” The United States’ gasoline industry, as Hurricanes Katrina and Rita demonstrated, is remarkably fragile. And the process of how oil is pumped from the ground, turned into gasoline and distributed to consumers is complicated. “
” In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer. “
” The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation’s supply. By 2010, this is projected to jump to 75 percent. “
” Global crude oil demand is increasing, particularly in places like China. “
” Energy companies, such as Chevron and Shell, and oil producing countries, such as Kuwait and Venezuela, pump crude oil from their vast land holdings and sell it on the world market. “
All 5 Gary Miller Quotes about Oil in picture



Topics: Oil quotes