Meanwhile, is the plunge in the price of oil an ominous sign for the stock market?
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In 1993 Nigerian President Ibrahim Babangida awarded her company, Famfa Oil, an oil prospecting license which went on to become OML 127, one of Nigeria's most prolific oil blocks.
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Which it is of course: we think that cleaning up an oil spill adds value so cleaning up an oil spill does add value.
"I once told an oil company executive I represented, 'The fact is you represent an oil company and nobody likes you, '" says Dezenhall.
For example, an indirect investment in oil by buying equities in an oil company could expose one to various operational or regulatory risks.
Using his country's oil money and an oil price over seventy dollars per barrel, the first step is to build strong support within Latin America.
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Despite narrowly escaping capture and suffering a leg wound during a shootout with the Gestapo, he provided key information on an oil refinery and an underground V-1 rocket factory.
Israeli airstrikes against a Lebanese oil refinery created an oil slick that has polluted some 80 miles of Mediterranean coastline, leaving the filthy beaches deserted at the height of the tourist season.
Having your oil changed at an express oil change business is cheaper than at the dealership, but say no to the extras.
She started as a secretary at an investment bank in the 1970s, launched a fashion label for upscale clientele in the 1980s and her Famfa Oil company was awarded an oil prospecting license in 1993.
Investor cans bypass both company risk and commodities futures trading costs by purchasing U.S. Oil, an exchange-traded fund that tracks the price of oil futures.
This is oil on an outlandish scale--if true this would effectively double America's current total proved oil reserves.
What if we increased the price of oil with an increase in gas taxes by two cents a gallon each and every month until the demand for oil dropped to the point where we did not need foreign oil?
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Another argument for an oil price decline revolves around an unwinding of speculation.
Hanging in Robert Johnson's den at home is an oil from the 1930s by an African-American artist named Palmer Hayden.
When a Cirrus owner unwittingly breaks an oil dipstick or scuffs up an aileron gap seal, photographs accompany the offense.
He pulls out a chart showing the price of credit default swaps on Glencore (a Swiss firm and the biggest oil trader not part of an oil company).
From an economic perspective, the recent discoveries of abundant domestic shale oil and gas supplies may help us avoid the likelihood of an oil shock and buy us the breathing ground to plan for a more gradual transition to a more efficient post-fossil world.
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As a result, the supply of crude oil hit an all-time record high last year.
For owners who accept the offer, the replacement oil contains an additive from BG Products Inc.
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After a gentle toss, the juices mingle with the oil and an effortless, finger-licking vinaigrette emerges.
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But is being perceived as a French oil company an advantage in Arab or African countries?
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The volatility in oil presents an abundance of opportunities both on the long and the short side.
As OPEC cuts output and oil companies shelve expansion programs, an oil shortage is coming, says Matthew Simmons.
The bullish near-term technical posture in crude oil is an underlying supportive underlying element for the precious metals.
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Forty years later, however, the reality remains that oil is an integral part of daily life and the dominant energy source.
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Increased diversification of their economies away from oil is an obvious solution but one that is hard to achieve in practice.
An ultimate peak in oil production is an inevitable consequence of a finite resource, and the gap will be sharply enlarged when it transpires.
Another restraint on producing large quantities of algae is that its cell walls are difficult to break, making extraction of the oil inside an energy intensive process.
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