Sentences with phrase «crude oil boom»

Workers and businessman who expected the commodities and crude oil boom to go on forever have seen their prospects diminish.

Not exact matches

Canada ships nearly all of its crude oil exports to the United States, and Mexico's appetite for natural gas has driven a boom in U.S. pipeline shipments in recent years.

But after the bust comes the boom: Expect soaring crude prices later this decade as demand from fast - growing Asia collides with greatly diminished supply — a classic bust - boom cycle with which the oil industry was all too familiar 100 years ago but may have forgotten since.

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.

But with oil prices stabilizing (currently at about $ 68 per barrel of West Texas intermediate crude) and overall population growth still booming, multifamily investors are...

Low crude prices and a booming global economy have caused the biggest oil glut in history to disappear before your very eyes.

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.

New York Governor Andrew Cuomo has written to President Obama requesting immediate action to enhance rail safety as the state experiences a boom in rail transport of explosive Bakken crude oil.

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.

Hutton's first documentary feature was Crude Independence, a portrait of small - town life during the present - day oil boom in North Dakota.

Crude oil is the fastest growing category of hazardous shipments on North American rails because of limited pipeline capacity for booming Bakken production.

Although he did not name China, Mr. Gerrard was clearly referring to warnings that, in the absence of the Keystone XL pipeline, Canada will build alternative export routes to the West Coast to ship oil sands crude to the booming Chinese market.

More on the BP Oil Spill: Oil Spill - Fighting Fisherman Face Serious Health Risks (Video) Booms Go Bust: BP's Oil Barriers Wash Ashore, Fail to Keep Out Crude (Video) Oil Hits Louisiana Mainland - Exclusive First Photos & Video

What this means is that boom, which is like a long tube of paper towels and used to contain and absorb oil floating on the surface of the water, is not going to work when this heavy dilbit crude oil sinks to the bottom of Lake Maumelle.

Instead of transporting heavy crude from Canada's tar sands, the pipeline would tap into the booming Bakken oil fields of Montana and North Dakota.

Sweet Crude Man Camp is a series of intimate interviews with North Dakotans affected by the area's ongoing oil boom.

... ITG finds that in order to accommodate the oil boom, crude oil deliveries by rail will have to climb to 1.6 million bpd by 2017 in order to keep up.