Sentences with phrase «oil producers when»

Not exact matches

The quest to regain the top producer spot in one of the most - prolific U.S. shale basins had eluded Hamm's Continental since at least 2014, when Whiting bought smaller rival Kodiak Oil and Gas.
Unlike Grantham, Shilling believes that low global growth will continue to keep pressure on the price of oil, especially when Saudi Arabia, the world's most influential producer, can continue to pump up oil for less than $ 10 a barrel.
Prices of commodities like corn, oil, or gold often plunge when producers pump out supply to meet demand, creating inadvertent gluts.
Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.
Since the 1970s, the oil trade has almost entirely been conducted in U.S. dollars, even when buyers and producers are not American.
Tourmaline Oil, a natural gas producer in Calgary, should benefit if and when projects are completed.
Because energy producers cut back on drilling and production when oil is cheap (and less profitable for them), investors were concerned that they would also stop ordering as many of MRC's pipes, which are used to pump and transport crude.
However, that configuration is ill - suited to an era when the fastest - growing crude oil supply is coming from the middle of the bowl, from U.S. oil producers using new extraction techniques and the Canadian oilsands.
When the discount is above $ 20, oil producers will pay to haul crude up to five hours, more than twice as far as usually makes economic sense, Zielinski said.
Scoring a major asset at a time when oil prices had hit major lows has transformed Perth - based junior Kalrez Energy NL from a gold explorer to an oil and gas producer.
And as I shared with you last month, major explorers and producers's profits are now in line with what they were when oil was trading for $ 100 a barrel and more.
Yes, OPEC and Russia are cutting back on their production, but U.S. producers more and more are playing a greater role in the world economy when it comes to oil production.
When the U.S. payments deficit pumps dollars into foreign economies, these banks are being given little option except to buy U.S. Treasury bills and bonds which the Treasury spends on financing an enormous, hostile military build - up to encircle the major dollar - recyclers China, Japan and Arab OPEC oil producers.
The Conference Board report also predicts direct employment at oil producers «will expand by just 2,150 net new positions» over the next four years, when it will reach «66,470 jobs, which is still below the 2015 peak» of 72,600 jobs.
For example, when an oil producer sells oil futures it is probably doing so because it wants to lock - in a cash flow, not because it expects the price to go down.
All the extra oil supply might have some shareholders worried about lower prices and sinking profits, but for many major explorers and producers, profits have returned to the days when oil hovered above $ 100 a barrel.
He had nothing good to say about coconut oil other than it is being promoted by the coconut oil producers as a health food when it is not.
When you purchase Tropical Traditions Virgin Palm Oil, you are supporting small scale family producers in Africa, and NOT large corporate plantations in South East Asia.
The last decade did see some improvements for Africa's oil producers, especially when compared to the continent's earlier boom in the 1970s and early 1980s.
Executive Director of the SAPIA, Avhapfani Tshifularo, told journalists that the potential return of Iranian oil exports to South Africa threaten to displace barrels from Saudi Arabia and Nigeria that plugged the supply gap when sanctions were imposed on Iran, which is OPEC's fifth biggest producer.
Palm oil producers thought they had licked shortages of edible oil and biofuel in the 1980s, when they learned to make genetically identical copies of high oil - yielding palms.
When the cable technician and his wife moved to Dimock, an agricultural community of about 1,500 nestled in the rolling hills of northeastern Pennsylvania, they had no inkling they were sitting on top of a mother lode of natural gas — that is, not until an agent from Cabot Oil & Gas, a Houston - based natural gas producer, knocked on their door in May 2008.
He had nothing good to say about coconut oil other than it is being promoted by the coconut oil producers as a health food when it is not.
He also likes Canadian heavy oil producers, which he says should benefit when oil transportation bottlenecks start to get sorted out.
When he did, so there was one idea that the journalists in the audience latched on to — that by 2020 the USA would become the world's largest oil producer.
But let's don't overlook the key point that the emissions to atmosphere come from burning hydrocarbons (and we should be happy if only CO2 gets out when we burn them), so we need to discourage burning the fuels and the obvious way to do that is raise taxes on hydrocarbon fuel (at the retail level please — be honest, don't try to bury it at the wholesale level so consumers think the oil producers are gouging them).
When it comes to Securing America, U.S. status as the world's leading oil and natural gas producer is a game - changer.
Lukoil has been used as a tool of the Russian government in the past, and it was one of five major Russian oil producers the US banned when former President Barack Obama imposed sweeping sanctions on Russia in 2014 as punishment for its aggression toward neighboring Ukraine.
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