We have had seasons of plenty as marked
by the oil boom, and we have experienced lean years.
Seek out the historic heart of Dubai to browse through the souks and markets in Deira, or admire the lovely old dhows bobbing in the bay at the Dhow Wharfage to get some insight into the Dubai that existed before it was transformed
by the oil boom.
Not exact matches
Fuelled
by a low peso and cheap labour costs, Mexico's
booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low
oil prices.
Since 2011, the rail industry has voluntarily adopted tougher safety standards for all new cars, but with literally only a handful of tank car - makers in North America and a huge
boom in
oil -
by - rail shipments, demand far outstrips supply.
High - end residential property prices in Perth have weakened considerably since the iron ore construction
boom ended and
oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced
by positive changes.
The United States will overtake Russia as the world's biggest
oil producer
by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale
oil boom continues to upend global markets.
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.
She agrees that this jar,
by itself, proves nothing about the environmental impact of «fracking,» the drilling technology largely responsible for America's
boom in
oil and gas production.
In recent years, America's unprecedented
oil and gas
boom has been driven
by one factor above all others — and that's shale.
With a
booming oil and gas industry, Houston avoided much of the suffering wrought
by the financial crisis.
The push
by the U.S. energy industry into hydraulic fracking and horizontal drilling unleashed an energy
boom, making the United States the world's biggest producer of natural gas and just recently the second - largest producer of
oil, surpassing Saudi Arabia.
The cash - and - stock deal marries operations that are broadly complementary in terms of geography as well as giving Marathon extra capacity in the U.S. light crude produced
by a
booming shale
oil sector.
The recent
oil shale
boom was powered mostly
by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult projects like deep water drilling and Arctic exploration.
When the history books are written, the shale
oil «
boom» will be looked back upon as one of the bigger scams executed beautifully
by Wall Street.
The
boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and
oil extracted from North Dakota's Bakken shale formation
by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.
Today, Russia is similarly hemorrhaging capital as a result of international sanctions and crashing
oil prices, prompted
by both the American shale
oil boom and OPEC's inaction in stabilizing the commodity at last month's meeting.
Between 1971 and 1981, the time of the last great
oil boom, Alberta's population grew
by nearly 40 per cent, too.
In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S. will become a net exporter of energy
by as early as 2022, thanks in large part to the
boom in shale
oil and liquefied natural gas (LNG) production as well as the relaxation of export restrictions.
The Alberta Liberal Opposition will promote these goals
by championing fiscal responsibility and efficient, transparent government, thus bringing prosperity to Alberta that lasts well beyond the next
oil boom.
REGIONAL SUPERSECTION — SHALE
OIL BOOM RATTLES GCC ECONOMIES
By Gordon Platt As US shale
oil and gas production continues to grow, it could have an impact on GCC economies over both the short and long term.
Lying on the edge of the Amazon rainforest, the one - time backwater was transformed
by an economic
boom as the winding down of the conflict and a spike in commodity prices drew
oil companies and multinational agricultural interests to areas that were previously off limits.
The fraction of crude
oil consumed in the U.S. that was imported went from 35 % immediately before the 1973
oil crisis, peaked at 60 % in 2005, and then returned to 35 %
by 2013 [7] thanks to increased domestic production [8] from the shale
oil boom.
The Great Plains state is undergoing a
boom fueled
by fracking for
oil and natural gas.
Booms were deployed in the nearby Kanawha River to collect any leaking
oil but none was detected in water tests carried out
by local water provider West Virginia American Water.
The company said the updated figure, which BP shared with the Coast Guard and the U.S. Environmental Protection Agency, includes
oil collected
by vacuum trucks and an absorbent
boom.
Joel Berger, a biologist at the University of Montana in Missoula and the Wildlife Conservation Society, headquartered in New York, and lead author of the study, says that the work was inspired
by an older study that found increases in wildlife poaching in
oil and gas
boom towns.
The Coast Guard is coordinating the response to the underwater
oil geyser, although most of the work is being done
by booms and skimmers that BP is paying for, a Coast Guard spokesman says.
Because of a hydraulic fracturing
boom, crude
oil shipments
by rail spiked from 9,500 carloads in 2009 to nearly 400,000 carloads in 2013, AAR data show.
The convoy will be skirted
by 800 meters of offshore
oil booms and 5,000 meters of absorbent
booms.
