“Russia is reminding people that they're the powerhouse of natural gas resources, but it's a false promise. They don't have their sector organized enough.”
“Owning reserves doesn't change the price. If the price of oil goes to $125 a barrel, and China owns a field in Sudan, the price for them is still $125.”
“The U.S. economy is a very strong economy; if there is a sudden cutoff of Saudi oil, and Americans suddenly have to pay a lot more to get gasoline, we'll do it.”