Sentences with phrase «unless oil prices spike»
The analysis found, somewhat surprisingly, that only proceeding with lower cost, less carbon - intensive projects needed to satisfy demand in a carbon - constrained world will add over $ 100 billion to the value of the world's seven oil majors, unless oil prices spike beyond $ 100 a barrel for a sustained period of time — well over OPEC's long - term average assumption of around $ 80 a barrel.
https://www.carbontracker.org/ Not exact matches
Unless, as Michael Levi of the Council on Foreign Relations and The Post's Brad Plumer pointed out, America were to take the extraordinary step of removing itself from the world oil market entirely, which could lead to its own price spikes and ignite a trade war.