Sentences with phrase «world oil prices»

This shift has resulted in increased output and lowered world oil prices by about 70 % in the last year or two.

The impact of energy and climate policies depends on the underlying world oil prices from now to 2030.

So, Canadians are both paying higher gas prices as a result of higher world oil prices and getting less for their oil production as a result of the depressed regional oil prices in the Midwest.

As anticipated, the recent moderation of world oil prices resulted in a fall in fuel prices of almost 10 per cent in the June quarter.

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

Professor Lyons explores what the future may hold for transportation given a series of uncertainties such as falling world oil prices, extreme weather events and global security.

Against three - digit world oil prices, these costs may seem competitive, but a look at some historical figures reveals why investors may remain nervous about oilsands cost inflation.

This trend has reversed in recent weeks, with larger discounts applied to global and Canadian heavy crude leading to bitumen prices remaining low while world oil prices have gained some of the lost ground.

Oil and gas account for 40 % of Norway's total exports and up to 16 % of GDP, depending on world oil prices.

According to three new reports on «Promoting International Energy Security» issued by the RAND Corporation, because the energy purchases made by the US Department of Defense are not large enough to influence world oil prices — despite DoD requiring considerable amounts of fuel to function — cutting fuel use is the only effective choice... Read more →

The practice of imposing fuel surcharges blossomed around 2004 when world oil prices spiked.

As world oil prices increase, the oilsands become more valuable and, all else equal would generate much higher returns.

World oil prices hit recently their highest level in over two years.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

While world oil prices begin to recover and people have the opportunity to go back to work in the oil and gas sector, Canadians are left on the sidelines watching while investment finds prosperity in other jurisdictions, taking employment opportunities with it.

The steady drop of world oil prices which currently averages $ 44 / litre from previous levels of around $ 46.35 / litre is believed to be largely responsible for the current marginal reductions across most pumps in the country.

Suppose there are in fact 50 BILLION barrels of oil offsure that could be brought to market at present high world oil prices without any pollution.

World oil prices remain high, but consumption of petroleum and other liquids continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand.

This North American oil is displacing millions of barrels of annual US oil imports from some of the least savory countries on Earth, while adding billions of barrels a year to planetary petroleum production, and thereby keeping world oil prices lower than they would otherwise be.

«The extensive network of pipelines, shipping and other options for transporting oil around the world means that a single world oil price prevails,» the CBO pointed out.

... Expectations of growing U.S. crude supplies sent world oil prices sliding to a new four - year low and is turning up the heat on OPEC members to cut production when they meet later this month.

Although liquid fuels — mostly petroleum - based — remain the largest source of energy, the liquids share of world marketed energy consumption falls from 34 % in 2010 to 28 % in 2040, as projected high world oil prices lead many energy users to switch away from liquid fuels when feasible.

Campbell: World oil prices reached their peak on July 1, 2008, which happened to be the same date the revenue - neutral carbon tax was introduced, so people tended to blame the carbon tax for gas prices that were through the roof.

The dizzying ascent in world oil prices threatens to turn the good times into bad for the U.S. economy — and our housing markets could get caught in the middle as policy bodies attempt to keep the oil situation in check.

As the country's oil - dominated trade flows have tied the value of the Loonie to triple - digit world oil prices, the resulting strength of the currency has turned into a curse for exporters in general and Ontario's factories in particular.

According to three new reports on «Promoting International Energy Security» issued by the RAND Corporation, because the energy purchases made by the US Department of Defense are not large enough to influence world oil prices — despite DoD requiring considerable amounts of fuel to function — cutting fuel use is the only effective choice... Read more →

If, however, the underlying world oil prices are below $ 90 per barrel during the next two decades, then none of the policy scenarios modeled achieves the desired targets for annual U.S. CO2 emissions.

Generally, the increased supply of shale oil in the United States would have resulted in lowering world oil prices; but global events in oil markets have restricted production in several oil - producing nations.

Their efforts have now resulted in the fall of world oil prices and US natural gas prices.

The November Statement identified the pick - up in world oil prices in the second half of 2004 as the major risk to the inflation outlook, and the higher level of oil prices did contribute to the upstream inflationary pressures in producer prices in the December quarter.

That said, reducing emissions by blocking the pipeline would likely be far more costly (primarily in terms of higher world oil prices but also, potentially, in terms of reduced Bakken production) than almost any other emissions - cutting approach that serious people contemplate.

«They may really just be chasing the temporary drop in world oil prices.

It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.

This causes it to trade at a discount to world oil prices, giving those refiners fatter margins and U.S. consumers a bit of relief at the pump.

The future viability of oil sands projects depends not just on your view of world oil prices — it depends just as much on how these factors evolve, in particular discounts to Canadian heavy products and the Canadian dollar.

From July to December, the story was one of oil sands bucking the trend, to a point — while global oil prices dropped, discounts applied to Canadian heavy oil dropped as did the costs of the diluent used to ship oil sands products via pipeline, and so the value of oil sands bitumen declined by less than world oil prices.

Meanwhile, pipeline bottlenecks are keeping western Canadian crude trading at roughly half the world oil price.

The proponents designed their plants assuming they could use a formula tied to world oil prices, but the buyers are demanding one tied to cheap North American gas prices.

The oil production sector in Alberta is now facing lower world oil prices and significant uncertainty as to how the future will unfold.

Chinese power prices have gone up as little as 1/10 as the rise in world oil prices.

If you've got a bitumen project, and you're buying diluent and selling diluted bitumen, you had a really tough year in 2012 - 2013, at least relative to world oil prices.