Sentences with phrase «oil crisis increased»

Not exact matches

WASHINGTON, March 21 - The United States on Wednesday imposed sanctions on 15 South Sudanese oil operators that it said were important sources of cash for the government, an action aimed at increasing pressure on President Salva Kiir to end the country's conflict and humanitarian crisis.

A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.

The heavy indebtedness that became a crisis around 1980 was due, not so much to the failure of the system as to the rapid increase in the cost of oil and the abrupt rise in interest rates.

Energy market regulation and energy prices have come to the fore on a regular basis at G8 and G20 summits in connection with geopolitical crises (especially on gas) and benchmark oil price increases (the Brent market).

The fraction of crude oil consumed in the U.S. that was imported went from 35 % immediately before the 1973 oil crisis, peaked at 60 % in 2005, and then returned to 35 % by 2013 [7] thanks to increased domestic production [8] from the shale oil boom.

The increase in demand for electricity, reduction in the quantity of water at the Akosombo Dam, irregular gas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisis.

The party failed to kill off the urban myth that Labour overspending caused the crisis, and gave credibility to Conservative claims about the economy by signing up to austerity - lite; Miliband's personal ratings were never within spitting distance of Cameron's; falling oil prices finally increased real wages; and the SNP «threat» was mercilessly deployed to scare off English voters.

Belgium, France and Sweden put new energy policies in place, increasing efficiency and introducing more nuclear power into their energy mix, in response to the oil crisis of 1973, the new study notes.

In this way, Porsche demonstrated something that other automotive manufacturers lacked in an era of global oil crises and increasing traffic congestion: steadfast composure.

Oil outputs from OPEC have actually increased since the crisis started in the end of 2014 https://www.iea.org/oilmarketreport/omrpublic/.

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.

3) Contango Oil and Gas (MCF)-- Oil crisis issues are so far away from anyone's thoughts these days that I think it is time to increase exposure to the sector.

Note that the reason the IEA and the US decided to release oil from the strategic reserves is because OPEC decided not to increase production, despite the Libya crisis.

2) At least ten years will pass before a tiny addition of oil might become available to us through offshore drilling; the crisis can not wait ten years for very negligible increases in supplies of the commodity we need to wean ourselves from.

But he didn't complain, other than to point out that the exponential part of their law was weakening lately with the 1974 oil crisis and increasing prices for all fossil fuels, with which I fully agreed.

Yes the switch away from oil and increased production after the first OPEC oil crisis did drive prices back down to < $ 10 / bbl.

This would be worse than the «oil crisis» of the 1970s because the reduction would be greater, would be permanent, and energy use has increased since then.

The converging crises of Peak Oil, Climate Change and increasing inequity are presented in a clear, concise manner, as are the twin solutions of community (where cooperation replaces competition) and curtailment (deliberately reducing consumption of consumer goods).

To a wide segment of the American public, the dramatic increase in world oil prices may not have immediately registered, but skyrocketing gasoline prices brought home the nature of the crisis, prompting a recognized need for a national energy policy.