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We will work to bring an element of stability to the price of oil.

Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we have to slow the growth of U.S. oil consumption, particularly imported oil consumption.

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

We need a reasonable price where producers will not start nagging. At a reasonable price, we can invest to produce more oil.

My hope is that we continue to do an even better job in terms of our nation's energy policy, so that we may even further reduce our reliance on foreign sources of oil and take better care of our environment in the process.

I don't think we're going to see the price of oil going down in the near future, that's the reality.

As long as the United States - and the world - gets its oil from the Middle East, we will be drawn into the endless crises that seem endemic to the region. American energy independence would not only liberate us, it would also drive down the worldwide price of oil.

We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.

Well, for starters, we have to do more to create demand for new technologies that can reduce our dependence on foreign oil and environmental degradation.