Sentences with phrase «expect oil consumption»

This drop in expected oil consumption has pushed crude prices to multi-month lows.

Not exact matches

Despite higher oil prices — projected to reach roughly US$ 125 per barrel by 2035 — oil consumption is expected to rise 23 % by 2035.

However, even with the slower growth, oil consumption is expected to grow and prices, according to the U.S. Energy Information Administration, are expected to remain in the mid - $ 90s per barrel into 2012 despite the slower economic growth.

We expect to see GDP fall by 1 per cent at annual rates in the second quarter, and then grow by 3.5 per cent in the third quarter as oil production resumes, rebuilding around Fort McMurray begins and the new Canada Child Benefit lifts consumption.

And barring a major global recession, oil consumption is expected to grow more than 1 % in 2017.

If global oil consumption continues to rise at the current rate of 1.3 per cent per year, the planet's proven oil reserves of 1.332 trillion barrels are expected to run out in 2041.

In an email, co-author Lucky noted that although oil may be losing some share of the world's total primary energy consumption, it is still expected to be the dominant fuel for transportation globally and will continue to grow in absolute numbers going forward.

The problems to expect would be with mechanicals of course, excessive oil consumption, failing timing chains, etc..

The final standards are expected to lower CO2 emissions by approximately 1.1 billion metric tons, save vehicle owners fuel costs of about $ 170 billion, and reduce oil consumption by up to two billion barrels over the lifetime of the vehicles sold under the program.

P3497 is a service bulletin indicating a need for a software update to address the excessive oil consumption so I don't expect the light to go off until we've had a chance to do that but I'm wondering if there's a chance that I did irreparable damage to the engine driving it with so little oil.

I expect this probably won't have much effect on consumption, but I'll be able to say, «yup, that's where my oil is going.»

It isn't oil consumption which is the problem, it's the fact you won't get the cylinder pressures you'd expect after ring seat of the compression rings.

Oil consumption is higher than a non-turbo but within expected parameters.

If the current strong growth of plastics usage continues as expected, the plastics sector will account for 20 % of total oil consumption and 15 % of the global annual carbon budget by 2050.

That last point is critically important, as the government expects U.S. consumption of oil and other liquid fuels will total 19.3 million barrels per day in 2040.

Oil is especially useful due to its portability (I don't expect coal - burning cars to come on the market any time soon), so I wouldn't expect the drop in oil consumption to be made up for with other lesser fossil fueOil is especially useful due to its portability (I don't expect coal - burning cars to come on the market any time soon), so I wouldn't expect the drop in oil consumption to be made up for with other lesser fossil fueoil consumption to be made up for with other lesser fossil fuels.

Many expect that electric cars will reduce the consumption of oil, but I think Jevon's work argues against that eventuality.

At current rates of growth, the IEA says that it expects that coal consumption will rise to 4.32 billion tonnes of oil equivalent versus 4.4 billions tonnes of oil per year worldwide within only four years; with that trend continuing, coal would quickly overtake oil as the world's fuel source of choice.

Oil consumption is expected to increase by 42 percent while nuclear and renewables, starting from a much lower baseline, are expected to increase by 44 and 61 percent respectively.

And even as nations work to reduce CO2 emissions from fossil fuel consumption, investment in coal, oil and gas production remains high and is expected to hold steady or continue to grow.

Just as diversity through electricity was the key to America's industrial sector being able to increase productivity without increasing oil consumption, so too is it one of two keys (the other being diversity through biofuel) to fueling the growing number of vehicles expected on global highways without adding to the strain on global oil supplies and without everyone choking on their own exhaust.

Significant economic value is lost after each use, and given the projected growth in consumption, by 2050 oceans are expected to contain more plastics than fish (by weight), and the entire plastics industry will consume 20 % of total oil production and 15 % of the annual carbon budget.