Sentences with phrase «impact of low oil prices»

Alberta continues to grapple with the impact of low oil prices on the economy, with Calgary particularly impacted due to the high concentration of energy companies occupying spaces in the downtown market, says JLL.
His expertise also includes innovation, marketing and real estate in Dubai, as well as the far - reaching impact of low oil prices on Saudi Arabia.
«Areas such as Austin, Dallas and San Antonio, who have very different economies, have mitigated the impact of low oil prices
Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his company's quarterly results and the impact of lower oil prices on jet fuel costs.
Changes in power costs due to falling oil prices, meanwhile, can vary considerably by market and region, and, in many markets, gasoline prices are so inflated by taxation that the impact of lower oil prices for consumers is considerably dampened.
The impact of lower oil prices on employment has not yet been felt.
The negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank's monetary policy response.
Oman, the poorest Gulf Arab country on the basis of economic output per person, was cut for the first time by Moody's Investors Service, which cited the negative impact of lower oil prices on government finances, economic performance and balance - of - payments.
Mexico also continued to make responsible fiscal adjustments by cutting its budget to cope with the impact of lower oil prices.
In the background of all this rate talk, is the global economic impact of lower oil prices.
Last year, the initial cut came as a surprise, but both cuts were an attempt to cushion the country's economy from the impact of lower oil prices.
But, right now, they're being offset by the impacts of low oil prices.
The indirect impact of lower oil prices The impact of lower oil prices on commercial...
The impact of lower oil prices on the U.S. commercial real estate market can be analyzed from two perspectives: the direct impact and the indirect impact.
The indirect impact of lower oil prices The impact of l...

Not exact matches

This impact would not be as immediate but something owners should consider if oil prices remain low for a prolonged period of time.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
The bigger change in our projection comes from the impact of even lower oil prices on Canadian income.
Alberta is one of the prairie oil - rich provinces which have been drastically impacted by low oil prices as sentiment fell to 58.6, the lowest since June 2013.
Edmonton, June 2, 2016 — Canadian Western Bank (TSX: CWB)(CWB) today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
CWB today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
Members were less worried about the negative impacts of Brexit, low oil prices and China's economic growth.
Market participants continued to weigh the supply - side impact of production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers in late 2016 and, on the other hand, the ability of the US shale oil industry to maintain output in the face of lower prices.
EIA explores the impacts of alternative assumptions about oil prices in a low - oil - price scenario and a high - oil - price scenario.
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The economy's struggles — led by the deep, negative impact of stubbornly low oil and commodity prices — have forced experts to repeatedly downgrade their growth forecasts for Canada.
Municipal bonds from oil states such as New Mexico and North Dakota remain in positive return territory but are beginning to show the impact of the economic drag low priced oil has created.
Already earlier this year the Bank of Canada lowered the overnight rate — which directly impacts variable mortgage rates — once in January and another in July, both times in an effort to stimulate the economy and offset some of the impact from a collapse in oil prices that began November 2014.
Cases with higher or lower world energy prices, represented by oil prices, have relatively little direct impact on power - sector emissions, as petroleum provides a small fraction of U.S. electricity generation.
In addition to its positive impact in utility prices, new and improved energy infrastructure will help our nation continue leading the world in the production of oil and natural gas and in the reduction of carbon emissions, which are near 20 - year lows.
While there are significant differences in projected natural gas prices across baselines, with persistently lower prices in the High Oil and Gas Resource case, the Clean Power plan itself does not significantly move natural gas prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementation.
By the time the president made the decision, oil prices were so low that the «unlikely» low oil price scenario in the State Department Environmental Impact Statement (EIS)-- where oil prices fell below $ 75 a barrel — had actually come to be and thus there was no shying away from the fact that the pipeline would cause the equivalent of over 6 million passengers cars worth of carbon pollution every year for at least 50 years.
«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.
[vi] This analysis includes the CO2 emissions from use of the oil and the impact of increased demand for oil due to lowered oil prices from the additional supply of oil.
With low oil prices impacting oil producers globally, the Nigerian economy is not short of disputes.
At the same time, lower oil prices are having a negative impact on some aspects of the U.S. energy sector, leading to possible layoffs and negative impacts in energy - centered markets.
It adds that the company's brokerages across Alberta are «weathering the impacts of very low oil prices very well.»
Next Up: We will take a look at the impact of this climate of lower oil prices on the real estate markets in Houston and across Texas.
The low oil prices have impacted the spending capacity of the region's sovereign wealth funds.
The central thesis of that article was that oil prices would certainly have an impact as expected layoffs would affect housing demand, but it would not lead to significantly lower real estate prices in 2015.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.
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