John Felmy Quotes

It was a mistake then, and it is still a bad idea. It drained $79 billion from the industry and reduced the rate of return for producing oil in this country.

- John Felmy

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Mistake | Idea | Drained | Billion | Industry |

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That would be the stupidest thing on Earth we could do. It would throw us back into the 1970s. - John Felmy

Increasing oil prices directly affects consumers. There are increases in transportation and in the cost of all other goods and services that use oil for production -- from heating a factory to building a road. - John Felmy

It's more difficult to produce because it requires heavy significant financial investment in the refineries. - John Felmy