Sentences with phrase «of global oil supply»

«Despite four million barrels a day of global oil supply being offline — around the highest since the Gulf War — according to BofA Merrill Lynch, prices are down for the year.

Someday, conceivably, these countries may participate in ensuring the security of global oil supply, the authors said.

U.S. domestic production is increasing, as is the geographic diversity of global oil supply, and environmental pressures are encouraging greater efficiency and adoption of substitute technologies.

«It wasn't until I stumbled across websites about the impending collapse of global oil supplies that my fear ratcheted up a few notches.

Peak Oil, or the inevitable peaking and then decline of global oil supply, has become such a topic of conversation in environmental circles that it almost rivals climate change.

That means, by definition, that we've depleted about 50 % of the global oil supply.

There is also the rather obvious fact that a nation that has 3 % of the global oil supply but which consumes 25 % of global oil production is eventually going to run into an economic wall — and coal - to - gasoline is not the answer to that, by any stretch.

This was equivalent to almost 2.5 % of global oil supply — approximately the oil production of Brazil.