Sentences with phrase «require high oil prices»

This situation creates a system of feedbacks that can be aptly described as an economic growth paradox: increasing the oil supply to support economic growth will require high oil prices that will undermine that economic growth.

That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.

Not exact matches

So the U.S. doesn't have to offer a higher price to ensure it receives the supply it requires — on the contrary, the U.S. gets Canadian oil at a discount.

Sustaining the surge in US oil production will require prices that are high by the standards of a decade ago.

Countries such as China are prepared to pay high prices for recyclables such as waste plastic; mainly because they do not have readily available sources of virgin materials (no indigenous forests or oil supplies) and they have a large manufacturing industry that requires these products.

Our research indicates that, due to the depletion of conventional, and hence cheap, crude oil supplies (i.e., peak oil), increasing the supply of oil in the future would require exploiting lower quality resources (i.e., expensive), and thus could occur only at high prices.