At the pump, clean fuels will protect consumers
from oil price spikes by providing greater choices, while increased local production will create jobs producing clean fuels across our state.
If I produced corn ethanol, and the price of oil went up, I'd charge a lot more for my ethanol to maximize profitability while my competitor's prices were high, which, in a nutshell is why ethanol does little to protect consumers
from oil price spikes.
Not exact matches
«If Trump abandons the deal, he risks a
spike in global
oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian
oil from global supplies.
«If Trump abandons the deal, he risks a
spike in global
oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, noting that reintroducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian
oil from global supplies.
Any
spike in
prices to $ 100 (or even just $ 80) will only accelerate the stampede away
from oil.
ENERGY:
Oil prices fell back
from spikes last week on fears over an escalation of strife in the Middle East.
While the inflation impact
from higher
oil prices and commodity
prices in general, continue to pump up inflation expectation and push bond yields higher, keep in mind that much of the recent
spike in Yields is about as much about supply as it is about inflation.
Finance secretary Hasmukh Adhia had last month and economic affairs secretary Subhash Garg had last week ruled out any immediate reduction in excise duty to cushion the increases warranted
from spike in international
oil price.
The Chavez approach — to raise taxes on
oil companies and use a
spike in energy
prices to fund literacy and health programmes for the poor — prompted a hostile reaction
from the Bush administration.
The U.S. Energy Department said on Thursday it would release 500,000 barrels of crude
oil from the Strategic Petroleum Reserve as Tropical Storm Harvey's disruption of the petroleum industry has
spiked motor fuel
prices.
«Untitled
Spike Jonze / Charlie Kaufman Project «Synopsis: A satire about a gathering of world leaders as they plan a series of world - changing events,
from wars to shifting
oil prices.
To those of us far
from Wall Street it seems the sort of action that would put GM in the same position it was in 12 years ago, when an economic downturn or a change in automotive tastes due to something like a
spike in
oil prices could lead to serious cash shortage.
Because gasoline
prices are largely determined by the cost of crude
oil, which is set on the world market, experts say that the way to reduce our vulnerability to gas
price spikes is to decrease our dependence on
oil, regardless of where the
oil comes
from:
Unless, as Michael Levi of the Council on Foreign Relations and The Post's Brad Plumer pointed out, America were to take the extraordinary step of removing itself
from the world
oil market entirely, which could lead to its own
price spikes and ignite a trade war.
But we can build cleaner cars that reduce
oil use and protect American consumers
from spiking gas
prices.
Then
from 2010 to 2011, the
price of wheat doubled — fueled by a combination of extreme weather events linked to climate change,
oil price spikes and intensified speculation on food commodities — impacting on Syrian wheat imports.
Over-hyped reserves of
oil - bearing shale and OPEC's deliberate overproduction (to starve U.S. frackers) temporarily wiped the 2008
oil price spike from Americans» memory, and they'll be caught off guard when it returns.
Until the recent
spike in gas
prices, much of the discussion about solving our transportation problems — namely, emissions
from cars and dependence on foreign
oil — centered on increasing the efficiency of the vehicles we drive through higher CAFE standards and new designs.
However, economic growth will remain constrained by various headwinds, such as a potential
spike in
oil prices due to tension in the Middle East; an expected decline in net exports
from the global slowdown; and an expected increase in fiscal drag, including the fading of federal spending
from the stimulus and a decline in defense spending for operations in Iraq and Afghanistan.»