Sentences with phrase «decrease global oil prices»
New research reported in Nature Climate Change finds that increased Canadian tar sands production would decrease global oil prices and thereby increase oil consumption.
http://www.climatesciencewatch.org/ Not exact matches
Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.
The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a decrease in gasoline prices that may act as a massive tax cut for those who have reaped very few benefits from the economic recovery.
The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a commensurate decrease in gasoline prices that may act as a massive tax cut for the very people who have, so far, reaped very few benefits from the economic recovery.
If other countries followed suit, even if just partially, then global demand for oil would decrease and... the price of oil would decrease.
U.S. production growth, the main factor counterbalancing the supply disruptions on the global oil market, has contributed to a decrease in crude oil price volatility since 2011.