China and the United States in particular are awash with liquidity and thirsty for petroleum.
Increased Japanese energy purchases will come at a time when demand for petroleum will be on an upward path.
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He believes the public will get ever more fed up paying for petroleum and sending dollars overseas, and ever more comfortable buying and driving electric vehicles.
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My only association with a past interim government was when I served as minister for petroleum and natural resources in the caretaker government from November 1996 to February 1997.
On the Senate's legislative calendar this week is a bill to repeal tax incentives for oil companies, punish companies for reaping "windfall profits" and subject the Organization for Petroleum Exporting Countries to U.S. anti-trust law.
Suffice it to say, oil companies are in no danger of being over taxed and if they would invest in more refining capacity for heavy and sour crudes, the supply and demand for petroleum would stablize, at least over the next period.
Certainly, greenhouse gas emissions are not the only consideration to be borne in mind in choosing a particular biofuel, and there is the matter of production-costs and the feasibility of making the fuel on the large scale, if any significant substitution for petroleum-derived fuels is to prove practical.
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Mr Huffman, chief technology officer for Fusion Petroleum Technologies Inc, was called to the trial by the plaintiffs.
But overall, to me, the situation seems extremely bullish for the petroleum price.
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Before joining Amyris, Melo was president of U.S. fuels operations for British Petroleum.
"This is an exciting period for Faroe Petroleum with three high-impact exploration wells drilling at the same time, " he said.
In contrast, when the palm is grown on previously cleared land, its emissions are around one fifth that for conventional petroleum-derived diesel.
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Aabar Investments is an investment vehicle for International Petroleum Investment Co.
In reducing dependence on coal and natural gas for power and heating, and petroleum for transportation, biofuels have proved to be much less promising than advertised.
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Demand growth for subsidized petroleum compounds from an ever-larger base.
Lloyd's of London recently told the Financial Times that it would cut its cover for refined petroleum shipments to Iran if America's Congress carries through its plans to enact sanctions on such trade.
The White House has argued that crude oil, despite its high price, is plentiful, and that gas prices and prices for other petroleum products are high because domestic producers cannot refine their crude supplies quickly enough.
In 1978 an explosion at the Hackberry, La. complex that holds oil for the Strategic Petroleum Reserve killed one worker and burned for days with a fireball that billowed dozens of feet in the air.
"If you're disclosing and the other guy doesn't have to, you're not really on a level playing field, " says Chris Joyner, a spokesman for the American Petroleum Institute (API), an industry group for oil and natural gas companies.
The other would carry about 193, 000 barrels of condensate daily to Alberta where it is used to thin petroleum for pipeline shipping.
The markets for coal and petroleum products are to be partially deregulated.
British Petroleum for example, states clearly that no executive can exercise options until his shareholding is equivalent to at least five times his annual salary.
"We're very confident that what is happening is a normal reaction to a market system, " Edward Murphy, a senior manager for the American Petroleum Institute, told CNN on Friday.
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As for the Strategic Petroleum Reserve, as was the case back when we had this discussion I think almost a year ago, we never take options off the table.
"There is so much energy in the ground that we can access, that it's coming into more people's backyards than ever before, " said Julia Bell, a spokeswoman for the Independent Petroleum Association of America.
The United States is divided into five Petroleum Administration for Defense Districts (PADDs).
Every manufacturing-input cost rose, from electricity to petroleum (for plastics) to metals to wages.
Input prices continued to rise, particularly for fuel, other petroleum-based materials, metals, food, and chemicals.
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