Sentences with phrase «cost of the oil price»

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.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

Costs back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of reCosts back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of recosts of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of return.

Say I'm running Esso right now, and I need to raise my price by 5 cents because the cost of crude oil went up.

Cost has become a big concern, as the price of a barrel of oil dipped below $ 50.

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.

Shell's Chief Executive Officer Ben van Beurden said the oil sector had yet to emerge from troubled waters, but huge cost savings meant oil majors were getting closer to balancing their operations at today's oil prices of around $ 50 a barrel.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

The combination of higher oil prices and ultra-low borrowing costs would have caused the economy to overheat, driving annual inflation to 4 %, well outside the central bank's comfort zone of 1 % to 3 %.

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.

Critics of the deal had expected Britain to try to renegotiate the price, which they say was set too high before oil prices fell, dragging energy costs lower.

In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.

Western Australia's only onshore oil producer has suspended production after being hit by the low oil price and the high cost of trucking its output to Wyndham rather than the much closer port at Broome.

Between June 2012 and July 2013, the difference between the landed costs of Saudi Light oil into the U.S. and the price of light oil at Edmonton was $ 18.48 per barrel, while the difference in costs between Mexican Maya landed in the U.S. and Western Canada Select heavy blend at Hardisty, AB, was $ 29.02 per barrel.

That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.

It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.

After months of higher input costs for manufacturers, the simultaneous spike in food and oil prices is a double whammy that is now starting to hit consumers.

First, I want to look at how the changes not just in oil prices, but also changes in diluent costs, discounts for oil sands crude relative to light crude and, in particular, the fall of the Canadian dollar have changed the outlook for new oil sands projects — for those under construction, and for those currently operating.

Crude - by - rail shipments are expected to ramp up in the second half of this year and into the first half of next year to «very material volumes of oil,» Pourbaix said, adding price discounts will improve but will likely remain higher than usual because rail costs more than pipeline transport.

Once supply and demand come back into balance, points out Fadel Gheit, Oppenheimer's senior oil analyst, prices should gravitate toward the marginal cost of production of new barrels.

Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his company's quarterly results and the impact of lower oil prices on jet fuel costs.

All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.

Oil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afterOil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afteroil prices after...

And innovative technology makes renewable energy cost - effective even in times of low oil prices.

Such optimism must somehow reconcile with all the forces conspiring against Canadian oil: the lack of pipeline infrastructure or «takeaway» capacity, the occasionally gaping price discount applied to Western Canada Select, the renaissance in oil production unfolding in the U.S., rising Canadian production costs and the flight of investor money out of commodities.

Russell told CNBC that the depreciation of the Malaysian currency has more than offset the benefits that cheaper oil have on the price of fertilizers, resulting in higher input costs for the tea grower.

But now Papa said the the best days are behind some of those fields after a period of low oil prices prompted drillers to train their rigs on their best acreage and deplete the most cost - efficient production.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.

Clearly, the first - order effect of falling oil prices for these companies is lower input costs, with the degree of reduction dependent on both foreign - exchange effects and the companies» degree of exposure to oil prices.

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.

Recent lower oil prices have helped Morocco cut those costs and shrink its budget deficit from nearly 5 percent of gross domestic product in 2014 to 4.3 percent this year.

As I wrote in my blog over a year ago, («Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands floOil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands flows.

By keeping prices below the marginal cost of unconventional production (about $ 75 per barrel), OPEC hopes that expensive oil production will decline along with the fortunes of the companies engaged in these plays.

A supply curve is an ordered list of all the oil production opportunities globally, sorted by the cost of extraction or, probably better for this example, the potential free - on - board price at a global trading hub — take every oil play in the world and ask what it would cost delivered to the US Gulf Coast as a starting point.

However, it's certainly incorrect to assume that the existence of single pipeline impacts all oil sands supply costs, or that not allowing it would render that oil supply unavailable at any price.

As fuel is the greatest cost for each industry, the ETFs for shippers ($ SEA) and airliners ($ FAA) will also move based on the direction of oil prices.

The failure of high cost North American producers to cut production in an oversupplied world oil market is setting the stage for another leg down in oil prices.

The profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells.

The price of burning oil will have to reflect the cost of emissions and not simply the expense of getting the fuel out of the ground.

Hedging contracts limit benefit of rally for some explorers Hess pays $ 50 million to unwind hedges; others may follow There's a downside to oil prices being up that could cost Continue Reading

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.

Thanks to the low - cost nature of those wells, the company expects to deliver 20 % compound annual production growth through 2019 while living within cash flow around current oil prices.

Looking back at the cost gap figure above, the potential revenue generated by EOR is only about $ 50 - 60 / ton, and that is in the best plays under the assumption of high oil prices.

For example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensive.

The answer is pretty simple — given your view of future oil prices, the costs of building and operating the plant, -LSB-...]

With petrol prices last week climbing over 140p for a litre of unleaded fuel for the first time ever (according to Experian Catalist) and the cost of diesel lingering around record highs, sentiment towards the oil companies has unsurprisingly started to fall again.