Political Quotes

Robert Gates: “Every time the price of oil goes up by one dollar per barrel, it costs us about $130 million.”

On the recordDecember 31, 2007
Every time the price of oil goes up by one dollar per barrel, it costs us about $130 million.
Said by
Robert Gates
Republican · Texas

Editor's note · Context

Gates highlights the financial impact of rising oil prices on the DOD budget.

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