Sentences with phrase «demand for oil»

As we saw ten years ago, there will be a reduction in the global demand for oil if prices get too high.

Global economic expansion is driving a huge increase in demand for oil and gasoline.

This may have saved the world from an even worse crisis in 2008 - 2009 but it did not result in growing demand for oil and other commodities necessary for an expanding economy.

As soon as the economy picks up, world demand for oil will rise again, and gas will be over $ 4 / gal or more.

Job creation is, however, projected to slow over the next few years due to technological advances in oil sands processing and slower growth in international demand for oil products.

A majority of fund managers responding to the survey also anticipate peak demand for oil and gas to impact stock values within the next ten years.

When gas prices finally did fall, it was mostly because the global recession had led to less demand for oil.

What are the options for decreasing demand for oil and lowering greenhouse gas emissions in cars and light trucks?

Take the corn ethanol out of the system, that drives demand for oil.

Problems with engine turbine blades wearing out sooner than expected have hampered a restructuring programme prompted by the engineering company's declining older engine programmes and plunging demand for oil equipment.

The big picture Demand for oil and gas isn't going away anytime soon.

As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.

Where demand for oil is expected to fall in a 2 - degree scenario, demand for natural gas is expected to hold steady or grow.

If other countries followed suit, even if just partially, then global demand for oil would decrease and... the price of oil would decrease.

Every year that follows will bring more electric cars to the road, and less demand for oil.

So a weakened global economy has led to lower demand for oil.

[vi] This analysis includes the CO2 emissions from use of the oil and the impact of increased demand for oil due to lowered oil prices from the additional supply of oil.

As demand for oil outstrips conventional oil supplies, a growing share of oil is coming from tight oil resources, especially in the United States.

The circular nature and endless feedback of a purely capitalistic solution is why I favor a gas tax (and why I abhor the pathetic gas - holiday being mentioned nowadays)-- to continually encourage consumers to reduce consumption even if / when the worldwide demand for oil drops enough to bring oil back to $ 50 a barrel.

concluding that «Shell's approach is based on dismissing potentially weaker demand for its oil due to tougher climate policies, technological advances and slower economic growth.»

Along with Energy Transition Advisors, Carbon Tracker has produced a report concluding that «Shell's approach is based on dismissing potentially weaker demand for its oil due to tougher climate policies, technological advances and slower economic growth.»

There was a talk of the increasing demands for oil from China's new...

The goal is to turn scientific advances into deployable technology, like better batteries for the electric cars that could further reduce U.S. demand for oil and cheaper photovoltaics to produce the electricity that would go into those batteries.

Prentice is urging Ottawa to do all it can to secure trading relations with emerging economies, particularly in Asia, which he says will absorb virtually all the added demand for oil after 2020.

In a post on Friday, Michael Levi wrote of the limited significance of the Keystone XL pipeline and the primacy of policies that curb demand for oil:

The country has always believed that the long - term demand for oil outstripped supply, and that for companies with strong balance sheets and a long - term view, now was the time to invest, not to withdraw.

We find that historical trends in oil use lead to a peak in demand for oil by well before mid-century.

Stronger demand for oil and gas combined with slower supply growth has been shrinking inventories, suggesting that markets can no longer shrug off global hot spots.

However, the EIA should definitely make future predictions on US demand for oil that incorporate other policies — particularly those policies that the scientific community suggests would keep us within the 2 degree C limit.

Job creation is projected to slow down over the next few years due to technological advances in oil sands processing and a slower growth in international demand for oil products, but the growing demand for base metals is expected to buoy employment opportunities.

OPEC said Monday it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising U.S. output.

These risks include an economic slowdown caused by a trade war, which could dampen demand for oil.

OPEC hopes to regain market share from expensive unconventional oil and renewable energy, and to renew demand for oil through several years of low oil prices.

The IMF predicts that after Iran rejoins the global oil market, prices could drop to $ 20 - $ 30 per barrel, while the IEA warns that demand for oil continues to lag significantly behind supply, and that this will continue through 2016.

Not only did we see smoking demand for oil, the preponderance of economic data is signaling even stronger U.S. and global energy demand.

The first undeniable factor is weakening demand for oil, the engine of global economic growth.

British Columbia's demand for oil spill safety enhancements, by contrast, are capable of being designed so as not to usurp the federal government's authority over the approval of interprovincial pipelines.

While demand for oil had increased by 2.5 to 3 million barrels per day in past years, the International Energy Agency (IEA) reported that it had risen by only 1.8 million barrels per day in 2015.

Additionally, analysis of marginal supply and demand for oil suggests that producers need a price in the $ 70s to earn an adequate return on new investment.

Recently the prices of both natural gas and oil have begun heading lower as increased production from America's historic shale boom has met with concerns over a slowdown in the global economy, which would hurt demand for oil and gas and drive their prices even lower.