Sentences with phrase «takes more crude oil»
This is due to the fact that it takes more crude oil to create a gallon of diesel than it does gasoline.
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With more than 100,000 Hudson Valley residents dependent on the Hudson River for drinking water, Riverkeeper has urged community leaders in Dutchess County, Poughkeepsie, Hyde Park, Rhinebeck, Highland and Port Ewen to understand the risks posed by crude oil transport on the Hudson River, and actions they can take to protect their drinking water supplies.
The bill taking shape could also make it more difficult for us to enhance the safety of rail cars carrying crude oil.
This strategy becomes more selective, taking less trades and has a lower drawdown and is the strategy that we use for Cobra Crude Oil in our portfolios.
Environmentalists argue that the U.S. president needs to take a stand against further development of tar sands oil, which is more carbon - intensive than conventional crude oil, and will put the world on what they call an unsustainable energy path.
I start (and started) from the premise that the dramatic decline in crude oil prices that took place from August, 2014 ($ 96 / barrel), to March, 2015 ($ 44 / barrel), was due — on the one hand — to decreased demand, a function of slow economic growth in Asia, Europe, and elsewhere, endogenous, price - driven technological change leading to greater fuel efficiency, and policy - driven technological change that also has been leading to greater fuel efficiency, such as more stringent Corporate Average Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturing).
Fossil fuels such as crude oil and bituminous coal can take more than a million years to form.
Alberta's tar sand reserves are now estimated to contain more than 175 billion barrels of crude oil, but to get to the huge reserves, excavators must remove the topsoil and then take out the underlying tar sands by lifted them into dump trucks.