Petroleum Quotes

I'm sure we were all feeling blessed on this ferryboat among the humps of very green
in the sunlight almost coolly burning, like phosphorus
islands, and the water of inlets winking in the sincere light of day, under a sky as blue and brainless as the love of God, despite the smell, the slight, dreamy suffocation, of some kind of petroleum-based compound used to seal the deck's seams. ~ Denis Johnson

Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products. ~ Ben Bernanke

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. ~ James Buchan

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. ~ Ali Babacan

Toxic pheromone pollution. How can we combat that?" Charles Groh and I looked at each other. This was it. We'd finally arrived at the hard part. What had to be done. "The first step," I said, "would be removing the factors that are causing the environmental disturbance." "Remove petroleum products?" said the president. "And cell phones?" said the secretary of state. I nodded at both of them, then looked out at the faces around the table and on the screens. ~ James Patterson

Lately the commandant speaks more and more intimately of the führer and the latest thing- prayers, petroleum, loyalty- that he requires. The führer requires trustworthiness, electricity, boot leather. Werner is beginning to see, approaching his sixteenth birthday, that what the führer really requires is boys. Great rows of them walking to the conveyor belt to climb on. Give up cream for the führer, sleep for the führer, aluminum for the führer. Give up Reinhard Wöhlmann's father and Karl Westerholzer's father and Martin Burkhard's father. ~ Anthony Doerr

at a first glance, natural dyes appear to be more expensive than those used for petroleum-derived synthetics, simply because of the higher cost to farm raw materials. But there are "externalities" not included in synthetic's calculation -environmentally damaging ones like fracking and oil spills. ~ Dana Thomas

The food industry burns nearly a fifth of all the petroleum consumed in the United States (about as much as automobiles do). Today it takes between seven and ten calories of fossil fuel energy to deliver one calorie of food energy to an American plate. ~ Michael Pollan

But her no leather - no fur policy drew fire. Critics charged that faux hides, many of which are petroleum based, were more damaging to the earth than the real stuff.

Bull, said McCartney. "Livestock production is one of the major causes of ... global warming, land degradation, air and water pollution, and loss of biodiversity", she shot back, with more than fifty million animals farme and slaughtered each year just to make handbags and shoes. Conventional leather tanning employs heavy metals such as chromium, which results in waste that is toxic to humans. ~ Dana Thomas

This is our struggle: to re-bury the coal and slow the flow of petroleum from the earth," she counted them off from pinky to thumb on one hand, "To teach the farming way that cleans the soil and enriches the land. To bring the lore of machines run by energy of grass and waters and sun and wind. To place the love of silence and darkness again beside the love of noise and light. And to cause humans to greatly slow their breeding and breeding and breeding and breeding. This is our struggle. ~ Robert Stikmanz

Every time humans discovered a new resource, or technique for using mass and energy, one side effect has always been pollution. Why should the information age be any different from those of coal, petroleum, or the atom? ~ David Brin

We must proceed with our own energy development. Exploitation of domestic petroleum and natural gas potentialities, along with nuclear, solar, geothermal, and non-fossil fuels is vital. We will never again permit any foreign nation to have Uncle Sam over a barrel of oil. ~ Gerald R. Ford

Oil is also essential for military operations. No other substance, no other raw material, is so vital for the prosecution of warfare, than petroleum. And the United States being the world's only global power, is totally dependent on petroleum. ~ Michael Klare

Petroleum is the product of a distillation from great depth and issues from the primitive rocks beneath which the forces of all volcanic action lie. ~ Alexander Von Humboldt

Our Strategic Petroleum Reserve is there for a natural disaster or some other catastrophe. ~ Jason Chaffetz

A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as vital to human existence as water. ~ James Buchan

Until the first petroleum well was drilled in Pennsylvania in 1859, whale oil *was* oil. In Leviathan, a fine history of whaling, Eric Jay Dolin enumerates whale Phil's manifold applications: 'It was used in the production of soap, textiles, leather, paints, and varnishes, and it lubricated the tools and machines that drove the Industrial Revolution.' In fact, its use as a lubricant impervious to extremes in temperature persisted well into the space age
NASA lubed its moon landers and other remotely operated vehicles with sperm whale oil until the International Whaling Commission banned commercial whaling in 1986. ~ Sarah Vowell

