Sentences with phrase «over the barrels of»

The event is commemorated in England as Guy Fawkes Day (or Bonfire Day), because he was the man actually found standing over the barrels of gunpowder.

Not exact matches

The field, covering nearly 75 square miles, was discovered in 1911 and has produced over 2 billion barrels of oil equivalent (BOE), making it one of the most productive fields in the United States.

Brent oil prices eased off four - month highs of just over $ 75 a barrel set on Monday on worries that Trump may pull out of the 2015 Iran nuclear deal and thus bring back sanctions on its oil output.

The Irvings had their hopes dashed in October when plans were scrapped for the $ 15.7 - billion Energy East pipeline, which would carry over a million barrels of oil from Alberta to Saint John, N.B. every day, some of which would be processed at Irving Oil's refinery.

Or, at least, they're using a lot less water to make it: MillerCoors announced this week that they've reduced their water consumption by 9.2 % over the past two years, saving roughly one billion barrels of water.

The company operates in over 70 countries and produces about 3.7 million barrels of oil a day.

Brent oil prices eased off four - month highs of just over $ 75 a barrel set on Monday on worries that U.S. President Donald Trump may pull out of the 2015 Iran nuclear deal and thereby bring back sanctions on its oil output.

In the room were some 1,500 energy sector executives, most of them in a tetchy mood, given that oil was south of US$ 50 a barrel and over 35,000 Albertans had lost oilpatch jobs up to that point in 2015.

Last year, New Belgium Brewing sold over half a million barrels of beer, which makes it all the more remarkable that CEO Kim Jordan doesn't have any employees.

But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.

Analysts at Bank of America Merrill Lynch, in a back - of - the - envelope calculation, speculate that, if it can make $ 1 a barrel on that flow, Glencore will earn $ 400 million over the five years --» a very compelling return on $ 323 million in equity.»

Saudi Arabia also increased its output by just over 23,000 million barrels, but continues to provide the lion's share of output cuts.

«Shale is the reason we're not trading over $ 100 a barrel, way more than $ 100 a barrel,» said Francisco Blanch, global head of commodities and derivatives at Bank of America Merrill Lynch.

While the loss of the city has no immediate effect on oil exports, now at over three million barrels a day, it adds to concerns over security and the country's plans to expand oil production.

In 2013, Boston Beer Company had revenues of $ 739 million, sold 3.4 million barrels of beer and had over 1,100 employees.

Economists are now fretting over daily swings in the price of oil, which recently surged to more than US$ 105 per barrel — its highest level in more than two - and - a-half years.

That same project with a build cost of $ 75,000 per flowing barrel and $ 20 per barrel operating costs would pay over $ 10 per barrel less in taxes and royalties.

If you put those two story - lines together, a mine which costs $ 20,000 per barrel per day to build and $ 10 per barrel to operate would pay an average of $ 42.50 per barrel in royalties and taxes (again, today's dollars) over the life of the project if the U.S. Energy Information Administration price forecast proves accurate.

Production of refined products, meanwhile, fell to just over 700,000 barrels per day in 2017.

For a 110,000 barrel per day mine, each additional billion spent on start - up capital translates to about $ 525 - $ 560 billion million fewer taxes and royalties (in today's dollars) over the 40 year life of the project.

CNBC's Jackie DeAngelis reports just ahead of the close for oil trading, WTI holding over $ 38 a barrel.

What we know for sure is a barrel of West Texas Intermediate (WTI) has plunged around 40 % over the course of 2014 to the neighbourhood of US$ 55.

Between 2005 and 2030, total U.S. oil output will double from less than 15 million barrels of oil equivalent a day to over 31 million.

After all, by engaging in these reductions, the kingdom is ceding market share to the likes of Iran, Iraq, and U.S. shale producers, who have recently ramped up exports to record levels of over 2 million barrels per day.

«Because of the rapidly growing levels of oil production in the United States and the fact that we've virtually nowhere else to sell our oil than the U.S. market, Alberta is getting just over $ 50 a barrel for our oil,» Redford said.

