Sentences with phrase «year cost of oil»

Oil changes are once per year (10K miles) for the Prius too, so the owner's four - year cost of oil is about $ 160, rounding up.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

Suncor Energy Inc., the world's second - largest oil - sands producer, said first - quarter profit fell 23 percent on lower output, higher costs and absence of a gain from insurance settlements a year earlier.

In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.

Moody's studied 37 oil and gas companies in Canada and the U.S., concluding that although the oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting much better financials this year, there is little room left for more progress.

That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.

Trump hosted a series of meetings with advocates for the corn and oil industries at the White House since late last year aimed at reforming biofuels regulations in a way that cuts costs for refiners without reducing overall biofuels demand.

Crude - by - rail shipments are expected to ramp up in the second half of this year and into the first half of next year to «very material volumes of oil,» Pourbaix said, adding price discounts will improve but will likely remain higher than usual because rail costs more than pipeline transport.

Just after the year 2000, Grantham maintains, the cost of oil inflected as finding new supplies became more challenging and expensive.

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»).

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

Recent lower oil prices have helped Morocco cut those costs and shrink its budget deficit from nearly 5 percent of gross domestic product in 2014 to 4.3 percent this year.

As I wrote in my blog over a year ago, («Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands floOil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands flows.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

That deal more than doubled Exxon's resource position to 6 billion BOE, giving it control of an extensive inventory of low - cost drilling locations that it can tap in the years ahead to grow output in an improving oil market.

He spoke of a five - year freeze in domestic spending, eliminating tax breaks for oil companies and reversing tax cuts for the wealthiest Americans, banning congressional earmarks, and reducing healthcare costs.

In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.

While Basic Energy Service reemerged from bankruptcy at the end of last year with a more sustainable cost structure and improved balance sheet, it needs higher oil prices to thrive, because those prices will drive customer demand for its services.

The new calendar year has witnessed a sharp improve in revenue downgrades from oil and fuel firms, which have been strike by the cost of Brent crude a lot more than halving from its peak of $ 115 a barrel in June.

In the years ahead, oil production will decline to remove excess capacity, prices will again rise above costs, energy company margins will recover, and market - level earnings will return to a normal rate of growth.

While some of the rise in inflation over the past year or so reflects increases in the price of oil and tax - related increases in the cost of insurance, house purchase and cigarettes and tobacco, the pick - up in inflation has been quite broadly based (Table 12).

And BP has been busy with litigation costs from the 2010 oil spill and maintaining its dividend, and will probably get around to energy - source diversification during year two or three of the next big oil spike.

Canadian oil is trading at a steep discount to it's American crude counterpart — costing the Saskatchewan government upwards of $ 150 million per year.

SINGAPORE, Oct 30 (Reuters)-- The outlook for oil and natural gas markets remains bleak for the rest of the year and much of 2016, meaning there will be no let up in pressure to control costs, executives from two European energy majors said.

State - owned oil companies in June last year dumped the 15 - year old practice of revising rates on 1st and 16th of every month and instead adopted a dynamic daily price revision to instantly reflect changes in cost.

Food is to double in cost by the end of this year and fuel oil is already more than a burden that most of us take until the end of summer to pay off to only start again.

The evidence attached exposes the reality that, although certain vegetable oils are needed to provide «Linoleic acid» and «alpha linolenic acid», the multinationals, over the years, have increased the use of vegetable oil blends only as a cost saving measure.

One could frame the debate in the advantages of using less fossil fuel, which range from lower costs to people (an all electric car has operating costs about 1/4 that of a gasoline vehicle), to balance of payments (less capital flowing out of the country, especially relevant to countries who import most of their oil), to terrorism (not funding it, and western influence leaving the ME, which is the basis of most ME terrorist organizations) to conflict in general (most of the major conflicts in the last 30 years have involved ME oil), to finite supply (when we run out, we'll be facing a global economic meltdown).

Multiple law enforcement and city and state consumer protection agencies jointly announced a broad - ranging indictment of nine fuel oil companies in a multi-year scheme to shortchange New York City residents, businesses and city agencies for the costs of heating oil to the tune of $ 18 million a year.

