In April when the State Department released a draft of its environmental assessment of the Keystone XL proposal that suggested
much more oil will be shipped by rail without the pipeline, I wrote:
This illustrates the fact that transportation is
much more oil - dependent than electricity generation, and existing technologies offer few fundamental solutions for alternatives in the transportation sector.
NPR's Richard Harris has learned that
much more oil and natural gas, 70,000 barrels a day or more than ten times the official estimate, is gushing into the Gulf of Mexico from the Deepwater Horizon pipe, based on scientific analysis of the video released Wednesday.
BP's refinements of the process increased by one thousand times the surface area of the crack, meant that
much more oil flowed to the wellhead compared with earlier techniques.
«Canada has
much more oil sands that could be brought into production if they had infrastructure.»
You certainly could try this recipe without oil, and if you are used to eating simple, whole foods, it may work for you; but it would not have the same mouth feel or taste as those you can buy, as they contain
much more oil than this recipe.
I don't recommend shallow - frying them as they will absorb much,
much more oil that way.
In deep frying there is
much more oil and you do not have to turn the chicken.
A lot of recipes I've seen have
much more oil or butter and lots of sugar — both of which pack on the calories.
Not exact matches
As world
oil prices increase, the oilsands become
more valuable and, all else equal would generate
much higher returns.
So far, the Obama Administration is giving the agricultural community a pass, even though it emits as
much or
more methane than the
oil and gas industry.
Even
more amusing was the realization that the Quebec maple syrup industry maintains a «global strategic reserve» in
much the same way that countries keep mass stockpiles of
oil or grain.
The public outcry from an environmental disaster such as an
oil spill or violating the pay laws of your employees will cost your business
much more than the expenses of being socially responsible.
In this exclusive conversation, Kelly, a regular panelist on CNBC's «Fast Money,» also shares his views on the U.S. dollar, currency wars,
oil, his investment approach and
much more.
«The Petro is really a top - down hierarchically controlled asset, and its
much more akin to a new way to tokenize
oil,» he added, noting that when the first gold ETF appeared, they weren't considered gold, but a different way of packaging the commodity.
And his goal is to diversify the economy and to create a
much more dynamic place that is not dependent on
oil revenues from the National Oil Company or Ram
oil revenues from the National
Oil Company or Ram
Oil Company or Ramco.
EOG, too, gets
much of its
oil from fracking, but it has invested particularly heavily in scientists and technology to help it drill
more accurately.
In the crude
oil market, we found that accuracy of testing relied
much more heavily on operator judgments in how they executed and / or interpreted the test.
They continue to use Canadian milk in an era when
much of the «ice cream» on the shelves is really frozen dessert,
more vegetable
oil than cream.
The BP spill led to
more regulation (although not as
much new in the U.S. as some would like) and less investment in the U.S. offshore
oil industry than would have otherwise been the case, and these changes were likely compensated for with increased investment elsewhere.
The only options for Canada's
oil producers are the Trans Mountain expansion, which will triple the line's existing capacity from 300,000 to 890,000 bpd, taking Alberta to Canada's Pacific Coast and Enbridge's Line 3 expansion to Wisconsin, which will boost the pipeline's capacity and is
much more likely to move forward.
Moody's studied 37
oil and gas companies in Canada and the U.S., concluding that although the
oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting
much better financials this year, there is little room left for
more progress.
If you want to fit in to that Calgary neighbourhood it helps if you're married, voted conservative, earn
more than a half million annually and have a taste for champagne — the denizens there drink
more than twice as
much bubbly than the national average (no doubt toasting their good luck to be part of the
oil patch).
A recent rally in
oil prices to multi-year highs is about
much more than the deepening crisis in Syria, analysts told CNBC Thursday.
Anti-Keystone groups like to argue that blocking the pipeline would choke oilsand development in Alberta, but a
much more likely scenario is that the
oil industry would simply look for alternative transport means.
With
much of the world's accessible, light crude of this sort now exhausted,
more and
more of the
oil we consume comes from heavy grades (the so - called bitumen derived from oilsands being among the heaviest) that require
more refining and therefore entail higher emissions and other undesirable byproducts.
Near customers, because gasoline is
much more volatile than crude
oil; you don't want to transport it far or in large quantities if you can avoid it.
Because the law includes
much more than tax cuts — it removes Affordable Care Act's so - called individual mandate and opens up Alaska's Arctic National Wildlife Refuge for
oil drilling — potential avenues for future agenda items are now viewed as increasingly possible for Republicans.
For example, if Canadians considered
more closely the environmental and social consequences of harvesting the oilsands, they might go about it differently than if they simply considered how
much Alberta's economy will grow by exporting
oil to the U.S..
Oil prices have fallen by
more than 50 % over the past year, but how
much further can they really fall?
Would they rather see Alberta's
oil move by pipeline or by rail, the
much more environmentally hazardous Option B?
That was followed in 2012 by Victoria newspaper publisher David Black's
much more ambitious but somewhat speculative Kitimat Clean project, consisting of a $ 25 - billion
oil refinery in the northern town that would create jobs and taxes in B.C. while ensuring that the exports were of finished products rather than the diluted bitumen from the oilsands whose behavior in the case of a marine spill is virtually unknown.
In the years since
oil prices cratered — and subsequently began to rise — energy companies have become
much more efficient and have learned to do
more with less.
While
much has been made about the lifting of sanctions against Iran
oil and how it will only dump
more oil onto a market that's oversupplied, Timmer feels that's already been priced in.
The only production that could be brought back on line fast is shale
oil, but without the extremely low interest rates caused by government meddling, shale drilling will be
much more expensive in the future.
Customers can choose from any of the awesome Shiny Leaf products, which include the Argan
Oil Shampoo, the Castor
Oil, and so
much more.
Of
much more importance, by accepting the policy of the Clark government you must be accepting fracking, a process which involves drilling vertically, then horizontally to
oil and especially natural gas by pumping huge quantities of water laced with deadly chemicals.
Russia said that it would not attend the meeting on Wednesday, a sign that OPEC diplomats failed to bring the world's largest
oil producer on board with a
much more comprehensive market intervention.
With that in mind, how
much longer will they be willing to pay
more for tomorrow's
oil than todays?
To answer a few of your questions, exporting bitumen from Canada's west coast will not make the country any stronger, only the Texas
oil company a little richer, and the earth
much more in peril.
Venezuela, then, presents a
much more likely — and
more imminent — upside risk to
oil prices.
More than 100
oil platforms in the Gulf were evacuated, although those platforms will probably come back online
much quicker than the onshore refineries.
«$ 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.
However, if you are worried about empowering these nations, you really want to worry about whether Energy East affects their ability to sell
oil much more than you want to worry about whether they are selling it to Canadians or to someone else.
The risks associated with future toxic waste from the
oil sands are, in some ways,
more worrying than the
much more widely known global warming ones.
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.
Matt Ridley, for example, in his recent book, The Rational Optimist, argues that the
oil sands are a
much more sane solution to current energy needs than things like wind (too unreliable and too little output) and biofuels (wasteful use of land).
I'm thinking technology will help move us beyond
oil much more by that time (electric cars.
In contrast, the Alberta government has a
much more significant vested interest in
oil sands development, and greater policy and regulatory influence.
Oil, then, has become
much more expensive lately for the slowing European and Asian markets.