Any further escalation in Hamas-Israeli violence could drive oil prices higher and see fresh flight-to-safety buying of gold.
Any further escalation in that situation could drive oil prices higher and see fresh flight-to-safety buying of gold.
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The excited feeling that we are in a new era, which will drive oil prices perpetually higher, sounds a lot like the talk surrounding tech stocks seven years ago.
The greatest fear is that the winds turn and drive the oil towards Louisiana's ecologically rich marshlands.
Two things drive the oil market: the price targets set by the big bulge bracket banks, namely Goldman Sachs, and China.
World media speculation on the reasons behind the flare-up between Iran and Britain ranges from a conspiracy to drive up oil prices, to a manifestation of in-fighting among the Iranian political elite.
If sustained over more than a few weeks, the scramble to replace large volumes of Persian Gulf and Caspian oil would drive up the price of oil, and gasoline, to unprecedented heights.
But will they also drive up world oil prices, allowing Iran to earn the same amount of money on smaller volumes?
The deadly logic of addiction -- the drive to acquire oil at all costs -- is experienced with particular ferocity in the oil-producing states of the equatorial region and global south.
The argument du jour is that speculators are driving up oil futures prices, and these higher futures prices in turn drive up prices of oil for current delivery.
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Some people are saying that we should be selling oil to reduce our budget deficit and (perhaps) drive down the price of oil.
Because Soros couldn't see any inflation that might drive gold higher, oil had to fall.
Because Soros could not see any inflation that might drive gold higher, oil had to fall.
Whoever becomes president after November 6th can, with the stroke of a pen, drive the price of oil down.
While China is investing heavily now in green tech, it is still consuming ever larger amounts of coal and oil to drive its economic growth.
If all of them started to telecommute instead of drive to work, oil imports would drop by over a quarter, and carbon emissions would fall by 67m metric tonnes a year.
Oil producers would seem to be the ones most likely to sell oil and drive prices down, but some of them also have access to physical supplies, key to any real manipulation.
The need to drill for oil in 5000 feet of water and 20, 000 feet below the ocean floor is a dramatic illustration of how the low hanging fruit are long gone and the lengths to which our addiction to oil will drive us.
He assumes much higher oil prices will drive down the overall cost of ownership of electric vehicles.
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New regulations and drilling restrictions will raise the cost of offshore production which will drive up the cost of oil.
Oil and gas drive the Houston economy and are responsible for 50% of the jobs related to the export of goods and services outside the area.
If Arab governments wanted to help fellow Muslims in Chechnya, an opening of the oil taps could drive down prices and thus help empty Russia's war chest too.
While abiding by IMF-crafted pro-cyclical policies which included cutting spending, poverty and unemployment soared as the recession deepened. (Read Weakening Euro And Oil Stock Piles Drive Dollar Higher).
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But it won't work, says Fair, because the falling dollar eventually will increase inflation (Saudi Arabia will demand more dollars for its oil) and drive up interest rates and therefore the cost of servicing the debt.
Such gratitude is not, of course, due the Saudis - who, we are endlessly told, are among our most reliable "friends" in the Middle East - because they are working to drive down the price of oil set by the OPEC racketeers' cartel.
For travellers who drive more than fly, lower oil prices should also help keep trip costs in check.
Lichtblau, chief executive of the Petroleum Industry Research Foundation in New York, agrees that Chinese demand is helping to drive up the price of crude oil worldwide.
Growing demand from China and India, as well as renewed economic vigor in the U.S. and Europe, are helping to drive prices of industrial inputs like oil and steel substantially higher.
So tonight, I propose we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good.
Nevertheless, conventional hybrids are still locked into the oil economy, with a drive shaft directly connected to a gasoline engine.
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