--- title: "Meaning & Key Takeaway of: If I said that oil production would…" description: "\"If I said that oil production would collapse I was wrong.\" — Vladimir Putin" image: "https://sms4smile.com/quotes/i/6ce/vladimir-putin-261_collapse_if-i-said-that-oil-production-would-coll_1179958.jpg" --- # If I said that oil production would collapse I was wrong. ![“If I said that oil production would collapse I was wrong.” quote by Vladimir Putin](https://sms4smile.com/quotes/i/6ce/vladimir-putin-261_collapse_if-i-said-that-oil-production-would-coll_1179958.jpg) [Download](https://sms4smile.com/quotes/i/6ce/vladimir-putin-261_collapse_if-i-said-that-oil-production-would-coll_1179958.jpg) [Open image](https://sms4smile.com/quotes/i/6ce/vladimir-putin-261_collapse_if-i-said-that-oil-production-would-coll_1179958.jpg) > “If I said that oil production would collapse I was wrong.” [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Predicting oil decline was inaccurate; market dynamics are complex and resilient. **In simple terms:** Oil predictions can be wrong. Key Takeaway Check data before forecasting. Themes energy economics prediction Mood cautious analytical Type political economic When to use this quote - investment decisions - policy planning - energy sector analysis Key Concepts market volatility resource management Questions to Reflect On - How can we improve forecasting accuracy? - What data sources are most reliable? A Different Perspective Overreliance on single forecasts can mislead stakeholders. ★ ★ ★ ★ ★ No ratings yet [Climate](https://sms4smile.com/quotes/about/climate/) [Collapse](https://sms4smile.com/quotes/about/collapse/) [Collapse Wrong](https://sms4smile.com/quotes/about/collapse-wrong-3457146/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Oil](https://sms4smile.com/quotes/about/oil/) [Oil production](https://sms4smile.com/quotes/about/oil-production/) [Production Collapse](https://sms4smile.com/quotes/about/production-collapse-3457145/) [Productions](https://sms4smile.com/quotes/about/productions/) [Said](https://sms4smile.com/quotes/about/said/) [Said Oil](https://sms4smile.com/quotes/about/said-oil-718049/) ## Related quotes > [ I do not remember when I said this \[oil production would collapse \], maybe in the heat of the moment, but I do not… ](https://sms4smile.com/quotes/vladimir-putin/i-do-not-remember-when-i-said-this-oil-production-would-collapse/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Oil production, energy production are growing, though the latter has gone down by about 1 percent here, I believe... By the way, we occupy…](https://sms4smile.com/quotes/vladimir-putin/oil-production-energy-production-are-growing-though-the-latter-has/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago),…](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/) > [You can drill in the Arctic National Wildlife Refuge, on every continental shelf and atop every hill in America for that matter, and you…](https://sms4smile.com/quotes/roscoe-bartlett/you-can-drill-in-the-arctic-national-wildlife-refuge-on-every/) [Roscoe Bartlett](https://sms4smile.com/quotes/author/roscoe-bartlett/) > [However, it was not us who refused to freeze oil production; our Saudi partners changed their point of view at the last moment and…](https://sms4smile.com/quotes/vladimir-putin/however-it-was-not-us-who-refused-to-freeze-oil-production-our-saudi/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [ I believe that in fact it would be economically reasonable and logical to reach a compromise \[on oil production\], I am sure that everybody… ](https://sms4smile.com/quotes/vladimir-putin/i-believe-that-in-fact-it-would-be-economically-reasonable-and/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [A Saudi Arabian prince has said that oil may never again rise above $100 a barrel. He said it's gotten so bad he can't…](https://sms4smile.com/quotes/conan-o-brien/a-saudi-arabian-prince-has-said-that-oil-may-never-again-rise-above/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) > [I always say, keep the oil. I said don't go in, but I said keep the oil.](https://sms4smile.com/quotes/donald-trump/i-always-say-keep-the-oil-i-said-don-t-go-in-but-i-said-keep-the-oil/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In the Soviet Union I was the head of all oil production. And you know in the Soviet Union, you didn't get that job…](https://sms4smile.com/quotes/vagit-alekperov/in-the-soviet-union-i-was-the-head-of-all-oil-production-and-you-know/) [Vagit Alekperov](https://sms4smile.com/quotes/author/vagit-alekperov/) > [“Agricultural oil production is, and always has been, about industry. It was never about health.”](https://sms4smile.com/quotes/liz-wolfe-ntp/agricultural-oil-production-is-and-always-has-been-about-industry-it/) [Liz Wolfe NTP](https://sms4smile.com/quotes/author/liz-wolfe-ntp/) > [Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing…](https://sms4smile.com/quotes/john-hoeven/since-2006-we-have-surpassed-alaska-oklahoma-louisiana-and-california/) [John Hoeven](https://sms4smile.com/quotes/author/john-hoeven/) > [Deforestation for palm-oil production also contributes significantly to climate change. The removal of the native forests often involves the burning of timber and remaining…](https://sms4smile.com/quotes/katie-cleary/deforestation-for-palm-oil-production-also-contributes-significantly/) [Katie Cleary](https://sms4smile.com/quotes/author/katie-cleary/) > [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…](https://sms4smile.com/quotes/t-boone-pickens/i-do-believe-that-oil-production-globally-has-peaked-at-85-million/) [T. Boone