Sentences with phrase «higher oil and gas prices»

I remember when high - level clowns in the Bush administration were pointing to the decline in carbon emissions in the mid-2000s, but of course not taking credit (or blame) for the higher oil and gas prices that most agreed lay behind those declines.

Higher oil and gas prices and the company's reduced costs have spurred a jump in cash flow for this producer.

«Shell's strong earnings this quarter were underpinned by higher oil and gas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statement.

March 31, 2011 • High oil and gas prices are emerging as a big issue in the 2012 presidential campaign.

Not exact matches

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..

All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

With oil prices climbing and demand high, drivers are paying more to fill their gas tanks than they have in three years.

BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.

With high oil prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear in the wake of the Fukushima Daiichi disaster, with coal hampered by looming emissions caps, unexpectedly abundant gas seems poised to fill the energy void.

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.

May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.

July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.

Economists agree externalities should be priced into the market; they agree that it is demand for oil and gas that is inflating the value of our dollar; they agree that a high dollar hurts exports.

Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.

Similar to some oil and gas companies, many coal miners accumulated major debt loads when prices were high and demand seemed sustainable.

We tackle a host of news items in Oil and Gas including; British Columbia halts development of the TransMountain pipeline, consumers face high prices at the pumps, and China's new intelligent highway will be able to charge electric vehicles as they...

So, Canadians are both paying higher gas prices as a result of higher world oil prices and getting less for their oil production as a result of the depressed regional oil prices in the Midwest.

For decades, we have been living off unsustainably high commodity prices, particularly for oil and gas, at the expense of innovation and global competitiveness.

Both Canada and Norway have benefited from higher world energy prices, but the oil and gas sector accounts for a much larger proportion of the economy in Norway.

The price of a gallon of gas reached a three - year high last week and is poised to climb even higher in the next couple of weeks, thanks to rising oil prices and seasonal trends.

Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.

As the biggest station operator and supplier of natural gas for transportation in the U.S., the company should benefit from higher oil prices and more focus on reducing emissions likely to drive many truck operators to consider this new engine.

Reuters News PE Hub — IPO (Canada) Higher oil prices and a positive earnings outlook for energy companies are expected to fuel a rebound in North American oil and gas initial public offerings in 2018, with bankers betting investors -LSB-...]

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.

This divergence in oil and gas prices is quite rare however, normally the two are closely correlated, with high gas prices usually occuring inline with high oil prices and vice versa.

The knee - jerk reaction of many Canadians, including Industry Minister Tony Clement, is to assume that high gas prices and inflated profit margins are likely to be explained by collusion among the big oil companies to fix prices at higher than acceptable levels.

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.

Combination of economic trends and policies Still, for now an array of Obama administration actions and economic trends are conspiring to cut emissions, according to EIA: Americans are using less oil because of high gasoline prices; carmakers are complying with federal fuel economy standards; electricity companies are becoming more efficient; state renewable energy rules are ushering wind and solar energy onto the power grids; gas prices are competitive with coal; and federal air quality regulations are closing the dirtiest power plants.

Yet the practice is widespread, in part because oil prices have been much higher in recent years and because it is hard to find new multimillion barrel reservoirs these days, especially in the picked over U.S. Denbury, based in Plano, Texas, controls more than 1,000 miles of CO2 pipelines and has published reserves of 17 trillion cubic feet of the greenhouse gas, used to pump more than 70,000 barrels of oil a day.

Crude oil and retail gas hit record high prices last week — more than $ 135 a barrel and $ 3.83 for an average gallon of regular.

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.

Higher gas prices keep people on the job The oil and gas industry is big business in the U.S.; the American Petroleum Institute predicts that the number of jobs in the sector will increase by 1.3 million through 2030.

In states like Alaska and Texas, where the oil industry takes center stage, high gas prices keep the wheels turning smoothly.

The volatile nature of commodity prices adds to the risk of stocks and funds in this category, which invest in higher risk, less liquid stocks, such as small oil and gas companies and junior miners.

Even though oil prices have moderated recently, there is concern that the Fed is ignoring overall inflation because prices for gas and many food items are noticeably higher to many consumers.

The problem is, inflation and high commodity prices — including oil and gas prices — tend to feed on each other in a vicious circle: people stock up on commodities to hedge against inflation, which leads to even higher prices, and thus inflation continues to rise.

During 2008 the company benefited from high spot prices for oil and natural gas as well as a contraction in rig count within the GOM.

«They are liquid in that there is a real market, current commodity prices notwithstanding, for high - quality proved reserves of oil and gas.»

Needless to say, higher prices do wonders to the profitability and cash flows of oil and gas companies.

Albertans in particular have been hit the hardest with commodities, oil and gas stocks collapsing to 2008 financial crisis levels, real estate prices stagnating while the rest of the country tests new all - time highs, and now two impending tax increases thanks to those voting for change in the provincial and federal elections.

And we're talking about an unconventional oil & gas project here, and a farm - out deal signed literally a month before the oil price collapse (in mid-2014)-- today, we're in a horrible environment, with resource companies (large & small) slashing expenditures simply to survive, and focused solely on their lowest - cost / highest - probability prospecAnd we're talking about an unconventional oil & gas project here, and a farm - out deal signed literally a month before the oil price collapse (in mid-2014)-- today, we're in a horrible environment, with resource companies (large & small) slashing expenditures simply to survive, and focused solely on their lowest - cost / highest - probability prospecand a farm - out deal signed literally a month before the oil price collapse (in mid-2014)-- today, we're in a horrible environment, with resource companies (large & small) slashing expenditures simply to survive, and focused solely on their lowest - cost / highest - probability prospecand focused solely on their lowest - cost / highest - probability prospects.

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..

Still, people have been saying for a long time that we need a higher gas tax to pay for our crumbling infrastructure, and the recent nose - dive in oil prices might provide the perfect opportunity to phase in a higher tax rate without breaking anyone's bank.

But that is fine, I will just drill more oil / gas wells on my little lease because these policies simply ensure high and higer prices.

The urgency has ramped up as other countries have pushed ahead to file their seabed claims under the treaty, as high energy prices have propelled new plans to seek some of the huge deposits of oil and natural gas that geologists say are probably sitting up north, and as tourists are heading north in fast - growing numbers.

(There's no infrastructure for storing or transporting the gas and the oil is the quarry, given its much higher price.)

Here's a solution: All the sovereign States with gas, oil, and coal reserves, can use their sovereign power to simply clamp down on production, driving FF prices higher, and achieve the Nirvana New Energy Future as rapidly as is physically possible.