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Built Quote by Thomas Sowell

“In the United States, liberals have made it virtually impossible [to increase the supply of oil] by banning drilling in all sorts of places and preventing any new refinery from being built anywhere in the country in the last 30 years.” quote by Thomas Sowell
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“In the United States, liberals have made it virtually impossible [to increase the supply of oil] by banning drilling in all sorts of places and preventing any new refinery from being built anywhere in the country in the last 30 years.”

Thomas Sowell

About This Quote

Source Book: Basic Economics, 2000

Regulatory restrictions can severely limit oil supply growth, affecting markets.

In simple terms: Regulations curb oil supply.

Key Takeaway

Consider policy impacts on resources.

Themes

energy policy economics

Mood

analytical critical

Type

economic political

When to use this quote

  • energy planning
  • investment decisions
  • environmental debates

Key Concepts

market dynamics government intervention

Questions to Reflect On

  • What are the trade‑offs of drilling bans?
  • How can energy needs be met sustainably?
A Different Perspective

Policy may also protect ecosystems.

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