"The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent"
About this Quote
Then he pivots to the real payload: dependency. “62 percent” is engineered to sound like vulnerability, even before he uses the word. “Foreign sources” is deliberately unspecific, letting listeners fill in the blank with whatever geopolitical anxiety is most vivid in that moment - the Middle East, unfriendly regimes, shipping lanes, war. It’s less an energy statistic than a prompt for national unease.
The projection to “75 percent by 2010” adds a deadline, which is how policy arguments get oxygen. Forecasts are never neutral in politics; they create urgency without having to prove causality. Miller isn’t just describing trends, he’s building a case for intervention: drill more at home, diversify energy, open new leases, expand strategic reserves, or justify tougher foreign policy. The subtext is that the free market sets the price, but the nation must reclaim control over the supply.
Context matters: this kind of language thrives when gas prices are salient and post-9/11 security thinking bleeds into energy talk. The numbers are the hook; the emotion is sovereignty.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Miller, Gary. (2026, January 17). The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent. FixQuotes. https://fixquotes.com/quotes/the-price-of-crude-oil-accounts-for-55-percent-of-51723/
Chicago Style
Miller, Gary. "The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/the-price-of-crude-oil-accounts-for-55-percent-of-51723/.
MLA Style (9th ed.)
"The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/the-price-of-crude-oil-accounts-for-55-percent-of-51723/. Accessed 12 Feb. 2026.