Sentences with phrase «oil supply disruptions»

The U.S. Energy Information Administration (EIA) estimates that an average of 800,000 barrels per day in production were taken offline last month, contributing greatly to May's having the highest monthly level of unplanned global oil supply disruptions since the agency began tracking such data in 2011.

To meet the nation's rising demand for energy, reduce its economic and national security vulnerability to crude oil supply disruptions, and minimize adverse environmental effects, the Congress should consider further stimulating the development deployment of a diversified energy portfolio by focusing R&D funding on advanced energy technologies.

Gold and oil futures closed at their highest levels since January 2016 and December 2014, respectively, over oil supply disruptions and geopolitical concerns.

The IEA Emergency Response System Ready to respond to any potential oil supply disruption 29 November 2007

An IEA collective action would be initiated in response to a significant global oil supply disruption and would involve IEA Member Countries making additional volumes of crude and / or product available to the global market (either through increasing supply or reducing demand), with each country's share based on national consumption as part of the IEA total oil consumption.

However, continued reliance on conventional technologies leaves the United States vulnerable to crude oil supply disruptions, with economic, energy security, and national security consequences.

Specifically, government leadership is needed to overcome technological and market barriers to deploying advanced energy technologies that would reduce the nation's vulnerability to oil supply disruptions and the adverse environmental effects of burning fossil fuels.

Broadest ever participation in IEA emergency response exercise For the first time in the IEA's history, Member, Accession and Association countries work together to simulate collective response to an oil supply disruption 12 February 2018

The Strategic Petroleum Reserve: America's insurance policy in case of an oil supply disruption