Sentences with phrase «demand needed for oil»

Not exact matches

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

While Basic Energy Service reemerged from bankruptcy at the end of last year with a more sustainable cost structure and improved balance sheet, it needs higher oil prices to thrive, because those prices will drive customer demand for its services.

The Gulf Coast Express Pipeline, which is targeted to be in service in October 2019 pending regulatory approvals, would add a much - needed conduit for the flow to demand markets of the increasing amounts of associated gas that are being lifted from the Permian amid an avalanche of investment in the oil - rich play that spans West Texas and southeastern New Mexico.

Overall effect of the decline in oil prices will be a positive driver in aggregate demand in the U.S., even though the decline in price of oil had negatively affected investment in equipment and structure needed for shale oil production, which had «become an important component of aggregate U.S. investment»

I don't need to read / watch the news to know that the supply - demand backdrop remains unsupportive for the oil price.

Susan I agree with your comments and believe the real leadership must come from the Trudeau government — not unlike the original vision for the trans - Canada pipeline we need energy security (not Middle - East oil) and we need a collaborative approach to energy (including hydro, renewables, transmission, strategies for demand reduction, etc Energy East in particular presents a great opportunity to rebuild a national identity...

Unless you think that either the producers willingly invest at inadequate returns, that demand for oil suddenly falls sharply, or that new technology sharply reduces cost of production, prices need to recover to «normal» relatively quickly.

Crude oil, for example, will often demand high margins, so you'll need a larger account to trade it.

The need for inflation protection and diversification has created high demand for investment in oil.

In essence, for one to believe that TRN is a diamond in the value rough, one would probably need to be bullish on oil as well as the sustainability of a global revival in the demand for materials.

As a result, there is a surge in demand for gasoline, and the oil that is needed to create it.

But as Jad Mouawad notes in The Times, if that amount of oil were extractable, it would still add up to less than three years» worth of gasoline, heating oil and other petroleum needs at today's consumption rate of 86 million barrels a day — and the demand for oil is rising.

Michael Levi says, «slash oil demand and the need for oil sands goes away.»

The Annual Energy Outlook projecting United States energy trends through 2030 foresees flat demand for oil, a shrinking need for imports and enormous expansion of the percentage of light vehicles with hybrid fuel - electric propulsion.

Significant investments will be needed in the upstream sector to meet global demand for oil and natural gas.

The analysis found, somewhat surprisingly, that only proceeding with lower cost, less carbon - intensive projects needed to satisfy demand in a carbon - constrained world will add over $ 100 billion to the value of the world's seven oil majors, unless oil prices spike beyond $ 100 a barrel for a sustained period of time — well over OPEC's long - term average assumption of around $ 80 a barrel.

For example, in the WEO - 2016 2 °C scenario, the number of electric cars would need to exceed 700 million by 2040, and displace more than 6 million barrels a day of oil demand.

The CTI report says there will be no need for new coal mines, oil demand will peak around 2020, and growth in gas will disappoint industry expectations if world leaders agree and then implement the policies needed to meet the UN commitment to keep climate change below 2 ˚C − the threshold agreed by most governments.

Stalled global oil demand, combined with a continuing oversupply of light crude oil, could sour global market needs for a growing supply of bitumen.

His remarks covered the need for investment in upstream oil to meet rising demand and offset decline in mature fields, how competitive prices are vital for growth in gas markets, the rapid growth in solar and wind, and prospects for reaching universal access to electricity, including India's significant achievements over recent years in this respect.

Enbridge said the expansions are needed because of growing demand for Canadian crude — an alternative to Mideast oil.

I do nt see that as a limitation Not sure where Allan is getting the 25 - 30TW figure for business as usual, perhaps manufacturing synthetic oil and using it to power 2Billion low mpg SUV's This seemingly unavoidable shortfall between supply and demand needs to be brought to the attention of the general public, because massive improvements in efficiency, eradication of trivial uses of electricity, and lifestyle changes, particularly in relation to transport seem inevitable.

he said our demand for oil isn't subsiding so pipelines like Keystone are needed but you have to make sure they're safe.

Consumer Demand Key for Sustainable Palm Oil Success However, the thing that needs to be remembered — as WWF research has previously highlighted — is that there's an increasing supply of sustainable palm oil available on the market, but not too many people are buying Oil Success However, the thing that needs to be remembered — as WWF research has previously highlighted — is that there's an increasing supply of sustainable palm oil available on the market, but not too many people are buying oil available on the market, but not too many people are buying it.

Because of its high oil yield, oil palm would need only 4,200 km2 to fulfill the 2020 demand for biodiesel in Brazil.