Sentences with phrase «worldwide demand for oil»

«[F] racking is not economic at current gas prices, worldwide demand for oil is down and the cost of coal retrofits is prohibitive.

Not exact matches

Environmental advocates have lately been arguing the numbers don't really add up for more pipelines, based on slower growth in Asia and worldwide trends bending the curve downward on oil demand.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

«Consider that cars on average are in operation for only about an hour each day, but they account for 45 % of global oil demand and, on average, 3,500 daily deaths worldwide.»

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

Fungible means that prices are set by worldwide supply and demand, so the United States producing more oil in 2013 may not do a thing for gasoline prices in the United States.

A truth that floated to the surface during the BP energy company's Deepwater disaster in the Gulf of Mexico, along with hundreds of millions of liters of oil, is that the world does not have a ready replacement for conventional forms of fuel such as crude oil and likely will not have one for some time, particularly as demand for energy grows worldwide.

The onset of the global recession in the fall of 2008 and the resulting decrease in worldwide demand for hydrocarbons caused many oil and natural gas companies to curtail capital spending for exploration and development.

Moreover, as the demand for oil worldwide grows rapidly over the longer term, even as the rate of new discoveries is falling, it is increasingly obvious that the roller coaster is headed for a crash.

A large culprit behind Indonesia's rapid deforestation is the growing worldwide demand for palm oil.

Its economy to a large extent depends on worldwide demand for those resources - oil alone accounts for 40 % of all exports.

Oil palms have become a hugely successful crop, thanks to increasing worldwide demand, though it is also a highly controversial crop due to the vast tropical deforestation that occurs in order to make room for palm plantations.

With a presence in 13 countries worldwide, we recognise the global demand for trained professionals and highly skilled staff across the Oil & Gas sector.