Sentences with phrase «oil reserves dwindle»

As recoverable oil reserves dwindle, there will be increasing pressure to convert coal to liquid fuels as well as exploit unconventional fossil fuels like methane hydrates, tar sands, and oil shale.

Not exact matches

Africa's biggest economy and top oil producer is reeling from the fall in crude revenues, the source of 95 percent of foreign earnings, which has led to the naira hitting record lows on the parallel market amid dwindling foreign exchange reserves.

Yet Petrobras's gambit in the high Atlantic is a striking example of how far oil companies are willing to go in these days of energy uncertainty to tap the earth's dwindling reserves of oil.

It's an ideal way to maintain control over decision - making before nature does it for us in the form of dwindling reserves like peak oil or a permanently degraded environment (neither of which are good for business), or governments institute the tough regulations that are surely coming if business doesn't clean up its act.

Ahmed, via the Amazon link I provided in his biographical information, «argues that financial meltdown, dwindling oil reserves, terrorism and food shortages need to be considered as part of the same ailing system.