Sentences with phrase «of a barrel of oil»

And every time the price of a barrel of oil on the world market rises by $ 10, a gallon of gas goes up by about 25 cents.
In other words, think of it as the price of gas — if the cost of a barrel of oil goes down, the price per gallon at the pump also goes down.
Yet it is amazing that we have an infrastructure that can turn millions of barrels of oil into bottles to deliver freshly melted glacier and other exotic waters to a store near you!
We will reduce the cost of a barrel of oil because we show the world that we have a supply of our own.
Cost has become a big concern, as the price of a barrel of oil dipped below $ 50.
Most projections put the average price of a barrel of oil at around US$ 80 this year, but some market watchers see crude prices crossing into triple - digit territory.
Finally, I looked up online the weight of CO2 emissions from the combustion of a barrel of oil.
I suggest four liberal values by which we should judge the morality of a barrel of oil: respect for the environment; peace; fair wages for workers; and human rights.
Meanwhile the cost of a barrel of oil is hovering around $ 90, and that's with a depressed world economy keeping prices in check.
McConnell says there are billions of barrels of oil in Michigan alone, adding that the U.S. has spent $ 5 billion on «clean coal energy,» with another $ 10 billion invested by industry.
The new proposal builds on steps the Cuomo administration already has taken as hundreds of thousands of barrels of oil per year have been transported across New York enroute to refineries in New Jersey and Canada.
U.S. crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of oil in storage that it is now free to sell, after the lifting of most international sanctions on it at the weekend.
For example, if the price of a barrel of oil goes from $ 50 to $ 55, the value of a binary option based on that underlying asset would also tend to go up.
On May 20th, the Los Angeles Times reported that the US Energy Information Administration (EIA) has slashed the amount of barrels of oil in the Monterey Shale considered «recoverable» using current technology - by 96 percent.
The CEO of Exxon - Mobil, Rex Tillerson, told a Senate hearing last year that speculation was driving up the price of a barrel of oil by as much as 40 %.
America watched helplessly as millions of barrels of oil gushed into the Gulf of Mexico for months, costing millions of dollars in environmental and health damages, and taking the lives of 11 workers who died in the oil rig explosion.
In June, the price of a barrel of oil began to fall and by October it was down to close to $ 80.
If, instead of that trade, we ship the barrel of oil east, the U.S. still ends up out the cost of a barrel of oil which they have to purchase from the world market instead of us, the exporting country ends up with the revenue from a barrel of oil, and Canada ends up with an offsetting revenue and cost.
Cuba claims it has detected billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was small desire from US exploration companies & #thirteen & # 13 & #thirteen & # 13 & # 13 Image: AP & #thirteen & #thirteen Cuba has unveiled new info it explained confirmed there have been billions of barrels...
They estimate it could save millions of barrels of oil used to make plastic...
The Federal Government should, as a matter of urgency, bring all the aggrieved groups in the Southsouth of the country to the negotiation table whereby all their genuine agitations can be addressed because Nigeria as a country currently in recession can not continue to lose millions of barrels of oil daily as a result of their incessant bombings of our oil installations in the region.
Since the verification is programmed to cover 10 years it is estimated that Nigeria can recover not less that $ 100 billion from the undeclared millions of barrels of oil shipped to the United States and other countries.
Chris Ryan of the United Kingdom Offshore Operators» Association said that the industry was having to adapt because of this changing profile of North Sea activity, but, that profits had been squeezed from all sides since 1986 when the price of a barrel of oil plummeted from $ 30 to $ 20.
This decrease was likely due in part to a drop in oil and gas production as the prices for those commodities dropped, the researchers said, noting that the price of a barrel of oil fell by half between August 2014 and January 2015.
The issue is not whether the U.S. can significantly reduce its reliance on oil imports with domestic, offshore oil, say both Kaufman and Nathan, but whether there is enough that is recoverable to significantly lower the price of a barrel of oil on the global market.
The first remark is that the green column marked «Inventory» is not an account; it is simply an informational column recording the number of barrels of oil we currently own, and their current price.
Speaking of cards, this spot also lets you take the Start - Up action which you do by selecting one of three face - up Start - Up cards which represent the various technologies and paying an amount of barrels of oil equal to the barrels sitting on the corresponding technology slot.
ANWR has billions of barrels of oil less than 100 miles from the existing pipeline and production facilities at Prudoe Bay.
The cost of a barrel of oil quadrupled to an inflation adjusted $ 120 a barrel.
Michael Levi, Council on Foreign Relations: «Since oil is traded on a global market, the effects of volatility are reflected in the price of every barrel of oil regardless of its origin.
The pipe would send hundreds of thousands of barrels of oil sands bitumen from Edmonton to the port of Vancouver each day — this at a moment when oil sands production and the pipelines that move it have become the proxy for a debate about climate change and the fossil fuel industries not just across Canada but worldwide.
Trillions of barrels of oil are locked up in the Tar Sands, yet the extraction of this oil comes at a huge environmental cost.
More green satire: BP Gets Punked: 7 Best Oil Spill Pranks & Satires (Images) If the UN Had a Home Security Unit... (Video) «Millions of Barrels of Oil Safely Reach Port in Major Environmental Catastrophe»: Onion
SGER was designed around the concept of carbon intensity, which, when talking about the oil sands, equates to the amount of emissions that result from the production of a barrel of oil.
These sources of energy are becoming cost effective with fossil fuels (although the price of a barrel of oil fluctuates considerably, and is currently quite low).
Going by the ICO documents, for every Petro, there will be a backing of a barrel of oil, currently $ 60 a coin based on oil prices.
Thousands of barrels of oil from Alberta's tar sands region — similar to the diluted bitumen that would flow through the controversial Keystone XL project — spilled into a residential neighborhood from a pipeline owned by ExxonMobil, forcing the evacuation of 22 homes.
«The fact that this is the largest assessment of continuous oil we have ever done just goes to show that, even in areas that have produced billions of barrels of oil, there is still the potential to find billions more,» Walter Guidroz, program coordinator for the USGS Energy Resources Program, said in a statement.
He points out that every time the price of a barrel of oil goes up $ 1, it costs the U.S. Navy $ 31 million.
As Mann mentions, you may remember Barton as the Congressman who shamefully apologized to BP executive Tony Hayward after that company dumped millions of barrels of oil into the Gulf of Mexico (and then issued a non-apology about it).
On July 24th, the price of a barrel of oil in America reached a low of $ 48.
If the full cost of a barrel of oil and the environmental costs of a ton of coal were reflected in their market price, many energy and environmental experts say, that might go a long way toward shifting the balance toward renewable energy sources.
The accident released millions of barrels of oil into the Gulf of Mexico, causing extensive impacts on the marine...
Each time the price of a barrel of oil goes up $ 1, the military — and taxpayers — must come up with $ 130 million in funds that could otherwise go to support our troops.
Maduro has said that he plans to offer a total of 100 million Petros, with a starting price of $ 60 each — roughly the price of a barrel of oil, for a total of about $ 6 billion.

Phrases with «of a barrel of oil»

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