As people demanded fuels that were cheap but burned more cleanly, for instance, oil companies began to prospect for more natural gas and produce it, making it a major part of their businesses.
What's more, not all gas-price increases put a significant dent in growth; between 2002 and 2006, for instance, oil prices rose a hundred and fifty per cent, yet the economy continued to grow briskly.
When the Bahamas raised its fees, for instance, OIL and others persuaded Samoa to rewrite its laws within three weeks to make it easy for Bahamian firms to redomicile there.
For instance, oil company managements were loath to repeat the cycle of enthusiastic expansion of capacity leading to overproduction, which collapsed prices to the disastrous detriment of profits.
A direct comparison can be made here with, for instance, oil refineries where a more mature technology uses continuous in situ monitoring and associated feedback procedures to routinely deliver continuous, optimal performance.
For instance, oil is often the focus of global attention on energy security, whereas only 5.1% of electric power is generated by oil, therefore oil security is not highly relevant to electric power security except through its impact on the prices of other primary fuels.
In this instance, oil fields belonging to an entire nation were conveniently allocated to one individual.
For instance, oil field service company Baker Hughes which sells services ranging from consulting on the types of drill bits used on a rig to complex computer analysis of the size of oil underground oil pockets—just recently announced it was cutting pay in an effort to avoid layoffs.
In all the instances mustard oil was used.
