#oil production

The value of the beans for oil production, as well as for human food, has become recognized so quickly and so generally during the past year that the crop has acquired a commercial standing far in excess of its previous status. ↗

— David F. Houston

#beans #become #commercial #crop #during

I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises. ↗

— T. Boone Pickens

#barrels #been #believe #continues #demand

I saw a report yesterday. There's so much oil, all over the world, they don't know where to dump it. And Saudi Arabia says, 'Oh, there's too much oil.' They - they came back yesterday. Did you see the report? They want to reduce oil production. Do you think they're our friends? They're not our friends. ↗

— Donald Trump

#back #came #did #dump #friends

Iran's economy is now shrinking by 1 percent a year. Its oil production is down 40 percent. ↗

— Susan Rice

#economy #iran #now #oil #oil production