Not exact matches
Oil prices have arisen from the lows set in March, but a glut of inventory and few catalysts
for dramatic jumps in global energy
demand suggest 2015 earnings will likely be less than half of last year's tally.
And while I would not purport to answer that question here, Figure 3.2 of the NGP Report (Northern Gateway Forecast of United States versus China and India
Oil Demand) does suggest that market access, or lack thereof, could be a limiting factor for oil sands producti
Oil Demand) does
suggest that market access, or lack thereof, could be a limiting factor
for oil sands producti
oil sands production.
Oil prices extended losses on Monday, falling to near $ 78 a barrel, as Europe's debt crisis roiled markets and falling personal incomes in the U.S.
suggested slack
demand for fuel.
The report, which predicts trends in the coal market to 2017,
suggests coal
demand will reach the energy equivalent of 4.32 billion tonnes of
oil by that year — narrowly below 4.4 billion tonnes of
demand for oil itself.
Instead, the report
suggests, the
demand for illegal wood is likely fed by trees harvested during the clear - cutting of natural forests
for new
oil palm and pulp plantations.
The operator, ExxonMobil, retrofitted the 50 - centimeter tube to compensate
for the
demands of pushing tar sand
oil through in the opposite direction, but the higher temperatures and pressures may nonetheless have contributed to the rupture or sped up preexisting corrosion,
suggest critics such as NRDC's Anthony Swift.
As
suggested in the article, the only way to stop the development of the
oil sands (or any new
oil development
for that matter) is to address the supply side of the supply -
demand curve, because as long as
oil is at $ 90 bbl the producers will find a way to get their product to market.
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.