Sentences with phrase «fuel price spikes»

And if in the future gas prices are higher than anticipated, renewables become even more cost - effective and reduce our exposure to those volatile fossil fuel price spikes going forward.

And because wind power has no fuel costs, buyers can lock in low rates for decades to protect against future fuel price spikes.

Second, it accounts for the fact that once you build wind or solar, it's effectively no - cost generation going forward, and can save customers a lot of money when fossil fuel prices spike.»

And an increased reliance on renewable energy can help protect consumers when fossil fuel prices spike.

Not exact matches

A spike in fuel prices, generally airlines» biggest cost after employee pay, is eating away at carriers» profits.

Warren Buffett's Berkshire Hathaway stood by U.S. airlines in the third quarter, even as carriers were hit by three massive hurricanes, a spike in fuel prices and heavy selling of airline shares by other investors.

OTTAWA — Rising gasoline and car prices fuelled the first significant spike in Canada's cost of living since February last month, lifting the annual inflation by half a point to 1.2 per cent — still low by historial standards.

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

This was driven by a spike in international visitors thanks to lower fuel prices, the lower Canadian dollar, and more direct flights to Vancouver International Airport.

The rise in bitcoin price coincided with a spike in commodities prices, fueled by a weakened US Dollar.

We need a # 110bn investment in our energy infrastructure, and a failure to invest now will lead to an increased dependence on imported fossil fuels, which are subject to volatile price spikes and security of supply issues.

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.

Historically, low gas prices have pushed Americans toward large, fuel - inefficient cars; price spikes tend to suddenly, and temporarily, boost sales of fuel - efficient models.

Recent spikes in the price of uranium — perhaps due to renewed interest in nuclear power as an alternative to fossil fuels as global warming makes its presence felt — have led to a surge in applications for new uranium mining permits on otherwise protected federal lands.

Just in time to give consumers more choices of fuel - efficient cars as gasoline prices continue to spike, Kia has brought us the redesigned Rio subcompacts for 2006.

It might be the industry's oldest argument inside the Beltway, but the prospect of a federal measure such as a higher fuel tax to alter consumer behavior is stronger than ever today after pump prices spiked in 2008 and consumers rushed to smaller, more fuel - efficient vehicles.

As they did with the last price spike in 2008, when the highest recorded price of a gallon of regular gas in Florida hit $ 4.08 on July 16, Florida dealers are seeing an increase in customer interest in fuel mileage.

With the auto industry slowly recovering, those willing to take a risk that fuel prices won't spike again may find now is the best time to make a great deal.

CALGARY — A gasoline price spike is to be expected around this time of year, when refineries switch from producing heating fuel to gasoline.

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

Early last year, when fuel costs spiked, pet food prices rose dramatically.

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

And automaker heavyweights like Bill Ford believe a gas tax would actually stabilize prices, and prevent the fickle drops and spikes gas prices are prone to now — allowing car companies to better predict future price patterns, and make more fuel efficient vehicles accordingly.

It may take another president, or two, before America's energy quest gets into the necessary gear, perhaps driven by a confluence of a new spike in oil prices and rising anger among veterans wounded protecting fuel convoys in Afghanistan and building evidence pointing to a growing, and harmful, human influence on the climate system.

Using corn for fuel rather than food caused a worldwide spike in food prices with grievous effects on the world's poorest.

Dependence on a fossil - fueled grid ties the poor to unpredictable and widely fluctuating fuel prices; with modest incomes and little savings, they are the least prepared to cope with price spikes.

Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (~ 20 - 25 years) to lock in prices and protect their customers from price spikes due to volatile fossil fuel costs.

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.

«The potential issues it raises in terms of the functioning of the wholesale markets actually may turn out to be relatively limited,» Weissman said, «except to the extent that it may do a lot better job in maintaining fuel diversity and may be important in reducing the risk of exposure to [natural gas] price spikes.»

While the drought may have triggered the price spike in corn, an underlying cause is the federal policy mandating ever - increasing amounts corn for fuel.

According to a report commissioned by the World Bank, global demand for fuels made from food accounted for nearly 70 % of the historic price spike in wheat, rice, corn, and soy during the summer 2008.

«That's an extremely high and dangerous level of dependence on any fuel, much less one that, when you look at 40 years of natural gas prices, is famous for having price spikes that can cause significant problems to the economy and significant energy shortages,» Shellenberger said.

Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (approximately 20 - 25 years) and lock in prices that protect their customers from price spikes due to volatility in fossil fuel costs.

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.

In late 2010 into early 2011, prices spiked again to a new record high, helping fuel the Arab Spring.

The «polar vortex» experienced in late 2013 also caused additional problems associated with natural gas prices which spiked as Ontario's storage was depleted and Ontario's and the Eastern US gas generation plants were ramped up just as demand for heating fuel was high.

The rise in bitcoin price coincided with a spike in commodities prices, fueled by a weakened US Dollar.

Bitcoin's price spike and increasing adoption have fuelled a Localbitcoins trading surge that has dwarfed any in the cryptocurrency's history.