Sentences with phrase «oil goes up in price»

Not exact matches

When prices go up it opens the door to new sources of supply that were previously too expensive to extract (Alberta's oil sands are a case in point).
Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.
«Their idea was that if you fire thousands of teachers, teachers» aides, school support workers, nurses, nurses» aides and people that work in the hospitals that somehow the price of oil would go back up,» she told a Unifor convention in Ottawa this week.
Chinese power prices have gone up as little as 1/10 as the rise in world oil prices.
If economic growth is leading to an increase in the demand for oil and bidding up its price, then the higher price means things are going well.
OPEC's surprise deal means that oil watchers are going to have to go back to the drawing board and substantially revise up their forecasts for crude prices in 2017.
Canada has made up much of the ground it lost to the U.S. recovery after oil price collapsed in 2014, but there's still some way to go.
Canadian producers battered by the dramatic oil price drop that began in 2014 will likely be keen to take up space on the new pipeline, if it goes ahead, he said.
Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.
The oil - rich states of the Gulf Cooperation Council may talk about the need to diversify their economies and open themselves up to foreign investment, but any pick - up in the oil price seems to go hand in hand with reforms being put on the back burner
Conventional Wisdom # 1: Buffett's purchase of Phillips 66 is «proof» that he thinks the price per barrel of oil is going to stay low for awhile, and this prediction indicates that investors should be in no rush to scoop up the deals among the other oil majors.
And we have stayed true to that vision, even as oil prices went into freefall, we ramped up investments in infrastructure, as well as our social spending.»
I also said there would be shake - up in the NNPC and the shake up will go on even as the price of crude oil would fluctuate in the world market.
Previously, it was oil revenue that dominated the budget, but the negative shock in the decline of oil revenue makes government to start thinking differently, and they should continue in this path, even if in future oil price goes up.
«Last week they told us oh don't worry; we promised we were going to reduce electricity tariff; it's coming, we are going to reduce it drastically... look under the current circumstance, when we are shifting from hydro to thermal, and with the kind of prices crude oil is achieving on the international market, if anybody tells you that they are going to reduce electricity tariff in the face of the privatisation of the ECG, and you believe them, it is up to you.
Oil prices will return to $ 110 per barrel in 2015 and go up to $ 130 per barrel in 2030 in the base reference case, although in the high - price reference case they could reach $ 200 per barrel, depending on supply, EIA said.
If you look at page 20 you will see that in the reference case, oil and coal prices go up over time despite the improvement in technology happening simultaneously.
In other words, expect prices to go up and less Italian oil to be available.
This could very well be the reason and it would then make sense that Honda plans to bring Accord Hybrid back in 2017 when the 2015 model inventory has run out and oil prices have most likely gone back up, as they usually do.
2 door sedandriveside window is locked and will need switch replaced need NEW seals little Oil leaks HEADS are good BOTH CARS MUST GO saving up for daughter to visit colleges Again AS IS SALE BOTH vehicles interior is IN Better than good for this price, no rips or major blemishes.
The house prices just kept going up and up and up as the oil price went up and in 2014 oil prices are $ 100 a barrel, it's all great.
When oil prices started to go up again in January 2007, the U.S. economy had deteriorated to the point where the Fed couldn't raise rates.
I would not try to assume that stocks are a good inflation hedge... Corporations have to buy raw materials and have to feed hungry workers... When the price of oil and foold go up it is very hard for corporations to improve on earnings, so if you think about it, much of the benefits of a rise in CPI are negated by a rise in raw materials prices... Put more bluntly, we are in a period of stagflation right now.
If the price of oil goes up, in general stocks in the oil sector should go up.
Oil stocks, of course, because the price of oil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 todOil stocks, of course, because the price of oil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 todoil has been going up steadily from $ 20 a barrel in 2002 to about $ 75 today.
We'd hear a lot of urgent talk in Washington when oil prices went up, then we'd see politicians rush to the local gas stations --- I remember going to gas stations — holding press conferences, announcing new legislation.
As for the CO2 increase, if the price of oil keeps going up at its current rate, $ 20 / barrel in the 90s, $ 58 today, some broker estimated $ 105 in the near future, THEN solar energy becomes very affordable very quickly.
On the other hand, I think it would be better for our economy if prices went up in a more controlled manner and if some of the money went to the government which could use it for investment in alternative energy resources or to reduce taxes, rather than just going to windfall profits for the oil companies.
If I produced corn ethanol, and the price of oil went up, I'd charge a lot more for my ethanol to maximize profitability while my competitor's prices were high, which, in a nutshell is why ethanol does little to protect consumers from oil price spikes.
«They are leveraging themselves with the hope that the future will look a lot like the past, that oil prices will go back up and things will just go back to the way they were,» said Andrew Logan, director of the oil program at Ceres, a Boston nonprofit that manages a coalition of institutional shareholders with investments in oil companies.
Variations in the price of a barrel of oil have resulted in oilfields being brought into production or «mothballed» as the price has gone up, or down.
pushing oil up to recession inducing prices.Certainly, there is no hint that the price of a barrel of oil is going to decrease any time in the foreseeable future.
So, sure, gasoline would go up in price, concrete would go up in price, food grown with oil - sourced fertilizer would go up in price, and those silly plastic bottles of water would go up in price because the plastic they are packaged in would be taxed.
Oil Production Forecast Alberta's Energy Resources Conservation Board (ERCB) has released a report predicting that the province will go from 1.32 million barrels of raw bitumen per day in 2007 to 3.2 million barrels per day in 2017 (and who knows, if oil prices stay high, they could ramp it up even more quicklOil Production Forecast Alberta's Energy Resources Conservation Board (ERCB) has released a report predicting that the province will go from 1.32 million barrels of raw bitumen per day in 2007 to 3.2 million barrels per day in 2017 (and who knows, if oil prices stay high, they could ramp it up even more quickloil prices stay high, they could ramp it up even more quickly).
Each time the price of a barrel of oil goes up $ 1, the military — and taxpayers — must come up with $ 130 million in funds that could otherwise go to support our troops.
The average selling price went down from 8.5 cents / KWh in 2007 to 8.0 cents / KWh in 2008 -LRB-- 6 %) delivered to NY State while oil went up over 60 %.
That rebuttal nicely sums up a lot of the accepted facts of unwavering peakoilers, e.g. that it's been conclusively shown that oil price hikes are linked to recession (not really; e.g. wrong macro policy responses to oil - led inflation often tried to tackle it by raising interest rates, which just compounded the problem and possibly triggered recession by itself; uncertainty in price is often more important to investment decisions that which direction it's going in, given that fuel costs are actually not a large % of overall costs.)
The price of oil goes up and down just like a roller coaster does and Shell would benefit if they can get that same $ 50 in 3 months.
For instance, an investor can buy a future for a commodity like oil betting that its price goes up at a certain point in time.
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