Sentences with phrase «said fuel market»

Tighter supplies of gasoline and diesel in B.C. would likely drive up prices in B.C.'s Lower Mainland by about 10 cents per litre, said fuel market analyst Michael Ervin, senior vice-president at the Kent Group Ltd..

Not exact matches

«The energy market is changing more rapidly than we could have imagined, and it's changing because the costs of competitive fuels are coming down,» says Simon Flowers, chief analyst at Wood Mackenzie, who predicts global demand for gasoline and diesel fuel will peak as early as a decade from now and «certainly» by 2030.

Mark Campanale, executive director of the Carbon Tracker Initiative, a thinktank that analyses the financial risks of fossil fuel investments, said: «The financial markets are fast losing faith in the investment case for fossil fuels.

«A strong economy and labor market are generating rising incomes and higher consumer confidence, fueling a strong year for the travel industry, which will continue into the holiday season,» said Bill Sutherland, a senior vice president for the travel organization AAA.

«The prices have really become detached from the fundamentals like sales and cash flow,» says Clayton, who suggests that the market is caught in a cycle of news driving stock prices and stocks fueling news.

Fueled by low prices, and an improving job market, consumption of gasoline in the U.S. rose by 2.6 per cent last year to 9.2 million barrels a day, the highest level since 2007, the government said.

He said the cargo market, which helped fuel Cathay's second - half improvement in 2017, remained strong despite the risk of a looming trade war between the United States and China.

Politics aside, it all comes back to fundamentals, and the upcoming earnings season should also give the market some fuel to push higher, said Calvasina.

The banks says the long - oversupplied oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and several other producers eat into the world's crude stockpiles.

He said the European business has invested in new IT and planning systems and boosted marketing spending to help new initiatives including a signature fuel brand and fresh food offerings.

Interestingly, says AmEx Business Insights senior vice-president Ed Jay, that growth in the luxury market is being fuelled by the entry of new, non-traditional consumers.

«While we are seeing solid U.S. fuel margins year to date, this quarter's results were negatively impacted by volatility in the crude oil market, particularly in the southwest US,» he said in a news release.

Bain said China's luxury market should also see robust growth this year «fueled by millennials and ready to wear» attire, though the growth rate would likely slow down to «low - mid teen» levels given the fast growth in 2017.

Most companies raise capital and use IPO proceeds to fuel growth, but «Spotify doesn't need that — it has plenty of cash on its balance sheets,» says Matthew Kennedy, IPO market strategist at Renaissance Capital.

Yet that complexity, fueled by new technologies such as social networks, is exactly what makes this a great time to be a marketing chief, says Peter Krainik, founder of the CMO Club, an industry group.

Meanwhile, with a series of supportive economic factors at play «we expect the country's real estate market to continue the strong showing it posted in the second half of 2013,» Soper said, noting among other things favourable interest rates and an improving U.S. economy fuelling demand for Canadian exports.

While fuel - cell vehicles are available on the market currently, they aren't used commonly right now because it is complicated to recharge the hydrogen fuel cells, says Rinebold.

The transportation sector is «too big an opportunity not to work on,» he says, noting that the potential market for automobile fuels is greater than all the natural gas produced in North America today.

«As an independent company with renewed investment, we are in a position to actively pursue plans that help further our mission and fuel our ambitious goals in the U.S. and in our global markets,» Beauchamp said in a statement to Recode.

Critics say the central bank's actions made Wall Street and the super-rich even fatter, fueling a stock market surge while leaving many ordinary workers no better off and widening the nation's wealth inequality.

«Travel retail results are driven by our investments in key local markets that are fueling our commercial efforts in airports,» he said, according to a FactSet transcript.

At the same time, they view millennials as more open to change, creative and entrepreneurial, the very qualities that fuel agility and innovation,» said Jaleh Bisharat, SVP of Marketing at Elance - oDesk.

«For the first time, the U.S. ethanol industry will have the opportunity to compete for a portion of Japan's fuel blending market,» Emily Skor, head of Washington - based ethanol group Growth Energy, said in a statement.

Strong corporate earnings growth and global synchronous expansion have fueled the past two years» rally and that dynamic is still in place even if market valuations got stretched, says Wilson.

«I wouldn't be surprised if we do see the markets rebalance quicker than expected,» Yie said, noting that traders tend to look to future events to fuel their decisions.

«All things considered, the economy still appears to be on a solid footing, supported by a confident consumer sector — one with an optimism that is fueled by growing income and a strong labor market and is well positioned to spend more in the coming quarters,» said Jim Baird, chief investment officer for Plante Moran Financial Advisors.

