Not exact matches
The
oil and resource trusts are less predictable; distributable cash will be largely dictated by
changes in the selling
price of the underlying commodity.
The mechanics
of how
changes in oil prices affect the Canadian economy are a bit tricky, and you have to go beyond the standard macroeconomic framework
in which there is only one good GDP.
First, I want to look at how the
changes not just
in oil prices, but also
changes in diluent costs, discounts for
oil sands crude relative to light crude and,
in particular, the fall
of the Canadian dollar have
changed the outlook for new
oil sands projects — for those under construction, and for those currently operating.
Harper and his ministers are unlikely to cease their Keystone advocacy
in response to the veto — with
oil prices in a slump, the government can afford to wait for a
change of president.
These risks include,
in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost
of revenue or operating expenses may exceed our expectations; the mix
of products and services sold
in various geographies and the effect it has on gross margins; delays or decreases
in capital spending
in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact
of general economic conditions on our sales and operations; our ability to develop new and enhanced products
in a timely manner and market acceptance
of our new or existing products; losses
of one or more key customers; risks associated with our international operations; exchange rate fluctuations
of the currencies
in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance
of various types
of broadband services, on the adoption
of new broadband technologies and on broadband industry trends; inventory management; the lack
of timely availability
of parts or raw materials necessary to produce our products; the impact
of increases
in the
prices of raw materials and
oil; the effect
of competition, on both revenue and gross margins; difficulties associated with rapid technological
changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business
of natural disasters.
But not even monetary policy was designed to deal with
changes in the relative
prices of commodities, such as
oil.
Everything
changed in 2014, when a combination
of Western sanctions and falling
oil prices created a toxic environment not seen since the 1998 financial crisis.
Changes in power costs due to falling
oil prices, meanwhile, can vary considerably by market and region, and,
in many markets, gasoline
prices are so inflated by taxation that the impact
of lower
oil prices for consumers is considerably dampened.
Only if there is a serious attempt, with all countries
of the world taking part to fight climate
change, will there be a big enough drop
in oil consumption to really affect
price.
* I am indebted to James K. Galbraith for introducing me to the idea
of boundaries and phase
changes as they may apply to economics and
oil prices in The End
of Normal: The Great Crisis and The Future
of Growth (2014).
As I wrote
in my blog over a year ago, («
Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011),
oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
oil sands producers have been continually getting short -
changed for their
oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flo
oil by refineries
in Cushing, Oklahoma, where most
of the product from the
oil sands flo
oil sands flows.
Neither Ottawa nor Alberta's provincial government has a plan
in place to address what happens when the imperatives
of confronting climate
change make depressed
oil prices the norm.
The bigger
change in our projection comes from the impact
of even lower
oil prices on Canadian income.
But much has
changed since Hudson's Bay Co. purchased the U.S. luxury retailer for $ 2.9 billion back
in 2013 and announced plans to bring the storied Saks brand to Canada — namely, the cratering
of the
price of oil, which has taken the Canadian economy down with it.
In the event the EURO / USD pair moved in an uptrend and the price of oil did not change; the right prediction would be a «call» optio
In the event the EURO / USD pair moved
in an uptrend and the price of oil did not change; the right prediction would be a «call» optio
in an uptrend and the
price of oil did not
change; the right prediction would be a «call» option.
For Angola, Africa's second - largest
oil producer, the fall
in the
price of crude
oil has brought
changes to its fundamentals, prompting the government, investors and analysts to review their positions on the economy.
Changes in the
price of crude
oil affect domestic inflation directly, via their effect on the retail
price of petrol, and indirectly, via increases
in production costs more generally and increases
in the
prices of substitute goods.
The
changes to the forecasts for inflation over the years to June 2000 and June 2001 (excluding the effect
of the GST) appear to reflect current and prospective developments
in oil and tobacco
prices as well as a modest increase
in the assessment
of underlying inflationary pressures.
The rise
in the
price of oil which occurred during 1999 is pushing up the CPI, and
changes in indirect tax rates during the second half
of 1999 will affect the statistics during the December quarter.
Pass - through
of changes in crude
oil prices to retail petrol
prices occurs rapidly, with most
changes being fully passed through within six months (Graph D2).
As a sign
of how quickly the economy's prospects are
changing (mainly as a result
of the spike
in oil prices) economists at Lehman Brothers lowered their growth expectations twice
in the last three weeks.
For the time being, much
of the analysis on the financial losses focuses on the plunge
in oil and coal
prices, and the potential that a huge portion
of the global reserves
of oil, gas, and coal will be «stranded»
in the ground to curb climate
change.
State - owned
oil companies
in June last year dumped the 15 - year old practice
of revising rates on 1st and 16th
of every month and instead adopted a dynamic daily
price revision to instantly reflect
changes in cost.
Among the factors that could cause actual results and outcomes to differ materially from those contained
in such forward - looking statements are the following: macro-economic conditions (including fluctuations
in housing
prices,
oil markets, jobless rates and other indicators), credit market
changes and constraints, foreign currency fluctuation, the company's ability to manage its property portfolio, the impact
of labor markets, failure to effectively manage costs or achieve anticipated expense and cost reductions, and disruptions
in our supply chain or information technology systems.
we would self sustain ourselves... they have been the prime reason fr th recession due to higher
oil prices to indirectly stage war against america and the rest
of the world... cowards... if ther was no
oil... the time has come for the next era... we are not far away from that day... the world is
changing... science is developing
in exponential way... new species are still being found... ther is always a progress... and these extremists are travelling to the end
of the road... which will form the next journey fr the major part
of the other world... no
oil... no islamist would be heeded anymore... those people ll crumble very soon
And
in the villages, the rice paddies are plowed while transistor radios next to the field broadcast the
changing prices of oil — which influence fertilizer and marketing costs — along with the latest pop music from all over the world.
