Sentences with phrase «fuel oil becomes»

Not exact matches

LONDON, April 30 - For all the bullish chatter, hedge fund managers have become cautious about increasing their exposure to crude oil, though they are becoming increasingly optimistic about the outlook for refined fuels again.
Ultimately, oil and gas companies need to become what they claim to be; «integrated energy companies», rather than integrated fossil fuel companies.
As jet fuel costs rise in accordance with oil prices — and already fuel has overtaken labour as airlines» biggest expense — air travel could risk becoming unaffordable for the average person.
Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.
As an example, if oil is high, $ KORN will rise as ethanol becomes more desired as an alternative source of fuel.
The sponsors withdrew the resolution after the company agreed to report on how much of its oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel demand.
Corporate Knights said this analysis could explain «why some of the biggest oil sands players are gobbling up low - carbon patents and quietly running the numbers on different scenarios, such as when they should exit the oil sands or make the shift to becoming predominately alternative fuel and green energy firms.»
Fund managers are worried that some oil fields could become worthless as governments try to reduce fossil - fuel consumption to fight against climate change.
During the World War II era, hexane processing to extract oil from soybeans became commonplace to produce fuel for the war effort.
Combination of economic trends and policies Still, for now an array of Obama administration actions and economic trends are conspiring to cut emissions, according to EIA: Americans are using less oil because of high gasoline prices; carmakers are complying with federal fuel economy standards; electricity companies are becoming more efficient; state renewable energy rules are ushering wind and solar energy onto the power grids; gas prices are competitive with coal; and federal air quality regulations are closing the dirtiest power plants.
Moreover, Exxon Mobil expressed confidence that its oil and gas assets were unlikely to become stranded even under much tighter regulation of carbon emissions because the fossil fuels would be needed to grow the world's economies.
In 2005, it became focused on a process that made diesel fuel using fatty acids and oily agricultural residues that included palm oil.
And if alga is going to become a commercially viable fuel source, scientists must ensure that not only can it produce as much oil as possible, but also that it can grow as fast as possible.
This is according to the government's ambitious energy policy goals, which are driven by various well - known reasons: fossil fuels such as oil and gas are running out, becoming more and more expensive and are bad for the environment.
Parts of foods that historically were disposed of, used for composting and considered waste or at best reserved for lower quality, utilitarian applications (like lamp oil) have suddenly become «food» through the alchemy of fossil fuel powered extraction and processing.
The Civic GX (Natural Gas) becomes the first and only fully assembly - line - produced CNG passenger car to run on a very low - emission alternative fuel, helping reduce our dependency on oil as well as fuel costs.
However, I noticed the oil level increased (before I figure out the injector) and became very thin, I think it was mixed with fuel that leaked from the injector.
The range is perfect for making short runs, maintenance costs may drop (think of the money you'll save on oil and filters alone), and fueling could become a thing of the past.
As reported in Fleets and Fuels, «As more and more Americans realize that freedom from dependence on foreign oil is a national priority, the viability of American produced natural gas has become forefront.»
The old boxer's legendary thirst for fuel (and oil) became problematic, so the boffins at Toyota shared a tera - flop worth of direct injection engine data with Subaru to keep the project moving.
As oil wears, it breaks down, becoming contaminated with metal debris, unburnt fuel, and dirt.
As oil prices increase, Coal has effectively become the default fuel for electricity generation in the twenty - first century.
It is gradually becoming recognized that the huge waste of natural gas in the oil fields must stop if for no other reason than because in addition to fuel value it is the source of many chemicals.
-- Petrol stations under the majors were a v different retail / margin / return proposition — a focus on improving margins / return via food & beverage and convenience retailing is becoming far more obvious now, but it was always going to be difficult for the oil majors to re-imagine themselves as «retailers who also sell fuel».
Then the British coal miners» strike slammed into the coal market and residual fuel oil suddenly became a sought - after replacement fuel.
Proper utilisation of its oil and natural gas reserves has fuelled the economic growth of the sphere and the emirates have become a hub of industries.
What I find ironic is that it is his can - do optimism that is in this case working against our ability to do something about our dependence on fossil fuels and the climate change that this dependence is resulting in, that is, switching to alternate energy, preserving modern civilization and the world economy beyond Peak Oil and Peak Coal, preventing climate change from becoming such a huge problem that it destroys that the world economy — and more than likely leads to a series of highly destructive wars over limited resources.
