Sentences with phrase «hard by oil prices»

Rob Carrick: Okay, here's something, let's look at what's happening in Alberta where they have been hit hard by oil prices.
Nigeria along with Angola, the leading oil economies on the continent have been hit hard by oil prices which have gone down by more than 50 percent in the last 12 months.

Not exact matches

Suncor is Alberta's biggest company by assets, but a near 50 % drop in oil prices in 2015 hit the company hard.
It says the economy, hit hard by low oil prices, will benefit from the growth of an entertainment industry.
Morgan Stanley also noted that oil and gas exports account for nearly 16 percent of Malaysia's gross domestic product (GDP), and the sector has been hard hit by crude prices falling below $ 50 a barrel again.
Hit hard by falling oil prices, Marathon resorted to divesting assets,
President Trump's pick for national security advisor signals a willingness by the administration to take a more hard - line stand against adversaries like Iran or Venezuela — and that could mean higher oil prices.
The energy sector was certainly hard hit by the sharp drop in oil prices.
As the headquarters city of choice for the energy industry, Calgary has been hit hard by the slumping price of oil.
Australian Stock Exchange — April 21, 2016 and May 4, 2016 The largest and the smallest oil & gas companies in the S&P / ASX 50 by market capitalisation, Woodside Petroleum and Santos, respectively, like about every other oil & gas company in the world been hit hard by the slump and continued volatility in oil prices.
To make things worse, Canada's economy has been hit hard by falling oil prices, and investors remain wary of a Canadian housing market that has shown signs of becoming a bubble, as well as rising consumer debt rates.
Russia was hit hard by the oil - price collapse, with sanctions making the situation even worse.
The Minister has consistently demonstrated empathy for the plight of Nigerians hard hit by dwindling oil prices and the impact on the economy.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
The energy exporter has been hit hard by the fall in the price of oil and sanctions imposed after conflicts over Crimea and Eastern Ukraine.
Monday's release, less extensive than the government's annual fall updates, comes amid numerous downgraded growth forecasts for Canada, which has been hit particularly hard by the steep slide in oil prices.
His predictions centre on the fact that as a net - exporter of oil, Canada's economy has been hit hard by falling commodity prices.
However, in Alberta, hard hit by the downturn in oil prices, the rate increased to 2.8 per cent from 2.5 per cent a year ago, while in Saskatchewan, the rate increased to 3.04 per cent from 2.88 per cent.
The crash in oil prices has hit Alberta hard and the number of EI recipients shot up by a whopping 72 % since the crash in oil prices began.
I would not try to assume that stocks are a good inflation hedge... Corporations have to buy raw materials and have to feed hungry workers... When the price of oil and foold go up it is very hard for corporations to improve on earnings, so if you think about it, much of the benefits of a rise in CPI are negated by a rise in raw materials prices... Put more bluntly, we are in a period of stagflation right now.
Vancouver shot up the ranking due, in part, to how hard other cities were hit by crashing oil prices and because its economic fundamentals are strong.
Some of the poorest countries in the world are so dependent on oil imports that their already fragile economies have been hit 10 times as hard as the U.S. economy by the oil price shocks of the past years.
Airlines in Trouble Over Oil Prices As we mentioned in our post on the return of turboprop aircraft, airlines have been hit incredibly hard by rising fuel costs and, in places where competition exists, by travellers switching to high speed rail.
And even though the economy in the resource - rich Canadian Prairies has been hard hit by plunging oil prices, McLeod continues to build its two Calgary offices with its current total of 49 lawyers.
There is no question Calgary oil patch workers and entrepreneurs have been hit hard by dropping oil prices.
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