Sentences with phrase «out of oil by»

We didn't run out of oil by 1980 / 1990/2000 / 2010, And the world is not going to warm enough to kill us either.

No, maybe... I got it, we'd be out of oil by now.

Not exact matches

Fracking is part of the problem, but the report states that most human - induced quakes are caused by the oil and gas industry's use of injection wells to dispose of wastewater - the contaminated liquid that gets pumped out of the well during oil and gas extraction.

For its part, the oil and gas industry, by pouring investment into the oilsands with little concern for how it's going to get the oil out to markets, «is playing a high - stakes game of chicken,» Cann adds.

Analysts estimate that a sanction - free Iran could add another 1 million barrels per day of oil to global supply by 2016, providing a supply cushion if U.S. shale producers end up running out of financing.

As a vice-president of parent company China National Petroleum Corp. explained at an oil and gas industry conference in Calgary, the company felt it was being shut out of Canada's oilsands by political pressure from the U.S. and had lost confidence in Enbridge's ability to manage aboriginal opposition to the line.

And yet by 2009, Gateway was once again a going concern and one of the backers turned out to be Sinopec, another Chinese state oil company and one of the owners of oilsands producer Syncrude Canada.

Miro Advisors has been selected by oil and gas explorer New Standard Energy to manage the farm - out of its Western Australian exploration acreage, continuing four years of rapid growth for the Perth advisory firm, as detailed in this week's edition of Business News.

A survey conducted recently by COMPAS Inc. found a majority of Canadian CEOs polled subscribe to peak - oil theory — the idea that the planet is running out of easily accessible and economical oil — but believe it is difficult to predict when peak production will occur.

This eye - catching graph pops out of a report published by Boston Consulting Group on January 21: it illustrates how the current oil price crash, while not (yet) the deepest in recent memory, is the longest - lasting — and counting.

It also gradually phased out subsidies that kept retail fuel cheap, causing prices at the pump to climb by an average of nearly 25 % since 2014, even though global oil prices fell by as much as 75 % during that period.

CNBC's Jackie DeAngelis reports that oil prices were affected by weak trade data out of China and the EIA cutting its world oil demand forecast.

A similar wells - to - wheels study released in September by IHS Cambridge Energy Research Associates out of Massachusetts found fuels derived from oilsands to be just 6 % more carbon intensive than the average of all oil sources consumed in the U.S.

Raitt's three - year timeline to fully dispose of older DOT - 111A tankers (and immediate phase - out of 5,000 of the most vulnerable cars) is going to be a difficult one to meet given the existing capacity for suppliers to build new tankers, as well as the desire of oil and gas companies to continue the exponential increases in oil - by - rail shipments into the future.

The Consumer Price Index, put out by the Department of Labor, rose steadily before flattening out, as oil prices leveled off heading into summer.

The genre - defying creative minds who brought you the Mexican pizza also plan to phase out high fructose corn syrup and palm oil by 2016, and at least some preservatives by the close of 2017.

«Innovation's a big part of our whole corporate culture and part of what helps differentiate us,» says Carlson, pointing out that oil and gas companies can be risk - averse and sometimes late to exploit opportunities presented by technical advances.

Carolyn Wilkins, the No. 2 at the Bank of Canada, told me in an interview that Canada's housing market is trifurcated, or like a triple - layer cake: Toronto and Vancouver; Calgary and other places affected by the collapse of oil prices; and everywhere else, where housing prices are flattening out.

Canadians did not vote to see government power used to carry out a mandate written by the oil patch in the interests of a single province.

Share: FacebookTwitterLinkedinGoogle + emailYou wouldn't know it from the media coverage, but the biggest energy story coming out of last week's visit to Canada by Indian Prime Minister Narendra Modi had nothing to do with oil and gas prospects, or uranium.

A few big oil and gas deals have come out of the price rout — Royal Dutch Shell's acquisition of BG, worth $ 70 billion, is the largest by far — but more will likely take place in the near term.

The recent surge in growth in North American non-conventional oil production, whether it's light oil from North Dakota or the heavy stuff that comes out of Alberta's oil sands, is made possible by high oil prices, which are in turn linked to world demand remaining robust.

They continue to bail out of oil sands stocks, which are down by 70 percent in the last seven years.

And investors, apparently baffled by the task of valuing integrated oil firms, will be able to work out more easily what each bit is worth and allocate cash accordingly.

If I take Keystone XL out of the mix, in my toy model, I haven't impacted the cost of the marginal barrel of oil sands because I haven't changed the cost of a barrel shipped by rail, I've simply reduced the profit on the barrels which would be shipped via KXL by forcing them to be shipped to market in a more expensive way.

In recent years, Browne has been chairperson of L1 Energy, a company operating out of Luxembourg, founded by Russian Jewish billionaire Mikhail Fridman, that invests in oil and natural gas ventures.

Oil prices have fallen more than 15 percent since March 4 to a six - year low of $ 42.3, wiping out $ 7 billion of market value of high - yield debt issued by energy companies.

By connecting land - locked oil deposits in Alberta and North Dakota with world markets, pipelines and railways aren't just letting industry pull more oil out of the ground — they're also connecting those oil flows to world prices.

Or, as pointed out by the federal environment minister McKenna in a letter Thursday to B.C. environment Minister George Heyman, that Canada already has a mountain of regulation to ensure a world - leading regime to transport oil and products, including: the Railway Safety Act, the Pipeline Safety Act, the National Energy Board Act, the Canada Shipping Act, 2001, the Marine Liability Act, the Fisheries Act, the Canadian Environmental Protection Act, 1999, and that Ottawa has pledged to spend an additional $ 1.5 billion to protect its coasts and marine environment.

