Barrels Quote by Hugo Chavez
“The world should forget about cheap oil. The price will keep going up and some day arrive at US$100 per barrel.”
About This Quote
Source Speech: National Energy Policy, Venezuela, 2005
Cheap oil is unsustainable; future scarcity will drive prices high.
In simple terms: Oil will become expensive.
Key Takeaway
Plan for energy independence.
Themes
energy
economics
environment
politics
Mood
urgent
concerned
Type
political
economic
When to use this quote
- government budgeting
- business strategy
- household budgeting
- transport planning
Key Concepts
resource depletion
market volatility
renewables
Questions to Reflect On
- How will you reduce reliance on cheap oil?
- What alternatives can you support?
A Different Perspective
Transition to renewables may be costly and politically challenging.
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![“[Norden] said, with the Mark 15 Norden bombsight, he could drop a bomb into a pickle barrel at 20,000 feet.” quote by Malcolm Gladwell](https://sms4smile.com/quotes/img-quotes/565/malcolm-gladwell-348_barrels_norden-said-with-the-mark-15-norden-bomb_62474.jpg)
