Sentences with phrase «economy than an oil»

He gave as an example a restaurant stock, which would have a more difficult time adapting to a slowdown in the economy than an oil and gas company.

Not exact matches

In a country that relies on oil for more than 70 percent of its GDP8 (gross domestic product), diversifying the economy is a critical issue,» concludes Yves Duteil.

More than five years ago, Bentham says, he and his team began to flag to Shell executives changes afoot in the economy that, they believed, might dramatically affect the oil business.

The Eurozone's economy slipped in the third quarter as the slowdown in China and other emerging markets more than offset the benefit to consumers from low oil prices.

Near the end of August, the price of oil dipped under $ 40 a barrel for the first time in more than six years, further imperiling Canada's sluggish economy.

But the reason they're expecting to do well this year has more to do with their marketing efforts, rather than the recovering economy or other factors like low oil prices, according to a small business holiday survey from Constant Contact, an online marketing firm in Waltham, Massachusetts.

In the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted households.

Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»

Canada's economy is more heavily dependent than the U.S.'s on commodities industries (think oil, mining, and timber) and on banking.

For example, if Canadians considered more closely the environmental and social consequences of harvesting the oilsands, they might go about it differently than if they simply considered how much Alberta's economy will grow by exporting oil to the U.S..

In a separate note, TD Securities» chief Canada macro strategist David Tulk said forecasters have underestimated the impact of the oil price decline on the Canadian economy, calling the shock «longer - lived and larger» than expected.

You see my point: those aggressive Yankees sure have built a diverse economy that is innovative, modern and, over the long term, produces more sustainable wealth than mere rocks and oil.

The move may improve relations with the U.S. and give Mexico better leverage in NAFTA negotiations, but is likely to be politically unpopular in a time when oil domestic production is less than its best and the economy is volatile.

While there is little doubt that oil is the metaphoric blood of the economy, we can not forget that there over 58 other elements that are critical to sustaining the consumer - industrial complex - and many of these are on target to be economically depleted within less than thirty years.

For a petro - economy such as Canada's, the financial risks associated with the pending battle against climate change are much greater than any cyclical downturn in oil prices.

This includes the possibility of lower oil prices — their forecast for oil prices continues to be relatively positive - slower - than - expected growth in the EURO zone and in emerging economies, especially in China.

Crude oil prices fell more than 2 % on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit.

Over the last year, the solar industry added jobs twelve times faster than the rest of the economy, even more than the jobs created by the oil and gas extraction and pipeline sectors combined.

Crude oil prices have dropped more than 50 per cent since June to around US$ 50 per barrel, causing some analysts to predict doom and gloom for Canada's oil and gas industry and economy as a whole.

World oil demand will rise less than previously thought in 2014, due to a lower outlook for the global economy and demand growth in the second quarter falling to its lowest level in more than two years, the West's energy watchdog said Tuesday.

Following a slide of more than 70 % slide in oil prices from mid-2014, Gulf economies are reeling from the impact of declining fiscal incomes.

Rather than follow a disastrous road taken by some of her predecessors, and slash funding to government services while the price of oil is low, the NDP government is taking an opportunity to invest in much needed public infrastructure when the economy is slow and the price is right.

As data becomes the new oil driving the world economy, hackers will go after it more than ever before, spurring demand for professionals...

When Canada's economy inevitably shifts into a higher gear, probably sooner than later, oil will be a huge part of it as always.

The American economy will strain to support elderly dependents comprising a third of its population, but the Iranian economy will collapse — particularly given the projection, common among economists, that, by about 2020, Iran will be a net importer, rather than exporter, of oil, as its reserves dry up.

Nigeria's economy, despite its substantial oil production (it is the fourth - leading supplier of oil to the U.S.), declined precipitously in the 1980s: at the beginning of that decade a naira was worth more than a dollar, while today's going rate values the naira at less than a dime.

An op - ed in the reputable publication Vedomosti concluded by arguing that the difference in height of the two presidents should not be mistaken for a sign of Russia's relative weakness: «Let China's economy grow many times faster than Russia's — its very growth is supplied by Russia's oil and gas!

The Governor noted that there could be no better time than now for all hands to be on deck to ensure that the economy of the country from oil to Agriculture.

Africa's largest economy, which relies on crude sales for around 70 percent of government revenues, has been hammered by the more than 50 percent fall in oil prices since June last year.