«I might lose whatever credibility I have with readers if I suggested flat out that a book centered around the subject of oil, written by an economist, was a page - turner, but I am willing to say with conviction that Why Your World Is About To Get A Whole Lot Smaller, by former CIBC Chief Economist Jeff Rubin, is a fantastically compelling read.

This regional market has pipelines running both in and out of it, and oil is used by refineries within the region to produce gasoline, diesel fuel and other products.

In the meanwhile, I expect that the negative effects of lower oil — primarily, cuts to investment continuing to be borne out by the data - will remain front and center.

OPEC initially responded by unleashing its own torrent of oil, which it hoped would drown out weaker shale drillers.

During a major industry gathering in Houston this week Ali al - Naimi, Saudi Arabia's oil minister, ruled out the possibility of cutting output, damping hopes of more aggressive action to curb a glut estimated by some traders to be as large as 2m b / d.

On Thursday, fellow prairie province Saskatchewan entered into the war, announcing it will consider limits on its out - of - province oil shipments if B.C. continues its efforts to delay the pipeline expansion project.While Saskatchewan likely would not be shipping oil on the proposed pipeline, the province has been negatively impacted by the projects continued delays.

The Alberta government received the final report from the independent panel led by University of Alberta economics professor Andrew Leach and announced its plans to phase out coal burning electricity plants, phase in a price on carbon, introduce a limit on overall emissions from the oil sands and introduce an energy efficiency strategy.

The Pembina Institute responded by pointing out that «Albertans, the owners of the province's oil and gas resources, were completely left out of the process of reviewing Alberta's royalty rates.»

Saudi Arabia's energy minister, Khalid al - Falih, also re-invigorated the market on Monday saying he was optimistic that major oil producers will agree to cut production by November, and that $ 60 - a-barrel prices were not out of the question.

Light, sweet crude oil, which has already spiked close to 40 percent since June this year and is up by more than 100 percent from the 2016 lows of $ 26 a barrel, will likely see an all - out rally with the 2008 highs paling in comparison.

aaaaaan then by historical account, after the disciples left their homes, gave all they had and hung out with poor people «to keep their good economic standing,» cried in joy from beatings because they could serve Christ and not the world, and all of the twelve but one were beaten thoroughly and executed, becuase the one who lived was placed in boiling oil and WOULD NOT DIE in front of thousands of viewers... «tooooo keep their «good economic standing?»»

The footage serves as a plausible facsimile of the war as defined by the Pentagon; it tells viewers nothing about the origins and nature of an enemy that Republicans and Democrats alike have been ignoring for the last ten years, out of deference to the demands of Big Oil and in the hope that a world of six billion people might wake up one morning, consider the odds, and start bowing to Bill Gates, Michael Jordan, and the Goddess of Democracy.

The parables disclose with what pleasure and tolerance he surveyed the broad scene of human activity: the merchant seeking pearls; the farmer sowing his fields; the real - estate man trying to buy a piece of land in which he had secret reason to believe a treasure lay buried; the dishonest secretary, who had been given notice, making friends against the evil day among his employer's debtors by reducing their obligations; the five young women sleeping with lamps burning while the bridegroom tarried and unable to attend the marriage because their sisters who had had foresight enough to bring additional oil refused to lend them any; the rich man whose guests for dinner all made excuses; the man comfortably in bed with his children who gets up at midnight to help his importunate neighbor only because he despairs of getting rid of him otherwise; the king who is out to capture a city; the man who built his house upon the sand and lost it in the first storm of wind and rain; the queer employer who pays all of his men the same wage whether they have worked the whole day or a single hour; the great lord who going to a distant land entrusts his property to his three servants and judges them by the success of their investments when he returns; the shepherd whose sheep falls into a ditch; the woman with ten pieces of silver who, losing one, lights the candle and sweeps diligently till she finds it, and makes the finding of it the occasion of a celebration in which all of her neighbors are invited to share — and how long such a list might be!

«Third, the man seems to have developed a rather exalted understanding of his ill - advised intervention, By binding wounds and pouring on oil and wine he seems to have been carrying out a highly provocative sequence of actions.

We settled on meatloaf, thinking that you could make it look sort of like a camel's hump... you know... if he was wearing a girdle of camel's hair, he had to have done something with the rest of the camel... I modified the linked recipe by adding Worcestershire sauce, garlic and onion, and I thought it turned out a bit dry, but it wasn't bad, especially with a topping of vidalia onions browned in olive oil, balsamic vinegar, and a little more honey.

When the oil embargo was lifted, the Arabs justified the rise in prices of crude oil by pointing out that inflation increased the cost of goods they had to buy from the industrial nations.

The fact is they have potential but they are not light crude they have to be pressed out of the earth through a fracturing process that up until the price of oil went over 75 $ a barrel was deemed too expensive by the oil companies to go after.

Next prepare your sweet corn and pine nuts by spreading them out on a baking tray and mixing with a good drizzle of olive oil and a sprinkle of salt.

I've been staying inside and cooking up a storm, mainly testing out recipes for my review of Cooking with Coconut Oil by Elizabeth Nyland of Guilty Kitchen, which will go up this weekend.

A quick rinse, sliced them, placed on baking sheet, sprinkled with Herbes de Provence and a few light splashes of oilive oil... and by the time 2 l / 2 hours had passed, was eating them out of the oven.

This recipe is inspired by the adorable Julieg on youtube, julieg713 She recently tried out coconut oil and we've been texting back and forth as she's been finding some of the many amazing things you can do with coconut oil.