9 Quotes by Robert Ebel
- Author Robert Ebel
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It is hard to find any reason to be sympathetic toward the oil companies today, but that doesn't make them evil.
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- Author Robert Ebel
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People need that auto and won't stop buying gasoline because of a price rise. We can look forward to another tight summer.
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We don't have that much influence over Chinese oil interests. We're watching. That's about all we can do.
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Any time a country threatens to cut off oil supplies, the people in New York say, 'Golly, that'll happen,' and the price of oil goes up. They have a little leverage with their oil production. But if you cut off oil exports, you cut off your foreign exchange earnings.
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They have no magic wand. They can talk about conservation and about driving less. But in the end it's about the individual consumer.
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It's a first step in China's move to diversify not only from where it gets its oil but also its means of delivery.
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The number of gasoline- electric hybrid engines is growing but is still a very small share of the auto market and has limited impact.
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They want independence from Russia but they can't have it fully since they have other pipelines running through the country. But it's not a negative step for Kazakhstan.
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The Chinese are overpaying, but they have a lot of money from exports, and they want to spend it on any equity oil they can find.
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