That is an issue. We do still expect the U.S. Consumer to slow down in the second half of the year, and oil prices can only contribute to that. But there is probably not enough to create significant economic weakness globally.
weakness create oil
There's a real push toward energy independence and a cleaner source of energy as people start to take global warming seriously and realize the true costs we have in this country of supplying our oil habit. People are willing to pay a premium as a way to do their part, as a way to help solve that problem.
independence people real true problem global start energy habit country part source oil realize
We don't mind the lay-off at all. It'll give us time to prepare for the Oil City game.
mind time game city oil give
The question is, why there on the border, when Indonesia has such huge abandoned, unproductive palm oil plantations or degraded forest areas across the country.
question country forest abandoned oil
Heating oil inventories are a far cry from what they should be at this time of year and (traders) don't think we're going to catch up in time for winter.
time cry winter oil
Nevada, Reno-Sparks in particular, is doing pretty darned well considering shocks to the system -- oil, gas, even our own bad weather.
system bad weather oil pretty
Bank of America is a recognized leader in the natural gas, power and oil markets.
power america natural leader oil
Our big worry now is whether refineries can get enough crude oil supply, and can refine enough, to keep the pipelines operating at 100 percent capacity the next few weeks.
worry big oil
I think it was idle speculation that drove Shell Canada up last week. I don't see Royal Dutch being willing to pay up. This is something they've evaluated every year for the last 15 years, so why in a 0 oil environment is there a desire to rush out and do this? It makes no sense.
environment sense desire canada oil dutch
Anybody who's spending that kind of dollars is doing it with some kind of knowledge base of heavy oil. That doesn't necessarily mean Canadian heavy oil, but they're likely in the Canadian heavy oil space already.
kind knowledge space canadian oil heavy
The wind resource in the United States is comparable to the oil resource in Saudi Arabia. It's a major strategic national resource we should be making every effort to develop.
effort wind oil strategic
A lot of what's really driving investments is the price of oil.
price oil driving
Make sure you go to a trusted source to buy your parts. If someone is selling you oil filters out of the back of a truck, they probably aren't the real thing.
real source oil selling thing
Jim and I go back a long way. I was 22 and working on an offshore oil rig, 14 days on and 14 days off, and I shared an apartment with Jim in New York. He was trying to make his way as a musician. I always enjoyed his singing and playing, but I finally figured out how good he really was when I answered the phone one day, and it was Roland White leaving a message for Jim asking him if he was available to play a gig.
days leaving musician good singing day play phone working white message oil roland
Oil has become a safe harbor for a lot of investment money.
money safe oil investment
[With pipelines coming back on line and increased imports arriving from foreign sources, there appears to be plenty of crude oil, Knight said.] The problem is not having the capacity to run it,.. Some may be down because they don't have power, and some may be more serious because of flooding, corrosive damage. We don't have accurate information.
information power problem run knight oil damage
The initial wave of selling (in oil futures) came when the computer models showed Rita veering further to the east, which would make landfall nearer Port Arthur than Houston
computer oil selling wave
I think it might be possible, it just might work. Fuel oil is up. How feasible this will be to save these people on heating, I have no idea.
idea people work oil save
It reduces the dependency on foreign oil and it supports what they grow.
grow oil
I think within a couple of weeks, (gas) prices will revert to pre-Katrina levels. But I also believe oil prices will go up again.
oil
If we look at Hurricane Ivan (which hit the Gulf in 2004), oil prices continued to go up for more than a month. Companies continued to work on their facilities but there were always delays restoring production.
work oil
There (would) be demonstrations in (Iranian) streets calling for the government to cut off oil exports.
government calling streets oil
It looked like we would be experiencing below-normal temperatures through mid-January but now it appears that the pattern will end by the end of the month. That has taken the steam out of natural gas and oil as well.
end natural oil
Any resolution to the gasoline problem won't occur in the short term. There's enough crude oil around. The problem is with refining and specifications.
problem resolution oil short
Dubai has been trying to prove to the rest of the Arab world that there is life after oil, and that in fact it's a better life. The good news is there is room for a second and a third Dubai, just like there was room for a second Singapore in Asia.
life rest world good news fact asia oil
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