Sentences with phrase «budget forecasted oil»

Last year's budget forecasted oil at $ 67 per barrel (WTI) for 2016.

Not exact matches

I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.

One of the first things I look for in any budget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price forebudget are the economic projections, particularly after Budget 2015 contained wildly optimistic oil price foreBudget 2015 contained wildly optimistic oil price forecasts.

First, an overly aggressive oil price forecast implied that Alberta's budget targets were reliant on oil prices exceeding market expectations and instead oil prices fell below expectations.

In the graph below, you can see that we may be in line for more of the same, unless the market is wrong about oil futures, since the Budget 2013 WTI forecast again lies above the futures price.

One possible fix: Finance Minister Joe Oliver might simply forecast a sufficient oil - price rebound in his budget, knowing whether or not he got it right won't be evident until months after the election anyway.

The World Bank report noted that the resulting forecasts form basis for budget planning, adding that «these forecasts are frequently inaccurate, often by wide margins; ideally, oil - revenue projections should err on the side underestimation, as overestimating future revenues can disrupt investment execution and undermine debt sustainability.»

United States Air Force (Al Dhafra Air Base, United Arab Emirates) 2008 — 2009 Operations Manager / Resource Advisor • Serve as Programs Flight Chief of the 380th Equipment Maintenance Group responsible for $ 3M budget • Plan, direct, and oversee three operation cells dealing with emergency management • Categorize, prioritize, and communicate all incidents including base attacks, and disasters to the Emergency Operations Cell • Dispatch quick reaction forces and Emergency Response teams to breaches in security and to treat wounded personnel • Negotiate and execute $ 3,000,000 paint contract with three one year renewal options • Perform contract surveillance on paint / mezzanine contract for back shop operations • Establish Indefinite Quantity purchase of aircraft synthetic oil and sole sourced supplies to ensure fleet health • Target high use supply items, forecast consumption rates, and prevent loss of production do to non-availability