Oil Producers Seek a Deal to Lift Prices
World oil prices have risen a little after two years of weaker demand for oil and lower prices.
During that time, a number of developments have affected the balance between oil supplies and demand. One is unrest in some oil-producing countries. Another is the expanded use of technology for collecting oil from deep underground.
In addition, the Organization of Petroleum Exporting Countries (OPEC) has been working on a deal to reduce oil production. OPEC's members have been trying to limit production to ease oversupply.
Will oil prices rise?
Perhaps the easiest way for Americans to experience the effects of oil prices is through gasoline. American drivers have paid less for fuel as oil supplies have increased and prices have dropped.
In the United States, oil production has increased sharply in recent years. One reason is new technology, such as hydraulic fracturing, also known as fracking. It has helped drilling services recover more oil and natural gas from the Earth. In fracking, liquid is forced into the ground under high pressure. The force can break up rock under the Earth's surface, releasing oil and gas.
Hannah Breul is with the U.S. Energy Information Administration. She thinks oil prices will rise as supplies, or inventories of unsold oil, start to decrease.
"Global supply has far exceeded global consumption, so we have seen massive inventory builds and we have seen lower prices as a result. Once the supply and consumption come back into alignment, and the inventories level off, and can start to be drawn down, that will be a market signal to increase production."
Low oil prices hurt companies that use fracking, making their operations too costly and less profitable.
Rising prices, says Breul, make it more cost-effective for oil producers to keep shale wells operating. She says demand for oil is expected to rise over a long period of time.
Other things can influence oil prices. Members of OPEC and some major non-OPEC producers, like Russia, appear to have agreed on a deal to limit production. Russia's Energy Minister, Alexander Novak, says the two sides are trying to make joint agreements.
Reports of a deal helped push oil prices above $50 a barrel temporarily. Prices had fallen to less than $40 last year.
As a cartel, OPEC's members seek to fix prices so they can increase profits. One way they do this is with limits on oil production.
The group is expected to meet in late November to finalize details of a production agreement.
Several members, including Iraq, have asked for permission to be exempt from cuts.
About two-thirds of electricity in the United States comes from coal and natural gas. The U.S Energy Information Administration says oil has little direct effect on the cost of energy. It says that only one percent of the country's electricity comes from oil.
The cost of producing renewable energy has continued to fall. The International Energy Agency says renewable has become the world's largest new source of energy.
The cost of producing energy from sources like the sun and wind is also decreasing.
I'm Mario Ritter.
1.oil price 原油价格
The oil companies have lost their power over oil price and oil production.
2.renewable energy 可再生能源
Renewable energy will become progressively more important as time goes on.
3.less than 少于
The marriage had lasted for less than two years.
4.natural gas 天然气
Today, oil and natural gas have replaced coal and wood in most areas.
1.The force can break up rock under the Earth's surface, releasing oil and gas.
break up 破坏
Civil war could come if the country breaks up.
My girlfriend had broken up with me.
2.Other things can influence oil prices. Members of OPEC and some major non-OPEC producers, like Russia, appear to have agreed on a deal to limit production.
agreed on a deal 达成一致协议
The men agreed on a business deal that satisfied both companies.
After some tough bargaining, we finally agreed on a deal.
期间，一些进展已经影响到石油的供需平衡 。其一是部分产油国的局势动荡，其二是因为地下深层采油技术的发展 。
此外，石油输出国组织（OPEC）一直敦促各石油国达成减产协议 。欧佩克成员国一直尝试限制产量来缓解供应过剩问题 。
美国人对油价浮动的直接感受可能就是汽油 。因石油供应增加和价格下跌，美国司机在燃油开销方面有所降低 。
近年来，美国的石油产量猛增 。其一是因为新技术的研发，如水力压裂法 。该技术可以帮钻探业从地壳中开采更多石油和天然气 。水力压裂法是将高压液体压入地下 。所产生的压力可可地表下的岩石破裂达到释放石油和天然气的目的 。
Hannah Breul（汉娜·布勒尔）任职于美国能源信息管理局 。她认为，随着石油供应量与库存石油的不断减少，油价将有所回升 。
她说，“全球石油供应远超过出全球的石油消费水平，结果就是出现大量库存以及石油价格下跌 。只要供需平衡，库存量逐渐稳定，油价就会下降 。这将成为增产的市场信号 。”
布勒尔表示，油价上涨有利于石油生产商维持页岩井的运营 。她说，未来一段时间内，石油需求呈上涨态势 。
其它因素也在影响油价 。欧佩克成员国与俄罗斯等非欧佩克主要石油生产国似乎已达成减产协议 。俄罗斯能源部长亚历山大·诺瓦克（Alexander Novak）表示，双方正努力达成共识 。
此报道推动油价暂时超过了每桶50美元 。去年油价跌破了40美元大关 。
作为卡特尔组织的一份子，欧佩克成员国寻求定价以期增加利润 。限制石油产量就是途径之一 。
美国约三分之二的电力来自于煤炭和天然气 。美国能源信息管理局称，石油对能源成本并无直接影响，美国只有1%的电力来自于石油 。
开发可再生能源的成本持续下跌 。国际能源署表示，可再生能源已成为全球最大的新能源 。