Sentences with phrase «cost of the oil»

When the oil - demand peak came, Shell believed, petroleum prices might begin a slow slide, dipping too low to cover the costs of oil - sands production.
That's thanks in large part to the low cost of oil and a compression of health care premium costs, potentially related to the ACA.
Just after the year 2000, Grantham maintains, the cost of oil inflected as finding new supplies became more challenging and expensive.
Last November, the International Monetary Fund (IMF) commended the government of Mali's deficit reduction, praising GDP growth of more than 5 % arising from strong harvests and government spending, even as the cost of oil imports moved higher.
You're right, of course, that the decision - makers already know about the environmental cost of the oil sands (hence, the «sacrifice zoning» of past strategies).
The rising cost of oil, its impact on global warming, the geopolitical risks associated with oil dependency (especially as fuel for automobiles), followed more recently by the rise of cost effective alternatives presents a «change the world» opportunity for Apple.
Despite the high cost of the oil price crash, most residents of Fort McMurray, along with Canada's politicians, think that oil prices will rebound and things will turn around sooner or later.
The fallout from the failure of a high - profile international meeting over Iran's nuclear ambitions could be most felt in the cost of oil.
The slow economy does not help the situation and neither does the rising cost of oil.
The heavy indebtedness that became a crisis around 1980 was due, not so much to the failure of the system as to the rapid increase in the cost of oil and the abrupt rise in interest rates.
And there will be the need for warmth, combined with the frighteningly rising cost of oil that necessitate cutting, chopping and stacking now.
In response to this political development, and accompanied by the simultaneous increase in the cost of oil and food, Cameroon broke into a series of violent protests.
France, which has pushed for oil sanctions, appears to have overcome resistance among some EU member states who had expressed concerns over economic costs of an oil embargo.
In January, the government ended official fuel subsides saying the cost of oil had fallen so much that they were no longer required.
Rising wholesale prices have been blamed on the record cost of oil, with barrels in the US tipping the $ 100 barrier last week.
He added: «The reality is that the Bank of England has little room to manoeuvre as the high cost of oil, food and wage demands continue to drive up inflation.»
Much as improved drilling and refining techniques caused the cost of oil to plummet in the 19th century, new technologies could make renewable fuels cheap and ubiquitous.
One reason is the high cost of oil; a large container ship now burns more than $ 3 million worth of fuel in a 28 - day, round - trip transpacific voyage.
One thing working in favor of new energy sources: the cost of oil is not getting any cheaper.
I guess it could only be the cost of oil / gas that keeps the gas mileage at a minimum.
The environmental impact is only one cost of our oil addiction.
It's relatively easy to dig out of the ground and dirt - cheap: about one - sixth the cost of oil or natural gas per Btu.
Because of the high costs of this oil, it can be used mixed with another oil, like sesame or almond.
In short, when you go to the effort and cost of the oil change, theres no good reason to skip the filter too.
Bringing your car into Groove Toyota for an oil change takes no time at all, and the low cost of our oil change is worth ever penny to help maintain your car's value and increase its longevity.
Oil changes are once per year (10K miles) for the Prius too, so the owner's four - year cost of oil is about $ 160, rounding up.
Our desire to find a homegrown alternative to Mideast oil, the rising cost of oil and natural gas, and the fossil fuel - friendly mood in Washington will soon push our coal consumption through the roof.
With the Chinese markets, the price of Bonds, rising interest rates and the cost of oil going down, what does all this mean for you and how can you take advantage of it?
After taxes, the high cost of oil, food, health insurance, and college tuition means that saving money is harder than ever.»
Gas prices have been climbing sharply higher in recent weeks, with the rising cost of oil.
It also means that supply disruptions, whether real or perceived, can have a huge effect on the cost of oil.
Fortunately, the cost of oil appears to be heading down.
Due to the possible increase in the cost of oil, based on events in the past few years, the Undersea Hunter Group reserves the right to charge a US$ 200.00 per person Fuel Surcharge.
AAAAAndre, You are half right, the decline of the dollar has inflated the cost of oil, but at the same time dramatic demand has increased the actual value.
The high cost of oil hopefully will stay high keeping shipping costs high.
David Roberts at Grist echoes Joe Romm in hoping that the petro - eruption on the Gulf seafloor finally fires up the American public on the need, if not to act on climate, at least to absorb the full costs of our oil addiction.
Earlier this year the Energy Information Administration published a rather brave study: a retrospective on how well its forecasters have done predicting things like demand for energy, the cost of oil and such.
So spending a chunk of change on renewables will save plenty of money in the cost of oil.
For years everyone including TreeHugger worried about Peak Oil, where it was assumed that the cost of oil production would keep going up and up until nobody could afford it anymore.
If you believe in the idea of «tough love», then the rising cost of oil will be a good thing I suppose.
The high and hopefully increasing cost of oil will bring the manufacturing and R&D jobs home, help the immigrants to participate, encourage young people to undertake technical studies at universities by insuring that there are jobs for scientists, engineers and manufacturing managers, and give our successors reason to hope that the future is bright for them.
Further there is already a carbon tax, since the cost of oil is steadily increasing.
However, given the potential future expansion of oil palm plantations and other land developments onto selectively logged lands, the fate of much of Southeast Asia's biodiversity may ultimately hinge on whether the conservation community can overcome the opportunity cost of oil palm or can encourage the implementation of large - scale landscape planning in order to reliably protect areas critical for biodiversity.
What I don't understand is why a one time investment of $ 50 - 200 billion worth of solar is too much when our current public / consumer investment in oil is well over half a trillion each year if you consider both the cost of the oil we consume and all the money spent to subsidize it at home while securing it overseas.
The Cost of Oil Oil prices are climbing toward $ 100 / barrel.
They don't realize that the costs of drilling a deep water well is considerably greater than drilling on land, hence the cost of the oil is greater.
By the way, the cost of oil will continue to rise in the future as the finite supply of dinosaur juice goes down.
Similarly, the events in the Middle East demonstrate the volatility of supply and the costs of oil.
I have read papers on the «true» cost of oil before.
Looking ahead, it's likely that the cost of oil will again increase as the global economy recovers and demand from developing countries continues to grow.
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