But the price of oil never rose as was predicted, so the solar plant never became competitive with fossil fuel - based energy production (Carrizo sold its electricity to the local utility for between three and four cents a kilowatt - hour, while a minimum price of eight to ten cents a kilowatt - hour would be necessary in order for Carrizo to make a profit).»
It's clear that oil is becoming increasingly expensive and that carbon based nonrenewable fuels are contributing to climate destabilization.
Now climate research has become entwined with energy policy and the brutal politics of fossil fuels, in which states» stances largely are shaped by the presence or absence of coal or industries reliant on coal or oil for profits.
If fuel prices stay the way they've been (that is, expensive and becoming more so), we can expect to see more funding for magnificent developments in alternative fuels (sadly, one of which is coal) as they supplant oil as an industrial, commercial and transportation energy source.
The goal of climate policy should be to reduce demand for fossil fuels and if we do that the oil sands will become superfluous.
Americans might see this new oil around 2030, but it would end before 2050, when, according to petroleum geologists and economists, people had better be free of dependence on petroleum, because petroleum will have become too expensive to use as a fuel.
As oil prices drop, biofuels and transport electrification businesses become less economically attractive compared to using fossil fuels on an unsubsidized basis.
Natural gas grows to account for a quarter of global energy demand in the New Policies Scenario by 2040, becoming the second - largest fuel in the global mix after oil.
As oil and coal fall back and renewables ramp up strongly, natural gas becomes the largest single fuel in the global mix in the Sustainable Development Scenario.
«While Americans have rallied in support of clean renewable energy at home, the U.S. Export - Import Bank has made it a priority to handout money to fossil fuel companies to work on projects abroad,» said Kate DeAngelis of Friends of the Earth U.S. «If Trump gets his way, U.S. Export - Import Bank will become a slush fund for Big Oil's plans to accelerate climate change.
Alternative fuels have big advantages over gasoline, and electric - car purchases are rising, but more needs to be done to become less dependent on foreign oil.
Financial Times - Andrew Ward Fossil fuel companies risk wasting almost $ 1.6 tn on oil, gas and coal projects that will become...
Joan Clune, who helps to run the Sprague Oil Service distribution center in Matawan, New Jersey, said it was already running low on truck fuel and wasn't sure when new supplies would become available.
The point is this: As the peak of oil production comes and goes, and as natural gas does the same sometime later, people are going to become ever more desperate in a fossil - fuel constrained world.
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years
@gor, Eventually, Big Oil will become Big Hydrogen because oil and gas wells will run dry, and H2 is the lowest - cost and most efficient synthetic fuel that one can make from non-fossil energy sourcOil will become Big Hydrogen because oil and gas wells will run dry, and H2 is the lowest - cost and most efficient synthetic fuel that one can make from non-fossil energy sourcoil and gas wells will run dry, and H2 is the lowest - cost and most efficient synthetic fuel that one can make from non-fossil energy sources.
In the US this has reached a crescendo, with big fossil fuel companies (and Australia's BHP Billiton) falling over themselves to become part of the new oil rush.
Second, as the prices of oil and natural gas continue their downward plunge in search of a bottom, renewables on which climate change advocates are relying to replace fossil fuels become increasingly uncompetitive and in need of subsidies.
The current plan seems to be that when the oil begins to run out and the price of gas is to high, then it becomes affordable to convert oil sands in Canada to fuel (Downside is more Co2 released further contributes to global warming).
«One of the new and fundamental messages of this report is that renewable energies are no longer subject to the vagaries of rising and falling oil prices — they are becoming generating systems of choice for increasing numbers of power companies, communities and countries irrespective of the costs of fossil fuels,» said UNEP Executive Director Achim Steiner.
«Efforts to stay within a carbon budget, increase fuel efficiency, reduce costs and improve air quality mean that if capital continues to flow into oil sands, the projects risk becoming stranded assets», says Carbon Tracker's research director, James Leaton.
The EU is becoming oil independent because of the high fuel and gas prices.
«m all about reducing greenhouse gasses and the like, but yet we keep drilling for oil and not mandating our public transportation to become more fuel efficient!
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