23 Quotes by Severin Borenstein

We're swimming in gasoline right now. But this is not a sustainable level.

We should be putting that money into research and development to improve the technology.

The oil companies may be raising it a few cents, but that's not where the action is.

This is not something that is going to go away quickly. Oil supplies are limited, and we're coming to grips with that.

They make their money the same way you make money when you sell your house.

They make oil and they own oil, and the price of oil has gone up. Every barrel of oil they make is worth more.

It's a world market for oil and that's why we have high gasoline prices.

It's not like this is a gigantic change in the cost per mile of driving your car. That's why you won't see many people get rid of their cars or suddenly decide they can't drive to work anymore or will take the subway or whatever.

It looked like money down a rat hole. I can certainly see why they'd be cautious now. Just because you're making an extra $35 a barrel doesn't mean you should be pouring that into exploration.