Porcelain is also used on the center wheel badges, the fuel filler cap, and the oil filler cap.
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Hess has become the latest large-cap oil company to announce plans to shed its refining and downstream business to focus on high-margin exploration and production.
In terms of containment right now, the top cap is drawing oil and gas to the surface to -- from the LMR -- the lower marine riser cap to the Enterprise.
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If they do not find oil, they can cap their outlays at the costs already sunk.
Equipment designed to cap any potential oil spill in case of a blow-out was damaged, work had to instantly stop.
In fact, the Obama Administration desperately tried and failed to increase oil and gas prices via cap and trade last year.
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For example the market cap of an oil firm is going up when investors expect a crisis in the Middle East.
The company said that on Friday it had collected 6, 077 barrels of oil after placing a containment cap over the leaking, mile-deep well.
And what I mean by that is we believe that the cap will work just fine in the containment, that through a couple of different areas, that cap will take oil to the surface as well as to the choke and kill lines.
Both of these provide super liquid and sector wide exposure to both mega cap energy companies and oil services companies.
They were objecting to oil exploration in the Arctic territory where they say an oil leak would be difficult to cap.
As I understand it, the dome now sits several hundred yards away from the active well, as they seek solutions for dealing with the hydrates that have formed inside the containment dome that have made what they had hoped would be something that could cap and vacuum the oil, make it -- that that would be successful.
Basically, in the past, Saudi Arabia maintained a sufficient cushion of spare capacity to put an effective cap on the price of oil.
The cooking oil companies thought that the informal price cap requested in November would be lifted, but the government renewed the request in early April.
Exxon Mobil is the largest oil company in the world, according to market cap.
So traditional oil, in the small- and mid-cap companies, is creating great opportunities for our clients.
In the meantime, some of the leaking oil is being piped to the surface from a cap over part of the well.
In the second property rights case, the state of Hawaii put a cap on the amount of rent that oil companies can charge their service stations.
In the months to come, expect the Obama Administration to demand the acquiescence of oil companies to a new and improved set of cap-and-trade carbon legislation.
In the process, Apache will leapfrog Occidental Petroleum ( see recent Forbes story on Oxy) to become the fourth-biggest U.S. oil company (by production, but not market cap) after ExxonMobil, Chevron and ConocoPhillips.
This demand comes after US Geological Survey research suggested up to 40, 000 barrels (1.7 million gallons) of oil a day may have been escaping before the cap was put on - doubling earlier estimates.
The stock has not enjoyed any of the upside that higher oil prices bring because the government owned entity has a cap on what it can charge for gasoline and diesel fuel.
And we're looking to increase production, as I said, so we can slowly close those vents and see how the containment cap is working and whether or not any oil is forced down by the pressure through the rubber seals, as we've talked about before.
In addition, the sealing cap will assist in the eventual killing of the oil.
Another commodity buy was the Oil Service HOLDRs, an ETF made up of 18 large-cap oilfield services companies.
Using ever fancier technologies, the oil business is drilling in deeper waters, more difficult terrain and even in the Arctic (which, as global warming melts the polar ice cap, will perversely become the next great prize in oil).
Like BP, which said Thursday it had finally stopped the oil leak in the Gulf of Mexico, Goldman Sachs has moved to cap its own public relations nightmare.
Say what you will about the Solyndra bankruptcy or the collapse of federal cap and trade legislation, clean tech is rapidly replacing crude oil as the greatest geopolitical prize on the planet.
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Anyone who has grilled a cherry tomato, roasted an ear of corn, sampled eggplant slices brushed with olive oil and cooked over an open flame or even broiled a simple mushroom cap can testify to the joys of grilling vegetables.
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