Sentences with phrase «oil boom in»

Due to the oil boom in Midland, certain officials have given population estimates above 155,000.
Since the oil boom in New Mexico and Texas, there has been an increasing number of trucking accidents and a higher percentage of fatalities.
Fatal accidents have also been on the rise since the oil boom in the state.
More on Peak Oil and Hubbert's Curve See Peak Oil for Yourself The Ultimate Race: Peak Oil vs. Global Warming Ascent of Peak Oil The Boom in Doom: Peak Oil in the New York Times
I also make some admittedly vague proposals for using the proceeds of the oil boom in Keynesian fashion to buy useful renewable energy and energy efficiency capital, to help maintain that geopolitical strength in the long term.
Ten years later when Rauschenberg was making Gluts, the assemblages composed of artifacts from the «80s - era oil boom in his home state of Texas, he described them as documentation of greed and excess, or «souvenirs without nostalgia.»
The oil boom in the Dakotas has brought tons of jobs to this area, which makes it relatively easy for workers in Grand Forks to walk away from a job and find another one.
Some of the factors the growth of railroad companies in the past few years include the shale oil boom in the U.S., limited pipeline...
«Pioneer,» Dec. 5 Based on a true story, this indie film directed by Erik Skjoldbjærg and starring Wes Bentley («The Hunger Games»), Stephen Lang («Avatar»), Aksel Hennie («Headhunters»), and others, is set in the beginning of the Norwegian Oil Boom in the 1980s.
Hutton's first documentary feature was Crude Independence, a portrait of small - town life during the present - day oil boom in North Dakota.

Not exact matches

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.
Yet it's not only oil that has led to booms in these two Mideast stock markets.
The fracking - enabled boom in production of shale oil has filled the gap from coal since 2010.
For that, Canada could thank the sharp resurgence in oil prices that followed the 2008 crash as well as the boom in residential home construction.
For GE, the deal will help it focus more on the oil and gas sector, especially in North America, while shielding the parent company's earnings from the energy industry's boom and bust cycles.
US oil exploration companies have flocked to the superrich Permian Basin in recent years and used shale - drilling technology to create an oil boom that simultaneously helped trigger a price crash two years ago.
Despite the United States» boom in oil production, the world is still dependent on the Middle East for oil and gas reserves.
Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.
There was a 25 - year boom that ended with the quadrupling of oil prices in the autumn of 1973 during the Arab - Israeli war.
Fisheries has shown very little growth, while oil and gas was booming before oil prices slumped in 2014.
Since 2011, the rail industry has voluntarily adopted tougher safety standards for all new cars, but with literally only a handful of tank car - makers in North America and a huge boom in oil - by - rail shipments, demand far outstrips supply.
Williams rode an oil boom and a pugnacious attitude to the highest approval ratings of any leader in the country, and now exits stage left with barely a dent in them.
High - end residential property prices in Perth have weakened considerably since the iron ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.
The area underlying Pennsylvania, Ohio and West Virginia is the epicenter of a boom in American natural gas produced through hydraulic fracturing, the process of injecting water, minerals and chemicals underground to free oil and gas from rock formations.
Economist Paul Frankels Essentials of Petroleum, published in 1946, remains the best explanation of the oil industrys boom - bust cycle.
Canada ships nearly all of its crude oil exports to the United States, and Mexico's appetite for natural gas has driven a boom in U.S. pipeline shipments in recent years.
Working in oil can be dirty, but it pays The oilpatch is booming, and several of our Top 50 jobs are related to the energy sector, including two in the Top 10.
As detailed in the first three installments of Power Shift, an NBC News / CNBC special report, the United States is experiencing an energy boom created by new drilling technologies that have unlocked vast domestic oil and natural gas reserves.
She agrees that this jar, by itself, proves nothing about the environmental impact of «fracking,» the drilling technology largely responsible for America's boom in oil and gas production.
The world is well into a prolonged period of boom - bust oil prices, the third in its history.
In recent years, America's unprecedented oil and gas boom has been driven by one factor above all others — and that's shale.
The price of oil collapsed from near $ 120 a barrel in June 2014 due to weak demand, a strong dollar and booming U.S. shale production.
Each time, the domestic oil and natural gas boom has been a major factor in Texas» success.
A recent study revealed that a small, oil boom town in North Dakota fetches rents that are, on average, $ 2,400 for a one - bedroom apartment.
That is despite the fact that North Dakota's oil boom — now in its ninth year — shows no signs of letting up.
US to dominate oil industry in 5 years, IEA reports How much investment is needed in energy US shale output is surging, here's what will keep the boom going
Anyone who was in the Texas oil business in the 1970s knows how easy it is to mistake a temporary boom for a permanent state of expansion.
Boom goes bust real fast in oil.
Now our oil imports have plummeted, our clean energy industry is booming, and America is a global leader in the fight against climate change.
The cash - and - stock deal marries operations that are broadly complementary in terms of geography as well as giving Marathon extra capacity in the U.S. light crude produced by a booming shale oil sector.
The boom in oil and gas production in the US has profound effects on the economy and foreign policy.
Seminole State College was established there in 1931 amidst an oil boom and today, Seminole has roughly 7,000 residents.
Like wood, metals, and wheat — the core commodities that have seen boom and bust cycles in this country — the oil sector continues to face an uncertain future.
In Canada, we tend to think of economic booms as resource driven (oil, wheat, etc...)
But oil is still far cheaper than at the peak of the previous eight - year boom that began in 2006 North Dakota's Bakken oil patch and supercharged the city of Williston.
More oil sands production translates into a bigger long - term workforce, but the boom was in the construction fray.
Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that includes the shale gas and «tight» oil found in shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.
You may disagree with Krugman's analysis, but it's a little disingenuous to try to denigrate and dismiss Thomas Mulcair's economic ideas when they're based on Nobel prize winning work in economics (the intellectual case, that is; the factual case that this phenomenon is occurring today, in Canada, is purely a question of whether the appreciation of our currency is based on the oil and gas boom and whether a high dollar results in lower exports in other sectors, both of which you seem to have admitted are accurate.)
Conventional clean - up equipment such as skimmers and oil booms proved useless in recovering the large amounts of submerged oil that now covers an area of river bottom estimated to be approximately 200 acres.
You make the classic argument that the benefits of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline in other sectors — otherwise they wouldn't be generating enough demand to result in an increase in the country's currency.
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