To cause the face to appear in a mass of flame make use of the following: mix together thoroughly petroleum, lard, mutton tallow and quick lime. Distill this over a charcoal fire, and the liquid which results can be burned on the face without harm. ~ Harry Houdini

Question of Official Secrets Act confronts Delhi Police probe By Shreeja Sen | 553 words New Delhi: Investigations into an alleged corporate espionage case are on at full steam, the Delhi Police said on Sunday even as it held around a dozen people in detention after confidential documents were stolen from the petroleum ministry. With the detainees yet to be charged, the police are proceeding only under the provisions of the Indian Penal Code, 1860 - Sections 411 (dishonestly receiving stolen property) and 120B (criminal conspiracy). ~ Anonymous

Dad's oil dehydrator was a contained electrostatic field, one electrode down the center, the other the container's inner wall. Principal problem was finding a dielectric to separate the two. Refuse oil poured in came out as oil of the highest grade, dry chemicals, and drinking water. Petroleum Rectifying Company successfully prohibited its use. ~ John Cage

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. ~ Daryl Hannah

The world petroleum story is one of the most inhuman known to man: in it, elementary moral and social principles are jeered at. If powerful oil trusts no longer despoil and humiliate our country it is not because these predators have become human, but because we have won a hard-fought battle which has been going on since the beginning of the century. ~ Mohammed Reza Pahlavi

To me the bicycle is in many ways a more satisfactory invention than the automobile. It is consonant with the independence of man because it works under his own power entirely. There is no combustion of some petroleum product..to set the pedals going. Purely mechanical instruments like watches and bicycles are to be preferred to engines that depend on the purchase of power from foreign sources ... The price of power is enslavement. ~ Louis J. Halle

The largest mistake would be to start to move away from petroleum, a proven and economic energy source, to more speculative and expensive sources ... The world will eventually leave the age of oil, but there is no geologic reason for this to happen until near the end of the 21st century. ~ David Deming

It is sunlight in modified form which turns all the windmills and water wheels and the machinery which they drive. It is the energy derived from coal and petroleum (fossil sunlight) which propels our steam and gas engines, our locomotives and automobiles ... Food is simply sunlight in cold storage. ~ John Harvey Kellogg

What's going to happen is, very soon, we're going to run out of petroleum, and everything depends on petroleum. And there go the school buses. There go the fire engines. The food trucks will come to a halt. This is the end of the world. ~ Kurt Vonnegut

There are lots of bad things that can happen to a food economy that's both extensive and centralized. There's no substitute for petroleum. To have a growth economy based on a declining fuel supply is bound to be stressful. ~ Wendell Berry

Old foot trails may be neglected, back-country ranger stations left unmanned, and interpretive and protective services inadequately staffed, but the administrators know from long experience that millions for asphalt can always be found; Congress is always willing to appropriate money for more and bigger paved roads, anywhere - particularly if they form loops. Loop drives are extremely popular with the petroleum industry - they bring the motorist right back to the same gas station from which he started. ~ Edward Abbey

Another thing he laid in when he'd committed himself to one last marijuana vacation was petroleum jelly. ~ David Foster Wallace

The riots that shook Abadan led many Iranians to rally to the workers' cause, partly out of instinctive sympathy but also because of the grossly unequal terms under which the Anglo-Iranian Oil Company operated. In 1947, for example, the company reported an after-tax profit of £40 million-the equivalent of $112 million dollars-and gave Iran just £7 million. To make matters worse, it never complied with its commitment under the 1933 agreement with Reza Shah to give laborers better pay and more chance for advancement, nor had it built the schools, hospitals, roads, or telephone system it promised. Manucher Farmanfarmaian, who in 1949 became director of Iran's petroleum institute, was appalled by what he found at Abadan: ~ Stephen Kinzer

If we are going to start calling industrial corn sustainable, then we might as well say that petroleum is a renewable resource if you're willing to wait long enough. ~ Catherine Friend

