Sentences with phrase «global oil prices made»

Royal Dutch Shell abandoned an oil exploration program in the Arctic Ocean in 2015 amid concerns that lower global oil prices made drilling in the remote region a risky investment.

Not exact matches

In 2016, the Organization of Petroleum Exporting Countries, headed by Oil Major Saudi Arabia, made an agreement between its members and a number of non-member countries to cut their oil production and reduce the global glut that had pushed prices so lOil Major Saudi Arabia, made an agreement between its members and a number of non-member countries to cut their oil production and reduce the global glut that had pushed prices so loil production and reduce the global glut that had pushed prices so low.

It ended disastrously because his government allowed Big Oil to make the government the scapegoat when oil prices dropped in response to global market forcOil to make the government the scapegoat when oil prices dropped in response to global market forcoil prices dropped in response to global market forces.

A surge in North American production made possible by technological revolutions contributed to a global crude oil glut that toppled prices from more than $ 100 a barrel in 2014 to under $ 50 today.

I expressed my views in this regard on WhatsApp last weekend, «Any country in which its elites consider re-electing a president like Buhari just as thousands of citizens are murdered across the country with not a single person arrested; a president who can not make an intelligent conversation on any policy or global issue with other global leaders; a president whose EFCC and DSS engage in open confrontation; a regime which crippled the economy and relies on cyclical movements in oil prices as its sole economic lever; a regime under which 10 million jobs are lost; and key accusations against top officials are treated with levity; just as the regime appears complicit in the invasion of its senate by thugs and seizure of mace... such a country is in serious trouble, that is if it isn't doomed.

«A carbon price would make the price of oil better reflect its true societal costs (including global warming impacts, health cost due to air pollution, as well as other environmental costs).

Amid lofty prices for crude oil and rising concerns about global warming, companies are racing to make algal fats into oils that can be turned into fuels.

From the article:... The collapsing oil price that is reshaping the global economy could derail the green energy revolution by making renewable power sources prohibitively bad value, experts have warned.

Given that there is evidence that the high oil prices of 2008 were part of what caused the global recession, this should make the U.S. and other oil dependent countries nervous.

A false move can make or break a trader trying to anticipate the price of winter wheat or heating oil or natural gas, said Drew Lerner, a meteorologist for Bridge Global Weather Services, a private forecasting company in Overland, Kan..

Regarding the swipe at Dr S Fred Singer and Dr Willie Soon, the only «confessions» Dr Singer ever made was that he'd received oil company funding for oil pricing consultation work years before the global warming craze began in earnest, and that he received a one - time unsolicited $ 10,000 donation from Exxon.

In fact, Exxon really «promoted» global warming the most in the 1980's and 1990's when they were making miserable profits and oil prices were low.

Global economic turmoil, slumping oil prices and the uncertainty of this year's presidential election are weighing on luxury - home buyers» decision - making across the U.S..