“About 75% of the price of gas is really dictated by crude oil. At the heart of the issue is increasing demand over a period of many years around the world. World crude oil consumption now is close to 90 million barrels a day. Most of the growth in demand is coming from China and the developing world.” WorldYearsHeartGrowthMillionsIssuesPeriodsDemandChinaOilAround The WorldDevelopingGasConsumptionCrudeBarrelsCrude OilOil Consumption Author:John S. Watson
“Chinese growth will either be strong or very strong. They have a voracious demand for energy that will only continue to grow. What they're doing... is looking at all forms of energy. They're going ahead very strongly with coal, nuclear, oil, natural gas.” FormEnergyStrongGrowsGrowthNaturalDemandOilNuclearChineseGasVery StrongCoalNatural Gas Author:John S. Watson
“The economy has settled into a sustainable, self-reinforcing growth path, .. All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.” SelfGrowthEconomyPathEconomicMajorsAddCurrentsOilTerroristRecoveryShockCategoriesExpansionEconomic GrowthTerrorist AttacksPayrollOil Price Author:Sung Won Sohn
“But we have not used our waters well. Our major rivers are defiled by noxious debris. Pollutants from cities and industries kill the fish in our streams. Many waterways are covered with oil slicks and contain growths of algae that destroy productive life and make the water unfit for recreation. "Polluted Water-No Swimming" has become a familiar sign on too many beaches and rivers. A lake that has served many generations of men now can be destroyed by man in less than one generation.” MenWellsUsedGrowthWaterCitiesGenerationsIndustryMajorsRiversEnvironmentalFishesOilFamiliarDestroyedBeachStreamsProductiveLakesCoveredSwimmingRecreationSlickDebrisAlgaeProductive Life Author:Lyndon B. Johnson
“Denmark and the UK are in agreement that our future prosperity depends on stimulating green growth, and getting off the oil hook.” GrowthDependsGreenClimate ChangeProsperityOilAgreementOur FutureHookDenmarkFuture Prosperity Author:Chris Huhne
“The export of oil, the export of minerals, will for many decades continue to be a critical part for the growth of African economies. The emphasis is on diversification. We have for many years - not just in South Africa but in many parts of the continent - spoken about beneficiation. And I think part of the secret, in relation to beneficiation, is you have got to make it attractive, profitable for the private sector - and it will take off. You may have to look at mechanisms like tax concessions... You will not have to worry about beneficiation if it makes commercial sense.” IfsThinkingYearsLooksMayGrowthSecretWorryEconomyTaxesRelationSouthCriticalOilDecadesAttractiveMechanismContinentsSouth AfricaLook At MeEmphasisProfitablePrivate SectorMineralsConcessionsDiversification Author:Patrice Motsepe
“Capitalism rules worldwide, and a society whose economic fabric depends on constant growth requires that its citizens have ever-expanding needs and wants... In the West, it will take one with soul force equal to Gandhi's to change the prevailing dogma of ever increasing GNP. We may be forced to change our profligate ways some day, when the soil is depleted, the aquifers drained, the icecaps melted, and all the oil wells pumped dry. But the crisis will wait another fifty years or so; we'll leave those problems to a generation yet unborn.” WayWantNeedsYearsWellsMaySoulProblemForceWaitingGrowthGenerationsEconomicDependsCitizensEqualCapitalismCrisisConstantWestEnvironmentalOilDrySoilFiftySustainabilityDogmaFabricExpandingUnbornPrevailingDrainedNeeds And WantsSoul ForceAquifers Author:Philip Yancey
“Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place” FirstsEnergyGrowthTechnologyTakenRevolutionLowsRateChinaOilDevelopingUsaGasConsumptionNew TechnologyOil PriceEnergy Consumption Author:Kenneth Rogoff
“Oil is dead, on its way to extinction. As a group of citizens we must speak up and act towards ending fracking. Let your government know you will not tolerate a technology that not only poisons your family but our creature family at large; let them know you want sustainable power and all the jobs that will come with that new growth.” KnowsWayWantGovernmentJobsSpeakGrowthTechnologyGroupsCitizensCreaturesOilOur FamilyPoisonTolerateExtinctionFrackingNew Growth Author:Ian Somerhalder
“Today we find ourselves faced with the imminent end of the era of cheap oil, the prospect (beyond the recent bubble) of steadily rising commodity prices, the degradation of forests, lakes and soils, conflicts over land use, water quality, fishing rights and the momentous challenge of stabilising concentrations of carbon in the global atmosphere.” EndsUseTodayGrowthWaterChallengesQualityRightsLandConflictOilForestsErasAtmosphereRisingSoilLakesFishingConcentrationBubblesConsumptionCommodityCarbonDegradationLand UseCommodity PricesWater Quality Author:Tim Jackson
“Other than areas of high-tech, fracking is probably one of the largest areas where concentrated growth in America's economy is taking place. There are oil booms in the Dakotas, in North Dakota. They are having to build entire cities, towns, to house employees showing up to work in fracking. The left is trying to shut it down under some claim that it destroys the environment. Natural gas and oil, of course, are the evil twins of opposition to the mainstream environmentalist wacko movement.” TryingAmericaCoursesEvilHouseLeftGrowthNaturalCitiesEconomyEnvironmentMovementAreasClaimsTownsOilEmployeeOppositionGasMainstreamTwinsEnvironmentalistShowing UpDakotaNatural GasFrackingNorth Dakota Author:Rush Limbaugh