Emergency Oil Sharing Agreements
In addition to maintaining a domestic stockpile of petroleum, several countries also have agreements to share their stockpiles in the event of an emergency.
Read more about this topic: Global Strategic Petroleum Reserves
Famous quotes containing the words emergency, oil, sharing and/or agreements:
“War-making is one of the few activities that people are not supposed to view “realistically”; that is, with an eye to expense and practical outcome. In all-out war, expenditure is all-out, unprudent—war being defined as an emergency in which no sacrifice is excessive.”
—Susan Sontag (b. 1933)
“It is wise to apply the oil of refined politeness to the mechanism of friendship.”
—Colette [Sidonie Gabrielle Colette] (1873–1954)
“Eventually we will learn that the loss of indivisible love is another of our necessary losses, that loving extends beyond the mother-child pair, that most of the love we receive in this world is love we will have to share—and that sharing begins at home, with our sibling rivals.”
—Judith Viorst (20th century)
“The Federal Constitution has stood the test of more than a hundred years in supplying the powers that have been needed to make the Central Government as strong as it ought to be, and with this movement toward uniform legislation and agreements between the States I do not see why the Constitution may not serve our people always.”
—William Howard Taft (1857–1930)