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Oil prices have certainly become a threat for the world economy.

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

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.

Global crude oil demand is increasing, particularly in places like China.

I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.

The rise in world oil prices has been larger than anyone forecast.

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.

The more we are consuming oil that either comes from places that are bent on our destruction or helping those who are... the more we are enabling those who are trying to kill us.

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

We need to break our dependency on foreign sources of oil, which leaves us at the mercy of foreign powers. To do that, we should increase domestic energy production.