Nigeria along with Angola, the leading oil economies on the continent have been hit hard by oil prices which have gone down by more than 50 percent in the last 12 months.

They should mention one specific policy intervention that would have brought about an improvement in the economy other than John Mahama's investment in the oil sector and improvement in the prices of gold on the international market,» he said.

And he has vowed to patiently pursue his case, rather than resort to violence and bombing of oil facilities which is greatly affecting our economy.»

The lubricant of the global economy is having a fire sale: a barrel of crude oil in Texas now costs less than $ 50.

And many have credited Bill Ford for preparing the company while he was CEO faster than either Chrysler and GM for constrained oil supplies and the dawn of a carbon - constrained economy.

Supporters argue the pipeline will boost the economy, while environmentalists say there could be spillages and that it will encourage the exploitation of tar sands oil, which emits more CO2 than regular oil.

The trade group concluded that rapid development of pyrolysis technology, more commonly known as plastics - to - oil, could contribute $ 9 billion (# 5.6 billion) to the US economy and spawn more than 40,000 domestic jobs.

It was coal and oil, rather than hydrogen, that powered the 19th and 20th - century economies.

A total of 11 screens give more information than I've ever seen in a production car, starting with the mundane oil temperature and pressure, turbo boost gauge and fuel economy, and ranging up to steering angle, acceleration and braking in percent, AWD torque distribution, and lateral, acceleration and braking g - force.

Due to certain unforeseen circumstances, such as hurricanes, the downturn in the national economy, the BP oil spill, and moratoriums on deep - water drilling, the project realized significantly less traffic and revenue than originally projected.

* Synthetic and Diesel vehicles will get a $ 30 credit towards oil change.Reviews: * Strong acceleration and fuel economy from standard V6 engine, high - mounted rear seat provides generous legroom and a commanding view, more standard features than most competitors, price, generous cargo capacity for the segment.

Capable of churning out a peak 255 bhp along with a maximum of 632Nm of torque, this power - packed oil - burner gets mated to a reworked 4MATIC AWD system and a 7 - speed G - Tronic automatic transmission gearbox to deliver a fuel - economy that is 20 per cent higher (in the European driving cycle) than that offered by its preceding models.

- All Freehold Hyundai Pre-owned cars go through a 127 point vehicle inspection - Receive 3 FREE Oil Changes for the first year / 15, 000 miles under the BRAM Loyalty Maintenance Program with purchase of a Pre-owned vehicle You could spend more on fuel each month than on your vehicle payments, so why not consider one with exceptional fuel economy like this 2017 Hyundai Sonata.

- All Freehold Hyundai Pre-owned cars go through a 127 point vehicle inspection - Receive 3 FREE Oil Changes for the first year / 15, 000 miles under the BRAM Loyalty Maintenance Program with purchase of a Pre-owned vehicle If you are looking for a vehicle with great styling, options and incredible fuel economy, look no further than this quality automobile.

The bank also said the bulk of the oil slump's negative effects will strike the Canadian economy in the first half of 2015 — and could be more front loaded than it had predicted.

Part of the reason B.C. is doing so much better than the rest of Canada is because its economy isn't vulnerable to changes in the price of oil, Yu said.

The oil industry has taken a hit — once trading at more than $ 100 a barrel in 2014, but down to $ 46 in mid-2016 — but the state's economy has become much more diversified with expansion into healthcare and technology.

Gyrating stock values, slumping oil prices, turmoil in foreign currency markets, predictions of slow growth or even deflation abroad... Suddenly, the outlook for the global economy and financial markets looks far different — and much dicier — than just a few months ago.

Our economy is very dependent on oil as well, but we're a lot smaller than Alberta and a percentage of our GDP oil is actually a much larger percentage over here.

Rather than wholeheartedly support the kind of energy policy, civic infrastructure and lifestyle changes that will allow the United States to prosper in a post-carbon, green economy — and build a clean energy independence — the focus is on populist false promises that developing oil shale or lifting bans on offshore oil drilling will reduce short term energy costs.

What I find ironic is that it is his can - do optimism that is in this case working against our ability to do something about our dependence on fossil fuels and the climate change that this dependence is resulting in, that is, switching to alternate energy, preserving modern civilization and the world economy beyond Peak Oil and Peak Coal, preventing climate change from becoming such a huge problem that it destroys that the world economy — and more than likely leads to a series of highly destructive wars over limited resources.