For example, the Stumberg Ranch 55H well achieved an initial 24 - hour production rate of 3,800 barrels of oil equivalent (BOE / d), which puts that well on pace to deliver a full payout in only 12 months at
current oil and gas prices.
Not exact matches
A company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as demand for their
oil and gas services are weakening in the near term, DOV still looks attractive at
current prices.
The decisions the
current Government takes on transport to tackle the dual challenges of climate change
and rising
oil prices could have significant repercussions for many years to come... Friends of the Earth is calling on the Government to: «Change direction on transport policy -
and aim to rapidly move towards a low - carbon transport system... Vehicle Excise Duty must be changed to make road tax on
gas - guzzlers more expensive -
and cheaper for greener cars...»
«They are liquid in that there is a real market,
current commodity
prices notwithstanding, for high - quality proved reserves of
oil and gas.»
Of course, whether the Prius pays for itself in the
current market uncorrected for externalities is a different question than whether it would pay for itself once you accounted for the
price of
gas if it included all the environmental costs
and much of the cost of the Iraq War (which, even if not directly about
oil, is really pretty much about
oil in the sense that it is what makes that whole region of important strategic interest to us).
That's an increase of less than 0.2 percent over
current WTI crude
oil prices and 0.7 percent over
current NYMEX natural
gas prices.
An illustration shows the tiny
price impact of President Obama's plan to draw some revenues from
current oil and gas production to foster energy innovation
and research.
The
current plan seems to be that when the
oil begins to run out
and the
price of
gas is to high, then it becomes affordable to convert
oil sands in Canada to fuel (Downside is more Co2 released further contributes to global warming).
«[F] racking is not economic at
current gas prices, worldwide demand for
oil is down
and the cost of coal retrofits is prohibitive.
The recent rapid expansions of shale
oil and gas production from the widespread shale deposits in many parts of the US at
current price levels using new but proven technology shows that the peak
oil hypothesis is false
and Obama was wrong.
Steep
price rises for
oil and gas could stymie global demand or prolong the
current coal boom or it could all run out sooner than expected.
Current proposals by global warming advocates will likely cost billions of dollars
and require a wholesale transformation of the nation's economy
and society. Americans could be paying 30 percent more for natural
gas in their homes
and even more for electricity.  The cost of coal could quadruple
and crude
oil prices could rise by an additional -LSB-...]
Vast quantities of coal — proven to exist — remain in the ground — but not included on the reserve tally because they are not economically recoverable at
current prices — in part due to the availability of
oil and natural
gas.
However, some Redditors suggested that miners would wait for the
price growth to compensate for their losses even if they have to operate some time with a lesser profit or with no profit at all, similar to
gas and oil producers that do not shut down their operations because of the
current decline of
prices.
Comparing the
current market
price for the various fuel sources won't tell the whole story; after all,
oil and propane are measured in gallons
and gas is measured in therms.