Sentences with phrase «energy prices hit»
Even though higher energy prices hit the poor the hardest, the poor actually gain when dividends are added in.
https://dotearth.blogs.nytimes.com/ Not exact matches
TORONTO — The Toronto stock market closed higher as energy stocks advanced while oil prices hit a 16 - month high and traders took in a mixed batch of U.S. earnings.
Perth - based Paladin Energy has been hit by the weak uranium price, reporting a $ 338 million net loss for the full year.
A growing economy and plunging energy prices are partly behind why so many drivers will hit the road for July 4, the AAA tells CNBC.
«With so much supply landlocked, Canadian oil prices are taking a serious hit,» Casey Research energy analyst Marin Katusa wrote in a late June investment note that estimated that Western Canadian Select, a heavy crude, was trading for a whopping US$ 23 less than WTI; a gap 30 % larger than the average differential between 2006 and 2010.
In his regular press conference after the ECB's governing council meeting, he said the uptick is «overwhelmingly» due to energy prices having hit a seven - year low this time last year, creating a base effect that exaggerates today's modest rebound.
The energy sector was certainly hard hit by the sharp drop in oil prices.
Troop reductions hit the United States Army hard and the drop in oil prices has not been kind to companies that serve the energy industry.
Scoring a major asset at a time when oil prices had hit major lows has transformed Perth - based junior Kalrez Energy NL from a gold explorer to an oil and gas producer.
As the headquarters city of choice for the energy industry, Calgary has been hit hard by the slumping price of oil.
An economist who correctly predicted the fall in oil price this year has told CNBC that the U.S. government could look to bail out its energy sector in 2015 as the commodity's low price starts hitting the country's economy.
(Another good question, which I won't get into, asks about regional variation in wage growth; outside of states hit by the fall in energy prices, moodys.com reports that wages have picked up in most parts of the country.)
The plan contains measures that will help Canada hit its obligations under the Paris Agreement, such as introducing carbon pricing, phasing out coal - burning power stations and boosting support for clean - energy technologies.
Crude oil might have hit the gas pedal, but equity investors have been left on the sidelines as energy stocks continue to struggle even as the price of crude rallies.
The national average retail price of regular gas hit a four - month high of $ 3.78 a gallon toward the end of February, according to Energy Information Administration data, up almost 15 % from the start of the year.
It is worth noting that the core Consumer Price Index (excluding food and energy) stood at a year - on - year rate of 1.8 % in July, and that the Fed may be content to see inflation at least trending upward — without necessarily hitting 2 % in the near term — before deciding to act.
Moreover, this lower price is hitting energy exporters harder, creating global economic vulnerabilities.
Energy stocks as a whole have been hit hard with the decline in energy prices, and NOV is no exception with the stock down 25 % over the pastEnergy stocks as a whole have been hit hard with the decline in energy prices, and NOV is no exception with the stock down 25 % over the pastenergy prices, and NOV is no exception with the stock down 25 % over the past year.
The Fed's preferred Personal Consumption Expenditures price index hit the two - percent target in March for the first time in nearly a year, while «core» inflation, which excludes volatile food and energy prices, was 1.9 percent.
For example, PBF Energy, a company with refining assets in the U.S. Northeast and Midwest, has seen its share price jump by more than 25 percent since the storm hit the Gulf Coast.
Help is available for dairy farmers being hit by rising energy prices, Sustainability Victoria (SV) says.
A fifth energy company has today announced further price rise misery which will hit homes throughout the UK hard this winter.
Energy was at the centre of the 2006 G8 when the Russian - Ukrainian gas crisis hit Europe and oil prices reached $ 50 per barrel for the first time (a threshold now long forgotten, in 2012 the average price is stood at about $ 112 per barrel).
People are already suffering under David Cameron's cost of living crisis and now, thanks to his failure to stand up to the big energy companies, consumers will be hit by ever high bills, with SSE increasing prices by nearly 10 %.
