Sentences with phrase «because global oil»

Because global oil demand is increasing, declining production will soon generate high energy prices, inflation, unemployment, and irreversible economic depression.

Not exact matches

Lewenza thinks oil prices will bounce back, mostly because global demand growth will resume.

«The oil companies knew from 1959 on, they did their own study that there would be global warming happening because of fossil fuels, and on top of it that it would be risky for people's lives, that it would kill,» Schwarzenegger said in the podcast.

The phase change occurred also because of a profoundly weakened global economy and lower demand growth for oil.

But because oil prices have tanked so much and they're thought to be set on global markets — so not really under the Fed's control — recently they've been targeting the core PCE (sans energy and food prices).

The Finance Minister stated that he had postponed the budget because he needed more time to better understand prospects for the global economy and the outlook for oil prices.

The stronger forecast is notable not just because it puts oil demand growth at its hottest in a long time, but also because the IEA essentially shrugged off any lingering effects from the storms in the U.S., concluding that the «impact on global markets is likely to be relatively short - lived.»

But for now, our working assumption is that global oil demand could be reduced by at least 600,000 bpd in September because of the two hurricanes.

That is because the global glut in oil supplies loom larger than any potential for a supply disruption.

It ended disastrously because his government allowed Big Oil to make the government the scapegoat when oil prices dropped in response to global market forcOil to make the government the scapegoat when oil prices dropped in response to global market forcoil prices dropped in response to global market forces.

Crude oil prices are lower in part because markets are oversupplied at a time when global economic growth is weak.

As I said then, I'm bullish because the purchasing manager's index (PMI) is up and oil prices are down, thanks to the ingenuity of Texas fracking, which has created a global peace tax break.

«It is a global cause, because in the Malvinas they are taking our oil and fishing resources.

Udoma also stated that the FEC was also projecting a «conservative» $ 38 crude oil price because of the declining global oil price.

«Malvinas is not an Argentine cause, it is a global cause, because in the Malvinas they are taking our oil and fishing resources,» Ms Kerchner told a Mercosur summit before the move was agreed.

it would be more inresting when we invent something new like car runs onbiofuel instead of oil and gas because it save lot of sphere above the earth surface and also help from the global warming

Interest in hydrates has skyrocketed in recent years because global deposits are thought to harbor more fuel energy than all the world's coal, oil and natural gas reserves combined.

Known for its beauty and also as an important source of food, the sunflower is a global oil crop that shows promise for climate change adaptation because it can maintain stable yields across a wide variety of environmental conditions, including drought.

Government officials also argue that even if Singapore stops building oil refineries, it would not make a big difference in combating global warming because the country accounts for only 0.11 percent of global emissions.

For every barrel of extra oil obtained from tar sands as a result of the pipeline, global oil consumption would increase by 0.6 barrels, because the extra oil would lower oil prices and encourage people to use more.

If such developments were to occur elsewhere, either because of shale gas or the advent of a truly global natural gas market, then, according to our analysis, this could have a major impact on the use of different fuels — oil, gas, coal, renewables, and nuclear.»

Because oil and gas are so intertwined with the rest of the energy system and global economy, measuring the net impacts of different price futures presents a challenge.

Exactly 50 years later, crude oil production peaked at 70 mb / d, and because it then made up the bulk of oil supply, this caused the temporary plateau of global oil production that helped pitch the global economy into recession.

Re the cost of flying, there are lots of assumptions around because of different ways of using or ignoring a 1999 report on aviation's role in global warming [Aviation and the Global Atmosphere] for the Intergovernmental Panel on Climate Change — the effects of flying are much worse than would be predicted by just burning thglobal warming [Aviation and the Global Atmosphere] for the Intergovernmental Panel on Climate Change — the effects of flying are much worse than would be predicted by just burning thGlobal Atmosphere] for the Intergovernmental Panel on Climate Change — the effects of flying are much worse than would be predicted by just burning the oil.

In its latest rate announcement, the central bank said Wednesday it stuck with the rate because the evolution of oil prices as well as the global and Canadian economies had largely unfolded in line with its projections.

While Canadian banks are being dragged down by worries over the global credit crunch, and oil companies have tumbled because of falling oil prices, all these companies should be fine in the long run.

Because of dramatic job losses due to declines in global oil prices, this Budget proposes legislative changes to extend the duration of EI regular benefits by five weeks, up to a maximum of 50 weeks of benefits for anyone living in a resource - dependent region.

