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Peter DeFazio Quotes: The crude oil market, unlike every other commodity in America, is virtually unregulated.
         

The crude oil market, unlike every other commodity in America, is virtually unregulated.


Peter DeFazio
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"Peter DeFazio Quotes." Quoteslyfe.com, 2024. Fri. 26 Apr. 2024. <https://www.quoteslyfe.com/quote/The-crude-oil-market-unlike-every-other-950910>.





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Other quotes of Peter DeFazio


Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.



The U.S. must renounce any U.S. interest in constructing permanent U.S. military bases in Iraq.

The U.S. must renounce any U.S. interest in constructing permanent U.S. military bases in Iraq.



About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.

About 75 percent of the crude oil marketed here is sold off the books, and they are doing trades that would be illegal if it was a regulated market, and of course they do not want to regulate it.



In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.

In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.



The U.S. cannot force Sunnis, Shias, and Kurds to make peace or to act for the common good. They have been in conflict for 1,400 years.

The U.S. cannot force Sunnis, Shias, and Kurds to make peace or to act for the common good. They have been in conflict for 1,400 years.



It was Osama bin Laden and al-Qaeda who attacked the U.S. on September 11, 2001, not Saddam Hussein and Iraq.

It was Osama bin Laden and al-Qaeda who attacked the U.S. on September 11, 2001, not Saddam Hussein and Iraq.



Even the majority of the Sunnis have grown tired of foreign terrorists operating in Iraq.

Even the majority of the Sunnis have grown tired of foreign terrorists operating in Iraq.



There is no free market in oil.

There is no free market in oil.



Insecurity is failing the American people miserably.

Insecurity is failing the American people miserably.



Given the large size of the illegal harvest, ... I find it difficult to understand how this could have been a casual oversight.

Given the large size of the illegal harvest, ... I find it difficult to understand how this could have been a casual oversight.





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Death is easy. To live is the most painful thing I could imagine and I'm weak and no longer willing to fight.



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It should be easy for a man who's strong to say he's sorry or admit when he's wrong.



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To me, meditation is simply silencing or focusing the mind.



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It's important to adhere to the principles of a large group of people that truly believe these principles, and if they believe them, then that's good enough for me.



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I wanna explain something about the title 'Yeezus', simply put 'West' was my slave name and 'Yeezus' is my God name.



There'll be two dates on your tombstone and all your friends will read 'em but all that's gonna matter is that little dash between 'em.

There'll be two dates on your tombstone and all your friends will read 'em but all that's gonna matter is that little dash between 'em.




Quote Description


This page presents the quote "The crude oil market, unlike every other commodity in America, is virtually unregulated.". Author of this quote is Peter DeFazio. This quote is about oil, commodity, america, crude,.