Sentences with phrase «increased demand for oil»

[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.
Therefore, things like supply interruptions or increased demand for oil will increase oil prices and have a negative impact on VLO.
But despite the predictability of problems, the world has moved ahead, adopting forms of urbanization, agriculture, manufacturing, and transportation that increased the demand for oil.
Secondly, as guest and I have been trying to point out if the appreciation in currency for Japan / Germany is due to increased demand for there manufacturing exports this is not the same thing as an appreciation caused by increased demand for oil exports.
Certainly, the ever - increasing demand for oil around the world has, in part, fueled the comeback.
April 13, 2018 - The algae based biofuel has all the abilities to satisfy the ever - increasing demand for oil and gas.
That will greatly increase the demand for oil and natural gas.
There was a talk of the increasing demands for oil from China's new...
It is said this is required to fill the «supply gap» left by: i) increasing demand for oil; and ii) natural decline rates of currently producing wells / fields.

Not exact matches

In supporting analysis for the Keystone application in 2006, Purvin and Gertz forecast that, demand in the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.»
In February, OPEC anticipated demand for its members» oil in 2013 would dip by about 100,000 barrels per day compared to previous forecasts, mainly because of increased production in North America.
Add to that increasing demand from China, and the long - term outlook for oil stocks looks good.
A mild winter led to swelling distillate stockpiles, resulting in a rare winter occurrence where heating oil traded at a discount to gasoline, catching refiners off - guard at a time when they typically increase distillate production to meet high demand for heating oil.
??? But the price of corn is going to be high enough that people are going to want to plant corn, only that corn acreage is going to come in and infringe on the soybean,» he says, adding that increased Chinese demand for soybean oil will mean fewer acres for cotton — putting even more pressure on an industry that's already feeling the pinch.
«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
However, the outlook for increased volumes of Canadian crude oil shipped by rail to the United States is highly uncertain despite significant U.S. demand for Canadian crude oil, specifically on the U.S. Gulf Coast.
If the Chinese economy is going to continue to increase its oil consumption by 10 % a year, another economy will have to cut back its oil consumption by a comparable amount to make room for the increase in Chinese demand.
As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.
Amid restarting refineries along the Gulf Coast and growing optimism about strengthening demand, the EIA dampened spirits somewhat by reporting a substantial increase in crude oil inventories for the week to September 15.
The former because it allows for a case in which a modest increase in demand leads to a large increase in price, and the latter because it would lead investors to hedge by moving themselves into Canadian dollars (more than they would otherwise) to protect against high oil prices.
Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.
If economic growth is leading to an increase in the demand for oil and bidding up its price, then the higher price means things are going well.
Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.
The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.
For example, if oil supply is expected to drop, scarcity increases and demand becomes heavier in comparison, driving the price up.
The Gulf Coast Express Pipeline, which is targeted to be in service in October 2019 pending regulatory approvals, would add a much - needed conduit for the flow to demand markets of the increasing amounts of associated gas that are being lifted from the Permian amid an avalanche of investment in the oil - rich play that spans West Texas and southeastern New Mexico.
In the case of offshore driller Noble Corp. and oil tanker operator Teekay Tankers, supply and demand played a big role, driving down prices for their services while increasing competition for the available work.
When demand for anything — oil, lettuce, fidget spinners — increases, prices go up.
The EIA continues to forecast that global oil demand will increase by 1.5 million b / d for the next year or two.
Oil in Global Economy Series: Tight supplies amid higher demand pushes Saudi to increase oil price for Asian customOil in Global Economy Series: Tight supplies amid higher demand pushes Saudi to increase oil price for Asian customoil price for Asian customers
Seasonally speaking, crude oil tends to make significant price gains in the summer, as vacationers and the annual trek of students returning to college in August creates increased demand for unleaded gasoline.
Usually, crude oil stocks rise as product stocks drop, and vice-versa, reflecting swings in refinery utilization, which simultaneously increase the demand for crude and output of petroleum products, and vice-versa.
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.
Guar Gum, commonly used for baking and a thickening agent, witnessed a sudden increase in demand when oil and gas companies started using the material for fracking explorations.
Capitalize on the increasing global demand for rice bran oil produced at the joint venture Irgovel plant in Brazil, where Irgovel management completed capital investments to increase raw rice bran processing capacity by approximately 50 % in 2015;
(April 23, 2014) Innovative Food Processors, Inc. (IFP) recently began commercialization of Partially Hydrogenated Vegetable Oil (PHO) replacement ingredients in response to pending FDA regulations and increased consumer demands for PHO - free product...
The increase in demand for coconut palm sugar could further result in fewer coconut products, including coconut oil, being available as a food source in the future.
In order to meet the increasing demands of distributors, coconut harvesters are being pushed to gather coconuts at a younger and younger age, well before the meat is mature enough to be used for milk or oil.
The increase in demand for electricity, reduction in the quantity of water at the Akosombo Dam, irregular gas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisis.
And in the environmental impact statement, Pilgrim officials wrote: «While crude oil shipment downriver is a relatively recent phenomena on the Hudson River, the increasing production of crude in North America because of fracking, and Canadian tar sands, is likely to result in increasing demand to move the crude oil to coastal areas for shipment to refineries.
«However, what we are sure of is that Iran will soon add to the oil glut once the sanctions on it are lifted and increasing research and innovations in alternative energy sources will continue to reduce demand for oil and push further down the price.
But given the world's increasing thirst for oil — and the demand for energy more generally — guessing black gold's future price is a speculator's game.
«There is an underlying demand for something better than $ 90 per barrel oil, that has better domestic supply and can help cope with increasing environmental pressure,» ATA's Heimlich says.
In the DRC, the study states, growing international demand for palm oil led to an increase in the nation's production of the product from 175,000 tons per year in the 1990s to 215,000 tons in 2010.
«It is unlikely that historically low rates of deforestation can persist in the face of growing pressures to clear land due to increases in population, demand for wood and charcoal, cropping with reduced fallow periods leading to soil degradation, and international interests in large scale land investments for oil, biofuel and other crops,» the study states.
When the projections for declining oil production are overlaid with the increasing demand for water, the risks become severe.
Increasing demand for corn, wheat, soybeans, sugar, vegetable oil and cassava competes for limited acres of farmland, at least until farmers have had time to plow up more forest and grassland, which means that tightness in one crop market translates to tightness in others.
To meet increased demand for palm oil, the government converted colonial rubber and cocoa plantations to oil palm plantations.
Results: With energy demands increasing around the globe, engineers continually look for ways to squeeze more fuel out of crude oil faster and with less waste.
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