Sentences with phrase «cheap crude prices»

It stayed at lower, post-oil-shock levels for about two decades until the advent of sport - utility vehicles, which exploited a prolonged period of cheap crude prices.

Some of the cheapest gas prices in the country typically appear in the Rocky Mountain region due to cheaper crude prices and refinery costs — and most of the state's oil is sourced locally or in nearby states, according to the U.S. Energy Administration.

Not exact matches

For example, refining margins tend to expand when oil prices decline as the savings refiners reap from using cheaper crude to make gasoline and other products aren't immediately passed on to consumers at the pump.

The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.

With the widened spread in oil prices between Edmonton and tidewater, however, rival customers from Washington, California and Asia are now fighting over the cheaper Canadian crude.

While lower crude prices mean cheaper gasoline in the U.S., which should spur demand, that's not so much the case in other countries, where taxes represent a higher portion of the cost of gas (as in Europe).

Traditionally, when oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence more attractive to refiners.

Then, as the price of crude fell, the company bought cheap assets.

An unprecedented price disparity between crude oil and other resources — coupled with the emergence of cheap and abundant shale gas, especially in the United States — is transforming the...

By the way, just because PADDII refiners have had access to deeply discounted crude because of recent logistics constraints (on crude), this doesn't mean product prices would be cheaper.

Our research indicates that, due to the depletion of conventional, and hence cheap, crude oil supplies (i.e., peak oil), increasing the supply of oil in the future would require exploiting lower quality resources (i.e., expensive), and thus could occur only at high prices.

Coal was cheap, but during the 1960s, coal prices were rising and oil prices were a bargain, particularly the heavy residual oil at the bottom of the crude oil refining process.