Commodity Quote by Barack Obama

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…

— Christopher Martenson

About 75% of the price of gas is really dictated by crude oil. At the heart of the issue is increasing demand over a…

— John S. Watson

Global crude oil demand is increasing, particularly in places like China.

— Gary Miller

You know, the world’s not running out of oil. There’s all kinds of oil left in all kinds of places. …We’re never going to…

— Jeff Rubin

We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb…

— Rodrigo Rato

... when demand is being destroyed by expensive oil just as expensive oil is incentivising increased production - it should come as no surprise…

— Samuel Alexander

Over the last two decades, America has increased its demand for oil by nearly 30 percent, yet we have not expanded our ability to…

— Tim Murphy

I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The…

— T. Boone Pickens

The world should forget about cheap oil. The price will keep going up and some day arrive at US$100 per barrel.

— Hugo Chavez

In 1973, America imported 30 percent of its crude oil needs. Today, that number has doubled to more than 60 percent. Gas prices are…

— Gary Miller

Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new…

— Kenneth Rogoff

The global supply of oil is going to decline because we've used up a good deal of the easy-to-get oil. We're going to reach…

— Michael Klare