This may be surprising to those conditioned to expect miserable poverty except where oil has enriched a few.
Except for oil, most sensitive commodity prices have risen only slightly after years of decline, the dollar remains strong, real short-term interest rates are near historical norms, and productivity growth has accelerated in recent quarters.
Despite this looming deficit and the glaring price signal, all the big companies except Total produced less oil and gas in the third quarter than they did in the same period last year.
ECONOMIST: Rising oil price equals rising profits, right? Wrong
Edwin Drake had no obvious qualifications to run the Seneca Oil Company except for two: as a retired railroad conductor, he could travel by train with a free pass, and--in what is required for the head of any start-up--he was very persistent by nature, indeed downright stubborn.
Though its 3.96 million barrels of net oil equivalent per day still puts it well ahead of all publicly traded oil giant except the freshly expanded Rosneft, the slip shows just how hard it is for a giant to keep replacing declining output, let alone grab some growth.
Commodity prices, a barometer of excessive money creation, are depressed, except for OPEC-manipulated oil.
Except for the occasional small oil and gas find in its early years, Israel has searched in vain for energy.
Perfectly possible, say oil experts, except that not enough is being invested to maintain old fields, and decisions on the new ones are being taken too slowly.
The National Laboratories have looked into the emissions equation and everywhere except NY the Volt save very significant oil and in most of the country significantly reduces emissions.
The boom has all the standard features of an oil-price shock, except that, compared with the more familiar cases of 1973-74 and 1979-80, and the not-so-noticed case of 1990-91, this one happened in reverse.
Foreign-flagged vessels are not required to carry plans for oil spill response or salvage, except for ports where they intend to dock.
This, together with restrictive labour regulations, means that there is little non-oil foreign direct investment in Iran, except for pilot projects in the free-trade zones.
Except for the half-gallon of gas and the chain oil, but I'm fixin' to make the thing run on plum brandy.
Oil producers in the region stoke emissions by subsidising petrol: it is cheaper in Venezuela than anywhere except Kuwait.
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