Argentina has not attracted
much oil investment since a 2001 - 02 economic crisis ushered in a populist - left government whose policies cut profit potential and made it harder to plan business.
Not exact matches
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.
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.
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.
«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.
Much of this contraction is due to the sharp pullback in
investment in the
oil patch, now expected to decline by 40 per cent over the course of the year.
US to dominate
oil industry in 5 years, IEA reports How
much investment is needed in energy US shale output is surging, here's what will keep the boom going
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 Gulf Coast Express Pipeline, which is targeted to be in service in October 2019 pending regulatory approvals, would add a
much - needed conduit for the flow to demand markets of the increasing amounts of associated gas that are being lifted from the Permian amid an avalanche of
investment in the
oil - rich play that spans West Texas and southeastern New Mexico.
With European countries desperate to reduce their energy dependence on Russia,
much of the
investment has been directed into the
oil and gas industry.
The Iraqi
oil ministry declined to comment on any political aspects of the Rosneft deal, although Baghdad clearly is upset by Russian
investment in Kurdistan which may have as
much as a third of Iraq's
oil.
I've been cooking my way through your books and blog for the past 9 months, and then randomly watched forks over knives last night, started obsessing about how
much oil I cook with, thought about how
much investment there is in
oil in my cupboard (it's like Texas in there), went on amazon to look at their cookbook, and who, but who, is one of the contributors?
And to do that we need to do three things: get the country's spending in check with firm financial controls, raise money for targeted
investment in
much needed infrastructure; and see us diversify the economy from a damaging dependence on
oil.»
«This was, of course, necessary to deal with huge backlog of unpaid cash calls which the Buhari administration inherited, and to incentivize
much needed fresh
investments in the
oil and gas sector.»
How
much of a drop in
oil prices would lead you to sell the
oil investments you currently have?
And that's pretty clear message to investors that too
much of a volatile sector like
oil and gas is not a great idea for your
investment portfolio.
(Already, with the surge of drilling for abundant
oil and gas in shale deposits, there's
much talk of whether we can sustain research and
investment in non-fossil energy options.)
But with the very real prospect of electricity replacing
oil for
much of our transportation fuel, and efficiency and renewables squeezing the traditional utility model hard, it doesn't take divine insight to start seeing that forward - thinking investors would be wise to factor in climate exposure to every
investment they make.
What I don't understand is why a one time
investment of $ 50 - 200 billion worth of solar is too
much when our current public / consumer
investment in
oil is well over half a trillion each year if you consider both the cost of the
oil we consume and all the money spent to subsidize it at home while securing it overseas.
Biofuel
investment should amount to 0.3 billion dollars up to 2035, Birol adds — so the big
oil alternative would receive just 3 percent as
much * money as continued
investment in the fossil fuel it is one day supposed to replace.
This report provides a new look at the 2014 report by
Oil Change International and the Sierra Club titled Failing to Solve Energy Poverty: How
Much International Public
Investment is Going to Distributed Clean Energy Access?
Much of the infrastructure and other
investment could be (fairly) easily switched to «carbon - neutral» products: biowaste (e.g. azolla) for coal, bio-methane for natural gas, and cyanobacterial
oil for petroleum.
Most unconventional energy sources have
much lower efficiencies than conventional gas and
oil, which operate at a combined energy - returned - on -
investment ratio of about 18:1.
This is important, market - driven progress on climate, which API and its member companies consider an important issue for constructive engagement — engagement that also is seen in approximately $ 90 billion in
oil and natural gas industry
investments in zero - and low - emissions technologies since 2000, nearly as
much as the federal government and more than twice that of the next largest industry sector.
Beyond a few thousand jobs during construction, new pipelines such as Trans Mountain probably wouldn't do
much for new jobs (or new payroll taxes) either, since they would not spur significant new upstream
investment at current crude
oil prices.
Falling production in conventional wells has resulted in more reliance on hard to extract
oil — and this makes pulling
oil out of the ground
much more expensive from an energy
investment standpoint.
Oil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when much of the industry was created, and under business - as - usual the price of oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhi
Oil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when
much of the industry was created, and under business - as - usual the price of
oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhi
oil can be expected to rise as reserves go down, thus stretching out the time in which the
investment is worthwhile.
Isakower said at a time when
oil and natural gas production has risen dramatically, methane emissions have fallen because of industry leadership,
investment in new technologies and incentives to capture as
much methane as possible for delivery to consumers:
In a Wall Street Journal Heard on the Street column, Liam Denning writes «that surveying 37 large
oil companies, Citigroup estimates as
much as 40 percent of the current
investment cycle — about $ 1.4 trillion — may have gone into or be going into projects that struggle to generate acceptable returns at
oil prices below $ 75 a barrel.»