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Technological Advancements During the 18th Century of the
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Rail operators must also monitor the impact of oil prices on demand for the shipment of crude oil and oil-related commerce. In particular, the break-even price for shale exploration is
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In terms of total transportation energy use, rail systems (excluding transit but including intercity and commuter passenger, along with freight rail), account for approximately 2% of the US transportation energy consumption total (ORNL, 2015), with over 90% of the US impact from freight rail (ORNL, 2015).
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What caused the oil price slump and how did it impact
But, this decline in crude oil price is not a new phenomenon. Before the dramatic oil price drop in June 2014, there had been many other fluctuations in crude oil prices (Fig.1). Average crude oil spot price reached $52 per barrel at the end of December 2016 from
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New technologies reduce environmental impacts of coal
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