Sentences with phrase «oil price drops like»

«There are scalebacks when oil price drops like that,» says Feehely.

Not exact matches

Those closures, affecting a major U.S. oil refining hotspot, are pushing up the prices of energy products like gasoline and heating oil as investors anticipate a drop in supply.

With the collapse of global oil prices, the largest recyclers like Waste Management have reported sharp drops in recycling revenue and stagnated recycling rates across the country.

And, like those pros, we watched our portfolios get beaten down, as oil and commodity prices dropped even further in 2015.

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 price of oil began to drop like a rock in mid-June 2014.

However, oil prices have been dropping like hot potatoes, almost 30 %, and with that energy stocks are tanking in unison and singing songs with same tune, along with drilling and exploration companies for shale oil or natural gas.

We also anticipated gains on the demand side from a 50 % drop in the price of oil and less fiscal austerity from the likes of Japan, Europe, China and India.

Curiously, the hike in the price of kerosene came at a time when the price of crude oil had dropped to record low, with the price of petroleum products, such as kerosene, fuel and diesel, among others, dropping significantly in a number of countries, like the United States.