Sentences with phrase «oil boom years»

«No Country for Old Men,» a crime saga about a drug deal gone bad, and «There Will Be Blood,» a historical epic set in California's oil boom years, will compete for best picture against the melancholy romance «Atonement,» the pregnancy comedy «Juno» and the legal drama «Michael Clayton.»

Not exact matches

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.

There was a 25 - year boom that ended with the quadrupling of oil prices in the autumn of 1973 during the Arab - Israeli war.

The quasi-state-controlled oil company has new leadership and its stock has been crushed amid the shake up and corruption charges, down as much as 70 % from its peak during the boom years.

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.

But after the bust comes the boom: Expect soaring crude prices later this decade as demand from fast - growing Asia collides with greatly diminished supply — a classic bust - boom cycle with which the oil industry was all too familiar 100 years ago but may have forgotten since.

In recent years, America's unprecedented oil and gas boom has been driven by one factor above all others — and that's shale.

That is despite the fact that North Dakota's oil boom — now in its ninth year — shows no signs of letting up.

Low oil prices, a retreat of the coal industry, solar and battery booms, and the return of nuclear are all trends you should watch next year.

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

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.

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.

And for the third time, real wages are going nowhere fast (2/3 of 1.5 % is due to oil prices) while an extra million people exited the job market the last four years unrelated to demographics (aging boomers).

Russia reaped the benefits of the oil price boom starting in the early 2000s, averaging 7.1 percent GDP for the six years ending in 2008.

Mitchell, who died two years ago at age 94, was reportedly among those urging for tighter regulation of the practice, fearing that small, independent drillers might take dangerous shortcuts as they rushed to participate in a historic oil boom.

His hunch about shipping a few years later stemmed from the oil and gas boom in the U.S..

U.S. oil production has been booming for several years, yet it was not until last June that oil markets suddenly took notice.

Houston experienced a major housing boom in the years leading up to the oil downturn, which began in late 2014.

Like the Tories that ruled Alberta for nearly 44 years, Mr. Wall's party never saved anything from the resource boom in his province, and the recent decline in oil prices has left both provinces in a royalty bind.

The first is that the U.S. is importing less oil today than just a few years ago due to booming domestic production.

Among the issues raised were the $ 2 trillion valuation Saudi Arabia wants for the world's largest oil producer, the scale of dividends Aramco's prepared to pay and the impact of the shale boom on oil prices over the next few years.

About three years ago when the oil market was booming, and with about 200 private jets in the airspace, the ratio of expatriate to local pilot was three to four, with at least 1,000 foreign pilots in Nigeria.

Despite the international shale oil boom extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.

We have had seasons of plenty as marked by the oil boom, and we have experienced lean years.

A drilling boom is under way and in June this year, oil production rose nearly 30 percent compared with the same period in 2012, to 161,000 barrels of oil each day.

«North Dakota's political leadership is still in the mold where a lot of our oil and gas policy reflects a strong desire to have another oil boom,» said Mark Trechock, who headed the Dakota Resource Council, a landowner group that has pushed for stronger oversight, until his retirement this year.

A remarkable nonfiction essay on golden rules and grand intentions and oil booms that do not pay off for everyone, The Overnighters is a rich and troubling documentary highlight of the year.

by Angelo Muredda The intersection of the financial crisis and the North Dakota oil boom has turned Williston, ND into an unlikely mecca in the past few years.

Because of her father's job as an engineer, the family followed the north sea oil boom of the seventies around Europe, moving twenty one times in eighteen years from Paris to the Hague, London, Scotland and Bergen.

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...

Thanks to the state's oil and gas boom, jobs in this state grew 2.8 percent over the past year, making it one of the quickest - growing job markets in the nation.

[8][9] An economic boom accompanied the development of the Summerland field, which transformed the spiritualist community of Summerland into an oil town in just a few years.

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.»

A broader question overlaying this particulate debate is how much economic incentive companies have to drill in the Arctic, which has notoriously bad weather and is open for drilling for only a few months of the year, when oil production is booming onshore in the lower 48 states.

This past year saw President Obama's aggressive pronouncement of his climate agenda, more of the same for the Keystone XL pipeline, and some of the starkest evidence that America's oil and natural - gas boom is turning on its head almost every bit of conventional wisdom about the global energy landscape.

The rising pressure for rail shipments was explored in depth earlier this year in «Busting Bottlenecks in the Bakken,» an article in Fed Gazette, a publication of the Minnesota Federal Reserve (yes, weird, but it's a thorough, interesting piece) and in this Christian Science Monitor story: «Pipelines can't keep up with North American oil boom.»

According to a study commissioned by Canada's National Energy Board and based on 20 years of Beaufort Sea data, three of the most widely - used oil spill containment methods — burning spilled oil in - situ, deploying booms and skimmers, and aerial application of dispersants — would be impossible due to bad weather or sea ice 20 - 84 percent of the brief, June - to - November open - water season.

David Dickins, an engineer from San Diego who has spent 30 years studying how to clean up oil spills in icy waters, said that while the ice impeded the use of tools like booms that hold a slick in place, the ice also naturally contained the oil, giving response teams more time to act before environmental damage occurred.

OIL AND GAS: • A reporter discusses her book on the oil and gas boom in North Dakota, where she spent a year interviewing people affected by the industry.

Thanks to an oil boom, gas prices at the pump have plummeted, and trucks and SUVs were the best - selling vehicles in the United States last year.

A few years ago, while poring over satellite images of the Earth at night, scientists spotted the bright glow of natural gas flares burning in the oil and gas fields that have fueled America's recent energy boom.

What crushed green energy was the boom in shale oil and gas along with the steep decline in the price of fossil fuel that few saw coming just a few years ago.

Reuters: The U.S. government on Tuesday jacked up its forecast for oil production next year by 250,000 barrels per day (bpd) as the boom in shale oil drilling continues to confound expectations of slower growth.

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So, David, you can show me the prognostications of a tight oil boom, which we now have, from 10 years ago?

Palm oil has been produced in the region since 1911, and plantation expansion boomed in the 1970s with growth rates of more than 20 % per year.

Jim Kunstler would say it is because of Peak Oil, that suburban homeowners won't be able to afford to heat or cool their houses or commute to work; We have said that it is because of global warming, that low density construction uses too many resources and creates too much CO2 when nobody can walk anywhere; Perhaps demographer David Foot, author of Boom, Bust and Echo, 10 years ago was right all along, that demographics are everything and just watch those baby boomers.

American politicians who really care about climate change — I'm assuming this includes our president, as well as a majority in Congress — should skip the summits and instead ask themselves why the oil and gas prices that started rising a couple of years ago (creating a boom in alternative - energy research) have once again dropped to an artificial low.

As the industry continues to boom, workers continue to make a decent living drilling for oil and gas; however, it is also a very dangerous industry that causes many serious injuries and deaths each year.

Housing prices in North Dakota have experienced sharp increases in recent years as the oil and gas booms have attracted more residents to the state.