Sentences with phrase «for transporting oil»

So, what «efficiency estimate» do you use for transporting oil?
«The extensive network of pipelines, shipping and other options for transporting oil around the world means that a single world oil price prevails,» the CBO pointed out.
As important as the Northeast Passage may become for transporting oil, gas, coal and ore, it is unlikely to significantly affect container shipping, in which on - time delivery is critical.
One spill is too many but pipelines are much safer than rail for transporting oil By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute State regulators in... Read more»
One such trade route is the maritime path for transporting oil from Persian Gulf exporters to East Asian consumers.

Not exact matches

A global oil company executive recently predicted that petroleum's dominance of world energy would last only another 20 years; other ways of providing energy, particularly for transport, were about to emerge.
The incident might result in restrictions on using rail to transport oil, which could increase the price discount for Canadian crude.
The transport bottlenecks have increased the discount buyers take for Canadian oil over U.S. light crude and Cenovus said its differentials averaged $ 24.28 per barrel in the first quarter, a 67 percent jump when compared with last year.
While E&P and service companies benefit from rising prices, the same can't always be said for «downstream» businesses (think refiners and gas station operators) or «midstream» firms that transport oil.
The upshot: For now investors should avoid pure - play downstream companies like Marathon Petroleum (mpc), which has focused on refining, retail gas sales, and transport since being spun off from Marathon Oil (mro) in 2011.
For TransCanada, the financial imperative to build Keystone may have fallen off recently amid a sharp drop in oil prices that could make extracting and transporting the product much less lucrative.
I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.
Anti-Keystone groups like to argue that blocking the pipeline would choke oilsand development in Alberta, but a much more likely scenario is that the oil industry would simply look for alternative transport means.
So the pipeline is being built by an American company to help small - to - medium sized American oil companies transport American oil to American refineries in the Midwest for American drivers.
Companies in this industry lease out equipment for activities related to air, sea, and rail transport, as well as construction of highways, roads, tunnels, bridges, and oil drilling.
The Calgary - based company has flagged a final investment decision in the not - too - distant future for the hotly - debated Keystone XL pipeline to transport Canadian oil to US refineries.
Because energy producers cut back on drilling and production when oil is cheap (and less profitable for them), investors were concerned that they would also stop ordering as many of MRC's pipes, which are used to pump and transport crude.
The discount on western Canadian oil is more than enough to compensate for the higher cost of unconventional transport.
April 14, 2005: The company announces a deal with PetroChina Co. to transport oil from Alberta to the B.C. coast for export.
The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.
A recent poll for the Asia Pacific Foundation found that a majority (51 percent) of respondents felt that the potential risks to the environment of transporting oil and gas to Asia outweigh the potential economic benefits.
It's possible that the potential routes for pipelines, railways, and barge transport for oil are completely exhausted and that without Keystone XL, Alberta would be left to transport oil sands by Volkswagen brigade, but somehow, despite the photographic evidence below, I find that unlikely.
For this analysis to hold water, you'd have to show that the barrels which would be transported by Keystone XL are, in fact, the marginal future barrels of oil sands production.
The Downstream segment comprises refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
You'd never know from the fighting language used by the B.C. premier that the pipeline has been safely transporting oil through the province for more than 60 years.
For example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensiFor example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensifor gasoline to rise, in turn making the cost of transporting goods more expensive.
Most of the 75 ships transport oil and gas products worldwide, presenting a conflict of interest for the commerce secretary as he negotiates trade deals.
«In the future, companies may try to get around the environmental approval process by seeking approval to build a natural gas pipeline, then converting it into a pipeline for transporting heavy oil.
UNP transports the materials needed to drill for shale oil and then transports the oil back.
Most people in the industry agree that those two pipelines will be enough to transport oilsands oil for quite some time.
TRAVERSE CITY, Mich. (AP)-- The U.S. government has fined Enbridge Inc. more than $ 1.8 million after accusing the Canadian oil transport company of missing deadlines for pipeline inspections following a gigantic oil spill in southwestern Michigan.
Natural - gas prices have crashed, the price of oil the companies also transport has declined and the outlook for growth in the pipeline industry has dimmed.
