Sentences with phrase «oil patch»

The phrase "oil patch" refers to an area or region where there are a lot of oil wells and oil production activities taking place. It is used to describe an area specifically known for its oil industry. Full definition
But an extended period of oil prices at recent levels is unlikely to lead to greater investment spending in the Canadian oil patch.
Many are men and women from coal country and oil patch states who built their platforms on promises to encourage the use of fossil fuels.
To be honest, I was quite surprised to find several oil patch companies offering raises at this time.
Now, the region will probably become the world's largest oil patch over the next decade.
In short, despite the current gloom in the Canadian oil patch, the worries may be ill placed.
, in part because of the drop - off in oil patch investment, but again, insufficient offset (That's the place where I think I'm most likely to be wrong).
The state goes into a recession rivaling that of oil patch in the mid-1980s.
The company was shopped around the Canadian oil patch for years with no takers on the part of knowledgeable buyers.
As the price of crude plunges, and drags the loonie with it, the pain stretches far beyond the Alberta oil patch.
A production site in the Bakken oil patch as seen from inside an abandoned farmhouse just outside Watford City, N.D. David Gilkey / NPR hide caption
If there's a fly in the ointment for Red Deer, it's the city's high crime level, which the local newspaper, the Red Deer Advocate, has associated with the plethora of young men flush with oil patch earnings to spend on booze, women and motorized toys.
In January, Clark's BC Liberals approved Kinder Morgan after taking more than $ 771,000 from the project's oil patch backers.
MacLean Law's Calgary Family Lawyers team is committed to helping oil patch executives, entrepreneurs, businesspersons, professionals and their equally hardworking and supportive spouses resolve challenging...... Read Full Post
The move comes after months - long protests by environmentalists and Native American groups in North Dakota against Energy Transfer Partners LP's $ 3.8 billion Dakota Access pipeline, which would bring crude oil from the state's Bakken oil patch through the Midwest and into the U.S. Gulf Coast.
U.S. President Donald Trump's decision to revive TransCanada Corp.'s Keystone XL pipeline proposal within days of his inauguration is boosting Canadian oil patch hopes for a friendly relationship with the new administration — and room to grow exports to U.S. refineries.
In case you missed it, the oil was being carried from America's new oil patch, the Bakken shale fields of North Dakota, to a St. John, New Brunswick, refinery that, according to the owner, Irving Energy, sends more than half of its 300,000 daily barrels of petroleum products back across the border to the northeastern United States.
Often considered one of the few analysts today uncovering the real investment opportunities in the U.S. oil patch, Keith shares his vast knowledge of the global energy complex and the unprecedented opportunity offered in those energy markets with members of Energy Investor and Pure Energy Trader.
Marchers in the heart of the Canadian oil patch came out by the hundreds on a sunny afternoon.
But takeovers might not be necessary because it has a strong long - term production stream and an established base in the U.S. shale oil patch.
Mesa Vista Ranch is the fullest expression of the man who started out in the Oklahoma oil patch and rose to become an energy titan.
Touting her own party as stable and more supportive of industry, she verbalizes the attack ad, raising the spectre of the other guys» new regulations and carbon taxes on the downsized oil patch.
She received her first foreclosure notice from the bank last January and, with the help of her teenage daughter, immediately set about trying to replace a chunk of her ex-husband's six - digit oil patch income during the court's six - month «redemption period.»
Canada's oil patch booked three consecutive years of hefty losses after the oil price crash in 2014.
I think the biggest surprise for me was to read about several oil patch companies raising and the VLO raise was quite unexpected.
Considered the blue collar city of Alberta's oil patch much of the wealth comes from tradespeople that work in the oil sands.
I have been looking for something in the out - of - favor oil patch for the last 6 months but have only come up with adding to my small position in LNG which I first purchased before the swoon in oil prices a year ago.
He transits effortlessly from a Rockwell - portrait rural America in one chapter, to the American oil patch with roughneck characters both burly and kind in another, and various other scenarios of his daily life with Billy.
On his blog, a BP «reporter,» Tom Seslar, describes a two - hour helicopter flight over the gulf with a team charting oil patches.
There is no question Calgary oil patch workers and entrepreneurs have been hit hard by dropping oil prices.
The sparring on energy was one of the most heated exchanges in the debate with both candidates trying to attract economically minded voters along coal seams, in oil patches and in industrial towns.
Eighteen year - old Jamie takes a job in the Alberta oil patch but remains isolated from his colleagues, caught up in uncertainty about both his future and his sexual identity.
MacLean Law's Calgary Family Lawyers team is committed to helping oil patch executives, entrepreneurs, businesspersons, professionals and their equally hardworking and supportive spouses resolve challenging matrimonial issues so they can move forward successfully.
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.
For one thing Alberta, a province with a population half that of Quebec, has seen 35,000 oil patch jobs disappear so far this year.
Expect further moves out of the Canadian oil patch through the rest of the week as heavy hitters like Talisman Energy, Cenovus Energy, and Encana are all scheduled to report.
The revival of the Keystone XL pipeline is boosting Canadian oil patch hopes for a friendly relationship with the Trump administration.
It doesn't take a crystal ball to see that the Arctic is on it's way to becoming the world's new oil patch and that major accidents there are on the way.
Posted by Jeff Rubin on October 15th, 2014 under SmallerWorldTags: Canadian oil patch, Energy East, keystone xl, Northern Gateway, oil prices, Oil Sands • 7 Comments
After last year's rejection by the Obama administration, the oil patch had turned its attention to other projects.
While manufacturing has shown a little weakness, the biggest difference by far is in mining — and that's where the Oil patch weakness shows up, as well as coal and metals production for export (recall how awful rail and steel have been in the Weekly Indicators for the last 4 months).
The oil patch will never be the same — and that's a good thing.
The consensus in the commentary was that this was due to continued weakness in the Oil patch and strength in the dollar.
As a businessman and former politician, Rick Orman has seen downturns in the oil patch from many angles.
It would be easy to pin the blame for the slump squarely on the oil patch, which has scaled back plans for big oil sands projects following the oil price crash that started in mid-2014.
«Modest domestic demand, uncertainty and insufficient foreign demand are key factors holding back investment intentions,» the Bank observed, while noting the cautious outlook wasn't limited to the oil patch.
Unless investment in the oil patch picks up, wage growth could continue to be underwhelming.
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