Russia's finances have eased lately because higher world oil prices make its oil exports worth more.
"It needs oil to make the fertilizer, oil for the farm, oil for the food processing, oil for the packaging and oil to transport it to the shops, " he added.
Only a small shift in national energy policy to favor natural gas over oil would make this play even more attractive as cars shift to natural gas from oil as their primary fuel.
The digitalisation of oil production will make far more oil recoverable from any field.
All they know is that low oil prices make potential investment projects more profitable.
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He points out that it takes natural gas and oil to make and deliver fertilizers and herbicides.
Regarding the United States, the falling price of oil will make him more dependent on the U.S. market.
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No matter how high the price goes, the oil majors cannot make a profit from oil they do not produce.
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Sudan said it confiscated the oil to make up for unpaid fees.
Look for the precious metals markets to react if either the dollar index or crude oil prices make a bigger move Friday.
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The government is also looking to tweak its taxation policy on oil to make technically challenging exploration more lucrative to foreign players.
There were even some small hints that the fish oil could make it worse, although this may simply have been the play of chance.
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Instead, the fishing industry processes them into fish meal and oil to make food pellets for salmon farming and livestock feed - especially for Danish pigs.
Iraq sits atop the world's fourth largest reserves of conventional crude, or about 143 billion barrels, and oil revenues make up 95 percent of the state budget.
European officials say an embargo would either contain a grace period to leave time for refiners to find replacements for Iranian oil or make exceptions for existing long-term supply deals.
In a country where oil revenues make up a good 85% of government income and where energy-industry reforms have repeatedly stalled, the choice of oil minister will also be crucial.
Meanwhile, by failing to impose the carbon tax that would present consumers with the real cost of energy, America rejects the best way to kick its own addiction to oil and make greater use of alternatives.
Parker is successful enough at making calls--his recommendations have a 28% excess return over his industry benchmark for the last three years ended last December--but he says that fluctuating oil prices make his industry a tough one to analyze.
These risks to the upside for oil prices make it likely that market participants will feel more comfortable taking long positions, or bets that prices will rise, than the opposite, said Glen Ward, head of retail derivatives at London Capital Group.
There are a lot of reasons this can happen: For instance, the big oil companies make money from refining and distributing as well as producing, and the investors in these stocks tend to push their price around in correlation with the aggregate stock market.
As for the investors, who have been hit for note repayments, they allege Rothschild knew Minoco was drilling in areas where there would be a high hit ratio but never enough oil to make the deals profitable, let alone repay the loans (FORBES, Nov. 19, 1984).
Today they shared the stage along with elected officials and others that have long been proponents of today's policy in celebrating something that I said -- as I said before, will reduce our dependence on foreign oil, make our planet cleaner, and is a win for everybody involved.
Over recent months, the yen's weakening by about 20 percent against the U.S. dollar has helped export manufacturers but also boosted the cost of purchases of LNG and crude oil to make up for electricity shortfalls as all but two of Japan's nuclear power plants are operating following the March 2011 Fukushima Dai-Ichi plant disaster.
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.
If you look at across the whole life cycle of growing corn, making ethanol and burning it in a car, and compare that to what happens when you find oil and make gasoline and burn it in a car, you only have about 15 percent less greenhouse gas going into the air from burning ethanol than you would if you're burning gasoline.
Just as gasoline produces very little profit at a gas station, express oil change businesses make very little money on the oil change.
Robert's American Gourmet now performs a series of tests to make sure cheese and oil don't make its Booty too fatty.
Tightening or loosing the availability of capital, which the Federal Reserve has power over, will not change the balance of oil production to refinery capacity or make the oil producing nations politically stable.
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"High oil prices are going to make people use less oil, pure and simple, " Pizer says.
Soya beans and corn make oil and animal feed, as well as ethanol, to some controversy.
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