Sentences with phrase «for oil crisis»

• The hope for oil crisis: children, oil vulnerability and (in) dependent mobility • Mind the governance gap: oil vulnerability and urban resilience in Australian cities

Not exact matches

WASHINGTON, March 21 - The United States on Wednesday imposed sanctions on 15 South Sudanese oil operators that it said were important sources of cash for the government, an action aimed at increasing pressure on President Salva Kiir to end the country's conflict and humanitarian crisis.

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

Frankel noted the basic features of the oil industry made for continuous crises with hectic prosperity followed all too swiftly by complete collapse.

Of course, there's a chance that oil prices will stay around US$ 60 for an extended period or even continue to drop, especially if there's another economic crisis or a worry that one is about to occur.

Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.

The rouble has weakened some 30 percent versus the dollar this year, as Western sanctions over the Ukraine crisis have made it harder for banks and companies to refinance foreign currency debts and as tumbling oil prices have hurt government revenue.

EMISSIONS - Because diesel fuel is heavier and oilier than gasoline it can be more polluting, earning a reputation for sootiness when it came into wider U.S. automotive use during the 1970's oil crisis.

Under this law, a major oil spill could trigger a financial crisis for Kinder Morgan, Inc..

Take this example, illustrated by First Trust Advisors: Between January 2009 and September 2015, stocks stumbled numerous times for various reasons, including natural disasters like the Haiti earthquake and Hurricane Sandy, and man - made crises like government shutdowns and collapsing oil prices.

The International Energy Agency (IEA) was founded in 1973 - 74 during an oil crisis in order to help ensure energy security for member nations.

But if oil had stayed around $ 35 per barrel (incidentally what the «energy experts» were calling for at the time), energy inflation would never have spiked, and neither headline inflation nor the federal funds rate would have gotten anywhere remotely close to the levels that sparked the financial crisis.

Crude oil is presently testing financial crisis support levels, making many investors wonder whether the bottom for black gold has been reached — or if more pain is to be expected.

Single - digit oil prices for oil sands is not just a problem, it is an existential crisis.

This unpleasant picture is presented after a third quarter in which Brent crude, the international benchmark for oil prices, traded at about $ 50 a barrel on average, the lowest sustained levels since the financial crisis.

Oil prices extended losses on Monday, falling to near $ 78 a barrel, as Europe's debt crisis roiled markets and falling personal incomes in the U.S. suggested slack demand for fuel.

Yet so prone are we to care most about what is near at hand, the fear of atomic destruction is probably less keen in most minds than is the energy crisis which means less oil and gasoline available, less fuel for heating, and an abrupt change in American life - styles.

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).

Once again the Chancellor is trying to blame high oil prices and the Eurozone crisis for negative growth this year, but it affected all countries, Mr Speaker.

The increase in demand for electricity, reduction in the quantity of water at the Akosombo Dam, irregular gas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisis.

In a gripping insight into the real politick behind the scenes of the Syria crisis, it emerged that Saudi Arabia tried to offer Russia a game - changing oil agreement in return for Vladimir Putin's pledge to drop his support for the Assad regime in Syria.

The 1970s proved a difficult time to be in government for both the Conservatives and Labour due to the 1973 oil crisis which caused high inflation and a global recession.

Governor Ajimobi who was the Guest Speaker spoke on a topic titled «State Financing and Over-dependence on Oil: Issues and challenges» identified a number of factors responsible for the on - going financial crisis in the country.

In a statement signed by the organisations Executive Director, Adetokumbo Mumuni, SERAP called on the Federal Government to «stand up to powerful oil companies that have continued to abuse the human rights of the people of the Niger Delta with impunity for decades if it is to satisfactorily resolve the crisis in the region.»

The prime minister had claimed: «As the independent Office for Budget Responsibility has made clear, growth has been depressed by the financial crisis, by the problems in the eurozone and by a 60 % rise in oil prices between August 2010 and April 2011.

Socio - Economic Rights and Accountability Project, SERAP, has proffered solution to the lingering crises in the Niger Delta region, saying Federal Government must hold Oil Companies accountable for the devastation in the region.

«The Buhari presidency is fully committed to having an effective dialogue and positive engagement that will end the crisis in the oil - producing areas, and believes that these visits would further boost the confidence necessary for the attainment of peace and prosperity in the areas and the Nigerian nation in general.»

Labour's five turbulent years of office from 1974 to 1979 came during the global oil crisis and also saw domestic unrest — from militant unions, inflation, IRA and coup talk — which stimulated growing attacks on the Westminster leadership for betrayal and incompetence in the face of harsh choices.