Tax cuts are coming closer to reality, adding fuel to the markets and stirring the animal spirits of business leaders who have said they will use their windfalls to build and expand.

Rising diesel fuel and shipping costs, however, have led Hato Potrero Farm to focus its efforts on the local Florida market for greater profits, he says.

«We value the opportunity to provide our customers two new authentic juice choices, rich in nutrients, that will help fuel them through their day,» says Natalie's Orchid Island Juice's Director of Marketing, Natalie Sexton.

«Since our beginning in 1967, Quick Chek continues to redefine the term «convenience» and remains the market leader in food service, fresh coffee, fast fuel and friendly people — something we call «fresh convenience,»» it says.

Factors such as population growth, growing demand for automation and machinery optimisation, as well as a rise in e-commerce is fuelling this development,» said Jorge Izquierdo, VP of Market Development at PMMI.

Mr. Awuah Darko said, after heeding to this request for months, their attention was drawn to the fact that, they were not an Oil Marketing Company (OMC) and so they could not supply fuel directly to the aforementioned institutions.

Speaking in an interview with Accra - based Class FM, IES Principal Researcher, Richmond Rockson, said aside the rising price of Gasoline and Gasoil on the international market, the depreciation of the cedi also means Ghanaians should expect to pay more when it comes to fuel prices.

But the NPA said, «The Authority encourages consumers and the media to check on the price board of retail stations to determine the true prices of fuel on the market and not rely on the data from any group of persons who purport to project fuel prices which always turns out to be poor and inaccurate.

He said the crisis had arisen out of the market system itself, blaming a combination of excessive lending fuelled by a lack of effective regulation, mainly in the US.

«To the point where competition among the Oil Marketing Companies remains high, market price for both Brent crude and refined oil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research Analyst.

The Association of Premix Distributing Oil Marketing Companies has also added its voice to calls for the arrest and prosecution of persons said to have diverted to other areas, premix fuel meant for fishermen across the country.

Jim Calvin, president of the New York Association of Convenience Stores, has previously said store owners want fewer minors to smoke but such legislation will only fuel the black market.

If the government failed to do so,» all offices, oil production centres, air and sea ports, fuel stations, markets, banks, amongst others will be shut down» from Monday 9 January, it said.

He said they would fizzle out now that the fuel markets had resumed operations, saying there was no victor and no vanquished at the end of the day.

The country is said to have lost about GHc 7 million in revenue following attempts by the Bulk Oil Storage and Transportation Company Limited (BOST) to sell contaminated fuel to some oil marketing companies.

Technological innovations have dropped the price of wind and solar in some markets to be not only competitive with traditional fossil fuel power generation, but sometimes less expensive, said Malcolm Woolf, senior vice president of policy and government affairs for Advanced Energy Economy.

Segal said he disagrees that new coal - fired generation will become obsolete due to market forces alone, citing utilities» interest in maintaining a diverse fuel mix to hedge against price fluctuations.

The lag «has more to do with the fact that the energy landscape has changed so substantially and that the market is working to catch up,» said Kathryn Clay, executive director of the Drive Natural Gas Alliance, a group representing the natural gas industry that lobbied hard for credits under the new fuel economy rule.

If station developers and others take a more performance - based approach, he said, more existing fueling facilities will be able to integrate hydrogen systems and support the developing fuel - cell electric vehicle market.

«Vertimass is very pleased to be partnering with ORNL to commercialize this revolutionary technology that can broaden the market for alternative fuels,» said Vertimass chairman William Shopoff.

But by putting the targets into law and mandating a set of regulations — including requiring 35 percent of the country's electricity to come from clean sources by 2024; establishing a voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest carbon polluting sectors to report their emissions — they said the results could be groundbreaking.

The fuel could be delivered to the depots by relatively small rockets — a process that advocates say would provide a market to stimulate commercial development of new and perhaps cheaper launch vehicles.

«There is a realization that a diversified suite of renewable energy resources will displace fossil fuel,» said Monty Worthington, who is directing a tidal energy project in Alaska for the Maine - based Ocean Renewable Power Co. «To establish a place in the emerging marine renewable market, the time for [U.S.] investment is now.»

Should the market demands for hydrogen fuel increase with the introduction of fuel cell electric vehicles, the U.S. will need to produce and store large amounts of cost - effective hydrogen from domestic energy sources, such as natural gas, solar and wind, said Daniel Dedrick, Sandia hydrogen program manager.