Renewable biofuels are meanwhile making inroads in the transportation fuels market and are beginning to have a measurable impact on demand for petroleum fuels, contributing to a decline in oil consumption in the United States in particular starting in 2006 ... The 93 billion liters of biofuels produced worldwide in 2009 displaced the equivalent of an estimated 68 billion liters of gasoline, equal to about 5 percent of world gasoline production. ~ Christopher Flavin

Wood was the main source of energy in the world until the eighteen-fifties, and it still could be. Roughly a tenth of the annual growth of all the trees on earth could yield alcohol enough to run everything that now uses coal and petroleum - every airplane, every industry, every automobile. ~ John McPhee

This is the deep-space commercial tug Nostromo, registration number one eight zero, two four six, en route to Earth with bulk cargo crude petroleum and appropriate refinery. Calling Antarctica traffic control. Do you read me? Over. ~ Alan Dean Foster

Relying exclusively on air power has limits: planes are effective against fixed strategic targets, like petroleum storage, bridges, and command bunkers; but even then, air power rarely succeeds by itself in destroying a regime's ability to command and control its forces. ~ Michael Ignatieff

She lifted me back into the seat with a wicked grin, and breathed, 'Just don't stop talking. Whatever you do, just don't stop talking,' and swallowed my manhood. I scrambled desperately through the darkened corners of my memory until I couldn't take it anymore. I grabbed her by the hair and said, 'Now bend over, and I'll do to you what the Organization of Petroleum Exporting Countries wants to keep the Federal government from doing to the state of Alaska. ~ Phillip Andrew Bennett Low

This whole world was a processed petroleum product. ~ Lev Grossman

Another casualty of Feisal's return to power was Abdullah Tariki, the general director of petroleum and mineral resources. Tariki is a well-known figure in global oil politics, mostly because in 1960 he cofounded, along with Venezuelan oil minister Juan Perez Alfonso, the Organization of Petroleum Exporting Countries, better known as the OPEC cartel. ~ Ellen R. Wald

Instead of eating exclusively from the sun, humanity now began to sip petroleum. ~ Michael Pollan

The Saudis considered the petroleum under their soil a gift from God, but accessing its value laid within man's capacity. ~ Ellen R. Wald

OPEC stopped exporting oil in early November, the Canadians followed suit a couple of weeks later, and that was it. The Department of Energy opened the Strategic Petroleum Reserve on January 15, along with strictly enforced price controls, and everybody had gas for about nine days, and then they didn't anymore. ~ Ben H. Winters

The suggestion that petroleum might have arisen from some transformation of squashed fish or biological detritus is surely the silliest notion to have been entertained by substantial numbers of persons over an extended period of time. ~ Fred Hoyle

For the 4 percent of our population that is left on the farm does not, by any stretch of imagination, feed the rest. That 4 percent is only a small part, and the worst-paid part, of a food production network that includes purchasers, wholesalers, retailers, processors, packagers, transporters, and the manufacturers and salesmen of machines, building materials, feeds, pesticides, herbicides, fertilizers, medicines, and fuel. All these producers are at once in competition with each other and dependent on each other, and all are dependent on the petroleum industry. As ~ Wendell Berry

In my opinion, if there is one extremely legitimate use for petroleum besides running wood chippers and front-end loaders to handle compost, it's making plastic for season extension. It parks many of the trucks [for cross-country produce transportation]. With the trucks parked, greenhouses, tall tunnels, and more seasonal, localized eating, can we feed ourselves? We still have to answer that burning question. ~ Joel Salatin

You're going to see new processes that utilize waste as the source of energy, so there's no petroleum consumed in the process - that makes the energy balance uniformly positive. ~ Al Gore

The battlefields of World War I established the importance of petroleum as an element of national power when the internal combustion machine overtook the horse and the coal-powered locomotive. ~ Daniel Yergin

I believe America's chief strategic vulnerability is our dependence on imported petroleum. ~ Marcy Kaptur

So this is what commodity corn can do to a cow: industrialize the miracle of nature that is a ruminant, taking this sunlight- and prairie grass-powered organism and turning it into the last thing we need: another fossil fuel machine. This one, however, is able to suffer. ~ Michael Pollan

Here's a viewer's guide to BP media briefings. Whenever you hear someone with a British accent talking about this on behalf of British Petroleum they are not telling you the truth. That's the bottom-line. ~ Anthony Weiner