But if the ability to export oil and LNG is expanded, it may not mean so much to the chemical companies, because they will have to pay the global price, net of transportation cost differentials.

Domestic oil prices trading at a steep discount to global benchmarks because of pipeline limitations, and the uncertainty overhang from NAFTA negotiations alongside the risk of steel and aluminum tariffs (Canada is the world's largest supplier of both metals to the U.S.) has restrained investment activity.

«Tea Tree Oil is used as a natural cure for a number of conditions because it's inexpensive, non-toxic and can be used on both people and pets,» says Marshall Pet Products» global marketing manager Linda Cope.

I've said countless times that peak oil and global warming are imminent and extremely serious problems, and yet people keep assuming that because I'm not predicting the fall of modern civilization in 10 years that I think it's all not that big a deal.

Because oil under girds the world economy, oil depletion will result in global economic collapse and population decline.

When gas prices finally did fall, it was mostly because the global recession had led to less demand for oil.

I find that even some of my most informed friends, people who explain to me what really happened with various space and aircraft disasters based on their own critical review of the available information on the subject, have problems discussing topics like global climate change, the end of oil as a fuel, because they haven't even asked some obvious questions, much less done any research.

We present the first global analysis of the costs of abating the estimated 76 million tonnes of methane emitted worldwide each year in oil and gas operations, which suggest that 40 - 50 % of these emissions can be mitigated at no net cost, because the value of the captured methane could cover the abatement measures.

GLF maintains that this is silly logic, because once the false complacency of global oil spare capacity is uncovered for the illusion that it is, a rebound in crude prices will force the NDRC to revise base fuel prices up, breaking its promise to riders.

Oil consumption in the Middle East has grown nearly 4 times faster than the global average, partly because subsidized gasoline is so inexpensive.

It goes like this: The good scientists agree that global warming is human induced and would be addressed if America ratified the Kyoto global warming pact, while bad heretical scientists question climate models that predict Armageddon because they are venal and corrupted by oil money.

The public has known for decades of the link between burning fossil fuels and global warming, yet society has continued to use oil and natural gas because there are still no alternatives that match their low - cost, their energy density, and their dispatchability.

If, as Brulle declares, these groups are all «fronts» (his word) for oil, gas, and goal companies, those carbon - fuel companies are more devious than we thought, because they managed to completely take over, and turn to their advantage, national organizations with long histories like the Chamber of Commerce, the Farm Bureau, and the Heritage Foundation — major national organizations that were advising Presidents long before Global Warming / Climate Change was ever heard of.

[32] It is significant for the global energy market because it may hold 25 % or more of the world's undiscovered oil and gas resources.

The U.S. is now a global oil and natural gas superpower — not because of biofuels, but through investment in the oil and gas industry and increases in domestic production.

UBS analysts say utilities in Europe need to shut down 30 % of their gas, coal, and oil - fed power capacity by 2017, not to fight global warming, cut pollution, or cut fuel imports, but because renewable energy is pushing fossil fuels off the grid.

He's the snake oil salesman who said that the CRU emails «had no effect on science» because he is fully at ease with corruption of data in his screaming global warming doom mongering, kept in his position by his anti coal nuclear interests.

With enhanced domestic and Canadian production, the country would achieve a certain energy independence: If the world oil market were to collapse because of a global war or another catastrophe, America would maintain access to its energy resources, though they could be much more expensive.

Global oil demand continues to grow until 2040, mostly because of the lack of easy alternatives to oil in road freight, aviation and petrochemicals, according to WEO - 2016.

Because oil is a global fuel, our solution must spread internationally or we'll just transfer the fossil fuel risks to the air, water and economies at locations from which they will still threaten everything that lives on our planet.

I was very skeptical of Catastrophic Anthropogenic Global Warming (though not the possibility of some AGW) from the moment I heard about it as a major political movement, because it «smelled» to much like the Alarmist «Population Bomb» and «Peek Oil» movements, and was being pushed by many of the same kind of people.

At the new conference, both stressed that this would be in the funds» financial interests, both because energy companies have been underperforming compared to market indices and because any substantial global action to limit climate change could prevent the companies from exploiting all of their oil and gas reserves.

From the article:... Two Texas A&M University scholars are calling for an end to the U.S. oil export ban because it penalizes domestic crude producers, hurts the global economy and harms American interests abroad.