But even then: Perhaps with improved fuel efficiency we can just keep stretching oil company profits out longer and longer as the world's finite
supplies of oil start really dwindling down and prices just rise.
Despite all evidence to the contrary — namely, that world
supplies of oil have not budged for some time even as prices have skyrocketed — Yergin argues in Saturday's Wall Street Journal that more and more oil will be available until «perhaps sometime around midcentury» at which point supply will hit a «plateau.»
For clean energy to out - compete
all supplies of oil on price alone, they can't just get below the current price of oil — they will have to get below the lowest - cost oil supplies, which are very cheap.
It is now widely agreed that our current food and farming system is unsustainable, based, - as it is - on finite
supplies of oil, the use of which contributes to climate change.
We have enormous remaining
supplies of oil, gas, and coal because the technology of exploration and extraction has advanced along with solar and wind technology.
If and when peak oil and peak gas are in sight, this may stimulate the biofuel market, which currently is not well motivated given today's plentiful
supplies of oil and gas.
The United States has generally relied on market forces to determine the nation's energy portfolio, primarily conventional
supplies of oil, natural gas, coal, and nuclear energy.
Supplies of oil, natural gas, coal, and nuclear feedstocks are being stretched to the limit.
The new Western
supplies of oil and gas are a reprieve of sorts, a one - time chance to get our house in order before the coming decades of climate stress and strife.
[UPDATE] After visiting various research buildings, he gave a pep talk on the energy revolution he said was vital if the United States and the world are to avoid conflicts over limited
supplies of oil and eventual disruptive impacts from human - caused global warming.
The curatores annonae were in charge of the public
supplies of oil and corn.
It can supplement our dwindling
supplies of oil.
Drilling for unconventional
supplies of oil and natural gas has prompted the EPA to plan to regulate its air pollution
The report - Oil: The Coming Supply Crunch - was conceived by thinktank Chatham House, and argues world
supplies of oil will be severely restricted within five to ten years.
Chatham House - which seeks to promote the understanding of major international issues and current affairs - finds investment in new
supplies of oil has been and will be inadequate.
Rather, there are known
supplies of oil, coal and other natural resources whose quantities tend to expand as their prices rise, making it more profitable to explore for new deposits.
The world clearly needs to add new
supplies of oil over the coming few years.
U.S. crude oil production is at a record high but
supplies of oil keep falling.
Unconventional
supplies of oil and gas are increasing around the world, countries like Iran and Mexico are reviving production, and alternative energy sources are becoming more viable.
Diplomats have said the UN Security Council could now consider banning Pyongyang's textile exports and the North's national airline, stop
supplies of oil to the government and military, prevent North Koreans from working abroad and add top officials to a blacklist to subject them to an asset freeze and travel ban.
We are among the limited number of countries with plentiful
supplies of oil.
Venezuela is the fourth biggest
supplier of oil to the United States.
That could cut off a major
supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.
The fresh
supply of oil will damp the recent price increase.
It would be the second weekly decline since the nation's
supply of oil reached a record 399.4 million barrels as of April 25.
Canada is now the 6th largest oil producer in the world and the largest foreign
supplier of oil to the USA.
Maduro's administration has pointedly claimed that the people who will be hurt most by the sanctions aimed at stymieing the nation's ballooning debt will be shareholders in the U.S. Indeed, there is outcry that the potential banning of oil imports from Venezuela — the 3rd biggest
supplier of oil to the U.S. behind Canada and Saudi Arabia — will dramatically drive up gasoline prices and hurt the U.S. job market.
So, in order to hedge against that risk,
a supplier of oil may wish to gain some insulation from the price swings inherent to oil and sell a futures contract.
A recovery scheme centered on its vast
supply of oil is only natural.
An over-abundant
supply of oil, for example, could lead to a decrease in oil prices.
Historically, the hurricane season in August / September has shut down
the supply of oil offshore, leading to a peak in relative price around this time.
We worry that
the supply of oil on which our industrial civilization is based will be largely depleted within twenty or thirty years.
Nigeria's economy, despite its substantial oil production (it is the fourth - leading
supplier of oil to the U.S.), declined precipitously in the 1980s: at the beginning of that decade a naira was worth more than a dollar, while today's going rate values the naira at less than a dime.
After this battle, a one - day
supply of oil remained.
Elastec, an established
supplier of oil clean - up equipment based in Carmi, Illinois, won the competition with a system that overcame this problem by cutting groove patterns into the sides of the discs to increase the surface area.
The crop in tropical countries fluctuates wildly, and Calgene expects buyers will order a small but dependable
supply of oil to hedge against possible shortages.
Only one of them cost me a championship... There were mitigating circumstances in the latter instance, like an unlimited
supply of oil on the road which I was the first to find - but nevertheless, it's as well to be prepared.
A continued high
supply of oil worldwide, with more than enough crude oil being produced both in the U.S. and overseas for prices to fall drastically.
Also derived from motorsport is the oil supply principle, which uses a separate engine oil tank, fully variable oil pressure pump and an additional
supply of oil via the crankshaft.
Dry sump lubrication provides an efficient
supply of oil to all parts of the engine.
Each camshaft is equipped with a VVT solenoid, which is capable of altering
the supply of oil pressure to the camshaft depending on the speed and load of the engine.
This is partially due to customer demand and government regulations, but it is also due to the dwindling
supply of oil.
The integrated dry - sump lubrication of the V6 petrol engines guarantees a reliable
supply of oil in all driving situations.
To that end, a cylinder block rapid warm - up system suppresses the flow of coolant into the block when the engine is cold, and a piston cooling oil jet control system cuts
the supply of oil to the pistons to improve warm - up speeds.
Dry sump lubrication ensures that the hi - tech power unit has a constant
supply of oil, even under heavy lateral acceleration.
It is important to get a fresh
supply of oil regularly to maintain protection for your engine.
Marissa's husband, Bobby Okari, is the charismatic leader of a freedom movement in the volatile west African nation of Luandia, which is being torn apart by the world's craving for its vast
supply of oil.
The petrochemical industry is benefitting form increased
supply of oil and gas.
That should help reduce
the supply of oil and stabilize prices.
By some estimates, Canada has the third largest
supply of oil in the world.