Sentences with phrase «high oil prices make»

High oil prices make Asia pursue green energy September 9, 2005 For energy - hungry Asian governments, the answer could literally be blowing in the wind.
High oil prices make Asia pursue green energy High oil prices make Asia pursue green energy By David Fogarty Reuters September 9, 2005 For energy - hungry Asian governments, the answer could...
Recent reports indicate that there is much more gas and oil around the UK (more than we have used already) now that higher oil prices make recovery of it more economic We are also getting better day by day at producing energy from other sources and reducing the energy we need for specific functions.

Not exact matches

Royal Dutch / Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its third year.
«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.
If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.
That means there's a new higher floor under oil prices as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant supply disruption.
In this case, the Saudi leadership is highly incentivized to get oil prices higher, making it a tough fight for the bears in the market, for now.
Expensive oil made sense only because of the longest period ever of high oil prices in real dollars from late 2010 until mid-2014.
Meanwhile, the never - ending Middle East conflicts support high crude prices, which makes it feasible to produce shale oil in the US.
The recent surge in growth in North American non-conventional oil production, whether it's light oil from North Dakota or the heavy stuff that comes out of Alberta's oil sands, is made possible by high oil prices, which are in turn linked to world demand remaining robust.
Their sample included a lot of small OPEC countries, who necessarily had high growth and low interest rates when oil prices were high, as well as a lot of Asian countries that followed the Japanese development model and themselves practiced financial repression, which of course made them pretty useless as points of comparison.
The example of crude oil alone shows how the U.S. makes money by buying a product from its NAFTA partners, processing it, and selling the finished product at a higher price.
Santos chairman Keith Spence said the substantial rise in the oil price since US predator Harbour Energy made its indicative buyout overtures will need to be reflected with a higher proposal if it makes a firm and binding bid after due diligence is finished in the next two weeks.
But the uniqueness of the business model, the hidden value of the land on the books and the incremental benefit shareholders receive from higher oil and gas production and prices make it worth writing about.
That rise is made worse by the depreciation of the US dollar (in contrast to the case for Australians, who at least have had the benefit of a high Australian dollar in dampening the rise in oil prices).
Headline inflation appears set to creep higher as a rebound in oil prices makes the year - on - year change in consumer prices look increasingly favorable.
Prices for oil have levelled off for now, but if they dropped much more then many higher cost oil producers would cut production because there's no profit to be made.
I also want to address a core argument made by proponents of the Trans Mountain pipeline, namely, that Alberta and Canada need more access to «tidewater» in order to capture a higher international price for oil, and thus increase public returns.
«It seems reasonable to assume that another year of extreme moves in US dollar (higher) and oil / commodity prices (lower) would likely continue to drive this negative feedback loop and make it very difficult for policy makers in emerging markets and developing markets to fight disinflationary forces and intercept downside risks,» the analysts add.
Oil companies would rather be losing money on the trades and making money selling crude at higher prices, Kilduff said.
We have also worked with these communities to diversify into non-timber forest products that fetch higher prices, such as mangoes that are made into pastes and nuts that are processed into oil and body soaps.
«If they had used 50 % of the money we made, when oil prices went as high as $ 143 dollars per barrel, and stabilized at $ 100 dollars with production at 2.1 million barrels per day for many years, Nigerians would have minded their businesses.
«The Vice President also made the point that in 2014 with oil prices as high as 120 dollars per barrel, the total capital released for Power, Works, Housing, Defence, Transport, Agriculture and Defence were just N152Billion for the whole year.
Oil companies need higher prices, a lot higher, and they need to be sure that ANWR will be open long enough at a high enough price to make it worth their while.
The decision comes after sustained pressure from motoring groups and backbench Conservative MPs, who have argued that the high oil prices of the past few years were already making driving prohibitively expensive.
«If they had used 50 per cent of the money we made when oil prices went as high as $ 143 per barrel, and stabilised at $ 100 with production at 2.1 million barrels per day for many years, Nigerians would have minded their business.
While the measure is unlikely to make it through the divided Congress to become law, Democrats hope to score politically with voters frustrated by a confluence of deep budget cuts in Washington, sky - high prices at the gas pumps, and staggering profits on the oil giants» bottom lines.
If oil prices remain high and governments make progress on their emissions goals, there's a possibility that the world has already hit peak oil, and that the next few years will see its use plateau for a while before dropping again.
Nathan says high prices have made it increasingly economically viable to extract more unconventional forms of oil, in particular the asphaltlike tar sands (also known as oil sand, or extremely heavy crude oil) plentiful in northern Alberta, Canada.
Consumers will pay higher prices for palm oil made by companies that help to protect endangered species, finds a new study by North American and U.K. researchers.
The study, which involved experiments in supermarkets, shows that the higher prices consumers were willing to pay for conservation grade palm oil — akin to Fair Trade programs — more than made up for companies» costs of providing conservation land.
If the price tag is too high, try The Ordinary — this company makes a plant - derived squalane oil for under $ 10.
Instead of buying them, I made them for a fraction of the price using herbs I grew in my own garden and a high quality, vetted / certified olive oil (like this one).
Then there's the low price of oil, and the typically higher price for a gallon of diesel fuel versus a gallon of gas, which Nicholson acknowledges can make diesels a tough sell in our market.
Miller said the subprime debacle, rising unemployment, record - high oil prices, and now CDS market troubles «have all the makings of the perfect storm....
The price that you can sell your oil for is high enough that you make some cash over your variable cost.
It is priced sufficiently cheaper than other hemp oil products specifically formulated for dogs, making it exceptionally appealing for those who are looking for a high - quality and safe yet affordable product they can give to their pets.
The prices are high but the range of leisure facilities, stylish rooms and well - oiled efficiency that you will find surely makes it worth the cost for those who expect the best.
The prices are high but the range of leisure facilities, stylish rooms and well - oiled efficiency that you will find surely makes it worth the cost for those who expect nothing but the best.
10 years ago no one ever thought of making an alternative fuel vehicle because gas prices and the cost to change a car's engine keep the overall cost of acceptance too high, but now, as oil and gas prices skyrocket, they're beginning to seep into the awareness of the general public..
I think that oil price high make countries to think producing at local is good thing.
The best way to make this happen is to let high oil prices drive new technology.
After all, while growing food near to where it is consumed may make sense from an ecological perspective, we can't ignore the sky - high cost of real estate in New York, combined with the ridiculously low price of oil.
And we would eventually get some good return from the higher prices we would pay, rather than to just make the oil companies and other nations richer.
The Carbon Tracker Initiative, which first coined the term the «carbon bubble», foresaw last year that any oil price slide would make many unconventional and high - cost oil projects uneconomic and risked wasting huge piles of investors» cash.
«We make (our product) with electricity, we bake it with gas, we refrigerate and freeze it with electricity and we distribute it with gas and oil,» said McArthur, who said he worries that high prices could cost his company up to $ 15,000 a year in an industry with a very tight margin for profit.
The only qualification I'd make is that you need a fairly hefty tax on petrol, or the return of high oil prices, to induce the shift to electric vehicles you envisage.
The oil industry didn't make much noise about the Sierra Club campaign — after all natural gas prices were low and oil prices were high.
Natural gas prices will likely rise, making the costs of production higher and, according to the recent PWC report, shale oil may depress world crude prices over the years to come.
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