Sentences with phrase «require global oil prices»

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

Not exact matches

OPEC (Organization of the Petroleum Exporting Countries) announced a surprise draft agreement to cut oil production that boosted energy prices, but any significant further rally would seem to us to require a far more vibrant global economy.

While heartened by the bounce in oil prices after the multi-decade lows reached early in the year, any significant further rally in energy prices would seem to us to require a far more vibrant global economy.

Current proposals by global warming advocates will likely cost billions of dollars and require a wholesale transformation of the nation's economy and society. Americans could be paying 30 percent more for natural gas in their homes and even more for electricity.  The cost of coal could quadruple and crude oil prices could rise by an additional -LSB-...]