James Buchan Quotes

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There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.

Tags: | James Buchan,Oil,Find,Selling,

For all their current prestige, Osama bin Laden and the suicide bombers are still regarded in all but the most desperate districts of Gaza or Peshawar as romantics with little chance of more than symbolic victories, however bloody and brutal. That gives both the Middle East and the West a small and distant hope of security.

Tags: | James Buchan,Hope,Suicide,Small,

Nature is not simply a technical or economical resource, and human beings are not mere numbers. To suggest that one can somehow align all the squabbling institutions of science, environmental management, government and diplomacy in an alliance of convenience to regulate the global climate seems to me optimistic.

Tags: | James Buchan,Nature,Science,Government,

Financial crises are like fireworks: they illuminate the sky even as they go pop.

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For 50 years, nuclear power stations have produced three products which only a lunatic could want: bomb-explosive plutonium, lethal radioactive waste and electricity so dear it has to be heavily subsidised. They leave to future generations the task, and most of the cost, of making safe sites that have been polluted half-way to eternity.

Tags: | James Buchan,Power,Nuclear Power,Want,

In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.

Tags: | James Buchan,Eyes,Imagination,World,

Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929.

Tags: | James Buchan,Great,Fall,Financial,

In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.

Tags: | James Buchan,Future,Eyes,World,

Is there any purpose to translating poetry? A poem does not contain information of importance, like a signpost or a warning notice.

Tags: | James Buchan,Purpose,Information,

James Buchan

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