During his 2013 State of the State address, Governor Andrew Cuomo laid out his ChargeNY plan to invest $ 50 million over five years in electric vehicle infrastructure to reduce air pollution, lower the cost of government and reduce dependence on imported oil.

Even flooding old oil reservoirs with CO2 could prove too expensive to sustain in a world where oil costs $ 30 a barrel rather than the $ 120 a barrel of a few years back.

The outbreak could cost the region more than $ 225 million in olive oil production losses this year alone, and could threaten olive trees across Italy and all of Europe, substantially raising the price of oil worldwide.

For instance, even a light sheen of oil on sandpipers» wings makes it harder to fly, costing birds more energy, a different group of researchers reported earlier this year.

«This suggests that carbon dioxide storage with enhanced oil recovery can play a crucial role in the key early years of development when major cost reductions will occur due to technological learning.»

Wells cost about $ 9 million to complete and petroleum engineers expect a 30 - year to 45 - year flow of oil via lateral drilling in multiple directions.

The administrator could use the resulting lower climate benefits to justify stalling the rules on the grounds that the compliance costs to the industry over the two - year stay of the oil and gas rule outweigh the value of any reductions in methane, said Restrepo.

Research and development to advance coal, natural gas, oil, and other fossil energy technologies, which will help the country make greater use of our rich natural energy resources and help keep down energy costs, are funded at $ 635 million — a decrease of $ 33 million below the fiscal year 2017 enacted level and $ 355 million above the budget request.

Kerns noted that the jade roller doesn't necessarily contribute to the brand's overall sales volume as it is lower - priced than a typical Herbivore item — a facial oil can cost up to $ 88 — but it adds to unit volume, and the roller has consistently been one of the brand's top - five performing items since it launched last year.

This paper provides an overview of recent trends in light - duty vehicle fuel economy around the world, new projections, and a discussion of fuel economy technology opportunities and costs over the next 30 - 50 years - all in the context of recent IEA projections of global energy use (especially oil use) and CO2 emissions.

26/18 Highway / City MPGAwards: * 2015 IIHS Top Safety Pick * 2015 KBB.com 5 - Year Cost to Own AwardsLifetime Powertrain Plus - Lifetime Powertrain Warranty included for FREE -2 Years of Oil changes - Complimentary Paint Sealant - All vehicles go through a c

2015 Lincoln MKC Select 4D Sport Utility EcoBoost 2.0 L I4 GTDi DOHC Turbocharged VCT 6 - Speed Automatic AWD Silver26 / 19 Highway / City MPGAwards: * 2015 KBB.com 10 Best Luxury SUVs * 2015 KBB.com 10 Best Luxury Cars Under $ 35,000 * 2015 KBB.com 5 - Year Cost to Own AwardsLifetime Powertrain Plus - Lifetime Powertrain Warranty included for FREE -2 Years of Oil changes - Complimentary Paint Seal

I go in once a year for a checkup / oil change but have had no repair costs outside of that.

On top of these costs, the brake fluid has to be renewed after three years, then every two years (# 49), and four - wheel - drive Yetis need fresh transmission oil every three years (# 60).

Every car we sell comes with the first 2 years of oil changes at no cost to you!

And BP has been busy with litigation costs from the 2010 oil spill and maintaining its dividend, and will probably get around to energy - source diversification during year two or three of the next big oil spike.

An isolated oil price shock or two can be readily absorbed by other segments of the economy, but the type of steep, sustained rise in oil prices that we've seen in recent years becomes a cost factor that has to be passed on.

The marginal cost of production for a lot of crude oil that is shale related is around $ 50 / barrel, and that is where I think the market «equilibrium» will bounce around for a few years, until global growth picks up.

The much - battered energy sector retreated another 0.31 per cent and now is down about 30 per cent year to date in a sell - off that has lumped high - quality, low - cost producers with companies that are more vulnerable to low oil prices because of higher debt and production costs.

So your typical oil change that you get twice a year costs $ 200 because it's not just the oil change, of course the manufacturer recommends we do this, this and this.

For every $ 10 increase in a barrel of oil, it is estimated that the average consumer will pay an additional $ 400 per year in energy costs (gas, diesel, electricity, heating oil, etc.).