It's this kind of talk, treating art as if it were an oil future, that makes purists in the art world cringe.
Crude-oil-future prices rose about 1% on the news of Greenspan's remarks.
King Hubbard, associate director of the Exploration and Production Research Division at Shell Oil Company, quantitatively mapped the future of oil production.
Halliburton reported a strong quarter to beat analyst estimates with earnings of 53 cents per share, and even though costs associated with the BP Gulf oil spill could have an impact in the future the oil and gas services firm saw its shares up 3.5%.
The scramble to secure oil supplies now and into the future has contributed to the sharp increase in the price of oil on both the spot market and for future delivery.
But what seems important to me is that the people responsible for forecasting the future price of oil seem decidedly more bullish on its future course.
But there is hope - both for Guernsey and for future oil spill clean up campaigns.
When the cash runs out, the powers-that-be take out short-term, high-interest loans, guaranteed against future oil production.
In return, Beijing gets a big stake in future oil production and a guaranteed oil and gas supply.
Preferring secretive loans from banks, it is borrowing privately at high rates of interest against future oil revenues.
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What are the lessons learned and steps taken to prevent future oil spills and improve responses to the spills that inevitably will occur?
Uncertainties about the future course of pivotal Persian Gulf states like Iran and Saudi Arabia are exacerbating concerns about future oil shocks and their economic consequences.
So there were legislations put in place, hard fought legislations, to, for example, reserve some of the oil revenues for future generations, a future generations fund.
Unless a law is passed, those fines -- which will likely amount to billions of dollars -- could instead be set aside for some future oil spill.
Unless the Canadian government accedes to his views, he seems ready to put the brakes on future oil sands development by curtailing Canadian access to its key export market.
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In addition, should the release be structured as a loan rather than an outright sale, effectively borrowing future oil today, market participants would perceive a more bullish forward balance.
Could it be more than coincidence that his position is strikingly similar to what Obama called for in his June 14 Oval Office speech on the Gulf oil spill and future energy actions?
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The IEA states in its most recent World Energy Outlook that there are many sources of uncertainty surrounding future oil supplies, but the size of the resource base is not one of them.
The Ghanaian Ministry of Finance uses SAP BusinessObjects enterprise performance management solutions to monitor and analyze payments and revenue flows from its hard minerals industry, as well as from future oil and gas production.
We need a clear agreed formula for dividing the revenue from current and future oil and gas fields, and we need to limit the number of provinces that could come together into one big powerful region.
Such collateral should be in the form of gold bullion not promises of future oil deliveries and the like, whose value is at best uncertain in view of the dilapidated condition of the Soviet energy and transportation sectors.
They successfully won a period of 71 days to start on May 13th to conduct a national debate on the energy reforms, as well as on how to spend future oil revenues and what type of relationship Pemex should have with foreign companies.
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Apparently out of a belief that oil prices will collapse in the near future, making the current gusher of oil industry profits a very short-lived phenomenon.
The future of oil sands is here: they are cost effective and their face is green.
Moreover, the oil industry's future may turn on two things where nimbleness may count for more than size.
Earlier today, the White House Natural Resources Committee voted to block BP from getting future offshore oil drilling leases.
For its part, India has declared an interest in securing a stake in future Russian oil and gas field developments.
The truth of the matter is that, no matter what we do, we are going to need oil for the foreseeable future.
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