Petroleum Quotes
The world petroleum story is one of the most inhuman known to man: in it, elementary moral and social principles are jeered at. If powerful oil trusts no longer despoil and humiliate our country it is not because these predators have become human, but because we have won a hard-fought battle which has been going on since the beginning of the century.
Muhammad Reza Pahlavi
Under the limitation of armaments treaty a large saving in outlay and a considerable decrease in maintenance of the Navy has been accomplished. We should maintain the policy of constantly working toward the full treaty strength of the Navy. Careful investigation is being made in this department of the relative importance of aircraft, surface and submarine vessels, in order that we may not fail to take advantage of all modern improvements for our national defense. A special commission also is investigating the problem of petroleum oil for the Navy, considering the best policy to insure the future supply of fuel oil and prevent the threatened drainage of naval oil reserves. Legislative action is required to carry on experiments in oil shale reduction, as large deposits of this type have been set aside for the use of the Navy.
Calvin Coolidge
What's happening is that 8% of the world's people use 35% of the world's petroleum, and are ready to blow everybody off the map to keep it that way. This is nothing more than a manifestation of junkie psychology on a mass scale. We're addicted, they got it, we're happy to pay for it, but if they won't sell it we'll break into their house and take it, because by god it will go into our right arm. that's the plan.
Terence McKenna
How will the cessation of war purchases of planes, guns, tanks, and ships ... affect the national level of employment? How many new jobs will be created by the consumers'demand for an additional one million of passenger cars, how many of these jobs can be expected to be located in the automobile industry itself, and how many in other industries such as Steel and the Chemicals, the Coal and the Petroleum industries? How much additional freight traffic and revenue can the American railroads expect to derive from every billion dollars worth spent on post-war housing construction?
Wassily Leontief
Two main alternative views of the regulation of industry are widely held. The first is that regulation is instituted primarily for the protection and benefit of the public at large or some large subclass of the public. In this view, the regulations which injure the public -as when the oil import quotas increase the cost of petroleum products to America by $5 billion or more a year- are costs of some social goal (here, national defense) or, occasionally, perversions of the regulatory philosophy. the second view is essentially that the political process defies rational explanation: "politics" is an imponderable, a constantly and unpredictably shifting mixture of forces of the most diverse nature, comprehending acts of great moral virtue (the emancipation of slaves) and of the most vulgar venality.
George Stigler
