Past CEO Hal Kvisle and his successor, Russ Girling, have since diversified
into oil transportation and power generation.
Not exact matches
As the North American
oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for
oil - by - rail, what is clear is that the North American
oil market will eventually settle
into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.
Grantham also believes that within the next five to 10 years there will be «dramatic technological improvements in non-
oil based
transportation» that will send the
oil industry
into a sharp — and permanent — decline.
The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong demand for
transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from
oil and natural gas
into chemicals.
In April 2018, PDC entered
into a firm
oil transportation agreement with Tallgrass Energy to transport 12,500 gross operated Wattenberg barrels per day via pipeline to Cushing, OK and area refineries.
Not only will triple digit
oil prices sever those trans - oceanic trade links through soaring
transportation costs but they will throw the U.S. economy back
into recession.
Refiners don't particularly want tar sands
oil, which is tougher to make
into usable
transportation fuel, so it sells for about $ 20 to $ 30 less per barrel than crude from Texas or the Dakotas.
It is obvious that our critical economic challenge is to diversify our economy away from rents from
oil,
into a productive economy based on manufacturing,
transportation, mining, agriculture and construction, exports amongst others.
Kwesi Pratt Jnr, Managing Editor of the Insight believes the Chief Executive Officer of Bulk
Oil Storage and
Transportation (BOST) Company Limited, Alfred Obeng, must step down for investigations to be conducted
into the alleged sale of contaminated fuel to consumers.
The Majority in Parliament has called for a full - scale forensic audit
into the activities of the Bulk
Oil Storage and
Transportation Company (BOST), beginning from 2009, as they referred to the minority's stance on the contaminated fuel sale saga as hypocritical.
Financial analyst Sydney Casely - Hayford has called on the Bureau of National Investigation (BNI) to expand its probe
into activities at the Bulk
Oil Storage and
Transportation Company Limited (BOST) to cover previous administrations as well.
The Africa Centre for Energy Policy (ACEP), has called on the Chief Executive Officer of the Bulk
Oil Storage and
Transportation Company Limited (BOST), Alfred Obeng, to step aside for a full - scale investigation
into the alleged sale of contaminated fuel.
Israel plans to cut
oil use in
transportation by 60 percent by 2025, an aggressive target by world standards, and will tap
into its newfound natural gas deposits to make it happen.
A recent report by the Intelligent
Transportation Society of America projects that so - called intelligent transportation systems (ITS) could achieve a 2 to 4 percent reduction in oil consumption and related greenhouse gas emissions each year over the next 10 years as these technologies percolate in
Transportation Society of America projects that so - called intelligent
transportation systems (ITS) could achieve a 2 to 4 percent reduction in oil consumption and related greenhouse gas emissions each year over the next 10 years as these technologies percolate in
transportation systems (ITS) could achieve a 2 to 4 percent reduction in
oil consumption and related greenhouse gas emissions each year over the next 10 years as these technologies percolate
into the market.
TEL AVIV (Reuters)- Israel plans to cut
oil use in
transportation by 60 percent by 2025, an aggressive target by world standards, and will tap
into its newfound natural gas deposits to make it happen.
Electric drive vehicles have the potential to wean the United States off foreign
oil and drive it toward an era of zero - emissions
transportation, but that potential is being pushed
into the more distant future by the ominous fact that most consumers aren't buying them.
While expectations are that the new rules will go
into place over time and not impact the
transportation of
oil, regulatory implementations are not always smooth.
Shares of Student
Transportation Inc. (TSX: STB)(NASDAQ: STB) and Suncor Energy Inc. (TSX: SU)(NYSE: SU) could go in opposite directions if the
oil rally continues
into 2018.
Downstream activities include the refinement of crude
oil into other products, as well as marketing for crude and other
oil products, energy
transportation, as well as the manufacturing of industrial plastics, lubricants, and others.
Grantham also believes that within the next five to 10 years there will be «dramatic technological improvements in non-
oil based
transportation» that will send the
oil industry
into a sharp — and permanent — decline.
Hall, who wasn't involved in Hughes» study, thinks the EROI for
oil sands would fall closer to 1:1 if the tar sands» full life cycle — including
transportation, refinement
into higher quality products, end use efficiency and environmental costs — was taken
into account.
The LCFS would essentially ban imports to California of fuels derived from unconventional sources such as
oil sands from Canada,
oil shale from the Western US, or domestic coal supplies that can be converted
into transportation fuels.
Pickens claims that the United States has natural gas reserves that are equivalent to 700 billion barrels of
oil and it is his personal crusade to move that ocean of natural gas
into the American
transportation sector.
«Unlike in the 1970s, today only 2 % of U.S. electricity is generated from
oil, so plug in hybrids enable the
transportation sector to tap
into the array of vast domestic and much easier to secure energy resources which power our grid, and thus can increase vehicle fuel choice and greatly reduce our dependence on hostile suppliers of
oil.»
And they warn that investing billions of dollars in
oil transportation will lock the U.S.
into continued dependency on an increasingly heavy type of imported crude that will drive up emissions both from the foreign producer and the domestic refiner.
Environmentalists mistakenly think that blocking the Keystone pipeline will prevent crude
oil, derived from Canada's
oil sands, from being extracted and from being conveyed
into the U.S. to be refined
into gasoline, asphalt, and other products that are important to the
transportation and manufacturing sectors.
In the absence of a clear and coherent government policy for incorporating plug - ins (and biofuel)
into America's
transportation system, there could be more frequent
oil price gyrations as traders face the new uncertainty of trying to predict how much gasoline Americans are going to consume in their cars and trucks versus how much electricity and how much cellulose and grains.
Subsequent
transportation, industrial,
oil, real estate, and technology booms have grown the «Big D»
into the one of the country's economic anchors.