Sentences with phrase «growing oil industry»

One benefit of this development is that the state's rapidly growing oil industry has provided many jobs in the short and medium term.
One benefit of this development is that the state's rapidly growing oil industry has provided many jobs in the short and medium term.
Increased water use in the rapidly growing oil industry in North Dakota's Bakken oil shale region, or play, is surprisingly due not only to oil well development but also to people, according to a recent study by the U.S. Department of Energy's (DOE) Argonne National Laboratory.
It did not want to jeopardize its place in Brazil's fast - growing oil industry.
Brazil needs the technology, equipment and expertise of foreign oil companies if it hopes to grow its oil industry.
If Brazil hopes to grow its oil industry it will need the technology and equipment of foreign oil companies.

Not exact matches

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.
VistaVu's decision to move closer to the decision - makers located in the Texas oil capital offers some valuable insights on how to establish a profile and grow your presence in a dense business hub like Houston, which is for the oil industry what Manhattan is for the investment banking sector.
Between rising oil prices and ongoing concerns over climate change, there is growing pressure on the global shipping industry to cut its fuel consumption.
But after the bust comes the boom: Expect soaring crude prices later this decade as demand from fast - growing Asia collides with greatly diminished supply — a classic bust - boom cycle with which the oil industry was all too familiar 100 years ago but may have forgotten since.
I mean, if demand doesn't grow, and industry cost cuts are 20 %, and we don't have a war with Ukraine, and Saudi Arabia doesn't change its oil policy, and Libya maybe comes back online, and Nigeria doesn't blow up — yeah, we'll probably be at $ 50.
The state's oil production grew tenfold over the past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national low and filling government coffers with surging tax revenue.
Wondering how an oil storage and pipeline company could grow revenue 73 % during a year when declining crude prices crushed most companies in that industry?
The economy grew along with cotton farming in the 19th century and continued into the 20th century with the oil and gas industry.
A senior oil executive is urging federal and provincial governments to put a significant price on carbon dioxide to encourage the industry to reduce emissions even as it increases production and accesses new and growing markets.
The majority of oil executives and industry analysts still believe that $ 50 - $ 60 oil will continue as the new normal, with U.S. shale supply growing stronger every time oil prices rise above $ 50.
If oil sands production continues to grow as industry predicts, it seems likely.
And while there is pressure on pricing in the industry, global oil consumption has continued to grow and the oil must move from production to refining operations.
Many residents of North Dakota are starting to feel the surge of economic growth that is running through the state thanks to a growing oil and gas industry, but they still are having problems paying down their credit card and other debt.
Cash flow challenges are a common occurrence for growing companies in the oil and gas industry.
The potential for smallholders to grow palm oil in ways that avoid the issues that have given the industry a bad reputation while earning a decent living is huge.
At the sectoral level, the Industry Sector recovered from a negative growth of 0.5 percent and is expected to grow by 17.7 percent in 2017 due to increased production in upstream oil and gas.
Nationwide, jobs in the oil and gas industry are projected to grow 6.4 percent by 2016.
If the anticipated growth in jobs and income in the oil and gas industry does not occur, then the desired indirect and induced economic impacts will not occur, and local and state tax revenues will not grow as hoped.
But extracting the oil accounts for millions of tonnes of carbon emissions each year, and the industry is growing rapidly.
But the commercial aviation industry burns nearly 240 million gallons (945 million liters) of Jet A daily and if oil prices were to approach the $ 150 - per - barrel mark reached last year, the demand for Camelina oil might end up driving farmers to grow less wheat — a staple food crop.
Because cellulosic hasn't grown as quickly as projected, the oil industry insists the old goal is simply unworkable.
Nonetheless, a growing awareness of environmental issues began seeping into Discover's ad pages, reflecting new pressures on the oil and automobile industries and a new sensibility among consumers.
When the car replaced the horse, many old goods and services (such as horse - drawn buggies, saddleries and smithies) went virtually extinct, while whole new industries and communities grew around oil, gas, paved road, motels and suburbia.
The carbon capture industry's focus on enhanced oil recovery has grown because, unlike saline aquifers, it gives captured CO2 a commercial value.
The faltering federal controls on methane followed a growing recognition of the gas's impact on the climate that translated into regulations on methane emissions for landfills and the oil and gas industry toward the end of Obama's second term.
Over the years, Baffin has created a line of industry - leading footwear that performs in extreme conditions for an ever - growing list of loyal users and activities, including snowmobiling, ice - fishing, hunting, mushing and working in industries like construction, oil, mining, forestry, and outdoor winter recreation.
Chris Cooper: I see the oil and gas industry in Canada continuing to grow with the advancement of new drilling techniques and new innovations in exploiting existing pools to increase the recoverability.
Finance, Oil and Gas, IT and FMCG are some of the fastest growing industries in the Indian market in which the money of the investors is invested.
More industries are growing, and those regions hit by lower oil prices are coming back to life.
The former - Soviet city was once used as a trading center for the region's oil and combines its architectural and cultural history with a growing wine industry, arts, and club scene.
The industry has also dealt with fluctuating oil prices but despite this has remained strong with growing numbers of customers and a number of new ships commissioned.
The predictable (and predicted) result was that both vehicle CO2 pollution and vehicle oil use grew dramatically until skyrocketing oil prices of 2008 shocked American drivers into a revolt, unfortunately nearly killing the US auto industry.
I will tell you, though, that understanding we need to grow — we're going to be consuming oil for our industries and for how people live in this country, we're going to have to start moving on this transition.
On the March 24 edition of Fox Business» Varney & Co., guest host Charles Payne and contributor Tracy Byrnes discussed the impact that the oil spill would have as «an impediment to growing out our fossil fuel industry» by providing ammunition for environmentalists.
Industrial hemp, a versatile plant grown for its fiber, seed or oil, was a valuable cash crop and a major industry in Pennsylvania for more than 260 years.
«Alex Epstein's book The Moral Case for Fossil Fuels documents the rapidly shrinking number of human beings killed by storms, floods and other climate events thanks largely to ever - growing industry, fueled mainly by oil, natural gas and coal,» says Stossel.
With the growing appetite of China and India, oil drilling industries struggle to cope up with the demand.
«The Bakken boom is a perfect example of how new and improved technology is allowing industry to tap previously inaccessible or unknown energy resources to create jobs, decrease our dependence on foreign oil and grow our economy.
Oil & Gas Workforce connects you with opportunities for jobs, education, certification and training in this growing industry.
The industry's greed only grows, fed by a clamor to exploit oil and gas reserves and continue to profit at the expense of people, wildlife, and the climate.
According to the Soil Association, this is because «most of the rape that is grown is used for industrial purposes — oil for industry or for biofuels, and there is no demand for organic rapeseed oil there.»
«Drillers fear that federal protections for more threatened and endangered animals could drive up their costs at a time when the industry is already battered by low oil prices, growing competition from renewable energy, and increasing attention from investors and regulators over the climate - altering impacts of fossil fuels,» DeSmog's Sharon Kelly wrote.
«Their target now is the only growing sector of the economy — the oil and gas industry, and their answer for running our country is more Solyndras.»
To a growing number of oil industry commentators this is because we have reached, or are just about to reach, peak oil — the point at which oil production hits an all time high then goes into terminal decline.
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