The world is producing too
much oil for its needs and new supplies from fracking in the USA are adding to the glut.
Also I would cook the beans on the stovetop versus frying - a bit too
much oil for my taste.
It was a bit too
much oil for the size of squash I had and I went heavy on the garlic because I love it and hubs was out of town:).
other possibility is that it was just to
much oil for your system to handle at one time.
Not exact matches
Estimates vary widely on just how
much methane is leaked from the vast network of
oil and gas wells, pipelines and processing plants, but the problem has cast doubt on how
much better natural gas is than coal
for the environment.
Much of Questor's business these days comes from Colorado, which has North America's most stringent air quality rules
for oil and gas producers.
The 32 - year - old crown prince has made waves in Saudi Arabia
for the economic and cultural reforms he has promoted since being named heir to the throne, the most notable reforms ranging from the
much - vaunted «Vision 2030» to diversify the economy away from
oil, to lifting a ban on cinemas and women driving in Saudi Arabia.
For TransCanada, the financial imperative to build Keystone may have fallen off recently amid a sharp drop in
oil prices that could make extracting and transporting the product
much less lucrative.
For somebody who had never been to New Orleans, but moved there initially to teach and then a year later left the classroom to start a company, I've seen firsthand just how
much the community has invested in bringing in and retaining young people who really want to contribute to rebranding the city, bringing it from, old
oil and gas and just tourism really into the 21st century with lots of high - tech, high - growth businesses.
That could throw a wrench in plans
for the oilsands, which require high
oil prices to remain profitable, and crimp
much of the manic exploration activity in mining.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going
for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime
for the foreseeable future, providing a monetary protein shake the recovery still very
much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale
oil and gas revolution continues to power investment, job creation and revenue growth.
«We are hopeful that the premier's efforts to allow the voices of his citizens to be listened to will be successful, because it is very
much in common with our citizens,» Inslee said, adding that residents in his state recently rejected proposals
for both coal and
oil ports.
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.
According to Brent Thompson, who heads Cushing's chamber of commerce,
oil was discovered in the area in the 1930s, and those wells were responsible
for supplying
much of the U.S. military's needs during the Second World War.
In early March, as rebels fought
for control of the country's east coast ports, where
much of the country's
oil is refined or shipped abroad, the price of the American crude contract (West Texas Intermediate, or WTI) broke US$ 100
for the first time since 2008.
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.
«With so
much supply landlocked, Canadian
oil prices are taking a serious hit,» Casey Research energy analyst Marin Katusa wrote in a late June investment note that estimated that Western Canadian Select, a heavy crude, was trading
for a whopping US$ 23 less than WTI; a gap 30 % larger than the average differential between 2006 and 2010.
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).
It's like drilling
for as
much oil as you possibly can.
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.
Concurrently, OPEC (which is basically Saudi Arabia) announced price cuts
for certain regions they sell to and began privately telling their contacts around the world that they could stand to sell
oil for much less than had been initially thought.
Fans swooned
for Glossier's body - positive messages as
much as the new products, which include daily
oil wash and perfecting cream.
Early in 2014 the rookie hedge fund manager noticed something unusual: The amount of crude
oil being stockpiled around the world was building
much faster than normal
for that time of year.
The
oil - exploration rush in nearby Indonesia has been beneficial
for Singapore, which now supplies
much of the equipment used in offshore drilling.
After an ugly six weeks in January and February when stocks and
oil prices tumbled in tandem, shares in the U.S. and
much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 %
for the year.
It doesn't take
much tweaking
for them to handle bitumen from the oilsands, making it unnecessary
for oil producers to build multi-billion-dollar upgraders in Canada.
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.
From the agriculture industry and the
oil sector, to franchises and marijuana retailers, the recurrent themes that pose hurdles
for smaller players are too
much regulation, minimum wage hikes and immigration reform.
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..
The discount on Western Canadian
oil production since the spill has hovered around US$ 24 a barrel,
much higher than the US$ 13 spread
for the past two years, and Scotiabank expects it to average US$ 21.6 a barrel
for 2018.
«I believe we are in
for much greater volatility in
oil prices
for the foreseeable future and that's why you've seen Cenovus preserve cash by moderating our growth and reducing our workforce,» CEO Brian Ferguson said in announcing the job cuts.
Talking (and tweeting) to other entrepreneurs, I have found that many of us burn the midnight
oil, but you are never warned that you could be working
much longer hours than when you were an employee
for a corporate.
WASHINGTON — Biofuels made from the leftovers of harvested corn plants are worse than gasoline
for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a
much cleaner
oil alternative and will help combat climate change.
The extraordinary cost reductions achieved by North American
oil and gas companies have likely reached their limit, and any boost in profitability
for much of the U.S. shale and Canadian
oil sands industries will have to come from higher
oil prices, according to a new report from Moody's Investors Service.
But thanks to the subsidy they get from Canada, refineries in Cushing often enjoy refinery margins, or crack spreads as they're known in the industry, that have been as
much as five times what refineries on the Gulf Coast, which have to pay full world
oil prices
for their feedstock, operate with.
The oft - quoted figure
for how
much it costs
oil producers to comply with Alberta's current regime is $ 1.8 per tonne.
A rise in crude
oil prices and a rebound in base metal prices, both partly related to the announcement of new policy stimulus measures in several countries, account
for much of the recent movement.
With that in mind, how
much longer will they be willing to pay more
for tomorrow's
oil than todays?
Further, as the table below reveals, the performance of the exchange traded fund
for oil, United States Oil (NYSE: $ USO), has been much better than the exchange traded note for copper, iPath DBJ - UBS Copper (NYSE: $ JJ
oil, United States
Oil (NYSE: $ USO), has been much better than the exchange traded note for copper, iPath DBJ - UBS Copper (NYSE: $ JJ
Oil (NYSE: $ USO), has been
much better than the exchange traded note
for copper, iPath DBJ - UBS Copper (NYSE: $ JJC).
Long story short, no matter what the nominal purchase price
for real estate in 1990, it would be worth almost exactly the same amount today 25 years later in 2015, adjusted
for inflation;
oil and tennis balls
much cheaper.
For a petro - economy such as Canada's, the financial risks associated with the pending battle against climate change are
much greater than any cyclical downturn in
oil prices.
«Apart from the
oil trade, the non-
oil trade
for Kazakhstan is very
much linked to Russia as an export market,» Randolph said.
Storage at Cushing, Oklahoma, a crossroads
for much of North America's
oil production, is now seventy percent full.
It is important
for oil and refined product imports and exports, it is an important storage area
for oil and refined products, and
much of the Strategic Petroleum Reserve is close by.
Oil plays in North Dakota, Texas, and elsewhere around the country may have reversed declining US production, but much of that oil is also ending up on rail cars bound for coastal refineri
Oil plays in North Dakota, Texas, and elsewhere around the country may have reversed declining US production, but
much of that
oil is also ending up on rail cars bound for coastal refineri
oil is also ending up on rail cars bound
for coastal refineries.
The GED per kWh
for natural gas is 20 to 30 times lower than
for oil and coal, respectively, because its (non-carbon) emissions are so
much lower (Table 5).
New U.S.
oil drilling has produced loads of crude
oil, allowing companies to purchase it domestically
for much less than it was selling
for overseas.
Crucially,
much of that goes to the Gulf Coast, and nearly all of it is in the form of heavy crude, a type of
oil for which Gulf Coast refiners are particularly equipped to handle.
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.