Pickens](https://sms4smile.com/quotes/author/t-boone-pickens/) > [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…](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/) > [Oil production should peak out around the world in the early 1990s...That means in five years' time we may have chewed up most of…](https://sms4smile.com/quotes/james-r-schlesinger/oil-production-should-peak-out-around-the-world-in-the-early-1990s/) [James R. Schlesinger](https://sms4smile.com/quotes/author/james-r-schlesinger/) ## More by Vladimir Putin > [We shall fight against them, throw them in prisons and destroy them.](https://sms4smile.com/quotes/vladimir-putin/we-shall-fight-against-them-throw-them-in-prisons-and-destroy-them/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [ Their \[the U.S.’s\] defense budget in absolute figures is almost 25 times bigger than Russia’s. This is what in defense is referred to as… ](https://sms4smile.com/quotes/vladimir-putin/their-the-u-s-s-defense-budget-in-absolute-figures-is-almost-25-times/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Personally, I think that children should be left alone, they should be given an opportunity to grow up, to become aware of themselves and…](https://sms4smile.com/quotes/vladimir-putin/personally-i-think-that-children-should-be-left-alone-they-should-be/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Yes, life in Chechnya so far looks more like a life after a natural disaster.](https://sms4smile.com/quotes/vladimir-putin/yes-life-in-chechnya-so-far-looks-more-like-a-life-after-a-natural/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [I'd rather not deal with such questions, because anyway it's like shearing a pig - lots of screams but little wool.](https://sms4smile.com/quotes/vladimir-putin/i-d-rather-not-deal-with-such-questions-because-anyway-it-s-like/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Not everyone likes the stable, gradual rise of our country. There are some who are using the democratic ideology to interfere in our internal…](https://sms4smile.com/quotes/vladimir-putin/not-everyone-likes-the-stable-gradual-rise-of-our-country-there-are/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Europeans are really dying out!](https://sms4smile.com/quotes/vladimir-putin/europeans-are-really-dying-out/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [We see Serbs as our spiritual brothers. And that is what is at the base of our relations today and in the future.](https://sms4smile.com/quotes/vladimir-putin/we-see-serbs-as-our-spiritual-brothers-and-that-is-what-is-at-the/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [ They \[leaders in Western Europe\] do not misuse financial instruments, financial injections, but, first of all, seek structural change. This is urgent for our… ](https://sms4smile.com/quotes/vladimir-putin/they-leaders-in-western-europe-do-not-misuse-financial-instruments/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Terrorism has once again shown it is prepared deliberately to stop at nothing in creating human victims. An end must be put to this.…](https://sms4smile.com/quotes/vladimir-putin/terrorism-has-once-again-shown-it-is-prepared-deliberately-to-stop-at/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Contractors always pursue large profit, the customer - a high-quality end product in due time and at a lower cost. This struggle never ends,…](https://sms4smile.com/quotes/vladimir-putin/contractors-always-pursue-large-profit-the-customer-a-high-quality/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [I would like to draw your attention to the fact that in Russia, unlike in one third of the world's countries, being gay is…](https://sms4smile.com/quotes/vladimir-putin/i-would-like-to-draw-your-attention-to-the-fact-that-in-russia-unlike/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [The sanctions may be imposed only by the decision of the UN Security Council. A unilateral imposition of sanctions is a violation of international…](https://sms4smile.com/quotes/vladimir-putin/the-sanctions-may-be-imposed-only-by-the-decision-of-the-un-security/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Whoever does not miss the Soviet Union has no heart. Whoever wants it back has no brain.](https://sms4smile.com/quotes/vladimir-putin/whoever-does-not-miss-the-soviet-union-has-no-heart-whoever-wants-it/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [Anyhow, we obviously understand that, being a United States' ally and having a special relationship with it, the UK in its relations with Russian…](https://sms4smile.com/quotes/vladimir-putin/anyhow-we-obviously-understand-that-being-a-united-states-ally-and/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) [Explore all 793 Vladimir Putin quotes ](https://sms4smile.com/quotes/author/vladimir-putin/) ## More Climate quotes > [Irish research will contribute to global progress and have the potential to help all countries realise the potential of their land sectors in addressing…](https://sms4smile.com/quotes/enda-kenny/irish-research-will-contribute-to-global-progress-and-have-the/) [Enda Kenny](https://sms4smile.com/quotes/author/enda-kenny/) > [In the current climate, things that are true, brave human stories become political.](https://sms4smile.com/quotes/cate-blanchett/in-the-current-climate-things-that-are-true-brave-human-stories/) [Cate Blanchett](https://sms4smile.com/quotes/author/cate-blanchett/) > [Windmills and solar cells are carbon-free sources of electricity. 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