The rights to return the goods under the Distance Selling Regulations will not apply in the following circumstances: * in the event that the product has been used or returned incomplete * accommodation, transport, catering or leisure services * package travel * food, drinks or other goods delivered regularly to the consumer's home or workplace by a «regular roundsman» such as a milkman or domestic oil supplier * goods made to the customer's specification * goods that are perishable or can't be returned, such as frozen food and fresh flowers * audio or video recordings or computer software that the consumer has opened * newspapers or magazines * betting, gaming and lotteries * premium - rate telephone and website services We will not issue refunds for any items lost or stolen in transit to us.
(i) Unable to restore the power in a few states for more than 10 + days, since a tornado passed by it (ii) Unable to restore power for 7 + days in a snowy North Eastern state, since a hurricane passed by it (iii) Having no quality in science, math and technology; depending on «imports» to uplift them (or depending on Jesus to save them)(iv) Horrible crime in downtown, ghettos of any major city (v) Unemployment of 23 % (vi) Having a president who believes that the earth is 6000 years old (vii) Having a presidential candidate which believes in subjugating women (viii) Having more than 50 % of its 2012 graduates un / under - employed (ix) No public transport, resulting in hell on earth even for a small rise in crude - oil prices (x) A crappy health care system (xi) A debt of 14Trillion, which corresponds to 50K per US resident.
In order to compare farming systems, they are subdivided into emissions due to burning of oil and fuel (direct energy) and the use of oil and fuel for the production and transport of fertilizers, machinery and synthetic pesticides (indirect energy).
Edwina Akufo - Addo's alleged involvement in the scandal that hit the Bulk Oil Storage and Transport (BOST) is the outcome of years of lies said against former President John Mahama by her father president Akufo - Addo, according to the MP for Ningo Prampram.
The musician turned politician, is the man currently handling contract for hauling oil for the state owned company, Bulk Oil Storage and Transport (BOST to various parts of the countoil for the state owned company, Bulk Oil Storage and Transport (BOST to various parts of the countOil Storage and Transport (BOST to various parts of the country.
You might as well say that the fuel duty (which is not progressive, which also hits users of public transport and which will bring in more than the 50 %) is either a victory for green politics (in which case why the further investment in North Sea oil?)
Environmental groups and elected officials have expressed concern in recent years about the potential for a catastrophic oil spill involving barges that transport oil products up and down the Hudson River from Albany's port.
Town of Rosendale Councilwoman Jennifer Metzger, a co-founder of the group Citizens for Local Power, says there should be no expectation that the pipeline would reduce the amount of crude oil transported by rail, and she criticized Pilgrim officials for making what she calls misleading statements.
, but not one research includes production of the batteries to pollution, while they happily add the refinement of crude oil and cost of it's extraction and transport for Petrols and Diesels.
It said, «We deeply regret the use of our platform to make the unverified claims against Mr. Awuah - Darko who was the Chief Executive of the Bulk Oil Storage and Transport Company», adding «We wish to unreservedly retract the claims and apologise to Mr Awua - Darko for any inconvenience caused».
The decisions the current Government takes on transport to tackle the dual challenges of climate change and rising oil prices could have significant repercussions for many years to come... Friends of the Earth is calling on the Government to: «Change direction on transport policy - and aim to rapidly move towards a low - carbon transport system... Vehicle Excise Duty must be changed to make road tax on gas - guzzlers more expensive - and cheaper for greener cars...»
«The Vice President also made the point that in 2014 with oil prices as high as 120 dollars per barrel, the total capital released for Power, Works, Housing, Defence, Transport, Agriculture and Defence were just N152Billion for the whole year.
With more than 100,000 Hudson Valley residents dependent on the Hudson River for drinking water, Riverkeeper has urged community leaders in Dutchess County, Poughkeepsie, Hyde Park, Rhinebeck, Highland and Port Ewen to understand the risks posed by crude oil transport on the Hudson River, and actions they can take to protect their drinking water supplies.
The former Chief Executive Officer of the Bulk Oil Storage and Transport (BOST), Kingsley Kwame Awuah - Darko, has sued the Member of Parliament for Assin Central, Kennedy Agyapong for making supposed «defamatory» comments against him.
Following the global report indicating that Ghana's market has been flooded with toxic diesel, it has been reported that data from the National Petroleum Authority (NPA) has revealed that Bulk Oil Storage and Transport Company Limited (BOST), the state owned strategic reserve holder, accounts for a significant 25 % of the total quantity of diesel imported into the country for the first six months of 2016.
Until recently, expanding and building pipelines was not terribly controversial, as most people agreed that there was a common need to transport oil and gas for fuel and electricity.
This is an issue about timing the market and for crude oil and other petrochemicals being transported on the Hudson.»
He says the old cars can still be used for transport of less volatile liquids such as corn or canola oil.
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