Sentences with phrase «oil power of»

Not exact matches

Steven Cook, senior fellow for Middle East and Africa Studies at the Council on Foreign Relations, said higher oil prices lessen all the worries from 2015 and 2016 about the Saudi government's ability to maintain its commitments, but the consolidation of power in the hands of the Crown Prince also is significant for the market and investors as his reform program is widely regarded as critical for Saudi Arabia's future prosperity.

Ongoing drought, political mismanagement, and a drop - off in oil revenue have driven shortages of essentials like power, water, and medicine.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

But the world has changed a great deal since the height of OPEC's power in 1979, when member nations accounted for 50 % of global oil production, compared with less than one - third today.

It's often said that cheap oil will not hurt the rise of renewables like solar because oil is used mainly to power things like automobiles, while renewables are mostly used for electricity generation.

Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.

The ramifications of the dollar - denominated oil trade are immense: Because oil is priced in dollars, there is huge demand for dollars, lending the U.S. economic and strategic power.

That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.

So while the impact on Climate Change of the electric car may not be all its visionaries claim, the alternative of a world powered by coal and oil is — particularly for the populations of China's and India's cities — unthinkable.

A number of coal - and oil - fired power plants will likely be retired, and while Virginia's four existing nuclear units will remain in use, plans for a fifth reactor remain shelved, for now.

Saudi Arabia used to be a quiet giant in the Middle East, more than happy to be the world's largest source of oil, minting petrodollars and spreading the wealth, internally, to keep the powers that be in charge and the populace placated.

Haftar's potential death could mean a renewal of violence and a power struggle that could hit the OPEC country's oil output.

The Saudi - led Organization of Petroleum Exporting Countries (OPEC) will meet Thursday to work out a plan to cut global oil supplies and boost prices, but OPEC member Iran has an incentive and the power to screw the whole plan up.

Among them, power generation issues had a total return of 23.1 %; pipelines, 34 %; business trusts, 3.2 %; REITs, 24.6 %; oil and gas royalty companies, 12.0 %; and funds of trusts, 3.9 %.

The natural gas plants are necessary partly because of expected load growth, partly because of the intermittent nature of solar power and partly because of the planned retirement of around 3,000 megawatts of generation powered by less efficient coal and oil plants, he said.

As detailed in the first three installments of Power Shift, an NBC News / CNBC special report, the United States is experiencing an energy boom created by new drilling technologies that have unlocked vast domestic oil and natural gas reserves.

The Saudi government wants nuclear power to free up more oil for export, but current and former American officials suspect the country's leaders also want to keep up with the enrichment capabilities of their rival, Iran.

Like Standard Oil, they have the power to wring enormous advantages from the internet service providers, to the detriment of smaller competitors.

Rogers said he thinks that energy in 2039 will be a dynamic mix of coal, solar, wind, gas, nuclear and oil, with no one power source dominating.

Combined with renewables — which Macaulay expects are unlikely to generate more than 20 or 30 percent of global power supply — he thinks gas will continue to gain share as the use of oil declines.

Instead of a world dominated by renewable sources of power like wind and solar — as people concerned about the dangers of climate change would hope — PE execs see gas, oil and even coal as a substantial component of electricity and fuel sources in 2039, according to recent interviews conducted by CNBC.com on the future of energy as part of CNBC's 25th anniversary.

For nearly a century, the Kingdom of Saudi Arabia has relied on the country's expansive oil reserves to power its economy.

That power squarely rests with oil - rich nations that hold most of the world's oil reserves and the Wall Street banks and hedge funds that speculate and make markets in the oil trading game.

A short video from one female executive won't change that, but hopefully a lot more women in positions of power and a growing awareness that burning the midnight oil takes a serious toll on families, relationships and even individuals (not to mention a more equitable sharing of housework and childcare between the sexes) will slowly make it safe for more of us to say to our bosses — or admit to ourselves — what Sandberg has just said publicly.

Changes in power costs due to falling oil prices, meanwhile, can vary considerably by market and region, and, in many markets, gasoline prices are so inflated by taxation that the impact of lower oil prices for consumers is considerably dampened.

Despite being one of the world's sunniest countries, Saudi Arabia does not generate much power from solar, which makes up just a marginal amount of its largely oil - fired power production.

As the world's largest consumer of crude, China seeks to gain some pricing power in the trillions of dollars of oil that are traded every year around the world.

