Sentences with phrase «oil price spike»

At the pump, clean fuels will protect consumers from oil price spikes by providing greater choices, while increased local production will create jobs producing clean fuels across our state.

Is the groundwork being laid for the next oil price spike?

People will argue oil price spikes are being caused by political unrest, not the underlying reality of peak oil.

When oil prices spiked in 2011, nearly all of Method's competitors were forced to raise prices to cover inflated commodity costs.

Related: Oil Prices Spike As OPEC Reaches Deal On Production Cut

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

While options for short - term relief from high gasoline prices are limited, we can protect ourselves from future oil price spikes by cutting the country's projected oil use in half over the next 20 years — and the production of clean, fuel - efficient vehicles is a critical first step.

The Futures Now team discusses oil prices spiking despite a bearish inventory report, with Anthony Grisanti, GRZ Energy, and Scott Nations, Nationsshares.

Since 2000, he has predicted a massive oil price spike, and he was among the first in 2007, to prophesy that oil would soar over $ 100 per barrel; (a few months later he said $ 150 per barrel and was basically proved right again).

Now Jad Mouawad charts the latest oil price spike, triggered in part by a rumor related to Iran.

Republicans are using the current oil price spike related to Mideast turmoil to call for more domestic drilling and Democrats are calling for tapping the Strategic Petroleum Reserve.

Imagine oil prices spike and gas goes up to $ 6 or $ 10 a gallon.

The analysis found, somewhat surprisingly, that only proceeding with lower cost, less carbon - intensive projects needed to satisfy demand in a carbon - constrained world will add over $ 100 billion to the value of the world's seven oil majors, unless oil prices spike beyond $ 100 a barrel for a sustained period of time — well over OPEC's long - term average assumption of around $ 80 a barrel.

In fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlines.

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

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.

Market pundits have held the belief that any oil price spike driven by geopolitics would be capped because short - cycle U.S. production was waiting in the wings to fill any supply gap.

Probably the most famous example of a large, negative terms of trade shock is the United States after the oil price spike in 1973:

Oil prices spiked this past week in response, but as far as we can tell, this is only chatter.

Three years of low oil prices have constrained investments in conventional projects, and the IEA has just recently reiterated its warning that an oil price spike is in the cards in 2020, citing growing demand for oil that could outstrip the pace of new conventional supply.

Until supplies are tighter, or one of our many global crises comes to a head and causes an oil price spike, the Canadian economy can't expect much from their energy sector.

Oil prices spiked to a two - year high after Saudi Arabia launched a country - wide probe into corruption, detaining numerous high - profile individuals, including prominent businessmen and members of the ruling al - Saud family, as well as current and former ministers.

But while this has given some added impetus to renewables — as is also likely to be the case with the oil price spike due to the current turmoil in the Middle East — it has also boosted interest in massive new gas pipelines to diversify sources of gas supply.

Environmental concerns that were brushed aside when oil prices spiked a few years back have gained traction since the economy cooled.

And during the oil price spikes of 2008, virtually all v8s and most v6s sat on dealer lots like lumps on a log.

The looming possibility of another oil price spike helps too, in addition to the underlying secular trend in oil demand and prices.

Overly ambitious near term reduction goals are vulnerable to anything that could disrupt the political consensus for action, such as a severe economic downturn or oil price spikes.

And Mr. Obama's broader call for an energy revolution also could require him to overcome what he called America's «shock and trance» cycle as oil prices spike and collapse.

Just as the Administration does not consider building a dam in the Grand Canyon during times of drought, we will not consider opening one of the last pristine ecosystems of North America during an oil price spike.»

Especially because they are carbon - neutral or even reduce atmospheric CO2, but also because of the need for energy security and oil price spikes.

Then from 2010 to 2011, the price of wheat doubled — fueled by a combination of extreme weather events linked to climate change, oil price spikes and intensified speculation on food commodities — impacting on Syrian wheat imports.

Over-hyped reserves of oil - bearing shale and OPEC's deliberate overproduction (to starve U.S. frackers) temporarily wiped the 2008 oil price spike from Americans» memory, and they'll be caught off guard when it returns.