Most of the oil production goes in car tanks.
car oil
The development of the pure vegetable oil sector could be an incredible opportunity to attract young people to the farming profession at a time of depopulation of the countryside.
opportunity people time countryside development pure young attract farming oil profession
If prices -- adjusted for inflation -- were to go above those of the 1970s oil crisis, then China would face a trade off. It either lets its refiners go bankrupt or it sacrifices its inflation target
face crisis sacrifices china oil inflation 1970s trade
Given that oil production has reversed somewhat in the past few months and the hurricane insurance pay-outs will not recur, we expect the deficit to narrow sharply again in (the fourth quarter of) 2005.
past oil insurance
As ever, the input price data is an energy story, and the fall in the sterling price of oil in the last month is coming through a little quicker than thought
data thought story fall energy price oil
All the parties that receive petrol revenue - including the oil companies, service stations and Government - need to be more accountable.
government parties oil
There's a lot of evaluation going on there with air-fuel mixtures, oil pressures, engine temperatures. That's more important to us than what Kyle thinks right now.
important oil
The spurt in world oil prices is totally unjustified as the oil producing nations are exploiting high growth rates in India and China.
nations growth world india china oil
All this talk about a war with Iraq is adding a tremendous amount of volatility in all the markets. We see it in bonds, gold, oil. The uncertainty of what's going to happen is weighing on the markets.
uncertainty war gold iraq talk oil bonds
We pick those two for their exposure to the domestic market. We think the recovery in Asia is lifting demand and has re-established a floor under oil prices, and we don't expect prices to drop any time in the near term.
time market recovery asia oil demand
Now that the baseline of demand has returned and (oil) prices returned to around 0 to 1 a barrel, the environment is such that there will be a return to exploration, and Schlumberger will be a big beneficiary.
environment exploration return big oil demand
The risk in any country that has oil, such as Russia, is that the high prices will lessen the zeal for economic reform.
zeal risk reform country russia oil
A lot of people tend to knock hydrogen these days. And it's a clear sign it's progressing. It's typical for people to knock the alternatives to oil and gas. I look at this as a sign of some success. It's very important to keep our eyes on where we need to go. There's a jump right now to the technology of the hour. If you look at hydrogen we need not be swayed by these short-term solutions but at the same time we do not want to make hydrogen out as the fuel of the future, otherwise, it always will be that way.
technology people time success days future solutions eyes important oil sign
It's disturbing there has been no major uprising against the cost of oil. People are not driving less.
people oil driving
The focus this year will be on how effective companies are at cutting costs as oil prices will continue to go up over time.
time focus oil cutting
At the end of the day, with oil touching 0 a barrel, that is not good for the consumer. When we are all paying more at the pump to fill our cars, that's less disposable spending that we all have to spend at retailers.
good end day cars oil touching
Overall, I think they'll be OK, given that the economy is improving and fuel prices are starting to moderate. But nobody knows which way fuel will go, and to base your long-range planning on an optimistic view of oil prices, I think, is very risky.
improving optimistic starting economy planning oil view
Certainly sentiment towards gold now remains positive, with the market ignoring the further drift lower in the oil price and the recent strength in the dollar
strength gold positive market price sentiment oil
The conflict with the United States has brought together political and social movements in Latin America, and now governments as well, which have in their hands an explosive cocktail: the largest reserves of oil and gas in the region, combined with revolutionary policies.
conflict latin political america hands social oil
Oil can be a devastating force in countries with such levels of corruption. Chevron has set a scary precedent.
force corruption scary oil
All of these factors were a reason to bid the market up locally, and sky-high oil prices are support in the long-term. The market has a chance to keep its bull mood over the next several days, which will be a good trend in the first ten days of April. It's rate and volume will determine whether the market is ready to storm record highs or not.
chance days reason good support market storm mood oil ready
Any company can double its stock price. We believe our stock price is still undervalued based on our oil and gas assets and the (Big Island) real estate still to be valued.
real company price big oil
We're evaluating various opportunities in real estate, as well as in the oil and gas business with the increased revenues we've been receiving. We're planning to invest the oil and gas capital commensurate with the increased revenue.
business real opportunities planning oil receiving
As long as there's unrest in the Middle East and troops in Iraq, commodity prices will remain high. Oil and gas companies are spending greater amounts of capital investing in exploration and development, which is our particular niche, and that's going to generate a lot of projects in the coming years.
iraq niche development exploration oil investing projects greater troops
We are capable of increasing production to some 50 million metric tons of oil annually in the next few years.
oil
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