Sentences with phrase «gas prices low»

Specifically, it was tapping into the United States» vast shale gas resources that led to the supply glut, which in turn pushed natural gas prices low enough to compete against coal.

With gas prices low and SUVs and crossovers in high demand, Jeep has become vital to Fiat - Chrysler's bottom line.

With gas prices low and incentives high, the industry insists a growing percentage of buyers are demanding crossovers and light trucks, which they are conveniently ready, willing, and able to sell them, while purchases of ordinary passenger cars are said to be languishing.

CNBC's Jackie DeAngelis reports on factors pushing oil and gas prices lower.

With gas prices the lowest they've been in years,... Read more

The shale oil boom has driven natural gas prices lower and coal - fired power plants are switching over to natural gas.

«But we've also got to continue to figure out how we have efficient energy, because ultimately, that's how we're going to reduce demand, and that's what's going to keep gas prices lower,» he said.

Not exact matches

Our energy sector has been hurt partly by low natural gas prices and the discount placed on Canadian oil compared to world benchmarks, but gas and oil prices have generally been flat or on the rise.

In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.

The trust fund is paid for with receipts from the federal fuel tax, and with gas prices at low levels, an increase in the tax might be part of a more extended program.

DENVER — Western Colorado has 40 times more natural gas than previously thought, but an immediate boom is unlikely because of low gas prices, government and industry experts said Wednesday.

Its coal volumes have been falling for several years, and the combination of tougher environmental regulations and, in all probability, continued low natural - gas prices make it likely that the decline will persist.

Coal mining jobs are declining partly because low natural gas prices have cut coal's market share from 50 percent in 2000 to 30 percent in 2016.

The world's largest publicly - traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically - integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low.

We estimate that low natural gas prices and state policies that move utilities away from coal are savings tens of thousands of lives and tens of billions of dollars each year.

Demand is rising too: Goldman says China and other emerging markets are using more oil than analysts had anticipated, while low gas prices are encouraging American consumers to drive more than ever.

It's among a host of new startups developing technology for the oil and gas industry, which finds itself desperate for innovation in this era of low commodity prices.

The world's top oil and gas companies, including Exxon and Chevron, reported sharp drops in quarterly results last week due to lower oil prices and weaker refining margins.

So we asked in our research: What would happen if current low natural gas prices or pollution control policies caused all US coal - burning power plants to be replaced by natural gas generators?

«But I think customers are choosing to spend their disposable dollars in different ways, and that's part of the reason why we are not more optimistic about the lower gas prices,» she added, noting that consumers are spending more on cars, healthcare, electronics and home improvement, leaving little upside for Macy's.

Lower gas prices — down about 9 % compared to last year — are adding a few billion to U.S. consumers» 2014 holiday spending budget, Customer Growth Partners President Craig Johnson told Fortune.

The country's manufacturers vehemently opposed the idea, which they fear will put an end to the extraordinarily low domestic natural gas price they've enjoyed for the past few years.

On the plus side, it promises to boost demand for gas producers hit by the lowest prices in 14 years.

Greg Foran, head of Wal - Mart's U.S. division, said lower gas prices were «helping» as the discounter makes its way through the holiday season.

And thanks to the recent supply surge, North America's natural gas is currently fetching much lower prices than the ones Asian and European importers are accustomed too, which are usually pegged to oil rates.

Interest rates remain low, unemployment hovers around 5 percent, jobs are being added to the economy, and low gas prices have cut the cost of doing business.

Newton, who doesn't own the stock but has his eye on it, says investors have to believe that the U.S. will continue its push for energy independence and that natural gas prices will remain low enough to keep it a more cost - effective way to fuel up.

It helps that gasoline prices are low, and people spent almost 5 % less in April filling their gas tanks than they did in March — that likely freed up some cash for other purchases.

Sentiment continues to benefit from falling unemployment, favorable housing market conditions, low gas prices, and high stock prices among other things.

Obama raised new questions about the project during a trip to Asia late last week, saying it would not lower gas prices for U.S. drivers but would allow Canada to «pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else.»

Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.

Any commodities business comes with some volatility — the oil and gas business has had a tough couple of years amid low energy prices.

The price collapsed to ludicrously low levels and has remained low, sending some natural gas drillers into bankruptcy.

Deloitte cited the improving labor market, increasing home values and lower gas prices as helping contribute to improved consumer sentiment.

Low natural gas prices, combined with changes in the provincial tax regime, probably deserve as much credit as the worldwide economic downturn for the carnage that has subsequently ensued, with at least 40 B.C. resort and condo developments in creditor protection or receivership, according to Jurock.

The flipside of lower gas prices is lower operating costs.

Then there is the influence of gas prices — both the high ones and the low ones.

Patrick Dehaan, GasBuddy senior petroleum analyst, talks about low gas prices ahead of Independence Day travel.

The drag in Q2 was Canadian Tire's gas stations, where lowered gas prices drove down that segment's revenue more than 13 % compared to a year ago.

«Gas prices are currently at the lowest levels in more than a decade, thanks to a glut of supplies around the world,» said Julie Hall, AAA spokeswoman.

It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.

The Trump administration's main justification for weakening fuel standards — less - than - expected consumer interest in efficiency due to lower gas prices — is actually the reason why the nation needs more stringent standards in the first place, The Conversation argues.

While lower gas prices mean consumers theoretically have more disposable income, the Commerce Department recently reported that US retail sales were flat as shoppers have other priorities.

«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..

The company expects coal demand to rise in the coming year, but relatively low natural gas prices will continue to add downward pricing pressure.

Low oil and gas prices have pressured the value of many of his assets.

Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administration.

The existential threat facing automakers is compounded by investor fears that the automakers» recent boom is as short - lived as today's low interest rates and cheap gas prices.

Next, look to the right of the graph, and what's happened since 2015 — global prices have come into much closer balance, with Japanese import prices recovering a bit recently but still sitting about $ 7 / GJ above Alberta and B.C. gas prices, which are at near - historic lows.

CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.