Sentences with phrase «of a barrel of oil goes»

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.

He points out that every time the price of a barrel of oil goes up $ 1, it costs the U.S. Navy $ 31 million.

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.

Not exact matches

When [terms of trade] goes up, it means basically we can turn a barrel of oil into 60 shirts instead of three,» he says.

«When crude oil goes to $ 55 a barrel, I can take a 12 percent to 18 percent hit on my corrugated [boxes] and plastic packaging,» says the founder of the 15 - person firm.

So the continental price of oil, West Texas Intermediate, is a full $ 25 a barrel cheaper than the ocean - going Brent price.

Iran's oil ministry says it will ramp up 500,000 barrels per day in production almost immediately, and «most of that oil will go to Europe,» an official told the WSJ.

A: The pipe dreams of eight million barrels of oil a day from the oil sands are almost certainly never going to be achieved.

«So if the price of oil goes to $ 70 per barrel, it is not impossible for Aramco to make a top line of $ 250 billion a year.

«If a Saudi tanker is sunk with 2 million barrels of oil, people are going to start worrying about the security of the sea lanes.

Efficiency improvements in recent years might mean the supply can be added at an oil price of US$ 60 per barrel and that the price doesn't need to go higher.

A lot of that has to do with energy pricing over the past few months and when you approach $ 65.00 to $ 70.00 a barrel of oil, there's going to be some headline pressure, so to speak.

Conventional Wisdom # 1: Buffett's purchase of Phillips 66 is «proof» that he thinks the price per barrel of oil is going to stay low for awhile, and this prediction indicates that investors should be in no rush to scoop up the deals among the other oil majors.

The fact is they have potential but they are not light crude they have to be pressed out of the earth through a fracturing process that up until the price of oil went over 75 $ a barrel was deemed too expensive by the oil companies to go after.

«If they had used 50 % of the money we made, when oil prices went as high as $ 143 dollars per barrel, and stabilized at $ 100 dollars with production at 2.1 million barrels per day for many years, Nigerians would have minded their businesses.

For instance, this year's benchmark for the federal budget is $ 42 but oil now goes for over $ 70 per barrel and instead of paying all the revenues to the Federation Account, the FG still operates an Excess Crude Oil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he saoil now goes for over $ 70 per barrel and instead of paying all the revenues to the Federation Account, the FG still operates an Excess Crude Oil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he saOil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he said.

«We know what is going on in the global economy: this budget is predicated on an oil benchmark of $ 38 per barrel and I can now say that with oil being $ 28 today, this budget is dead on arrival.

The pipeline would handle an estimated 200,000 barrels per day of Bakken crude oil going south and the same amount of refined petroleum products going north.

The pipeline would transport an estimated 200,000 barrels per day of Bakkan crude oil going south and the same amount of refined petroleum products going north.

«If they had used 50 per cent of the money we made when oil prices went as high as $ 143 per barrel, and stabilised at $ 100 with production at 2.1 million barrels per day for many years, Nigerians would have minded their business.

Even afterward the impact of the strike was far from clear: The well soon went dry, and the drilling techniques Drake pioneered produced just 2,000 barrels of oil in the United States in that first year.

Sapphire — Bill Gates is a big investor — expects the facility, which goes online next year, to generate some 10,000 barrels of crude oil a day by 2018.

The price of crude oil went from $ 3 per barrel to $ 40 by 1981.

Of the just under 19 million barrels of oil used in the United States each day — about 20 percent of the global demand — 70 percent goes toward transportation, said SmitOf the just under 19 million barrels of oil used in the United States each day — about 20 percent of the global demand — 70 percent goes toward transportation, said Smitof oil used in the United States each day — about 20 percent of the global demand — 70 percent goes toward transportation, said Smitof the global demand — 70 percent goes toward transportation, said Smith.

Since going public in 1998, Enterprise has grown into one of the largest energy infrastructure companies in the world with approximately 50,000 miles of natural gas, natural gas liquids, crude oil and refined products pipelines and 260 million barrels of storage capacity.

This means that at the end of the day, someone is actually going to be buying the 100 barrels of oil and there will be a seller on the other end.

Oil stocks, of course, because the price of oil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 todOil stocks, of course, because the price of oil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 todoil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 today.

To call the change unreal is similar to calling the price of a barrel of oil hitting the $ 80 - $ 100 dollar mark a statistical fluctuation and saying that we can go back to $ 15 barrels any time we want to.

