Sentences with phrase «oil shortages of»

In what can only be termed an attempt to generate mass hysteria, the statement envisions a dark scenario not unlike those depicted by past doomsday fads such as the supposed population explosion and catastrophic oil shortages of the 1970s.

Energy R&D grew following the oil shortages of the 1970s then fell back as national attention turned elsewhere.

Shortly after that first Miami International Auto Show, manufacturers responded to the oil shortage of the early»70s with smaller cars.

Not exact matches

Ongoing drought, political mismanagement, and a drop - off in oil revenue have driven shortages of essentials like power, water, and medicine.

Given the low level of investments, the world could soon face an oil supply shortage, warns Saudi Aramco

Given the low level of investments, the world could soon face an oil supply shortage, Amin Nasser, the chief executive of Saudi Aramco, said Monday also in Istanbul, Reuters reported.

The now - repealed U.S. oil export ban dated back to an era of feared fuel shortages after Arab members of OPEC imposed an embargo against the United States in retaliation for U.S. support of the Israeli military.

Canadian producers had hoped a return to full capacity on the line would help relieve a bottleneck in the oil - rich province of Alberta, where increased output has run up against a shortage of pipeline and rail capacity.

Production has risen in the world's fifth largest oil producer, but full pipelines and a rail car shortage have made it difficult for drillers to ship out of Canada.

But Alberta heavy oil is sometimes fetching as little as half the world price due to the competition from U.S. - produced shale oil and a shortage of pipelines to get the crude to the coasts and other refining markets.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

The little industry that could take a big bite out of oil demand Shell warns of liquified natural gas shortage

The bottlenecks are frustrating for Canadian oil producers because heavy crude is in great demand from U.S. Gulf of Mexico refineries, which are designed to process it, and have faced shortages of Venezuelan and Mexican heavy crude.

Production has risen in the world's fifth largest producer but full pipelines and a rail car shortage have made it difficult for drillers to ship oil out of Canada.

The pace of departures has quickened with the rapid deterioration of PDVSA's operations and finances - radiating pain through the OPEC nation's oil - based economy, now beset with food shortages and hyperinflation.

Rampant food shortages that caused Venezuelans to report losing an average of 11 kilograms (24 pounds) last year are particularly tough for oil workers tasked with grueling physical work in often remote oil fields.

Also, Marathon Petroleum Corp. said it could shut down its 451,000 bpd refinery in Texas City because of a shortage of oil, Bloomberg reports.

Suncor Energy Inc. is barreling ahead on the ramp - ups of the Fort Hills and Hebron oil megaprojects as its refining operations protect it from the pipeline shortages and lower prices Continue Reading

And, in our latest Business Outlook Survey, the Bank saw evidence of labour shortages easing in regions where some interprovincial workers are returning from the oil patch.

This isn't a matter of collusion or market power, it's simply a matter of a broad market for refined products not affected in the same way by pipeline shortages and transportation bottlenecks which affect crude oil prices in one region but not another.

A return to full capacity on the line is also expected to help relieve a bottleneck in the oil - producing province of Alberta, where increased output has run up against a shortage of pipeline and rail capacity.

Unless many billions of dollars are spent in the short term, the world is facing the prospect of a significant shortage of oil in the early years of the next decade.

It's likely that this deficit will widen over the next few years and, unless many billions of dollars are spent soon, the world is facing the prospect of a significant shortage of oil in the early years of the next decade.

There's no shortage of analysts and experts right now sharing their (wildly divergent) predictions of where oil might be headed from here.

The conditions for oil workers have deteriorated for years, with shortages of food, unsafe working conditions, and hyperinflation destroying the value of paychecks.

It's guaranteed that our level of consumption is going to result in some nasty surprises down the road (climate change, peak oil, water / food shortages).

One view argues that a shortage of gas and oil, whether resulting from an embargo or from a longer - term depletion, «would produce severe economic and social dislocations.»

He will examine whether the current hype around fracking is justified, as well as how best to deal with the problem of peak oil and resource shortages.

What we have also done to prevent this type of thing happening again is that I have ordered the Bulk Oil Storage and Transportation Company which is responsible for keeping Ghana's strategic stock to keep one month's supply of light crude in reserve so if there is any challenge in terms of shortage in light crude, BOST will supply.

Leaders must also take a long - term approach to the management of oil wealth to ensure the region can meet the challenges of food and water shortages, rising population levels and global warming.

Despite being one of the world's biggest oil producers, Nigeria imports most of its fuel and is currently facing a severe shortage.

The Senior Staff of the Bulk Oil Storage and Transportation Company (BOST) are predicting a shortage in fuel following what they say is the continuous interference by a cartel in the company's activities.

Three communities in the Niger Delta region, Abacheke, Ugada and Etwkuru, all of Egbema in Ohaji / Egbema Local Government Area of Imo State, have lamented shortage of food due to the devastation of their farmlands by oil spillages.

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.

This parade of unending innovation makes any worries about impending oil shortages sound unduly pessimistic.

Current shortages of both oil rigs and skilled manpower to operate them could also bottleneck such efforts.

The crop in tropical countries fluctuates wildly, and Calgene expects buyers will order a small but dependable supply of oil to hedge against possible shortages.

How about an efficient way of making biodiesel tackling the oil shortage and ending the problem of food land being taken up?

When I called they said it was because there is a shortage of coconut oil.

During the Civil War, the Confederacy used peanut oil as an affordable lubricant for locomotives due to a shortage of whale oil.

I bet you have no shortage of coconut oil at your fingertips!

Luckily, there's no shortage of eye makeup removers — from micellar water to cleansing oil — that have earned our praise.

The picture's protagonist is Riva (Patsha Bay), a petty thief who has commandeered a truckload of gasoline across the Angolan border into the Congo with plans to resell it in his hometown of Kinshasa where the populace is presently in the grips of an oil shortage.

The movie establishes very briefly that there's been a shortage of oil, a resource richer than water, which has thrown the world into chaos.

Further to presentations by the Head of Engineering Department, the PDA in Project Management is now a core PDA for the newly developed Scottish qualification of Higher National Diploma in Energy Skills, addressing the looming skills shortage in Oil and Gas, and Renewable Industry.

To those of us far from Wall Street it seems the sort of action that would put GM in the same position it was in 12 years ago, when an economic downturn or a change in automotive tastes due to something like a spike in oil prices could lead to serious cash shortage.

Here in Atlanta there is no shortage of Toyota / Lexus shops capable of great work Over the years we've noticed very little correlation between a shop's ability to do great work and the overall work product of the shop Having the ability is only part of the equation Each technician has to want to do great work For this they have to love what they do In addition to being passionate about our work we're also pretty passionate about the brand we work on — believing that Toyota and Lexus make the most rugged dependable vehicles on the planet And while we don't expect every customer to share this level of passion for their Toyota or Lexus we have found our customers to be a bit more discerning in how their vehicle is treated — whether it's here for an oil change or a frame - off restoration

And, of course, it fairly sips fuel as if there really is an oil shortage.

Wilkins said the oil spill off the Alaskan coast and other factors such as an earlier rise in Mideast crude - oil prices apparently combined to spark the rapid spring surge in prices, but they were not a reflection of an actual shortage.

This will make the world have a shortage of oil, so prices will go up!