Sentences with phrase «get at the oil»

But the engineering feats needed to get at the oil below the salt layer have stoked Brazilian national pride.
When more energy is spent getting at the oil than the energy you extract, you stop drilling, so I don't see much future for tar sands, deep sea wells, etc. once the conventional sources get too expensive.
We can not and should not support hostile regimes to get at their oil.
And thanks to global warming from the burning of fossil fuels it may be possible within a decade or so to get at the oil.

Not exact matches

CALGARY, Alberta, May 2 - Alberta will hold talks with rail operators and oil producers aimed at smoothing the path to get more crude moving by rail to market amid a transportation bottleneck in the Western Canadian province, Alberta's energy minister said on Wednesday.
He later quit his job at the bank to pen Why Your World is About to Get a Whole Lot Smaller, an extended argument for how expensive oil would bring globalization to a halt.
This reached a fever pitch at the beginning of the decade when we saw many integrated oil companies get broken up in a bid to «unlock» hidden value.
Shell's Chief Executive Officer Ben van Beurden said the oil sector had yet to emerge from troubled waters, but huge cost savings meant oil majors were getting closer to balancing their operations at today's oil prices of around $ 50 a barrel.
The TSX got some lift from the energy sector with oil prices at a 15 - month high.
«LNG (Liquefied natural gas) continues to grow at 3 to 4 percent, oil continues to grow at about 1 percent, you've got natural gas growing at 2 percent, as you look long term that supply demand balance is going to be there.
When the social scientist and derivatives trader sat down at the same table at a friend's wedding in 2011, they got to talking about their shared interest in «epic failures,» like the BP oil spill in the Gulf of Mexico, the Fukushima nuclear disaster and Hurricane Sandy.
A reasonable assumption, as used by Patricia Mohr at Scotiabank, is that you can get Canadian oil to the Gulf Coast for $ 6 to $ 8 per barrel and to the West Coast for $ 3.50 to $ 5 per barrel.
They also include «Macho Man» Randy Savage, who according to Hulk Hogan would get yelled at by Andre because Savage would always have on too much baby oil.
«They said they knew who I was and where I lived,» said Alberto Arredondo, who got the call at work as a pump technician at an oil refinery in the central Mexican city of Salamanca.
In the season where Formula 1 gets to grip with its own «fuel crisis», we look at two of the biggest global oil companies involved with the business of F1.
«I can see a scenario where oil prices get super-bullish again if companies overcut,» he says on a recent morning, sitting in his conference room on the 38th floor of an office tower at the bottom tip of Manhattan.
In a characteristic jab at his less energetic Asian neighbors, he explains: «We haven't got oil and minerals on which other people have to pay royalties.
& # 9650 ExxonMobil Every time the laundry list of operational lapses at BP got trotted out this year, the obvious point of contrast was rival ExxonMobil, the biggest of Big Oil companies.
«While the fourth quarter was a disaster for both, Chevron got back on track» in the first quarter, said Brian Youngberg, an oil industry analyst at Edward Jones.
«Funds that suffered losses on their oil investments have to get out of their liquid securities in other sectors,» said Sam Ginzburg, head of trading at First New York Securities in New York.
That's why «people are scrambling to get that oil to market,» says Craig Pirrong, professor of finance at the University of Houston.
«If Keystone does not get approved, the rail capacity is going to be there,» Phil Skolnick, managing director and senior oil and gas analyst at Canaccord, said in an interview.
I always get amused at folks who think oil demand is going to drop and the only argument they have is EV's.
They have a point, but if we are not going to do that, which we are not — at least not yet — then we must get the oil to market.
From there, you've still got to break down your oil sands supply curve, which means looking at all the potential production, and the costs of getting those barrels to market.
For Tom's, listing the ingredients, such as natural spearmint oil, helps get consumers over any price barriers at the point of sale.
I think we might see about half of the states get to $ 3,» said Tom Kloza, global energy analyst at Oil Price Information Service.
If the Bank of Canada had kept the exchange rate fixed at - say - 0.85 USD, the prices that Canadian oil producers receive would be about 15 % higher than what they get now.
The oil we're now pulling out of the ground in North America, whether from the oil sands or shale rock in North Dakota, is tough to get at.
With the oil majors all trading at fair and undervalued prices due to the decline in oil prices I was able to both increase the yield of my portfolio while also getting great companies at a fair price.
The Pembina Institute argues the pipeline would enable oil sands companies to get a better price at U.S. Gulf refineries, sending a market signal to increase production.
Alberta's oilsands operations are getting increasingly more efficient in producing energy, though they still lag behind conventional oil, according to a new study published by researchers at the Haskayne School of Business and China University of Petroleum (Beijing).
Brent crude is getting closer to the all - important (at least psychologically) threshold of $ 60 per barrel, and oil prices are back in bull market territory.
According to the IEA's projections, if we're going to get serious about holding atmospheric carbon to 450 parts per million our days of increasing oil consumption are at an end.
At this point, oil sands players are getting less picky about which ocean that turns out to be.
So the U.S. doesn't have to offer a higher price to ensure it receives the supply it requires — on the contrary, the U.S. gets Canadian oil at a discount.
First, it's important to always note that all oil is not equal — if you're looking at a WTI - WCS differential and getting really upset about it, keep in mind that you're conflating heavy crude in Alberta with light crude in Oklahoma — there are pricing differences due to location and quality involved.
First, it's important to always note that all oil is not equal — if you're looking at a WTI - WCS differential and getting really upset about -LSB-...]
All of this led me to believe that we were seeing a unique moment to get some quality oil stocks at value prices.
To get a better understanding of the dynamics, let's look at some of the key features of crude oil, benchmarks and the fundamentals that drive the commodity.
«We have had our eye on looking for the best opportunity for us to get into LNG and Asia - Pacific — I see those as pretty closely linked — and that's what led us to thinking about Santos,» says US - born Cook, a one - time trainee on oil rigs in Michigan whose track record at Shell has earned her the moniker of the «first lady» of oil and gas.
That, in a nutshell, is why people want to get into oil stocks and why many portfolios have at least one oil - based asset.
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To boldly go... Consumers embrace voice assistants at CES 2018 A milestone for digital pink slips Taking paper out of the process Cyber risks in oil and gas «Hey Google, get me a car insurance quote.»
«There are pockets of areas that are getting stronger and weaker — certainly there is less demand in the oil patch — but overall I have not seen any market change in the amount of deal flow over the course of 2014 or 2015,» reports Michael W. Scolaro, managing director and group head of Asset Based Lending at BMO Harris Bank.
We are selling our oil at a discount to the U.S. because we can't get it to Quebec and Atlantic Canada.
But if oil had stayed around $ 35 per barrel (incidentally what the «energy experts» were calling for at the time), energy inflation would never have spiked, and neither headline inflation nor the federal funds rate would have gotten anywhere remotely close to the levels that sparked the financial crisis.
My friends in the industry say this is a ludicrous oversimplification for a number of reasons including (1) Kenney's valuation is based on what he called the «current global market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost of extraction or the fact producers would never dump that much oil onto the market at once and (3) Albertans only get royalties, not the entire amount.
«Even at these lower prices, the US shale production will continue to increase because technologies and knowledge of shale prices are getting better month after month,» says Leonardo Maugeri, former top manager at Italian oil company ENI and now associate professor at the Harvard Kennedy School's Belfer Center for Science and International Affairs.
When Sheila Hobson — an employee at a Murphy Oil gas station in Calera, Alabama and a party in the upcoming Supreme Court case — realized she was getting ripped off by her employer, she decided to do something about it.
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