The Minister of State for Petroleum resources, Ibe Kachikwu, on Tuesday said over 350,000 jobs in the oil sector have been affected by the economic crisis.

With Ghana's debt levels at almost 60 % of GDP and interest payments in 2014 amounting to more than four times Ghana's oil revenue for the year, it is not clear how adding to the debt burden is going to get us out of the current crisis.

During the 1979 oil crisis, a team at BASF's R&D centre in Ludwigshafen began looking for thermal insulators that would cut energy use.

But the oil crisis of the 1970s pushed researchers to search for alternatives made not of petroleum, but from plants.

Academic scientists quoted in stories late last week by NPR and The New York Times suggested that the amount of oil spewing out from the broken pipe on the gulf floor may be much more than 5000 barrels (794,936 gallons) per day — the official estimate of both BP and the government for the first 3 weeks of the crisis, before BP made any progress in stanching the flow.

The country doubled down on its nuclear bet after the oil crisis in 1973, convinced of the acute need for energy security built on a domestic source.

Here we have a tough - but - tender cowgirl working her dead father's ranch with only a lovable grizzled old coot for a ranchhand; a somber villain moving through his dark house like Dracula in his castle, hatching designs on the heroine's land as well as her body; a land - grabbing industrialist conspiring with the local banker to turn rangeland into oil wells; a tall, quiet wrangler winning the girl's heart and saving her land to boot; singing cowboys, fireside heart - to - hearts, a crisis with hero and heroine trapped by villain in a burning building, a climactic shootout, and boy - gets - girl.

2.2 ton, 0 - 60 in 3.6, bought for and driven by a 5ft tall 25 year old trophy wife / mid life crisis who took 6 attempts to pass her test and whose last car died when she filled it with oil (to the lifters) and did half the M25 at 70 in 3rd... And you just * know * she'll be using it as a school run «car».

The effects of the 1973 oil crisis still lingered and automakers struggled to catch up with new emissions and fuel economy mandates, making for hasty packaging and under - powered engines.

Conceived amid the oil crisis of the 1970s, Toyota's brave vision for a fuel - sipping sports car was a stroke of genius

It was supposed to be a small, fuel - efficient model — just the kind of thing people would be looking for in the aftermath of an oil crisis.

Due to the 1973 oil crisis, consumer demand for fuel efficient vehicles was high, and due to the engine being able to run on either leaded or unleaded fuel, it gave drivers fuel choice flexibility over other vehicles.

After the Arab oil embargo of 1973 and the 1979 fuel crises, a majority of American FR vehicles (station wagons, luxury sedans) were phased out for the FF layout — this trend would spawn the SUV / van conversion market.

The 1973 oil crisis combined with the collapse of the Citroën / Maserati relationship, made Maserati unable to gain EEC approval for the car.

US firm American Motors produced a budget version of cruise control for its automatic cars in 1965, but cruise control really took off in the US during the oil crisis of 1973.

The 1973 oil crisis nearly killed Citroen, which had purchased Maserati in 1968, while the early 1990s saw the Chubasco mid-engined sports car cancelled due to financial issues and the introduction of front - engined, six - cylinder cars, a rather awkward layout for the brand.

More than a decade earlier, Ford had decided against producing a new small car to rival BMC's Mini as the production cost was deemed too high, but the 1973 oil crisis saw a rise in the already growing demand for smaller cars.

Today, there may not be the backdrop of economic crisis that we had six years ago, but the fundamentals (in the short term) for oil have been impaired much more than was the case in 2008 - 2009.

Albertans in particular have been hit the hardest with commodities, oil and gas stocks collapsing to 2008 financial crisis levels, real estate prices stagnating while the rest of the country tests new all - time highs, and now two impending tax increases thanks to those voting for change in the provincial and federal elections.

BP's oil spill and the accompanying regulatory uncertainty have caused a perfect storm for HAWK, which may lead to a liquidity crisis.

These words belong to Haegue Yang, whose recent «Influences» piece for frieze ebbed through the various bygone tales that inform her multivalent practice, from the musical compositions of Isang Yun to the families who were left estranged following the Korean oil crisis of 1971.

Today, with the failure of the suburban experiment and the looming end - of - the world predictions — from global warming and waste to post-peak oil energy crises and uncontrolled world urbanization — architects and urbanists find themselves once more at a crossroad, fertile for visionary thinking.