There was a recession in the US, and a few other factors causing a drop in crude
oil shipping volume.
Not exact matches
Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a
volume business (
ship more
oil, earn more money).
However, the outlook for increased
volumes of Canadian crude
oil shipped by rail to the United States is highly uncertain despite significant U.S. demand for Canadian crude
oil, specifically on the U.S. Gulf Coast.
By 1990, the market for tankers was turning around... too many
ships were scrapped and the
volume of
oil coming from the Persian Gulf was increasing.
Today, due to the
volume of
shipping as well as offshore
oil and gas drilling and exploration, the din underwater — where sounds can travel long distances — is constant.
«Our upcoming property will cater to pent - up demand from the corporate sector, which contributes around 90 per cent of hotel demand in Basra due to the high
volume of
oil and gas and
shipping companies based in this booming region of Iraq.»
UNTITLED PROJECT: COMMODITY [CAPITAL],
oil on carved wood, printed mail order form, 2007 >> a mail - order project produced for the exhibition The Irresistible Force at Tate Modern in London ---- featuring a carved and painted copy of Karl Marx's Capital,
Volume I (1867) priced at # 18.99 + # 6.01
shipping and handling, which was at that time the exact cost of the real paperback ordered from Penguin Books.
The Transportation Safety Board is expected to announce Wednesday details of its concerns about current practices for testing, regulating and
shipping by rail large
volumes of light and flammable
oil from the Bakken region of North Dakota.
Aboriginal opposition to such proposals as Enbridge Inc.'s $ 6 - billion Northern Gateway pipeline has been a major stumbling block to the Harper Conservatives» aim of
shipping large
volumes of
oil sands - derived crude to the Pacific Coast to be exported to Asia as a way to increase returns.