The automotive X Prize, to a great degree, is focused on addressing petroleum usage and carbon emissions. ~ Peter Diamandis

The approaching exhaustion of domestic reserves of petroleum and the rapid depletion of world reserves will have a profound effect on Americans in the cities and on the farms. ~ Richard Lamm

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. ~ James Buchan

That we should have an agriculture based as much on petroleum as the soil-that we need petroleum exactly as much as we need food and must have it before we can eat-may seem absurd. It is absurd. It is nevertheless true. ~ Wendell Berry

Nobody gets beyond a petroleum economy. Not while there's petroleum there. ~ Dan Simmons

You hear entertainers all the time, saying, 'If I couldn't get paid for this, I'd do it for free.' When's the last time you ever heard a business person say, 'If I couldn't get paid for being chairman of British Petroleum, I'd do it for free'? ~ Dick Gregory

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. ~ Wole Soyinka

A post-petroleum world will necessitate walking long distances and exerting much more physical energy to accomplish even routine tasks than we are now accustomed to. Most of our bodies in current time are not up to the task. Yet preparing the body for living in a collapsing world is one of the most fundamental of preparations. Although we may not be able to store vast quantities of food or water, may not have our homes or property equipped as much as we would prefer in preparation for collapse, and may not have learned all the skills we would like to master, becoming present in our bodies and keeping them healthy and fit are factors over which we have control. ~ Carolyn Baker

Imagine people growing hemp and making everything from food to fuel without petroleum! ~ Josh Tickell

Help fake plants shine by coating them with a little petroleum jelly. ~ Jamie Sigh

But it seems somehow paltry and wrong to call what happened at Midway a "battle." It had nothing to do with battles the way they were pictured in the popular imagination. There were no last-gasp gestures of transcendent heroism, no brilliant counterstrategies that saved the day. It was more like an industrial accident. It was a clash not between armies, but between TNT and ignited petroleum and drop-forged steel. The thousands who died there weren't warriors but bystanders -- the workers at the factory who happened to draw the shift when the boiler exploded. ~ Lee Sandlin

Soon the majority of the world's people will be living in cities. We are now obliged to think of so many people demanding the means of life from the land, to which they will no longer have a practical connection, and of which they will have little knowledge. We are obliged also to think of the consequences of any attempt to meet this demand by large-scale, expensive, petroleum-dependent technological schemes that will ignore local conditions and local needs. ~ Wendell Berry

Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption. ~ Matthew Simmons

Modern agriculture is the use of land to convert petroleum into food ~ Albert Allen Bartlett

You're not allowed to call them dinosaurs any more," said Yo-less. "It's speciesist. You have to call them pre-petroleum persons. ~ Terry Pratchett

Compare King William with the philosopher Haeckel. The king is one of the anointed by the most high, as they claim - one upon whose head has been poured the divine petroleum of authority. Compare this king with Haeckel, who towers an intellectual colossus above the crowned mediocrity. Compare George Eliot with Queen Victoria. The Queen is clothed in garments given her by blind fortune and unreasoning chance, while George Eliot wears robes of glory woven in the loom of her own genius.
The world is beginning to pay homage to intellect, to genius, to heart.
We have advanced. We have reaped the benefit of every sublime and heroic self-sacrifice, of every divine and brave act; and we should endeavor to hand the torch to the next generation, having added a little to the intensity and glory of the flame. ~ Robert G. Ingersoll

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. ~ Mike Rogers

Strange, strange are the dynamics of oil and the ways of oilmen. ~ Thomas Pynchon

Control over the production and distribution of oil is the decisive factor in defining who rules whom in the Middle East. ~ Christopher Hitchens

The enthusiasm of today's youth is as pure and bright as it was in our time. Only one thing has happened: a shift of goals, the replacement of one beauty with another! The entire misunderstanding lies merely in the question of which is more beautiful: Shakespeare or a pair of boots, Raphael or petroleum? ~ Fyodor Dostoyevsky

Tell me the sort of agreement that the United Nations will reach with respect to the world's petroleum reserves when the war is over," Ickes proclaimed, "and I will undertake to analyze the durability of the peace that is to come. ~ William Manchester