This resulted in a range of policies — from the Clean Power Plan to methane regulations for oil and gas drilling — that now face uncertainty or complete rescindment.

with carbon pricing and other measures, including eliminating coal - fired power plants, cutting methane emissions from the oil industry, and making cleaner fuels, Canada will still be 90 million tonnes shy of its international emissions targets set in 2015 under the Paris agreement

Canadians did not vote to see government power used to carry out a mandate written by the oil patch in the interests of a single province.

Oil sands players, as well as U.S. producers in North Dakota, have been clamouring for pipeline approvals, claiming that all of the political foot dragging around pipeline projects weakened pricing power and critically hampered their operations.

And while some Canadian companies are finding success in clean solutions — Vancouver's Ballard Power is fresh off a record year for revenue — others, notably in Canada's oil patch, are at risk of falling behind.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

Now I read, again, how inflation is induced by high oil prices and I have to wonder, what happens as oil becomes rare, what will the Fed do when hiking rates does not improve the purchasing power of the dollar?

President Obama called it «a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.»

For instance, the criminal case against former minister of economic development Aleksey Ulyukayev — initiated in 2016 by Igor Sechin, head of the state - owned oil company Rosneft — was evidently part of Sechin's struggle against Prime Minister Dmitriy Medvedev's government over power and resources.

Our petro - industrial civilization produces and consumes a seemingly diverse suite of energies: oil, coal, ethanol, hydroelectricity, gasoline, geothermal heat, hydrogen, solar power, propane, uranium, wind, wood, dung.

That's how much the power - to - airport - services group's stock plunged after the loss of fuel - oil contracts led it to slash the dividend and put assets up for sale.

Darin Kingston of d.light, whose profitable solar - powered LED lanterns simultaneously address poverty, education, air pollution / toxic fumes / health risks, energy savings, carbon footprint, and more Janine Benyus, biomimicry pioneer who finds models in the natural world for everything from extracting water from fog (as a desert beetle does) to construction materials (spider silk) to designing flood - resistant buildings by studying anthills in India's monsoon climate, and shows what's possible when you invite the planet to join your design thinking team Dean Cycon, whose coffee company has not only exclusively sold organic fairly traded gourmet coffee and cocoa beans since its founding in 1993, but has funded dozens of village - led community development projects in the lands where he sources his beans John Kremer, whose concept of exponential growth through «biological marketing,» just as a single kernel of corn grows into a plant bearing thousands of new kernels, could completely change your business strategy Amory Lovins of the Rocky Mountain Institute, who built a near - net - zero - energy luxury home back in 1983, and has developed a scientific, economically viable plan to get the entire economy off oil, coal, and nuclear and onto renewables — while keeping and even improving our high standard of living

It could also increase Beijing's bargaining power to convince Aramco to accept yuan payments for its oil instead of U.S. dollars, as China is trying to make its currency a global one.

I suspect that the people with power to make relevant decisions are already fully aware, and those that don't know about the environmental impact of the oil sands can't do much (anything) about it.

As such, it's not at all clear that the Province has the right to enact the powers it is attempting to here over refined products, although it clearly does have the broad power to restrict exports in the case of crude oil, synthetic crude oil, and bitumen and other resources.

The powers conveyed by Bill 12 are much broader than that: since these proposed licenses could be instituted such that they are only required by certain firms, the Minister could stipulate that a particular oil company was no longer able to export crude - by - rail (the method of export) to BC (the point of export), for example.

This isn't a matter of collusion or market power, it's simply a matter of a broad market for refined products not affected in the same way by pipeline shortages and transportation bottlenecks which affect crude oil prices in one region but not another.

TRADITIONAL ANSWER Off - grid mines have typically bought and operated their own diesel or heavy fuel oil power generating facilities, as security of energy supply is an important factor in the mining industry

If the globally dollarized oil trade takes a hit, it means many more bad things for the purchasing power of those «dead presidents» in your wallet or bank account.

Consider GE's core markets of oil and gas, power generation, and airlines.

Transparency is key to every oil and gas investment, and it is one of the major benefits of equity crowdfunding in general that investors have the power to demand transparency.

But when higher oil prices really pull into port, the ripple effect of inflation across every part of the economy will weaken the dollar's purchasing power.

There are hundreds of volunteers all over B.C. who continue to organize one another and build capacity to stop Big Oil and put decision - making power back into the hands of everyday people.