Sentences with phrase «much lower oil prices»

They've done just fine through longer periods of much lower oil prices.

This is mostly due to much lower oil prices after the oil shock (expected to remain around $ 53 per barrel in the next two years), as oil proceeds still account for more than 50 % of government revenues.

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.

Not exact matches

And thanks to the recent supply surge, North America's natural gas is currently fetching much lower prices than the ones Asian and European importers are accustomed too, which are usually pegged to oil rates.

Markets across much of the country have softened, particularly in the energy - reliant Prairie provinces of Alberta and Saskatchewan, where low oil prices are wreaking havoc on regional economies.

The long era of too much oil sloshing around the world and low prices is coming to an end, just as global events are heating up crude prices.

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.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.

Finally, much of the recent drop in inflation expectations is being driven by lower commodity prices, particularly oil.

Aside from the odd Tesla owner, most North American drivers wouldn't mind seeing OPEC pump as much oil as it can to drive prices even lower.

With the much lower than expected oil prices, we can no longer expect Alberta to be the driver of economic growth in Canada.

Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.

«$ 50 a barrel is still a pretty critical number and that number is going to be even more critical as we move into next year,» Tortoise Capital Advisors» Thummel told Bloomberg, noting that the lower oil prices could mean that companies would not hedge production as much as they would at higher prices to protect future output.

In today's tighter price environment, Big Oil is in a renewed competitive position because there is competition for new capital investments, which means lower production taxes, much lower production costs, and easy access to resources.

The Canadian economy continues to work its way back from the post-crisis global recession and the associated collapse in our exports while, at the same time, is adjusting to lower prices for oil and other commodities as well as a much lower exchange rate.

Looking at the R - Squared which is currently extremely low (0.02) indicating that the USD is not currently explaining much (if any) of the variation in oil prices.

The force of sanctions meant the Islamic Republic had to adapt to the reality of lower oil prices much earlier than other oil exporters.

Sergei Guriev, a former advisor to the Russian government, told CNBC that, should oil prices stay at their near - record lows of around $ 82 a barrel, Russia, which is basing its economic forecasts on a much higher oil price, would face a «serious problem.»

Rather than follow a disastrous road taken by some of her predecessors, and slash funding to government services while the price of oil is low, the NDP government is taking an opportunity to invest in much needed public infrastructure when the economy is slow and the price is right.

The potential reduction in Chinese imports could lead to lower oil prices for much longer, Gunzberg says.

However, with oil prices now at six year lows investor fears and uncertainty have sent share prices crashing by as much as 64 % in the last six months.

Bounds, you're an idiot to think those things did much to lower the price of gas, the real driver has been Saudi Arabia who opened up the oil taps 18 months ago.

They also find that a continuation of currently low oil prices could harm the climate as much as countries» Nationally Determined Contributions (NDCs) are expected to help it.

«The fact that oil prices are so low right now makes all this a much less big deal,» Lucas Davis, an associate professor at the University of California, Berkeley's Haas School of Business, said about cap and trade.

Russian luxury consumers travel much less these days, which is not surprising given that the rouble has lost 30 percent of its value against the euro in the past three years, hammered by low oil prices and bruising economic sanctions imposed over Russia's involvement in Ukraine and annexation of Crimea.

March 20, 2015 • Low oil prices have led to a drop in drilling, but not as much as you might expect.

Usually you'd pay that much for just an oil change alone at most places, but we're throwing the whole works in for one low price for the month of June.

I'm a long term bull on oil, and consider $ 70 - 75 as pretty much the lower bound on prices, coupled with frequent and ultimately sustained price spikes above $ 100.

(2) Secondly, there will not much (if any) dividend growth during times of low oil prices.

[While we're at it: a) I suspect the strength of the dollar & yuan will add (smaller) pluses and minuses to the P&L, while b) the lower oil price may add a second tailwind for OnePlastics in 2015, but larger customers & competitors will probably ensure much of this benefit gets passed along eventually].

The much - battered energy sector retreated another 0.31 per cent and now is down about 30 per cent year to date in a sell - off that has lumped high - quality, low - cost producers with companies that are more vulnerable to low oil prices because of higher debt and production costs.

BoC offers silver lining for lower oil prices and loonie» Why you're still paying too much for gas at the pump»

He pointed out that lower oil prices and a devalued loonie were absolutely taking a toll on household budgets, but argued that this was just part of much - needed world - wide rebalancing of an economical equation.

The contango exhibited in Crude Oil in 2009 explains the discrepancy between the headline spot price increase (bottoming at $ 35 and topping $ 80 in the year) and the various tradeable instruments for Crude Oil (such as rolled contracts or longer - dated futures contracts) showing a much lower price increase.

So if the peak oil case is wrong, producing a low carbon infrastructure to avoid climate change is going to require something much more radical than leaving it to the oil price.

Non-FoxNews watching UnAmerican Globalised Radical Atheist Islamic Communist Terrorist Oil Industry Foreign Business Owner undermining us with cheap labour, no human rights, no environmental or safety standards, Free Trade, manipulated excessively low exchange rates and an unfair much higher saving rate, driving up prices because they refuse to remain poor, as God intended, threatening us because they also refuse to stay unarmed and leave us with undisputed military domination, again, as God intended?

That's because although a high oil price of $ 50 - $ 70 is necessary to justify investing billions into a new oil sands project, the variable costs of getting a barrel of oil from existing operations are much lower (as low as $ 10 for steamed oil and low $ 20s for mined oil).

On the other hand, India doesn't have much of an oil industry to lose, so low prices have brought economic benefits, even easing the burden on the population of removing government transportation fuel subsidies.

The oil industry didn't make much noise about the Sierra Club campaign — after all natural gas prices were low and oil prices were high.

Data on the energy intensity of GDP show big variations across time and space, e.g. the sharp decline in US intensity after the oil shocks of the 1970s, which then flattened out as prices came down, and the much lower energy intensity of European nations with high gasoline taxes.

This policy has be overturned by a demand for lower CO2 at power plants, so homes now must pay much higher gas prices which are forced even higher by speculation being allowed in the gas and oil markets where supply is controlled by government policies not demand.

During the debate over the Keystone project, the oil industry rolled out a series of studies claiming that pipeline construction would create 20,000 temporary jobs in the United States and that lower oil prices (they didn't say exactly how much lower) resulting from the new crude supplies would create as many as 250,000 more jobs across the country over the long term.