Vladimir Putin is leading a dying country. Vladimir Putin's regime exports three things: petroleum products - coal, natural gas, and hydrocarbon energy in the form of petroleum. Number two, it exports arms, and, number three, it exports people. ~ Oliver North

When you have energy companies like Shell and British Petroleum, both of which are perhaps represented in this room, saying there is a problem with excess carbon dioxide emission, I think we ought to listen. ~ James Baker

William James describes a man who got the experience from laughing-gas; whenever he was under its influence, he knew the secret of the universe, but when he came to, he had forgotten it. At last, with immense effort, he wrote down the secret before the vision had faded. When completely recovered, he rushed to see what he had written. It was: A smell of petroleum prevails throughout. ~ Bertrand Russell

As we use our last reserves of petroleum and pollute our world drilling for oil in areas where an "accident" can quickly become an enormous ecological disaster; as our air becomes more and more polluted and unhealthy; as food, housing, energy, transportation, and clothing become less and less affordable; what can save the Earth and civilization? Hemp can! ~ Alan Archuleta

Both group effort and individual testimony flow from conviction as to the role of people on earth. In stewardship of the common heritage, a few simple beliefs recur: that all are indeed members of the same human family, that all share in responsibility for the others, that each is capable of responding directly to divine guidance. To seek to translate these into practical action with regard to soil or petroleum or the fish of the sea is not necessarily to do what is directly effective in changing society. ~ Gilbert F. White

The reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue. ~ Joe Bageant

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. ~ Jose Ramos-Horta

Bone-char is a granular material produced by charring animal bones. Bone- char is used to refine crude oil into petroleum jelly. ~ Kayla Fioravanti

Association of Petroleum Producers - spoke with federal government officials 536 times between 2008 and 2012, while TransCanada, the company behind the Keystone XL pipeline, had 279 communications. The Climate Action Network, on the other hand, the country's broadest coalition devoted to emission reductions, only logged six communications in the same period. In the U.K., the energy industry met with the Department of Energy ~ Naomi Klein

But perhaps the most alarming ingredient in a Chicken McNugget is tertiary butylhydroquinone, or TBHQ, an antioxidant derived from petroleum that is either sprayed directly on the nugget or the inside of the box it comes in to "help preserve freshness." According to A Consumer's Dictionary of Food Additives, TBHQ is a form of butane (i.e. lighter fluid) the FDA allows processors to use sparingly in our food: It can comprise no more than 0.02 percent of the oil in a nugget. Which is probably just as well, considering that ingesting a single gram of TBHQ can cause "nausea, vomiting, ringing in the ears, delirium, a sense of suffocation, and collapse." Ingesting five grams of TBHQ can kill. ~ Michael Pollan

The Ukraine is still under Russian influence, even if they did give us independence. Ethnic Russians number 22% of our population. The facts remain they will control us economically. We will continue to owe them monetarily for the natural gas, the petroleum and all other industrial tools we need. After they've exhausted our scant resources and we have run up large bills, they will just walk right back in and take us over again. Monitor it closely in the years to come, Nicholas, you will see I am right. It could be easy to disregard this movement of mine, if it weren't for the queer twists and turns history takes from time to time. ~ Nicholas Anderson

The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it is thought that there are at least 5 trillion barrels of petroleum resources, of which 1.4 trillion is sufficiently developed and technically and economically accessible. ~ Daniel Yergin

The era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system ~ Richard Heinberg

Liberia got Petroleum (Oil): The problem of development lies in good leadership and great communication. Some of our leaders want to turn the country's oil company into the Gaddafi regime of Libya that they could rule Liberia and their sons and grand kids can also rule as well. It's a form of oppression. The Liberian people want a leader, not an oppressor or an installed puppet. Someone who will put the country and its peoples' interest first. Not a corrupt politician who's out to rip the country apart, in the name of enriching their families. ~ Henry Johnson Jr

There are many disturbing news. We believe that the production of conventional petroleum reached peak oil already in 2006. The oil fields in the North Sea and the US are collapsing ... time is running out. ~ Fatih Birol