• Throwing barrels: Angry Birds maker Rovio, which raised over $ 40 million in VC funding, yesterday announced that it was cutting more than 30 % of its workforce (i.e., 260 jobs).

The path she takes meanders alongside a stream and over train tracks, not far from where hundreds of people converge during the company's summer «bike - in movie» events, gathering on the lawn to enjoy films paired with fine beers — like New Belgium's flagship Fat Tire Amber Ale, the organic wheat offering Mothership Wit and La Folie, a sour ale aged in the large French oak barrels that loom behind the bottling site.

THE name Black George Wines fills my vexillologist imagination with images of the jolly roger flying over a vineyard of coarse, full - bodied reds and barrels brimming with rough and ready fortified wines.The reality is quite the opposite.

Meanwhile, the August contract for crude plunged $ 4.40 to close at $ 52.53 (U.S.) a barrel Monday on the prospect of increased oil output from Iran and worries over Greece.

What's more, the U.S. Energy Information Administration (EIA) just reported that, thanks to the revitalized shale revolution, the U.S. produced over 10 million barrels of oil per day in November, the first time it's done so since 1970.

Prices of WTI crude oil, the benchmark grade for North America, have averaged $ 97.40 a barrel over the last year, 15 % higher than the five year average.

Although estimates vary, Iran might be able to bring 400,000 barrels per day online within a few months, perhaps as much as 700,000 barrels per day by the end of the year, growing to well over 1 million barrels per day sometime in 2016.

Before the recent string of production disruptions, which were caused by militant blockades on pipelines carrying crude from three fields to export terminals, Libya was pumping over 1 million barrels of oil daily, eyeing 1.2 million bpd in output by the end of the year.

Over the past five years the price of west Texas crude, the primary American benchmark for oil, has yo - yoed from US$ 60 a barrel to US$ 145 in 2008, all the way back down to US$ 30 during the recession, then up again to US$ 114, before settling this year around US$ 100.

The carbon footprint of a given barrel of oil over any other was not really on the political map when Chrétien was changing the tax code to finance a mine and Klein was rewriting the royalty regime to make it easier to expand the industry.

Over the weekend, Jeff Gundlach, the CEO of investment services firm DoubleLine told Barron's that he believed the 10 - year Treasury yield could test the 2012 low of 1.38 percent if the price of oil fell below $ 40 a barrel.

My predictions of steadily rising oil prices over the last decade, including my call for $ 100 - per - barrel oil by 2007, had flown in the face of conventional wisdom.

The 2016 tax - assessed value of all barrels aging in Kentucky is $ 2.4 billion — an increase of $ 299 million from 2015 and a 135 percent increase over the last 10 years.

Futures would rally into the low $ 50s a barrel and average $ 55 over the first half of next year if the group agrees to a cut, according to the bank.

The price of a barrel of oil is also up 15 percent (almost $ 8) over the past month.

For example, Phillips 66» Sweeny Refinery in Old Ocean, Texas imported over 46 million barrels of Venezuelan oil last year, the most out of any other refinery.

As shown in the figure above, over three million barrels per day of imports to the Gulf Coast come from OPEC countries, many of which have frosty relations with the U.S..

Currently, Aramco produces over 10 million barrels per day of crude at some of the world's cheapest production rates.

Currently, the Gulf region imports over 5.5 million barrels per day of crude oil and related products at world prices.

Petrobras handed over $ 42.5 billion of the $ 70 billion it raised to the government for the right to produce 5 billion barrels of pre-salt oil in areas not previously awarded to the company.

According to the definition used in this report, there are over 5 trillion barrels of natural bitumen in place globally, with 40 % of that in each of Canadian and Venezuelan deposits.

The EIA has increased their projection of 2035 imports from Canada by over 1 million barrels per day while they expect total imports to decrease over the same time period by almost 30 %.

Indeed, some mining and upgrading operations require global oil prices in excess of US$ 80 a barrel to be profitable over the long term.

The US Gulf Coast currently imports over 4 million barrels per day of crude oil, a number which is expected to decline but is unlikely to reach zero.

Rising energy costs are a type of inflation that we saw in the mid-2000s, during the previous runup to oil at over $ 130 per barrel in 2008.