Sentences with phrase «low cost of oil»

Bringing your car into Groove Toyota for an oil change takes no time at all, and the low cost of our oil change is worth ever penny to help maintain your car's value and increase its longevity.

That's thanks in large part to the low cost of oil and a compression of health care premium costs, potentially related to the ACA.

Not exact matches

Costs back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of reCosts back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of recosts of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of return.

Shell has been selling off billions of dollars worth of projects, including the oil sands, that it believes can't meet its new low - cost bar.

When the oil - demand peak came, Shell believed, petroleum prices might begin a slow slide, dipping too low to cover the costs of oil - sands production.

Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.

Critics of the deal had expected Britain to try to renegotiate the price, which they say was set too high before oil prices fell, dragging energy costs lower.

Suncor Energy Inc., the world's second - largest oil - sands producer, said first - quarter profit fell 23 percent on lower output, higher costs and absence of a gain from insurance settlements a year earlier.

Western Australia's only onshore oil producer has suspended production after being hit by the low oil price and the high cost of trucking its output to Wyndham rather than the much closer port at Broome.

That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.

It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.

Foley said that the low cost of natural gas compared to crude oil represents a major arbitrage opportunity.

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.

All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.

Oil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afterOil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afteroil prices after...

And innovative technology makes renewable energy cost - effective even in times of low oil prices.

However, you need to keep in mind that we are not talking about a systematic lowering of crude oil costs in eastern North America — we are talking about an increase in crude costs in Western Canada, combined with a potential small decrease in costs for some eastern refineries.

But now Papa said the the best days are behind some of those fields after a period of low oil prices prompted drillers to train their rigs on their best acreage and deplete the most cost - efficient production.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

Clearly, the first - order effect of falling oil prices for these companies is lower input costs, with the degree of reduction dependent on both foreign - exchange effects and the companies» degree of exposure to oil prices.

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.

Recent lower oil prices have helped Morocco cut those costs and shrink its budget deficit from nearly 5 percent of gross domestic product in 2014 to 4.3 percent this year.

It wants a straight, perfectly positioned, well - drilled drain hole right down the identified sweet spot of the reservoir being targeted, one that, when completed, will yield the maximum amount of oil over its economic life at the lowest possible cost.

The next step to putting the next barrel of oil on stream, at the lowest possible cost, is a major breakthrough in operational efficiency.

This could give China a stake in the lowest - cost oil producer and major exporter of the commodity that Beijing will continue to use in growing volumes in the foreseeable future.

Thanks to the low - cost nature of those wells, the company expects to deliver 20 % compound annual production growth through 2019 while living within cash flow around current oil prices.

That deal more than doubled Exxon's resource position to 6 billion BOE, giving it control of an extensive inventory of low - cost drilling locations that it can tap in the years ahead to grow output in an improving oil market.

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.

In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.

Central American countries are also enjoying ripples from growth in the US, and for them, lower oil costs are more of a boon than a bane.

It remains to be seen if oil prices will remain low for a long period of time, but the Federal Reserve's actions, which have kept lending rates near record lows since 2009, have allowed airlines like Alaska access to capital at a reasonably cheap cost.

DiLallo sums it up nicely: «Saudi Arabia has the lowest oil production costs in the world thanks to two strategic advantages: Abundant pools of oil close to the surface and no taxes on production.

This new appliance, best suited for oil and electrically heated homes, uses Time - of - Day electricity rates to lower heating costs by up to 50 percent.

«Lower oil prices strain the fiscal positions of fuel exporters and weigh on their growth prospects, while supporting household demand and lowering business energy costs in importers, especially in advanced economies, where price declines are fully passed on to end users,» according to the IMF.

Energy exporting governments must use falling costs as an prospect to reduce generous subsidies and restore their fiscal health, according to the personal arm of the Planet Financial institution Low oil rates will aid invigorate personal investment decision in the Center East according to a leading determine at the private...

However, due to the high costs of excavation, many of these methods are not financially sustainable at $ 30 - 35 per barrel oil prices, and may slow production or even shut down temporarily or permanently, because of low prices.

One of the best - kept secrets has been how much money Saudi Aramco has been making from extracting what is likely the lowest - cost oil in the world.

Nonetheless, vehicle sales keep failing to rise through their previous cyclical peaks, in spite of rising employment, record low financing costs and low oil prices (charts from CalculatedRisk)

Calling Wal - Mart «our best $ 35 oil idea» in a mid-December note, Nomura analyst Robert Drbul wrote that low oil and gas prices help Wal - Mart «for two key reasons: 1) we believe lower income demographic consumers stand to benefit most from lower gas prices, and 2) we believe its private transportation fleet (> 6,650 trucks; one of the largest in the world) will realize cost benefits due to low fuel prices.»

In a world of falling prices, however, it will be high cost production from shale formations and the oil sands, not the low cost conventional crude from places such as Saudi Arabia and Iran that will be hit the hardest.

«It leverages state control of the financial system to channel low - cost capital to domestic industries — and to resource - rich foreign nations whose oil and minerals China needs to maintain rapid growth.»

But in a major shift away from the previous Saudi - led policy of maintaining production to squeeze high - cost US shale - oil producers, OPEC countries agreed to target a lower level of 32.5 — 33.0 million barrels a day, although there was some skepticism about the absence of details on which members would curb output and by how much, which were delayed until the next meeting in November.

Aramco produces almost 10 million barrels of oil a day — just over 10 percent of the world's total supply — from some of the largest, lowest - cost fields in the world.

There is considerable variation in both the quality of and the ease with which a resource deposit can be extracted, so the most profitable strategy is to start with the high - quality, low - cost plays and, when these are exhausted, move on to deposits that are of lower quality and are more costly (think conventional oil fields vs. the oil sands).

I know it will not be easy to swallow that I consider having recourse to refined SHEA BUTTER but here are some reasons: 1) coconut oil is costly and my aim is not only to avoid using unethically sourced products, but also to reduce the cost of food; 2) coconut oil has a very low melting point, even lower than spreadable butter, and even in its solid state it is quite soft, so I am afraid this vegan butter will not be fit for making puff pastry; 3) for all I know, and I know little, so I am not completely sure of this, coconut oil has a better nutrient profile than shea butter and is less harmful (one may infer it from the resemblance between shea butter and palm oil).

Some of them — such as lauric acid — have higher melting points, and while we considered the option of developing our Coconut Cooking Oil to stay liquid at lower temperatures, it came at the cost of losing these valuable fatty acids.

no need for 4th place junkies on this site to worry... chelsea were only 12 points better than us last season and have strengthened their first XI but we have taken their substitute GK who is class cost us a couple of points but can make that up against lower opposition, man city have strengthened and will probably bring in de bruyne but we cant compete with oil money anyway man utd?

For those of us in the know, the absence is puzzling: why have so few candidates used low - cost online ads to list - build among oil spill newsreaders (after all, BP is doing it)?

One could frame the debate in the advantages of using less fossil fuel, which range from lower costs to people (an all electric car has operating costs about 1/4 that of a gasoline vehicle), to balance of payments (less capital flowing out of the country, especially relevant to countries who import most of their oil), to terrorism (not funding it, and western influence leaving the ME, which is the basis of most ME terrorist organizations) to conflict in general (most of the major conflicts in the last 30 years have involved ME oil), to finite supply (when we run out, we'll be facing a global economic meltdown).