Oddly enough, Dame Edna is not interested in show business. Her friends in Los Angeles are mostly in the world of petroleum. She used to have some acting friends. Sadly, Joan Rivers has passed on. Larry Hagman was a close friend. A number of others. ~ Barry Humphries

Under the rule of the "free market" ideology, we have gone through two decades of an energy crisis without an effective energy policy. Because of an easy and thoughtless reliance on imported oil, we have no adequate policy for the conservation of gasoline and other petroleum products. We have no adequate policy for the development or use of other, less harmful forms of energy. We have no adequate system of public transportation. ~ Wendell Berry

Even as looters were carrying off many of Iraq's priceless antiquities from museums designed to commemorate the "cradle of civilization," only one government building was protected by American troops: the petroleum ministry. In 2007, even as Iraq was disintegrating into sectarian violence, the Bush administration was carefully crafting legal documents - while the United States was still the occupying power - guaranteeing preferential access to the enormous profits expected from production of Iraq's vast oil reserves for ExxonMobil, Chevron, BP, and Shell. ~ Al Gore

…For many years now, that way of living has been scorned, and over the last 40 or 50 years it has nearly disappeared. Even so, there was nothing wrong with it. It was an economy directly founded on the land, on the power of the sun, on thrift and skill and on the people's competence to take care of themselves. They had become dependent to some extent on manufactured goods, but as long as they stayed on their farms and made use of the great knowledge that they possessed, they could have survived foreseeable calamities that their less resourceful descendants could not survive. Now that we have come to the end of the era of cheap petroleum which fostered so great a forgetfulness, I see that we could have continued that thrifty old life fairly comfortably – could even have improved it. Now, we will have to return to it, or to a life necessarily as careful, and we will do so only uncomfortably and with much distress. Increasingly over the last maybe forty years, the thought has come to me that the old world, in which our people lived by the work of their hands, close to weather and earth, plants and animals, was the true world. And that the new world of cheap energy and ever cheaper money, honored greed and dreams of liberation from every restraint, is mostly theater. This new world seems a jumble of scenery and props never quite believable. An economy of fantasies and moods, in which it is hard to remember either the timely world of nature, or the eternal world of the prophets an ~ Wendell Berry

American agriculture is badly in need of diversity. Another threat to the food system of course is the likelihood that petroleum is not going to get any cheaper. ~ Wendell Berry

The power of the big fish in general to regroup is hardly restricted to banking. When Standard Oil was broken up in 1911, the immediate effect was to replace a national monopoly with a number of regional monopolies controlled by many of the same Wall Street interests. Ultimately, the regional monopolies regrouped: In 1999 Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly Standard Oil Company of New York) reconvened in one of the largest mergers in US history. In 1961 Kyso (formerly Standard Oil of Kentucky) was purchased by Chevron (formerly Standard Oil of California); and in the 1960s and 1970s Sohio (formerly Standard Oil of Ohio) was bought by British Petroleum (BP), which then, in 1998, merged with Amoco (formerly Standard Oil of Indiana).

The tale of AT&T is similar. As the result of an antitrust settlement with the government, on January 1, 1984, AT&T spun off its local operations so as to create seven so-called Baby Bells. But the Baby Bells quickly began to merge and regroup. By 2006 four of the Baby Bells were reunited with their parent company AT&T, and two others (Bell Atlantic and NYNEX) merged to form Verizon.

So the hope that you can make a banking breakup stick (even if it were to be achieved) flies in the face of some pretty daunting experience. Also, note carefully a major political fact: The time when traditional reformers had enough power to make tough banking regulation really work was the time when ~ Gar Alperovitz

Persian insect powder, mixed into a paste with petroleum jelly, had killed the lice in her hair, but then she'd inspected her clothes and found them infested with body lice, likely picked up from one of the walking wounded who ~ Jennifer Robson

The small stuff matters. The company that became the largest and most powerful in history isn't a military contractor or a car company. It isn't the result of savvy lobbyists in Washington, or the happenstance of controlling the supply of petroleum, or some kind of cabal that is beyond the understanding of ordinary people. The largest and most powerful company in history is built by each of us handing over three single dollar bills over and over again. ~ Charles Fishman

The consumption of petroleum should be conserved. We need to adopt some austerity measures. The people should cooperate with us. ~ Veerappa Moily