Sentences with phrase «increased oil supply»

The EPA said the DoS had not accounted for the market effects of increased oil supply through Keystone XL.

Andy, I still feel the same way, but my rationale for allowing drilling wasn't (isn't) the same as McCain and others, who support it to increase oil supplies and reduce our dependence on foreign oil.

This situation creates a system of feedbacks that can be aptly described as an economic growth paradox: increasing the oil supply to support economic growth will require high oil prices that will undermine that economic growth.

Not exact matches

Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the International Energy Agency said on Friday.

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.»

And with supplies from Iraq threatened with disruption — in recent years, Iraq was the only major producer increasing its output faster than the U.S. and Canada — that American oil is only going to get more competitive in the marketplace.

Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.

The world's major producers have made a concerted effort to slow the advance of American oil production by increasing the supply and therefore reducing the price.

If Iran and the United States finalize an agreement on the latter's nuclear enrichment program and lift an embargo against Iranian oil, we would see another increase in global supply.

A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.

«Increasing the number of transportation options and markets for Canada's oil supply will lead to higher netbacks for all Canadian producers.»

The fresh supply of oil will damp the recent price increase.

On Thursday, the International Energy Agency (IEA) said global oil supply increased in February by 700,000 barrels per day (bpd) from a year ago to 97.9 million barrels per day.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

Private equity sees the most opportunity in natural gas and oil, thanks to more effective technologies like hydraulic fracking and horizontal drilling and related opportunities to harness the increased supply.

The pipeline or any other way to bring Western Canadian Crude to Tex refiners would speed up oil extraction in Alberta and increase world supplies, which would bring down oil prices for all Americans, by about a dollar a barrel according to Levi.

Alberta's unconventional oil reserves are big enough to meaningfully increase world oil supplies — and lower crude prices for everyone — if they're fully developed.

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»).

Raitt's three - year timeline to fully dispose of older DOT - 111A tankers (and immediate phase - out of 5,000 of the most vulnerable cars) is going to be a difficult one to meet given the existing capacity for suppliers to build new tankers, as well as the desire of oil and gas companies to continue the exponential increases in oil - by - rail shipments into the future.

Iran is looking to increase production even more by the end of the year, so any supply cut will have to be significant to really impact oil price.

Unconventional supplies of oil and gas are increasing around the world, countries like Iran and Mexico are reviving production, and alternative energy sources are becoming more viable.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

Traders sold oil off on a report that showed an increase in supply in Cushing, Okla., but it is about time.

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

The paper's authors apply a simple model of the world oil market to reach their conclusions, which are driven by the potential for the pipeline to increase global oil supply, thus lowering oil prices and increasing consumption.

That comment turned oil around in its tracks, with a little help from Genscape that showed supply in Cushing, Okla., fell back significantly from the increase they reported last week.

Let me give you a simple example — suppose the marginal barrel of oil globally is, in fact, an oil sands barrel, and so an increase in oil sands supply (i.e. more barrels available at a lower price) would increase world oil production and consumption.

Likewise, a fall in the price of oil would be bullish if it was due to an increase in supply, and bearish if due to a fall in demand.

As an increasing amount of links in the oil & gas supply chain become digitized, the threat of a catastrophic cyberattack grows by the day

Crude oil prices are taking a step back on Monday as an increase in rig counts and a drop - in supply in Cushing, Okla., and a perceived drop in Geo - political risk premium are causing traders to take a step back.

The U.S. sale from the reserve was expected at some point but the timing of the purchase shows that refiners need supply now because even with the increase in supplies this week, oil supply are below the average range for this time of year.

While there's currently no doubt that U.S. shale supply is set to increase, the pace at which it will grow will determine how much oil it would add to global supply.

This partly reflected weaker growth, but increasing supply seems to have been the key factor, at least for oil.

The oil price increase is based on simple demand and supply.

Since the publication of the QTR the Department of Energy is working seriously on reducing oil demand, other entities are working hard to increase domestic supply, the combination of both leaves us with an incredible scenario in which one the US is predicting to import 2 mbd less from OPEC countries by 2035 and 1 mbd more from Canada.

Oil prices are unlikely to keep a sustainable level above US$ 60 because U.S. shale supply would rapidly increase, effectively capping prices, oil traders tell BloombeOil prices are unlikely to keep a sustainable level above US$ 60 because U.S. shale supply would rapidly increase, effectively capping prices, oil traders tell Bloombeoil traders tell Bloomberg.

For example, if oil supply is expected to drop, scarcity increases and demand becomes heavier in comparison, driving the price up.

That lower baseline energy demand as well as marginal increases in supplies has led to lower global oil and gas prices and more competitive pressure on the uranium space.

But overall, the IEA said Thursday, global oil supply in June rose by 720,000 barrels a day to 97.46 million a day, boosted by increased output from OPEC and non-OPEC producers such as the U.S.

The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.

At the same time, we also have a capacity to dramatically increase our supply of unconventional oil and gas, provided we secure new customers and do so before our competitors.

Oil prices crashed in 2014 as supply increased and demand dropped.

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.

Iran plans to increase production to 4 million barrels a day, an increase of 33 percent over February's output, before it will join other suppliers in seeking to balance the global oil market.

Canada has been the U.S.'s largest oil supplier since 2004, and its U.S. exports have increased nearly 50 percent in just the last five years.

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

While we believe that current energy market fundamentals justify an oil price of $ 50 or above, we also note that productivity gains in US shale fields have increased the elasticity of supply from these critical swing producers, a factor that could cap any significant price appreciation.

China has steadily increased its Brazilian energy sector investments, including last year's $ 10 billion loan to Petrobras, Brazil's state - controlled oil company, in exchange for oil supplies.

A supply shock, for example a major oil price increase, will reduce both actual and potential output, as well as raising prices.

Hence the cost of food rises not only because the cost of the petroleum on which agriculture is based has increased but because food, now, like oil, is globally in short supply.