As for the CO2 increase, if the price of oil keeps going up at its current rate, $ 20 / barrel in the 90s, $ 58 today, some broker estimated $ 105 in the near future, THEN solar energy becomes very affordable very quickly.

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.

When I first went to Congress 32 years ago, I listened to experts testify that if oil ever got to $ 35 a barrel, then renewable sources of energy would become competitive.

«It will reduce the price of a barrel of oil, because when people know there's a greater supply, then the cost of that will go down,» he said.

When a barrel of oil went from $ 32 to $ 11 and the Reagan administration cut funding for energy efficiency programs, the superinsulated, airtight house trend went into hibernation.

Fracking has expanded to the majority of the Mandan Hidatsa and Arikara nations, (Ft. Berthold) and a new pipeline for the Bakken fracked oil is proposed to go from North Dakota into Minnesota, adjacent to the Enbridge pipeline which is seeking expansion from 440,000 barrels to 800,000 barrels per day of dilbit, or tar sands oil.

'' When oil goes to $ 200 to $ 400 and to $ 800 per barrel, the cost of solar will be 2X, 4X and 8X times more expensive than today.»

Variations in the price of a barrel of oil have resulted in oilfields being brought into production or «mothballed» as the price has gone up, or down.

pushing oil up to recession inducing prices.Certainly, there is no hint that the price of a barrel of oil is going to decrease any time in the foreseeable future.

«As the price per barrel of oil goes up, there's going to be an economic shift away from petroleum,» he said.

Because crude oil is traded globally, every additional barrel of U.S. production going into that market has impact.

The administration's policies stand in stark relief next to Exxon Mobil's recently announced discovery of an estimated 700 million barrels of oil in the Gulf's Keathley Canyon - hinting at reserves likely to be found elsewhere if government will simply let America's energy companies go and find it.

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.»

The world is going to burn every last barrel of oil, every last cubic foot of natural gas, and every last ton of coal.

A barrel of oil may trade 20 - plus times before it is delivered and used; the price goes up with each trade and consumers pick up the final tab.

Oil Production Forecast Alberta's Energy Resources Conservation Board (ERCB) has released a report predicting that the province will go from 1.32 million barrels of raw bitumen per day in 2007 to 3.2 million barrels per day in 2017 (and who knows, if oil prices stay high, they could ramp it up even more quicklOil Production Forecast Alberta's Energy Resources Conservation Board (ERCB) has released a report predicting that the province will go from 1.32 million barrels of raw bitumen per day in 2007 to 3.2 million barrels per day in 2017 (and who knows, if oil prices stay high, they could ramp it up even more quickloil prices stay high, they could ramp it up even more quickly).

Yep, «Hugo A Go - go» (that's Hugo Chávez, President of Venezuela) pulls this one out, thanks to record - setting oil prices topping $ 104 / barrel due, in some part, at least, to Chávez's saber - rattling south of the border, massing troops at neighboring Colombia's doorstep and making the oil - based world's economy just a little more unstablGo - go» (that's Hugo Chávez, President of Venezuela) pulls this one out, thanks to record - setting oil prices topping $ 104 / barrel due, in some part, at least, to Chávez's saber - rattling south of the border, massing troops at neighboring Colombia's doorstep and making the oil - based world's economy just a little more unstablgo» (that's Hugo Chávez, President of Venezuela) pulls this one out, thanks to record - setting oil prices topping $ 104 / barrel due, in some part, at least, to Chávez's saber - rattling south of the border, massing troops at neighboring Colombia's doorstep and making the oil - based world's economy just a little more unstable.

In it you'll find a piece by the renown Jeremy Leggett, author of Half Gone (titled The Empty Tank in the US), who makes the following points: A quarter of the US's daily need for oil (five million barrels) comes from the highly volatile Middle East.

In terms of conservation, we've doubled the fuel - economy standards, which is going to save hundreds of millions of barrels of oil and about $ 1.7 trillion over time — without, basically, any Republican support.

That sounds plausible, but what will probably happen is that when the economy picks up, demand for oil will go up, making the barrel of crude shoot back up.

Which brings me to another advantage — domestic production of ethanol resulted in over 220 million FEWER barrels of oil imported into this country, saving over $ 16 billion going to foreign countries.

If both pipeline projects go through, they would carry more than 1 million barrels of oil per day, more than Keystone XL.