Sentences with phrase «oil rich nations»

When we attacked Iraq, oil was at $ 29 a barrel and the great fear was that once we attacked it, the tremendous increase in supplies from Iraq would drive the price of oil down to even lower levels, causing the oil rich nations (and corporations) to lose billions of dollars.

Schubert, Samuel R. (2006): Revisiting the oil curse: are oil rich nations really doomed to autocracy and inequality?

Those police officers / the state are bringing freedom to that oppressed woman just like the US military brings democracy to unstable foreign oil rich nations.

Kuwait is an oil rich nation situated on the Arabian Gulf.

His next destination will be decided by his Qatari side Al - Arabi who have kept him on loan the last 18 months after he failed to settle in Qatar six months after moving to the oil rich nation from Standard Liege of Belgium.

Not exact matches

The latter two are inexcusable — rich nations have no business subsidizing rich oil, gas and coal companies or their own consumers.

That power squarely rests with oil - rich nations that hold most of the world's oil reserves and the Wall Street banks and hedge funds that speculate and make markets in the oil trading game.

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.

Venezuela, an oil - rich nation that went on a spending spree, is struggling to meet $ 10 billion in debt obligations this year, since 95 percent of export earnings depend on crude.

Caracas says it hopes to draw investment from oil - rich Middle Eastern countries, Turkey and Western nations, such as the United States.

Norwegian property prices have tripled since the mid-1990s, up nearly 30 % since the Great Recession as the oil - rich nation rode the coattails of the commodities bubble and has benefited from the same «flight to safety» capital flows that have benefited (and inflated bubbles in) other Nordic countries.

«It leverages state control of the financial system to channel low - cost capital to domestic industries — and to resource - rich foreign nations whose oil and minerals China needs to maintain rapid growth.»

Norwegian property prices have tripled since the mid-1990s, up nearly 30 % since the Great Recession as the oil - rich nation rode the coattails of the commodities bubble and has benefitted from the same «flight to safety» capital flows that have benefitted (and inflated bubbles in) other Nordic countries.

So why is it that not all oil - rich nations are money - rich nations?

New York's public pension tax burden is the second most costly in the nation, trailing only Alaska who benefits from rich oil and minerals deposits.

The nation's top energy - industry lobbyist said Cuomo's «knee - jerk» ban on fracking is being «cheered» by the gas and oil industries in Pennsylvania, Ohio and West Virginia, all of which share the gas - rich Marcellus Shale region with New York.

Equatorial Guinea's veteran ruler, Teodoro Obiang Nguema, on Wednesday named his son Teodorin Nguema Obiang vice president of the tiny oil - rich nation, in charge of defence and security.

Who are the bombers and vandals of the nation's oil rich South - South where the bulk of our national resources come from?

That would certainly skew the premise that rich nations are less religious than poor nations, even if the oil nations derive wealth from natural resources and not industry.

As a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.

The President said those of them, who participated in the nation's 30 - month civil war that left millions of Nigerians dead, found the belief of Nigerians, who lived in oil - rich areas that the natural resources belonged to them, very irritating.

President Muhammadu Buhari on Wednesday said many Nigerian youths like free things based on the notion that Nigeria is an oil - rich nation.

Lacking the rich oil, coal and other energy reserves of many other nations, Japan relies on nuclear power for some 30 percent of its electricity.

Poor nations say wealthy countries got rich using coal, oil and gas and they must be allowed to develop their way out of poverty.

The Pentagon does not want its military bases to be at the mercy of unpredictable oil - rich nations or volatile price shifts.

«The companies, the countries, that succeed in this will be the economic winners of the next age to the same extent that the oil - rich nations are today,» Venter says.

In July 2020, the oil - rich nation aims to launch a spacecraft called Hope that will orbit the Red Planet and probe its atmosphere from top to bottom, beaming back «the first holistic view of the entire dynamics of the lower atmosphere of Mars,» says Sarah Amiri, Hope's science lead.

The tiny, oil - rich West African nation of Equatorial Guinea will host a new center set to collect information about science and innovation across the African continent.

Here, the RAND team that has been working with the oil - rich Gulf nation Qatar on a radical redesign of the emirate's education system offers a straightforward account of their handiwork.

Like say, with oil, you can use exactly how much oil is being produced, you can look at the nations that need oil, how rich they are, how much oil do they need, what they're doing with it etc..

Over the past 12 months, they've brought a circuitous running track, Positive Pathways (+)(2016), to the European School of Management and Technology (a location for fellow collective DIS's Berlin Biennale) and to New York's Mitchell - Innes and Nash (which newly represents GCC) in a commentary on the growing pervasiveness of wellness culture among Gulf elites; they've digitally renovated an oil sheik's Paris manse, now complete with a hidden elevator for his perfunctory Lamborghini, in a video work at London's Project Native Informant, which looks critically on the racially - and culturally - charged attacks on oil - rich Gulf expats who have bought up some of the West's best addresses over recent decades; and they've launched a branding agency for an undisclosed nation from the region, the services of which it has then licensed to citizens via an app for a solo booth last year at Art Basel in Miami Beach.

Former New York City Mayor Michael R. Bloomberg, now a United Nations climate envoy, has laid out a wise path for President Obama that could sidestep the political morass surrounding Canada's oil - rich Alberta tar (sands) pits and the proposed Keystone XL pipeline.

Norway is among the richest nations in the world but does not see a path away from its dependence on oil and gas extraction.

And we would eventually get some good return from the higher prices we would pay, rather than to just make the oil companies and other nations richer.

It is often said that whoever governs the oil - rich nations of the Greater Middle East will need to sell their oil.

Furthermore i expect dat the rich oil nations do the right thing: investing in renewables.

Coal magnate John Rich admits that because of ballooning costs and lack of government support, he has given up on setting a timeline for the construction of the Gilberton Coal - to - Clean - Fuels and Power Project, the nation's first coal - to - oil plant, in Gilberton, Pennsylvania.

But coal - rich and oil - rich nations are backing CCS with a lot of research money, money that could be spent on furthering the efficiency, reliability and affordability of renewable technologies.

It will be interesting to see what this oil - rich nation does to encourage its emerging clean - tech industries.

Clean Energy Reform Opposition Bankrolled by Oil - Rich Nations

I'm quite resigned to the fact that we are not going to be the ones to prove or disprove this question — it will be left to developing economies like China and India, and other nations that have immediate reasons to pursue nuclear power (South Korea and Japan due to lack of any apparent alternatives, UAE and other oil / gas rich nations that wish to sell rather than use their prized non-coal fossil fuels).

Saudi Crown Prince Mohammed bin Salman wrapped up a whirlwind tour of technology titans on Friday, part of a three - week U.S. visit focused on economic opportunities to diversify the oil - rich nation.