Sentences with phrase «of barrels of oil used»

Not exact matches

The price of a barrel of oil, using the WTI benchmark, rose from $ 29.70 to $ 76.32 from mid-2000 to mid-2010, an increase of 157 % in only 10 years.
As it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day from the oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as well as refined oil products used to dilute the bitumen flowing east.
Brent crude, which is used to price international varieties of oil, was down 47 cents to $ 112.86 per barrel on the ICE Futures exchange in London.
This should be a good thing, because the U.S. is still the world's biggest oil consumer, using 19 million barrels a day and importing about half of it.
Brent crude, used to price international varieties of oil, rose $ 1.33 to $ 108.02 per barrel on the ICE Futures exchange in London.
Mboe is converted using the ratio of one barrel of oil, condensate or natural gas liquids to six thousand cubic feet of natural gas.
And around Fort McMurray, Alta., thousands of workers continue to use mining trucks and steam - assisted gravity draining (SAGD) to extract nearly three million barrels of oil daily, confident that folks somewhere will demand the stuff, no matter how it gets to refineries and customers.
Hey Jeff, where is this $ 200 per barrel oil you used to speak of on BNN??
So, using their numbers above, for each barrel shipped on KXL, you'd have somewhere between 0.08 and 0.78 barrels of increase in total consumption, with between 0.22 and 0.92 barrels of oil which would have been produced elsewhere being substituted - for by oil sands production.
In the last year, the spread between what a barrel of oil is worth in the Midwest (called WTI — which is usually the oil price you see on the nightly news) and what it's worth either on the Gulf Coast (LLS) or when shipped to Europe (called Brent — which is generally used as a benchmark for world prices) has widened to historic levels.
NYMEX crude oil futures have a ticker symbol of CL, give the buyer control of 1,000 barrels of oil, and use the West Texas Intermediate (WTI) benchmark for oil.
According to the U.S. Energy Information Administration's data from 2010, 13 billion cubic feet of natural gas was used in petroplastic production, along with 190 million barrels of hydrocarbon gas liquids (this is a byproduct of oil and gas refinement).
According to its website, LOOP has received more than 12 billion barrels of oil from foreign and domestic sources over the past three decades, but as an imports - only facility, it's never been used to load an export cargo — until now.
«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.
On 3 January, 2013, Shell and its surrogate company lifted crude oil that resulted in the shortfall of 979,031 barrels in the value of $ 107,693,410 On the 14th of December, 2014, Shell also lifted crude oil using the vessel EAGLE TUSCON and shipped same to Shell Deer Park of 5900 Texas 225, Deer Park, TX77536, USA at the port of Houston, Texas, United States of America with Bill of lading number AETK0909US14.
«We were producing less than one million barrels of oil per day, from the 2.2 million barrels we used to do.
«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.
Producers could also shift more drilling to crude oil, selling it for $ 100 a barrel, or gas liquids, a valuable oil - equivalent byproduct of gas used in chemicals and plastics production.
Yet the practice is widespread, in part because oil prices have been much higher in recent years and because it is hard to find new multimillion barrel reservoirs these days, especially in the picked over U.S. Denbury, based in Plano, Texas, controls more than 1,000 miles of CO2 pipelines and has published reserves of 17 trillion cubic feet of the greenhouse gas, used to pump more than 70,000 barrels of oil a day.
A second team had estimated a flow of 12,000 to 19,000 barrels a day using calculations based on satellite images and how much oil has evaporated or been skimmed, burned, and dispersed.
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.
For example, MMS spokesperson Nicholas Pardi says a 1987 survey of the Gulf of Mexico indicated there was potentially nine billion barrels of oil there, but when the area was resurveyed nine years later (using newer technologies), the number jumped to potential 45 billion barrels.
For every barrel of extra oil obtained from tar sands as a result of the pipeline, global oil consumption would increase by 0.6 barrels, because the extra oil would lower oil prices and encourage people to use more.
We burn through 20 million barrels of oil per day and are projected to use 28.3 million barrels per day by 2025.
Of course, Keystone XL might not be used at full capacity at all times and industry estimates of the greenhouse gases associated with producing and burning tar sands oil can be as low as 482 kilograms per barrel, depending on whether the tar sands were mined or noOf course, Keystone XL might not be used at full capacity at all times and industry estimates of the greenhouse gases associated with producing and burning tar sands oil can be as low as 482 kilograms per barrel, depending on whether the tar sands were mined or noof the greenhouse gases associated with producing and burning tar sands oil can be as low as 482 kilograms per barrel, depending on whether the tar sands were mined or not.
