Sentences with phrase «oil cost $»

For example «$ 50» shale oil costs calculations were made when conventional oil cost $ 30.

The virgin coconut oil cost $ 19.99 for a 32 oz -LRB-.95 l) jar, while the liquid coconut oil shockingly cost $ 23.99 for only 20 oz -LRB-.59 l).

The subsidies started when oil cost $ 17.00 a barrel and R&D required more investment than they had.

Even flooding old oil reservoirs with CO2 could prove too expensive to sustain in a world where oil costs $ 30 a barrel rather than the $ 120 a barrel of a few years back.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

Costs back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of reCosts back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of recosts of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of return.

An Environmental Defense Fund - commissioned study by consultancy ICF International found that Canada's oil and gas industry could achieve a 45 per cent methane emission reduction at an average cost of $ 2.76 per tonne of carbon dioxide equivalent.

Cost has become a big concern, as the price of a barrel of oil dipped below $ 50.

Oil reached by conventional «vertical» drilling can cost $ 25 a barrel or less; oil extracted by fracking can cost from $ 35 to $ 80 a barrOil reached by conventional «vertical» drilling can cost $ 25 a barrel or less; oil extracted by fracking can cost from $ 35 to $ 80 a barroil extracted by fracking can cost from $ 35 to $ 80 a barrel.

Shell's Chief Executive Officer Ben van Beurden said the oil sector had yet to emerge from troubled waters, but huge cost savings meant oil majors were getting closer to balancing their operations at today's oil prices of around $ 50 a barrel.

Breakeven costs are now as little as $ 25 per barrel, according to the Dallas Fed's most recent survey, so energy companies here no longer need $ 100 oil to make lots of money.

In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.

Between June 2012 and July 2013, the difference between the landed costs of Saudi Light oil into the U.S. and the price of light oil at Edmonton was $ 18.48 per barrel, while the difference in costs between Mexican Maya landed in the U.S. and Western Canada Select heavy blend at Hardisty, AB, was $ 29.02 per barrel.

«After substantially improving their cost structures through 2015 and 2016, North American exploration and production (E&P) companies will demonstrate meaningful capital efficiency to the extent the West Texas Intermediate (WTI) oil price is above $ 50 per barrel and the Henry Hub natural gas price is at least $ 3.00 per MMBtu,» Moody's said.

It's going to cost her $ 3,200 to get a lab to test for all the acids, detergents and poisons that companies say they use for fracking — or hydraulic fracturing — to break up underground shale and remove oil and natural gas.

A recent report from Bank of America Merrill Lynch said that households with an annual income below $ 50,000 spent an average of 21 % of their earnings on energy costs, from home heating oil to filling their gas tanks.

For comparison, shipping costs for a barrel of oil by pipeline and tanker from Edmonton to China were estimated at less than $ 8 / barrel in the TransMountain Pipeline Expansion application — equivalent to $ 1.36 / GJ.

CALGARY — The first phase of Imperial Oil Ltd.'s Kearl oilsands mine will cost $ 2 billion more than its most recent estimate as the company faced issues transporting Korean - made modules to the mine site in northern Alberta and contended with harsh weather during startup.

I mean, if demand doesn't grow, and industry cost cuts are 20 %, and we don't have a war with Ukraine, and Saudi Arabia doesn't change its oil policy, and Libya maybe comes back online, and Nigeria doesn't blow up — yeah, we'll probably be at $ 50.

He estimates it would cost $ 100 billion to boost production to the levels of today's leading oil exporters — close to double the current investment in the oilpatch.

With cash operating costs of $ 34.45 per barrel for its oil sands operations, Suncor has retained a healthy cash margin through the downturn.

A kilo of rice now costs as much as $ 14, a kilo of sugar $ 20 and olive oil is $ 44.

But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

The current average cost to ship a barrel of oil from Edmonton to Wood River, Ill., is $ 3.25 (U.S.).

Tight oil companies have made the case that through increased efficiency and lower service costs that their economics are better at lower oil prices today than they were at $ 90 per barrel prices a few years ago.

