To the contrary, I believe when oil prices break out it will be to the upside.
Another proposal involves revoking a tax break for oil firms, with the proceeds going to fund research into alternative energy.
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But the way they say it, it makes it sound like there is a special break for oil companies that it really doesn't have.
But it concludes that the oil is continuing to break up and disperse underneath the surface, making the emergency of a major oxygen-poor dead zone unlikely.
He supports repealing the tax break for oil companies and he's tried to paint McCain as a candidate who is "in the pocket" of big oil corporations.
The UK government in September unveiled a tax break for oil and gas companies in a bid to reverse a decline in exploration and production in an industry which employs more than 300, 000 people.
Chakrabarty, a 1979 decision upholding a patent on bacteria that had been genetically modified to break down crude oil.
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Many oil companies do not even break down their results by country.
What is becoming clearer with time is that the chemical dispersants typically used in clean-up efforts to break masses of oil up into small droplets does more harm than good.
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Her biggest break came in oil.
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The fact that one deal, or an oil find, can make or break an independent gives the bosses of these firms a strong incentive to get things right.
With more research and incentives, we can break our dependence on oil with biofuels and become the first country to have a million electric vehicles on the road by 2015.
With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have 1 million electric vehicles on the road by 2015.
These companies are putting Americans to work and helping break our dependence on foreign oil.
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Attempts to burn its fuel oil failed, even causing it to break in two.
These companies are putting folks back to work and they're helping us break our dependence on foreign oil.
Other firms are working on ways to break up the cells of oil-rich algae to get at the oil.
The biggest problem for this generation and the next generation is for the U.S. to break the addiction to foreign oil and not destroy the planet with hydrocarbons.
Our investments in clean energy that are helping to break our dependence on foreign oil and are creating jobs here in Ohio would be cut by nearly a fifth.
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Yes, it will take a decade or more to build and mature this electric vehicle infrastructure, but there is at long last a path to break our dependence on foreign oil.
He said numerous times he had proposed to close that special tax break and loophole for the oil and gas industry back in 1985 when he thought at the time that the need for that subsidization of the oil and gas industry had run its course.
And since I know that the other side in Congress have promised they'll never raise taxes as long as they live, this is a good time to keep that promise when it comes to businesses that are putting Americans to work and helping break our dependence on foreign oil. (Applause.) So we should extend these tax credits.
However if this were to break down, the path of oil price is more important to Russia than the level of the US dollar.
During fracking, large volumes of water, along with sand and hazardous chemicals, are injected into the ground to break rock apart and free the oil and gas.
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.
The volume of oil -- and the amount of chemical dispersants used to break it up -- have created concerns about the long-term health of the Gulf.
The tepid supply forecasts for non-OPEC oil producers in 2013 are not strong enough to represent any break in the fundamentals that would be unmanageable for OPEC to chip in and cover.
However, the underlying fundamentals of the U.S. economy have undoubtedly strengthened considerably over the last year, interest rates remains extremely low, and crude oil prices are falling just in time for summer (a break for consumers budgets).
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