Today's energy price rise hitting especially hard in Wales where SSE has more than one million customers http://t.co/XMMU9Om6Be
British Gas's 15 per cent energy price increase will hit Britain poorest families, claimed Liberal Democrat leader Nick Clegg.
The Lib Dems call for de-carbonisation targets to keep prices steady, encourage investment, prevent an energy gap and hit legal climate change obligations.
Increases in the price of food and energy have been above inflation - it is these price rises which hit the poor hardest.
The energy exporter has been hit hard by the fall in the price of oil and sanctions imposed after conflicts over Crimea and Eastern Ukraine.
Among my funds, those hit the hardest were 1) funds invested in energy / oil, such as CGMFX and PRNEX, after what happened to oil prices in the second half of 2008; 2) funds have big exposure in foreign markets, such as ADVDX and DODFX.
Corporate profit growth hit a wall this year, as plunging prices of oil and metals slammed energy and raw - material producers, the stronger dollar hurt exporters, and economic growth remained tepid.
While the figures aren't what they were prior to the decline in energy prices, it does seem that sales have hit a bottom in 2016.
In Atlantic Canada, the Newfoundland and Labrador economy was hit hard in 2016 by energy price declines, with the provincial government expecting the province to contract in real terms in 2017.
Hardest hit will be low - income families — higher prices for energy and energy - intensive goods will impose a larger burden, relative to income, on them than on the rich.
Green Britain: Millions Of Families Hit By Never - Ending Rises In Energy Prices (The Daily Telegraph)
SMART 2020 Report: Smart Grids Can Cut CO2 Emissions by 15 Percent... Smart Meters Hitting Everywhere - Even In Idaho Smart Power Meters and Real - Time Pricing Leads to Saved Energy and...
Via Earth2Tech and Press Release More on Smart Metering: Smart Meters Hitting Everywhere - Even In Idaho Smart Power Meters and Real - Time Pricing Leads to Saved Energy and Money SMART 2020 Report: Smart Grids Can Cut CO2 Emissions by 15 Percent
The thrust of the roadmap paper puts the onus squarely on fossil fuel management to respond properly to how growing climate regulation, advances in cleaner technology, cheaper renewables, and greater energy efficiency hit demand and the implications those global trends have for commodity prices.
And hitting back at his Conservative detractors, Mr Davey insisted: «Onshore wind and solar prices are clearly leading the way for the cheapest green energy out there, and the Conservatives now have some serious questions to answer.
Yet even if the high price of energy from fossil fuels and power plants combines with regional climate initiatives to slow the current rate of growth somewhat, we will probably hit 11 gigatonnes of carbon emissions per year by 2020.
«Wind energy prices — particularly in the central United States — have hit new lows, with utilities selecting wind as the low cost option,» Berkeley Lab Senior Scientist Ryan Wiser said.
If we don't secure investment in our energy infrastructure, we could see the lights going out, consumers hit by spiralling energy prices and dangerous climate change.
A lot of people in a lot of places are making the same decision to use more renewable energy generation vs traditional fossil fuel, when to use your own words within a few decades storage hits the price point for wide adoption then that is when there will be massive disruption.
Since hitting its peak in March 2011, the BlackRock iShares Oil Sands Index Fund, which tracks the biggest energy companies operating in Alberta's oil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last August.
Around 25 % of the UK's power now comes from renewable sources — an indigenous energy supply that creates no pollution, is immune to global commodity price rises, enables us to hit climate change targets and creates jobs and industry right here in Britain.
That will rise further if energy prices continue to climb - which is likely after oil prices hit yet another high this week.»
Even though the oil price decline will mostly hit the exploration industry, there are also many professional services firms in the area that rely on business from the energy industry.
The Greater Houston market started to plateau late in 2015, and Mark Woodroof, managing partner, Better Homes and Gardens Real Estate Gary Greene, feels that as we hit the mid-point of 2016, the market is starting to soften, particularly in the high - end, driven by the apparition of energy jobs eliminated by the price of oil.
Bakersfield has been one of the hardest - hit regions in the state, as crude oil prices dipped two years ago, leading to layoffs at energy companies and throughout the region.