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The quicker we get about the business of reducing our reliance on oil the better.
Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market.
It's to paint directly on the canvas without any funny business, as it were, and I use almost pure turpentine to start with, adding oil as I go along until the medium becomes pure oil. I use as little oil as I can possibly help, and that's my method.
Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we have to slow the growth of U.S. oil consumption, particularly imported oil consumption.
To keep a lamp burning, we have to keep putting oil in it.
The country remains dependent on oil. But as we are now learning, oil is becoming increasingly scarce.
Our natures are a lot like oil, mix us with anything else, and we strive to swim on top.
If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market.
We need to reduce or at least limit U.S. demand for oil as quickly as possible, and we need to develop new technologies that can further help address our addiction to oil in the future.
What is the first thing we did when we took control of Iraq? Protect the oil fields. Remember the administration quote about how the oil would pay for the war.
The need to help spread democracy and the ability to do that will be much greater if we break this addiction to oil, which gives the oil princes and sultans the power in the Mideast.
In addition, each barrel of oil we save through conservation further decreases our dangerous reliance on unstable Middle East oil.
We are not utilizing the Iraqi oil for U.S. purposes. We are not asking that the Iraqi oil be used to pay our military expenses. We are asking only that the Iraqi oil be used to rebuild Iraq - that is, to rebuild Iraq for the Iraqi people.
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