/cc2/gwyn-morgan-88421_analysis_peter-tertzakian-s-analysis-of-world-oil_3211133.jpg", "width": 1080, "height": 1080, "caption": "“Peter Tertzakian's analysis of world oil is a fascinating reminder that history often foretells the major…” — Gwyn Morgan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "I think the business community knows that half the world's oil reserves are gone. All the low-hanging fruit has been picked, and now there's the scramble for what remains.", "creator": { "@type": "Person", "name": "Randall Robinson" }, "url": "https://sms4smile.com/quotes/randall-robinson/i-think-the-business-community-knows-that-half-the-world-s-oil/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2c2/randall-robinson-16024_business_i-think-the-business-community-knows-tha_2005204.png", "contentUrl": "https://sms4smile.com/quotes/i/2c2/randall-robinson-16024_business_i-think-the-business-community-knows-tha_2005204.png", "url": "https://sms4smile.com/quotes/i/2c2/randall-robinson-16024_business_i-think-the-business-community-knows-tha_2005204.png", "width": 1080, "height": 1080, "caption": "“I think the business community knows that half the world's oil reserves are gone. 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E”", "creator": { "@type": "Person", "name": "Steve Coll" }, "url": "https://sms4smile.com/quotes/steve-coll/rosemarie-forsythe-s-slides-for-the-management-committee-implied-that/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/0a1/steve-coll-58011_academic-research_rosemarie-forsythe-s-slides-for-the-mana_872042.jpg", "contentUrl": "https://sms4smile.com/quotes/i/0a1/steve-coll-58011_academic-research_rosemarie-forsythe-s-slides-for-the-mana_872042.jpg", "url": "https://sms4smile.com/quotes/i/0a1/steve-coll-58011_academic-research_rosemarie-forsythe-s-slides-for-the-mana_872042.jpg", "width": 1080, "height": 1080, "caption": "“Rosemarie Forsythe’s slides for the Management Committee implied that more and more of the world’s oil…” — Steve Coll", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 14, "item": { "@type": "Quotation", "text": "If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose by shutting the Strait of Hormuz down? And if they do that, that's 35% of all the world's oil that comes through the strait and 20% of the liquefied natural gas in the world.", "creator": { "@type": "Person", "name": "Steve Hanke" }, "url": "https://sms4smile.com/quotes/steve-hanke/if-you-squeeze-and-squeeze-and-you-don-t-allow-the-iranians-to-sell/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fe3/steve-hanke-18876_gas_if-you-squeeze-and-squeeze-and-you-don-t_3228976.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fe3/steve-hanke-18876_gas_if-you-squeeze-and-squeeze-and-you-don-t_3228976.jpg", "url": "https://sms4smile.com/quotes/i/fe3/steve-hanke-18876_gas_if-you-squeeze-and-squeeze-and-you-don-t_3228976.jpg", "width": 1080, "height": 1080, "caption": "“If you squeeze and squeeze, and you don't allow the Iranians to sell any oil, then what do they have to lose…” — Steve Hanke", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 15, "item": { "@type": "Quotation", "text": "An oil crisis looms, prices are spiking - and our president is extolling algae. After Solyndra, Keystone and promises of seaweed in their gas tanks, Americans sense a president so ideologically antipathetic to fossil fuels - which we possess in staggering abundance - that he is utterly unserious about the real world of oil in which the rest of us live.", "creator": { "@type": "Person", "name": "Charles Krauthammer" }, "url": "https://sms4smile.com/quotes/charles-krauthammer/an-oil-crisis-looms-prices-are-spiking-and-our-president-is-extolling/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a3d/charles-krauthammer-1232_abundance_an-oil-crisis-looms-prices-are-spiking-a_2175663.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a3d/charles-krauthammer-1232_abundance_an-oil-crisis-looms-prices-are-spiking-a_2175663.jpg", "url": "https://sms4smile.com/quotes/i/a3d/charles-krauthammer-1232_abundance_an-oil-crisis-looms-prices-are-spiking-a_2175663.jpg", "width": 1080, "height": 1080, "caption": "“An oil crisis looms, prices are spiking - and our president is extolling algae. After Solyndra, Keystone and…” — Charles Krauthammer", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 16, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Matthew Simmons" }, "url": "https://sms4smile.com/quotes/matthew-simmons/saudi-arabian-oil-production-is-at-or-very-near-its-peak-sustainable/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e37/matthew-simmons-83098_arabia_saudi-arabian-oil-production-is-at-or-ve_343081.jpg", "contentUrl": "https://sms4smile.com/quotes/i/e37/matthew-simmons-83098_arabia_saudi-arabian-oil-production-is-at-or-ve_343081.jpg", "url": "https://sms4smile.com/quotes/i/e37/matthew-simmons-83098_arabia_saudi-arabian-oil-production-is-at-or-ve_343081.jpg", "width": 1080, "height": 1080, "caption": "“Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak…” — Matthew Simmons", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 17, "item": { "@type": "Quotation", "text": "We're supposed to believe that oil had nothing to do with it, that if Iraq were exporting pickles or jelly and the center of world oil production were in the South Pacific that the United States would've liberated them anyway. It has nothing to do with the oil, what a crass idea. 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While many regions of the world offer great oil opportunities, the Middle East with two-thirds of the world's oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow.", "creator": { "@type": "Person", "name": "Dick Cheney" }, "url": "https://sms4smile.com/quotes/dick-cheney/oil-remains-fundamentally-a-government-business-while-many-regions-of/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bf1/dick-cheney-1810_access_oil-remains-fundamentally-a-government-b_598726.jpg", "contentUrl": "https://sms4smile.com/quotes/i/bf1/dick-cheney-1810_access_oil-remains-fundamentally-a-government-b_598726.jpg", "url": "https://sms4smile.com/quotes/i/bf1/dick-cheney-1810_access_oil-remains-fundamentally-a-government-b_598726.jpg", "width": 1080, "height": 1080, "caption": "“Oil remains fundamentally a government business. While many regions of the world offer great oil…” — Dick Cheney", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 19, "item": { "@type": "Quotation", "text": "Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.", "creator": { "@type": "Person", "name": "Saddam Hussein" }, "url": "https://sms4smile.com/quotes/saddam-hussein/controlled-middle-east-oil-it-would-control-the-world-this-oil/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/767/saddam-hussein-8524_america_controlled-middle-east-oil-it-would-cont_655377.jpg", "contentUrl": "https://sms4smile.com/quotes/i/767/saddam-hussein-8524_america_controlled-middle-east-oil-it-would-cont_655377.jpg", "url": "https://sms4smile.com/quotes/i/767/saddam-hussein-8524_america_controlled-middle-east-oil-it-would-cont_655377.jpg", "width": 1080, "height": 1080, "caption": "“Controlled Middle East oil, it would control the world. 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