Sentences with phrase «in oil money»

Terje Breivik, a lawmaker for the Liberal Party, which supports the minority government, said it's clear Norway can't keep setting «world records in oil money spending.

Bitcoin is now a legitimate asset class in the region rich in oil money.

The 2010 Rally for Jobs is this years version of the American Petroleum Institute «Energy Citizens» rallies held last summer, which a leaked letter written by CEO Jack Gerard revealed to be covered in oil money.

Use billions of dollars in oil money to equip guerrilla insurgents?

Not exact matches

---------------------------------------------------------- Read more from Mad Money with Jim Cramer Marathon CEO to Cramer: «Low oil is a good thing» Cramer Remix: What the election means for your money Cramer: Republican victory adds up in the market -----------------------------------------------------Money with Jim Cramer Marathon CEO to Cramer: «Low oil is a good thing» Cramer Remix: What the election means for your money Cramer: Republican victory adds up in the market -----------------------------------------------------money Cramer: Republican victory adds up in the market ----------------------------------------------------------

But when oil companies cut down production in response to depressed prices, the money stops flowing along with the crude.

Wren founded Petrel Consultants in 1978, a year when oil prices were rising, the provincial government was introducing incentives to promote exploration and Calgary, awash in money, was the place to be.

In this exclusive conversation, Kelly, a regular panelist on CNBC's «Fast Money,» also shares his views on the U.S. dollar, currency wars, oil, his investment approach and much more.

«They have money and are fed up with [the cycle of] being hired and rehired in the oil industry, so now many are looking to buy a business.»

Really, a powerful sales letter is like having a little oil well in the backyard, pumping out money for you, day and night.

For example, people who invested in January in the SPDR S&P Oil & Gas ETF, believing that oil prices would rebound in 2017, lost monOil & Gas ETF, believing that oil prices would rebound in 2017, lost monoil prices would rebound in 2017, lost money.

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

It's hard to verify independently the claims of retail traders who say they have made good money this year, when worries about a slowing Chinese economy and the slumping oil price have wiped up to $ 8 trillion from world stock markets in January alone.

That is because banks, private - equity firms and institutional investors have continued to pour money into the sector even as oil companies slashed billions of dollars in spending from their budgets and laid off more than 100,000 workers.

Collector Steven Tananbaum sued in New York state court on Thursday over the non-delivery of three Koons sculptures, claiming a «well - oiled machine» that exploits collectors» desire to own the artists» works by using incoming money to pay debts.

Several major commodities funds also lost money on oil wagers or shut in recent years.

The ban is being imposed despite the Philippines» reliance on remittance money from its Kuwait - based workers — 262,000 Filipinos are employed in the oil - rich Gulf sheikhdom, 60 percent as domestic staff.

The rub has been that government has been exceptionally able in printing money and creating promises, but is unable to print gold or create oil.

Foreign oil companies would refuse to dish out any more money to develop the country's resources if it knew that it could be kicked out at any moment by overzealous prosecutors in small towns.

Sinclair attributes the higher prices to a combination of factors including «the effects of the production cutbacks by OPEC and non-OPEC foreign producers finally kicked in, not to mention speculative money going into crude oil futures.»

Some of Friedland's past money - makers include the 1996 sale of his Voisey's Bay nickel property to Inco for $ 3.1 billion and the 2009 sale of Ivanhoe Energy's American oil and gas operations to Seneca Resources Corp. in a $ 40 - million deal.

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

Lower oil prices should put more money in the pockets of consumers already emerging from years of self - imposed austerity, says Richardson.

It has actually encouraged foreign participation from oil giants like Exxon Mobil (XOM), Shell, Chevron and BP in its offshore oil business as a way of quickly ramping up production as Petrobras (PBR) had neither the money nor the expertise in doing it alone.

The prosecutors in Campos are sending a message to Brasilia that it should tread carefully if it tries to take its oil money away.

In Lebanon, for instance, an IRC report found that 87,700 Syrian refugee families each given $ 575 via ATM cards spent the money on food, clothes, fuel oil and getting out of debt.

But the oil companies have made just ungodly profits, and we're spending just a boatload of money over in Iraq — we should have control of the oil.

The marriage of ASX listed Azonto Petroleum to the unlisted Calima Energy is essentially a story of money meets management experience with the marriage consummated at one of the best addresses in town, the Montney oil and gas play in Canada.

He said, in essence: «Look, we have lots of oil money, so we don't need your few tourist dollars.

Even with oil prices still down by half from the peak, improvements in well development productivity have enabled US producers to make money at much lower oil prices.

The «Mad Money» host has seen a few bearish signs lingering in the oil patch that have caused him concern, and he's starting to think companies are in more trouble than they realize.

«Anyone who uses a bunch of oil and has invested a lot of money in their equipment is a potential customer,» explains president Heather Hunt, a 22 - year veteran of the company who has done everything from answering the phones to managing the books to running daily operations.

In 2002, he fired nearly half of PDVSA's workforce, and at times he tasked PDVSA with duties that had nothing to do with the oil business, such as buying and distributing food, or loaning money to farmers.

«Mad Money» host Jim Cramer found some areas that are ripe for acquisition, and unveiled the signs to watch in the oil patch.

As they put more money in the smaller, pure - play companies that focused on one industry vertical, Big Oil began to trade at a discount.

A large company like Wells Fargo (NYSE: WFC) can ride out the ups and downs, and it also benefits from lower oil prices (people have more money in their accounts), an improving economy and an eventual interest rate hike.

Such optimism must somehow reconcile with all the forces conspiring against Canadian oil: the lack of pipeline infrastructure or «takeaway» capacity, the occasionally gaping price discount applied to Western Canada Select, the renaissance in oil production unfolding in the U.S., rising Canadian production costs and the flight of investor money out of commodities.

If the marginal barrel is moving by pipeline, the difference between oil in Alberta and oil on the east coast is likely to be comparable to the shipping tolls on Energy East, and so running Canadian oil would not save refiners any money at all relative to running imported crude.

And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other things.

The good news is that the downturn has led to huge technological and process improvements in the oil patch, forcing domestic producers to either find ways to make money at $ 40 oil or go out of business.

Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.

You made a lot of money in your CIBC days predicting where the price of oil was going, and you would heap praise on the industry.

It is even more beyond comprehension to me when I realize that the vast majority of that dirty money will in no way benefit British Columbia — it will go mostly to wealthy and powerful financial investors and to American oil profiteers.

Behind Germany and ahead of some of the oil producers, it runs the largest current account surplus in the world, which means that it is exporting its excess savings in a world that has nowhere to put the money, and so the world must respond either with speculative asset bubbles, unproductive investment, debt - fueled consumption binges or unemployment.

Regional oil and diesel supply business can earn you a whole lot of money to make you a millionaire in a short time.

All of that money is being translated into a sharp rise in drilling even as oil prices slump.

Venezuela's only hope at this point would be more assistance from Russia or China, two countries that have loaned large sums of money to the South American nation, a lot of which was given in exchange for oil cargoes.

The overall economics of oil extraction is that there is money in it - both for extraction companies and their investors.

Oil and gas companies, the most profitable corporations in history, are counting their fossil fuel reserves as money in the bank and continuing to spend capital on finding and developing even larger reserves.

Alberta's premier threatened trade retaliation against British Columbia for standing in the way of the pipeline, Canadian premier Justin Trudeau hinted that he could complete the project with taxpayer money, and BC's premier dug in his heels, recommitting his government to defending the coast from the risk of an oil spill.