As the Canadian market faces $ 50 / bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.

By keeping prices below the marginal cost of unconventional production (about $ 75 per barrel), OPEC hopes that expensive oil production will decline along with the fortunes of the companies engaged in these plays.

If Alberta doesn't change how it requires companies to finance their own oil and gas well cleanup costs, the energy industry and, ultimately, taxpayers in Alberta face cleanup costs of up to $ 8...

The oft - quoted figure for how much it costs oil producers to comply with Alberta's current regime is $ 1.8 per tonne.

Look back to their figure 1 — somehow, by constructing an 800,000 barrel per day pipeline, the cost of at least 2 million barrels per day of oil production has been decreased by $ 6 per barrel.

A Pembina Institute study from 2009 estimated the costs to reclaim what was then 686 square miles of oil sands developments and 170 square miles of tailings ponds would run as high as $ 15 billion.

A study of historic oil spills in the U.S. reported the average clean - up cost for heavy crude of $ 18.95 per litre.

So even though the Conservatives are not even close to finishing regulating emitters — they still have to do oil and gas, and several other major sectors — the costs are already well above the $ 20 billion Harper accuses Mulcair's plan of costing.

As fuel is the greatest cost for each industry, the ETFs for shippers ($ SEA) and airliners ($ FAA) will also move based on the direction of oil prices.

Hedging contracts limit benefit of rally for some explorers Hess pays $ 50 million to unwind hedges; others may follow There's a downside to oil prices being up that could cost Continue Reading

The cost of reclaiming over 300,000 oil and gas wells in Alberta likely exceeds $ 70 billion, and the cost of cleaning up the toxic tailings ponds and other damage at the oil sands could reach similar levels.

Chevron (CVX)- My original cost basis for the oil major was around $ 120 a share and it is currently trading below that at $ 117.

In early 2017, the National Energy Board required Kinder Morgan Canada to maintain a line of credit of $ 500 million Canadian with its corporate parent to cover short - term costs to contain and clean up oil spills.

Looking back at the cost gap figure above, the potential revenue generated by EOR is only about $ 50 - 60 / ton, and that is in the best plays under the assumption of high oil prices.

Oil and gas tax breaks cost about $ 2 billion a year, but they are among the most durable tax breaks in the code.

Rising energy costs are a type of inflation that we saw in the mid-2000s, during the previous runup to oil at over $ 130 per barrel in 2008.

Moving oil from Alberta to the Gulf by pipeline would cost around $ 9 per barrel, or one - third the cost of rail transport.

Assuming you used a discount brokerage house like Charles Schwab and paid about $ 9 per trade, you'd be looking at a $ 63 fee right off the bat, and no costs thereafter as you collected your big oil dividends without any interference from a third - party middleman.

The new calendar year has witnessed a sharp improve in revenue downgrades from oil and fuel firms, which have been strike by the cost of Brent crude a lot more than halving from its peak of $ 115 a barrel in June.

Canadian oil is trading at a steep discount to it's American crude counterpart — costing the Saskatchewan government upwards of $ 150 million per year.

The report claims the emissions cap included in Alberta government's climate change plan will cost Canada's oil sands industry $ 250 billion and is the latest in a concerted effort by conservative opponents of the NDP to undermine its flagship policy.

But there still remains downside with Halcon, which must collect more $ 17 per barrel of oil equivalent it produces just to cover operating expenses, before spending a single penny on capital costs or production maintenance.

This $ 5 difference does not imply that «the market» expects the price of oil to be $ 5 / barrel higher in December - 2016 than it is today; it implies that the cost of storing oil for the next 18 months plus the interest income that would be foregone (or the interest that would have to be paid) equates to about $ 5 / barrel.

My friends in the industry say this is a ludicrous oversimplification for a number of reasons including (1) Kenney's valuation is based on what he called the «current global market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost of extraction or the fact producers would never dump that much oil onto the market at once and (3) Albertans only get royalties, not the entire amount.