The venture has been repeatedly delayed over several years amid
changing state regulations for coal seam gas and a lack
of capital to move forward after the collapse
in oil prices.
In the light of the crash in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
In the light
of the crash
in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in global crude
oil price, which is Nigeria's main foreign exchange earner, the devastating actions
of aggrieved militants on
oil and gas infrastructure
in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in the
oil - rich Niger Delta which has resulted
in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in lock -
in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in or leakages
of crude
oil, sometimes
in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in excess
of one million barrels that could have been exported daily, and the consequential rapid decline
in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmen
in the well - being
of the masses, the urgency to fix the Nigerian economy by
changing tactics from sole reliance on
oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts
of the government.
In short order, wastewater wells could be drilled in new locations, the falling price of oil could shut down certain operations, or regulators could change their policies in certain region
In short order, wastewater wells could be drilled
in new locations, the falling price of oil could shut down certain operations, or regulators could change their policies in certain region
in new locations, the falling
price of oil could shut down certain operations, or regulators could
change their policies
in certain region
in certain regions.
While environmental advocacy organizations have taken credit for prompting these
changes at some
of the world's top banks, the shift coincides with crashing commodity
prices in oil, coal and natural gas markets worldwide.
«We have had a process
of quiet
change ever since the
price shock
of 1986,» he said, adding that Shell
Oil in the US recently unveiled plans to lose 2000 staff.
We are at a remarkable juncture where (i) the
price of oil and nitrogen - based fertilizers is expected to increase, (ii) the long term availability
of phosphorus for fertilizers is
in doubt, (iii) the erosion
of soil is reducing yields, and (iv) climate
change brings extreme weather that impacts crop survival and productivity.
To those
of us far from Wall Street it seems the sort
of action that would put GM
in the same position it was
in 12 years ago, when an economic downturn or a
change in automotive tastes due to something like a spike
in oil prices could lead to serious cash shortage.
Usually you'd pay that much for just an
oil change alone at most places, but we're throwing the whole works
in for one low
price for the month
of June.
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Part
of the reason B.C. is doing so much better than the rest
of Canada is because its economy isn't vulnerable to
changes in the
price of oil, Yu said.
The investment seeks to replicate, net
of expenses, the daily
changes in percentage terms
of the spot
price of Brent crude
oil as measured by the
changes in the
price of the futures contract on Brent crude
oil as traded on the ICE Futures Exchange.
The stability
in oil, with the expectation
of prices going higher, has investors
changing their view from deflation to an increasing inflationary expectation.
Because
of dramatic job losses due to declines
in global
oil prices, this Budget proposes legislative
changes to extend the duration
of EI regular benefits by five weeks, up to a maximum
of 50 weeks
of benefits for anyone living
in a resource - dependent region.
If we get a significant updraft
in the
price of oil, and Saudi production policy has not
changed, you might want to sell crude
oil price - sensitive assets.
In other words, I would end up paying $ 3.10 / gallon to pre-buy my home heating
oil vs. paying only $ 2.55 / gallon to fill up my tank today (assuming the
price of oil did not
change).
The
price of oil, for example, is quite volatile, often
changing several percentage points
in a day.
Equity risk is the risk involved
in the
changing prices of stock investments, and commodity risk covers the
changing prices of commodities such as crude
oil and corn.
I do know however, that natural resource companies, particularly the larger ones, are very slow to
change their
price assumptions on projects / assumptions (there are still plenty
of $ 50 - 70
oil prices being used
in the industry for long term forecasts).
In a possible scenario of 1) years of low oil prices 2) a significant portion of trade in oil not paid in US$ and 3) the Chinese unwilling to stack away more US$ the world's perception on the worth of the US$ might change rather earl
In a possible scenario
of 1) years
of low
oil prices 2) a significant portion
of trade
in oil not paid in US$ and 3) the Chinese unwilling to stack away more US$ the world's perception on the worth of the US$ might change rather earl
in oil not paid
in US$ and 3) the Chinese unwilling to stack away more US$ the world's perception on the worth of the US$ might change rather earl
in US$ and 3) the Chinese unwilling to stack away more US$ the world's perception on the worth
of the US$ might
change rather early.
Because the profitability
of oil companies tends to move along with
changes in the spot
price of oil, these securities often serve as effective trades on the related commodity.
For someone that doesn't appreciate a company that is producing over 1.5 million barrels
of oil per day, it can be easy to be disconcerted by the quick
changes in the stock
price.
Albertans
in particular have been hit the hardest with commodities,
oil and gas stocks collapsing to 2008 financial crisis levels, real estate
prices stagnating while the rest
of the country tests new all - time highs, and now two impending tax increases thanks to those voting for
change in the provincial and federal elections.
Some other carriers, mindful
of the irony
of imposing fuel surcharges
in the day and age when crude
oil prices are at 15 - year low have
changed the name, too.