Here, DK and Diddy must collect a certain number of Oil Barrels to be able to use the Funky Barrel and fly to another island.
Thanks to this new system, players will be able to use their surroundings to gain an advantage in battle, including the ability to climb buildings and mountains, wield grappling hooks to traverse walls, and make use of objects like oil barrels.
So far, soy foam has reduced the Blue Oval's annual use of petroleum oil by 10,500 barrels, and cut carbon emissions by 11 million pounds.
Other factors contributing to the exemplary low fuel consumption continue to be the consistent use of friction - optimized pistons, piston rings and cylinder barrels, the on - demand control of oil pump and the new three - phase thermal management in the coolant circuit.
I find that very unlikely, since of the 18 million barrels per day used, almost 12 million are imported to the U.S. Unless we export 200 million of our 300 million people this decade, it is very unlikely that we will not need that imported oil.
If / when oil gets over $ 100 / barrel and stays there, a combination of coal, nuclear, solar and wind will be used to generate electricity, and electric cars will become more common.
Using the example above again, consider if the spot price of oil was $ 50 per barrel, and the contract were physically settled.
Players will be able to fully utilize their surroundings for the first time in the Warriors franchise with the ability to climb buildings and mountains, wield grappling hooks to traverse walls, and make use of objects like oil barrels in battle.
Thanks to this new system, players will be able to use their surroundings to gain an advantage in battle, including the ability to climb buildings and mountains, wield grappling hooks to traverse walls, and make use of objects like oil barrels.
Ward has, at various points in his career, used pieces of dried codfish, baby strollers, church pews, cotton balls, beat - up oil barrels, police shoes, pants pockets, folios from a catalogue of early Italian paintings, rum bottles, and even a recycled ambulance filled with blasts of smoke.
The «anti-material» that De Jong chooses as his medium, in addition to the use of props such as the oil barrel, confront the viewer with the inescapable social and political realities of contemporary life.
Then there's well over a TRILLION barrels of recoverable shale oil, more than the world has used in all of history.
We really should also be looking at peak oil more seriously and how we currently use around 20 million barrels of oil each day in America.
Think of it this way; the United States, with 307 million (heading toward 400 million) people, now consumes nearly 20 million barrels a day; India, with more than 1.1 billion people, is barely in first gear, currently using 2.67 million barrels of oil but poised for vastly increased demand.
A reasonable policy would be to build up to a $ 125 / barrel tax on oil, to be mostly rebated per adult citizen while concurrently dropping demand via the expansion of renewables using a chunk of the tax.
We now use about 12 million barrels of oil per day for cars, SUVs and pickup trucks with a fleet that averages 25 mpg.
Yes, the SPR could be used, though Luft is wrong to suggest that without it, we'd have gasoline shortages — there are currently over a billion barrels of oil (including refined products) in private U.S. stocks, which can physically make us for a one million barrel per day shortfall.
At current consumption, the US uses about 8 billion barrels of oil per year; conventionally recoverable oil from offshore drilling is thought to be 18 billion barrels total, not per year.
That's equivalent to 1 million barrels of oil, 13 percent of our current petroleum use, 22 percent of our current imports.
Here's a new entrant, using software tools from the gaming world to illustrate what a low - end estimate of the volume of oil gushing from the Gulf of Mexico seabed looks like if displayed as stacked barrels.
The National Energy Technology Laboratory «EOR Primer» states that «somewhere around 85 billion barrels of oil are recoverable using CO2 EOR, which currently is responsible for about 4 percent of U.S. oil production, displaying a long - term growth trend that stands in stark contrast to the long - term decline trend for U.S. oil production overall.
In 2013, the transport sector used 53 per cent of the 90 million barrels of oil consumed each day, according to the International Energy Agency (IEA).
The DoD uses 360,000 barrels of oil each day.
Heat content: The amount of heat energy available to be released by the transformation or use of a specified physical unit of an energy form (e.g., a ton of coal, a barrel of oil, a kilowatthour of electricity, a cubic foot of natural gas, or a pound of steam).
Just like using litres instead of barrels when reporting on an oil spill.
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