Barrels Quotations
Barrels Quotes from:
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Blast Quotes
Kabul is a walled city, which sounds romantic except the walls are pre-cast reinforced concrete blast barriers, 10 feet tall and 15 feet long and moved into place with cranes. The walls are topped with sandbags, and the sandbags are topped with guard posts from which gun barrels protrude.
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Average Quotes
Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.
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Build Quotes
GM's promotion of E-85 fuel is helping to build the infrastructure needed for the ethanol industry to continue growing and replacing millions of barrels of non-renewable oil. The ethanol industry is committed to meeting the demands of millions of American consumers who want to choose cleaner-burning ethanol.
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Add Quotes
We believe this acquisition of producing properties will generate significant cash flow for the Company. All of the leases are fully equipped so that we can bring them on line immediately. We can also add other wells and conduct in field drilling. Upon completion of this acquisition, the Company could produce 8,000 barrels for the month of February.
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Add Quotes
We can't keep up with production, and sales are up 60 percent this year. We are trying to figure out if we should add on here or build a new plant. We are producing 40,000 barrels of beer a year and selling only in Wisconsin. We're looking to expand to keep up with demand -- we're not adding new territory.
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Billions Quotes
Today there is a very thin layer of insulation in the oil market amounting to approximately one million barrels a day, meaning that every small disruption, be it a hurricane in the Gulf of Mexico or riots in Nigeria or instability in the Middle East, immediately creates a rise in prices. This situation will be with us for a long time because there is no new spare capacity. Building spare capacity requires an investment of billions of dollars to create infrastructure that may sit idle most of the time. Nobody will invest on those terms,
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Crude Quotes
The government's offer of barrels from the Strategic Petroleum Reserve has mitigated some of the upward price pressure on crude oil. The problems with gasoline and natural gas may not be helped even if the SPR is tapped. If refineries are offline and can't run the extra oil, it will make no difference.
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Ahead Quotes
With less than 2.0 million barrels of spare production capacity, even with higher-than-average supply of oil, the margin of error in the world oil market has never been thinner. And with worries about possible supply disruptions in Iran, Nigeria and Venezuela and another hurricane season ahead of us, traders are betting that it's likely something is going to go wrong.
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Against Quotes
We see attacks on a regular basis. Since the end of major military operations in April of 2003, there have been close to 250 attacks against oil pipelines, refineries and oil facilities and that has been pretty significant in reducing... up to a million barrels a day of potential production,
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United States Quotes
Currently, ethanol-enriched fuels account for approximately 3 percent of all automotive fuels sold in the United States, which is the equivalent of 140,000 barrels of imported oil per day. With increased consumer awareness and support for ethanol, we can move the needle and further reduce the amount of oil we currently import from other countries.
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