Sentences with phrase «end of the barrel of»

I believe we are our brothers and sisters keepers and one could make the argument that it falls under the category of rational self interest; however, the minute people think they can enforce that philosophy at the end of a barrel of a gun (gov «t) the whole thing falls apart and religion becomes secular humanism where the state replaces God.

We, in the west, are dealing with a widespread deadly cultist mindset that wants to rule the world in its favour by force (and subterfuge leading to the ability to use said force) against us, and anyone who gets in their way... unless of course we all convert to their way of thinking, and worshipping... at the end of the barrel of a gun.

Not exact matches

The U.S. would be going it alone this time, but such a policy could conceivably reduce Iranian exports by 200,000 to 300,000 barrels a day by the end of fourth quarter.

Because of the tighter market, the forward curve for Brent is now above $ 70 per barrel until the end of 2018, and prices are above $ 60 per barrel through 2020.

Goldman Sachs (gs), for example, predicts oil will stay flat for the rest of 2016, inching up to $ 60 a barrel by the end of 2017.

The accord to keep 1.8 million barrels of production off the market runs through the end of the year, and it is expected to be reviewed in June.

At the time, oil supplies for OECD nations had surged to near 400 million barrels above their five - year average, and were still running at about 300 million barrels above the average at the end of 2016.

OPEC, along with Russia and several other producer nations, is keeping 1.8 million barrels a day off the market through the end of the year in order to shrink global stockpiles of oil.

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.

Analysts estimate that a sanction - free Iran could add another 1 million barrels per day of oil to global supply by 2016, providing a supply cushion if U.S. shale producers end up running out of financing.

Deshpande forecast Brent prices will stay around $ 39 per barrel in the first quarter, but with prices rising to $ 56 by the end of the year, to average around $ 47.80 for 2016.

U.S. crude oil exports rose to 2.175 million barrels per day, or more than 15 million a week, at the end of March.

«Here's the bottom line: I'm seeing low $ 50 a barrel by the time we reach the end of the year,» he said.

«We're looking at $ 63 to 65 dollars a barrel, I think, by the end of the first quarter of 2017.

Although much of the recent drop in oil prices has been due to the prospect of higher exports from Iran in the coming months (the International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude prices should logically pass quite quickly.

The current agreement between OPEC and allied non-OPEC producers to reduce oil output by 1.8 million barrels a day is set to extend through the end of the year.

By the end of this year, total refining capacity will exceed a million barrels a day — making Singapore the world's third - largest oil - processing center, after Houston and Rotterdam.

After several years of dealing with thrifty consumers, retailers have gotten the message and even high - end department stores such as Nordstrom, and specialty stores like Pottery Barn and Crate and Barrel, are offering a wide range of gifts that cost less than $ 25.

So when you look at Chinese PBR ads, you'll see a fancy bottle next to a champagne flute, with stacks of barrels trailing off behind, as if a high - end scotch were being advertised.

«It was a proud house, but with barrels and tires burning on each end of the street,» says Khalidi.

At the end of September, the commodity climbed to $ 59 a barrel ($ 58 in October), meaning the international Brent blend has more than doubled since the dark days of 2016.

The company said in May that the production at Sunrise is on track to add about 60,000 barrels a day of net new production by the end of next year.

Planned investments in loading terminals in Alberta and anticipated deliveries of specially designed tank cars could see an incremental 425,000 barrels per day of heavy oil railed to market by the end of 2014, it said in a report.

A survey of 12 oil price estimates compiled by Bloomberg found a mean estimate of $ 47 per barrel by the end of 2016.

But by the end of the session, Brent crude futures lost just 10 cents to settle at $ 68.02 a barrel, a 0.15 percent loss.

They have access to both surging light - tight oil production, which will be in demand as low - sulfur requirements tighten in shipping at the end of the decade, as well as captive (and cheaper) Canadian heavy barrels.

A barrel of West Texas Intermediate crude reached $ 69.42 on Thursday before slipping below $ 68 to end the week.

Although estimates vary, Iran might be able to bring 400,000 barrels per day online within a few months, perhaps as much as 700,000 barrels per day by the end of the year, growing to well over 1 million barrels per day sometime in 2016.

Before the recent string of production disruptions, which were caused by militant blockades on pipelines carrying crude from three fields to export terminals, Libya was pumping over 1 million barrels of oil daily, eyeing 1.2 million bpd in output by the end of the year.

The authority reported a draw of 5.4 million barrels for the week ending August 25, a day after the American Petroleum Institute estimated these inventories had fallen by 5.78 million barrels in the period.

Another 194,000 barrels will come on stream by the end of next year, as construction of Suncor - led Fort Hills winds down and operations begin this fall.

Crude stocks are expected to show a drop of 1.2 million barrels for the week ended Aug. 13, Platts said.

«If OPEC does not come up with a credible agreement to cut production on Wednesday oil prices will end the year below $ 40 a barrel and be chasing down $ 30 a barrel early next year,» David Hufton, CEO of PVM Group Ltd., told Bloomberg.

Canada is the world's fourth - largest oil producer and at the end of 2015 the proven reserves of oilsands were 165.4 billion barrels.

In the end, OPEC agreed to cut its collective output down to 32.5 million barrels per day (mb / d), a cut of about 1.2 mb / d from October levels.

Summary of Weekly Petroleum Data for the Week Ending April 27, 2018 U.S. crude oil refinery inputs averaged about 16.6 million barrels per day during the week ending April 27, Continue REnding April 27, 2018 U.S. crude oil refinery inputs averaged about 16.6 million barrels per day during the week ending April 27, Continue Rending April 27, Continue Reading

Oil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders report.

It similarly lowered its U.S. crude forecast to $ 52 a barrel by the end of 2015, and to $ 62 by the end of 2016.

Regardless of where exactly crude prices would end up trading, it's a certainty that once carbon emissions become more of a consideration the price of a barrel of oil will be heading lower.

The price of oil has been, on average, about $ 20 / barrel for the past 120 years, ending this Century.

The American Petroleum Institute (API) reported a build of 6.181 million barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 10.1 million barrels for the week ending September 8 as many refineries in the Gulf Coast remain offline and demand in Florida wanes in the wake of the most recent hurricane.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

Gasoline inventories fell more than anticipated — by 7.896 million barrels for the week ending September 8, against an expected draw of 4.0 million barrels.

The American Petroleum Institute (API) reported a draw of 761,000 barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 3.422 million barrels for the week ending September 22.

«Commercial oil stocks in the OECD fell further in August and the difference to the latest five - year average has been reduced by 168 million barrels since the beginning of this year, however, there remains another 170 million barrels of stock overhang to be depleted,» OPEC said at the end of last month.

The Dallas Fed Energy Survey from Q1 2017 at the end of March showed that 62 executives from exploration and production firms said that the average breakeven price to profitably drill a new well in the Eagle Ford was $ 48 per barrel WTI.

Prices plummeted from above US$ 100 a barrel in the first half of 2014 to around US$ 35 a barrel by the end of 2015.

I assumed the lower end of that range would be around $ 50 per barrel, not $ 35.

OPEC's ministerial committee tasked with monitoring a deal with non-OPEC countries led by Russia to curb oil output by 1.8 million barrels per day until the end of this year Continue Reading

Rival Whiting Petroleum Corp, the biggest producer in North Dakota's Bakken formation, will stop fracking new wells by the end of March, but would «consider completing some of these wells» if oil reached $ 40 to $ 45 a barrel, Chairman and CEO Jim Volker told analysts.