Sentences with phrase «fuel oil for»

And the same applies to fuel oil for the homeowner.

Burn 1,000 gallons of fuel oil for heat releases 22.4 pounds of carbon dioxide per gallon according to the EIA or 10.15 metric tons of carbon dioxide a year.

Bunker fuels: Fuel supplied to ships and aircraft, both domestic and foreign, consisting primarily of residual and distillate fuel oil for ships and kerosene - based jet fuel for aircraft.

But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.

Not exact matches

LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.

Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.

LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...

Fossil - fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support for clean energy while protecting the interests of the oil industry.

Weakness in the company's fuel refining and chemicals businesses dragged on an upbeat quarter for Exxon's unit that focuses on producing oil and natural gas.

NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

SINGAPORE, April 24 - Brent crude oil rose for sixth day on Tuesday, passing $ 75 a barrel, on expectations that supplies will tighten because fuel is rising at the same time the United States may impose sanctions against Iran and OPEC - led...

Fossil fuel usage, meanwhile, is expected to hit its ceiling in 2030 at 2.93 billion tons of oil equivalent with coal expected to continue as the top energy source for China by 2050.

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 agaFor 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 agafor refined fuels again.

So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, tobacco products and indirect taxes.

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.

The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong demand for transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from oil and natural gas into chemicals.

On this year's list, robots are going places no human has ever been, «big data» is doing things that weathermen have never been able to master, carbon is being captured from waste and turned into fuel simultaneously, fiber optic cables are searching for oil, and future well blowouts are being averted (maybe).

The now - repealed U.S. oil export ban dated back to an era of feared fuel shortages after Arab members of OPEC imposed an embargo against the United States in retaliation for U.S. support of the Israeli military.

The EPA's recent move to roll back automobile fuel efficiency standards benefits almost no one except auto manufacturers, who save on R&D costs, and oil companies, for whom greater fuel consumption translates into more revenues.

Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $ 7 million.

UAF has worked extensively with both institutional and commercial partners in Alaska and in recent years, using drones to monitor sea lion populations in the Aleutian Islands, conduct ice flow and environmental surveying missions for NASA and National Oceanic and Atmospheric Administration, inspect pipelines for oil and gas giant BP and assist a Russian tanker during a dangerous late - season fuel delivery to the remote Alaskan outpost of Nome.

The net bullish position was equivalent to 1.411 billion barrels of crude and fuels - enough to satisfy global oil consumption for more than two weeks.

Low oil prices have also relaxed customers» need for new, fuel - efficient models.

«Oil is used primarily for transportation, and alternatives for transportation fuel needs to be found,» according to one CEO.

While shipping is slowly moving away from fuel oil towards substitutes such as natural gas, there's no obvious alternative to oil in sight for commercial aviation.

The oil market is really multiple sub-markets for crude, fuels, refining, services, engineering, construction, drilling, skilled labour, steel, raw materials etc..

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.

Even a 5 percent drop in demand for fuel in those countries would knock about 325,000 bpd from global crude oil consumption.

«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»

In Lebanon, for instance, an IRC report found that 87,700 Syrian refugee families each given $ 575 via ATM cards spent the money on food, clothes, fuel oil and getting out of debt.

«People have been predicting the end of oil and other fossil fuels for decades.

«There isn't really yet a large scale substitute for crude oil as a source of transportation fuel,» said Foley.

In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in coal and onshore and offshore drilling for oil and gas) and as a result of new infrastructure projects.

At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.

«The oil companies knew from 1959 on, they did their own study that there would be global warming happening because of fossil fuels, and on top of it that it would be risky for people's lives, that it would kill,» Schwarzenegger said in the podcast.

• Abu Dhabi National Oil Co., or Adnoc, is seeking an IPO of up to $ 2 billion for its fuel - retaining unit, Bloomberg reports.

In the case of limiting exports of refined fuel to B.C., he said, the government could argue it is simply pursuing a policy of enhancing value by relieving a glut of unprocessed oil from the oilsands for the good of its citizens.

Producers would have to develop new products and uses for the resource — gasoline, diesel, heating oil, asphalt, lubricants, petrochemicals and aviation fuel — before oil supplanted coal, wood and whale oil, the dominant energy sources of the day.

«With oil nearing $ 100 per barrel and gasoline prices continuing to rise, consumers» consideration for fuel economy once again is taking top billing,» Ken Czubay, a Ford vice president, said in a statement accompanying the firm's sales figures Tuesday.

Gulf Coast distillate fuel oil inventories have fallen for four consecutive weeks, according to EIA data.

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.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

A global awareness of climate change and the recognition that the endless combustion of fossil fuels is unsustainable is changing the game for the oil industry.

NEW YORK, April 20 Prices for heating oil and diesel fuel traded on the U.S. East Coast are scaling multimonth highs, bolstered by unusually cold weather across the country and a surge in export demand, particularly from Brazil and Canada.

While that rally provided lots of fuel for oil stocks, it was not the only catalyst driving this week's biggest movers.

As fuel is the greatest cost for each industry, the ETFs for shippers ($ SEA) and airliners ($ FAA) will also move based on the direction of oil prices.

Marathon Petroleum agreed to buy rival Andeavor for $ 23.3 billion in the biggest - ever deal for an oil refiner that would create the largest independent fuel maker in the U.S. Bloomberg Intelligence's Fernando Valle talks with Bloomberg's Alix Steel about the historic deal.

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.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

The beachhead groups were part of a larger constellation of advisers, including Oklahoma oil and gas mogul Harold Hamm (once considered for energy secretary), billionaire investor Carl Icahn (last seen shadily pushing for policy that would benefit his oil refineries), GOP energy lobbyist Mike McKenna (in charge of the DOE transition team), longtime climate skeptic (and hopeless dope) Myron Ebell, North Dakota Rep. Kevin Cramer (the oil devotee who supposedly wrote Trump's big energy speech last May), and Thomas J. Pyle, the director of the Institute for Energy Research (IER), a pro-fossil fuel «think tank» which, as we shall see, has provided several Trump staffers.