Fracking
Boom Leading to Fracking Bust: Scientists Quebec
Oil Train Explosion Visible from Space Decision
by Obama Won't Keep
Oil from Flowing
By the time the 25-fold
boom in cod liver
oil popularity began in the 1920s, tuberculosis mortality was well on its way toward eradication but vitamin A status must certainly have improved throughout that time.
18 BOOMTOWN
by Matt King A slick corporate investigator with a closely guarded secret discovers a sinister criminal conspiracy in North Dakota
oil boom country.
The 2007 period drama about a driven, single - minded
oil prospector in the southern California
oil boom was chosen
by critics from Total Film magazine.
«Pioneer,» Dec. 5 Based on a true story, this indie film directed
by Erik Skjoldbjærg and starring Wes Bentley («The Hunger Games»), Stephen Lang («Avatar»), Aksel Hennie («Headhunters»), and others, is set in the beginning of the Norwegian
Oil Boom in the 1980s.
by Angelo Muredda The intersection of the financial crisis and the North Dakota
oil boom has turned Williston, ND into an unlikely mecca in the past few years.
An
oil - drilling craze that began here in the 1850s created vast fortunes but would
boom, bust, and eventually dry up in Pennsylvania, like coal and steel, leaving behind unemployment, a compromised ecology, and faded grandeur
by the cubic foot.
Taking full advantage of the
booming small car market fueled
by the
oil crisis, the Civic cemented itself as a practical, yet enjoyable small car.
Texas in the early 1900s, its inhabitants still traveling
by horseback and barely familiar with the telephone, was on the cusp of an
oil boom that, unbeknownst to its residents, would spark a period of dramatic changes and economic growth.
That's driven partly
by the
booming oil and gas sector, but it's true across all sorts of industries, too, such as entertainment (in Austin) and air cargo (in Dallas - Ft.
Excess capacity was brought on
by many hard asset firms just as the
boom was going bust, thanks to the long lead time to start producing from a mine or
oil well.
Like much of Texas, Houston has benefited from the
oil and gas
boom created
by fracking projects — particularly Eagle Ford Shale in the southern part of the state.
«For a time, my family lived in a one bedroom house left over from the
oil -
boom days located on a small lane
by the ocean... Our porch opened to unkempt forests and fields, high dunes, and the endless play of light and texture of the Pacific.
They are greeted
by shoals of fish, carpets of plastic pollution, the
booms of seismic probes used to prospect for
oil and an imagined rendering of a «lonely whale» that I wrote about long ago.
What people fail to realize is that Brazil's economic and energy
boom is not being fueled
by ethanol alone, but
by vast
oil deposits they are aggresivly extracting (the reason one George Soros invested 900 million in Petrobas, isn't it nice that he gives money to people who wish to restrict american production but pours hundreds of millions into foreign
oil companies.).
I hope you'll read «Applying Creativity to a Byproduct of
Oil Drilling in North Dakota,» a valuable Clifford Krauss feature on baby steps taken by the oil and gas industry to stanch the wasteful, polluting flaring of natural gas from the country's booming Bakken oil fields in North Dako
Oil Drilling in North Dakota,» a valuable Clifford Krauss feature on baby steps taken
by the
oil and gas industry to stanch the wasteful, polluting flaring of natural gas from the country's booming Bakken oil fields in North Dako
oil and gas industry to stanch the wasteful, polluting flaring of natural gas from the country's
booming Bakken
oil fields in North Dako
oil fields in North Dakota.
According to a study commissioned
by Canada's National Energy Board and based on 20 years of Beaufort Sea data, three of the most widely - used
oil spill containment methods — burning spilled
oil in - situ, deploying
booms and skimmers, and aerial application of dispersants — would be impossible due to bad weather or sea ice 20 - 84 percent of the brief, June - to - November open - water season.
In the Good Yglesias category, we have «the spice must flow» problem in that stopping the Keystone XL pipeline and other pipeline - fighting as led to a
boom in shipping
oil by rail.
And
by increasing the supply of commercial CO2 on the market, EPA posits that the price of CO2 will decrease, leading to a
boom in
oil and gas production.
OIL AND GAS: • A reporter discusses her book on the
oil and gas
boom in North Dakota, where she spent a year interviewing people affected
by the industry.
This analytical report observes that the economic
boom in the Asia - Pacific region has been fuelled
by surges of energy consumption, especially of fossil fuels, including
oil, gas and coal.