The dollar's weakness, however, failed to
help global oil prices, which continued to fall in Monday trading following last Friday's data from Baker Hughes (BHI) showed U.S. oil and natural gas producers added 21 rigs over the past week,
Not exact matches
The effect of terrorist attacks in 2001, overcapacity, followed later by a high
oil price and the
global financial crisis, all
helped to push many big American carriers into financial difficulty.
Global oil prices, though, bottomed out last winter and the ensuing partial rebound in the crude market
helped to restore support for
oil stocks.
Their latest comments highlight the industry's remarkable resilience, but also serve as a warning to rivals and traders: a retreat in U.S.
oil production that would
help ease
global oversupply and let
prices recover may prove shorter than some may have expected.
However, Bord Bia said prospects for Irish dairy exports in 2017 look positive: Recovering
global dairy
prices and increased demand from key
global dairy importers and anticipated stronger
oil prices should
help exports.
The biggest factors
helping to suppress Canada's economic growth are the decline in
oil and other commodity
prices as well as continued modest
global economic growth.
This is one dollar for every man, woman and child in the U.S. — a small
price to pay for
helping to break the back of our
oil dependency — and curb the dangerous effects of
global climate change.
The recent energy
price shocks from Hurricane Katrina remind us of the need to conserve to
help the victims, and reduce our dependency on
oil,» explained
Global Green President Matt Petersen.
The boom in hydraulic fracturing and tight
oil production in the United States has
helped undermine Russia's international standing by contributing to plummeting
global oil prices.
«
Oil Giants Call for Global Carbon Pollution Fees --» Six major European oil companies are asking the United Nations to help impose carbon dioxide emissions pricing in all countries... the letter was signed by representatives of the United Kingdom's BG Group and BP, Italy's Eni, the UK - Netherlands's Royal Dutch Shell, Norway's Statoil and France's Total.»&raq
Oil Giants Call for
Global Carbon Pollution Fees --» Six major European
oil companies are asking the United Nations to help impose carbon dioxide emissions pricing in all countries... the letter was signed by representatives of the United Kingdom's BG Group and BP, Italy's Eni, the UK - Netherlands's Royal Dutch Shell, Norway's Statoil and France's Total.»&raq
oil companies are asking the United Nations to
help impose carbon dioxide emissions
pricing in all countries... the letter was signed by representatives of the United Kingdom's BG Group and BP, Italy's Eni, the UK - Netherlands's Royal Dutch Shell, Norway's Statoil and France's Total.»»
I know many on this site beleive peak
oil is a bigger threat than
global warming, but I can't
help but think the 20 - 100 year time lag between CO2 release and maximum effect is a far less addressable than issues of increasing fossil fuel
prices.
(15) such an open fuel standard would
help to protect the United States economy from high and volatile
oil prices and from the threats caused by
global instability, terrorism, and natural disaster.
(12) the establishment of such a vehicle fleet and distribution system would provide a large market that would mobilize private resources to substantially advance the technology and expand the production of alcohol fuels in the United States and abroad; (13) the United States has an urgent national security interest to develop alcohol fuels technology, production, and distribution systems as rapidly as possible; (14) new cars sold in the United States that are equipped with an internal combustion engine should allow for fuel competition by being flexible fuel vehicles, and new diesel cars should be capable of operating on biodiesel; and (15) such an open fuel standard would
help to protect the United States economy from high and volatile
oil prices and from the threats caused by
global instability, terrorism, and natural disaster.