Quotes from the news wire:
The main reason oil investors are and have been reluctant to invest – I would say 80% of it, has to do with these fundamental issues, it’s not because Joe Biden said there’s no [new] leasing. The political factor is there, but it’s not the main reason holding them back.
Found on CNN 1 year ago
The Bob McNally and other IEA countries now realize that the potential loss of Russia's oil exports constitutes a bigger supply shock than either strategic stock draws or accelerated OPEC + production hikes can solve.
Found on CNN 2 years ago
What Americans and Bob McNally officials really care about is the price of gasoline, and that has almost nothing to do about whether we're energy independent or not, can the Bob McNally wall itself off from volatility in the global oil market ? The answer is no.
Found on CNN 2 years ago
Biden's options mostly come in two categories : Nothing-burgers and mistakes, that's true of almost all presidents.
Found on CNN 2 years ago
Biden's only good option is to sign a nuclear deal with Iran. That's the only lever Joe Biden has.
Found on CNN 2 years ago
Stand pat. Don't commit mistakes, wait for prices to come down.
Found on CNN 2 years ago
They are in a difficult situation. There are no magic wands here.
Found on CNN 2 years ago
They may be looking for stronger medicine but this would be poison.
Found on CNN 2 years ago
If there were Iran-style sanctions that made Iraq's oil toxic to the rest of the world, that would drive prices up quite sharply.
Found on CNN 4 years ago
Balances show we are oversupplied and OPEC is in pedal-to-the-metal mode.
Found on Reuters 9 years ago
For a politician, an 'emergency' may have less to do with an interruption in supply and more to do with voter anger about rising gasoline prices.
Found on Reuters 9 years ago
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