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Even as we work to develop more sources of petroleum for the United States, we must continue our vigorous pursuit of alternative fuels, so that we can be powered by cleaner, more efficient sources of energy.
A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as vital to human existence as water.
Turkey's energy bill due to imports will fall with the increase in use of renewable energy sources. We have no control over the prices of petroleum and natural gas.
We have already significant sums of money in our petroleum fund, a fund created by law that includes all the revenues received from the Timor Sea, and invests in conservative, safe, long-term investment portfolios - right now in US Treasury Bonds.
Important reserves of natural resources, like petroleum and precious metals, are the bulwarks for laying the foundations for the future.
The biodiesel we use is 100 percent, it has no petroleum in it. It was already used in fryers throughout our local area. It's already had one life and now it's going to be used again, which is nice.
The use of refined petroleum as fuel, which began in the 1850s, freed hundreds of millions of people from the toil of centuries, gave hundreds of millions more a life of ease and plenty, and, by allowing great cities to feed themselves from every corner of the world, multiplied the population of the earth fivefold.
Like the vast majority of my constituents, I continue to be concerned about record profits reported by petroleum companies at a time when consumers are paying record high prices for gasoline.
I am convinced that Nigeria would have been a more highly developed country without the oil. I wished we'd never smelled the fumes of petroleum.
There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.