Sentence 1: Many factors beyond our control affect oil and natural gas prices, including, but not limited to: the cost of exploring for, producing and delivering oil and natural gas; the discovery and development rate of new oil and natural gas reserves, especially shale and other unconventional natural gas resources for which we market our rigs; the rate of decline of existing and new oil and natural gas reserves; available pipeline and other oil and natural gas transportation capacity; the levels of oil and natural gas storage; the ability of oil and natural gas exploration and production companies to raise capital; economic conditions in the United States and elsewhere; actions by the Organization of Petroleum Exporting Countries; political instability in the Middle East and other major oil and natural gas producing regions; governmental regulations, sanctions and trade restrictions, both domestic and foreign; domestic and foreign tax policy; the availability of and constraints in pipeline, storage and other transportation capacity in the basins in which we operate, including, for example, takeaway constraints experienced in the Permian Basin; weather conditions in the United States; the pace adopted by foreign governments for the exploration, development and production of their national reserves; the price of foreign imports of oil and natural gas; the strength or weakness of the United States dollar; the overall supply and demand for oil and natural gas; and the development of alternate energy sources and the long-term effects of worldwide energy conservation measures.
Sentence 2: The prices for oil, natural gas and NGLs are subject to a variety of factors that are outside of our control, which include, among others: regional, domestic and international supply of, and demand for, oil, natural gas and NGLs; oil, natural gas and NGLs inventory levels in the United States; political and economic conditions domestically and in other oil and natural gas producing countries, including the current conflicts in the Middle East and conditions in Africa, Russia and South America; actions of OPEC and state-controlled oil companies relating to oil, natural gas and NGLs price and production controls; wars, terrorist activities and other acts of aggression; weather conditions and weather patterns; technological advances affecting energy consumption and energy supply; adoption of various energy efficiency and conservation measures and alternative fuel requirements; the price and availability of supplies of, and consumer demand for, alternative energy sources; the price and quantity of U.S. imports and exports of oil, natural gas, including liquefied natural gas, and NGLs; volatile trading patterns in capital and commodity-futures markets; the strengthening and weakening of the U.S. dollar relative to other currencies; changes in domestic governmental regulations, administrative and/or agency actions, and taxes, including potential restrictive regulations associated with hydraulic fracturing operations; changes in the costs of exploring for, developing, producing, transporting, processing and marketing oil, natural gas and NGLs; availability, proximity and cost of commodity processing, gathering and transportation and refining capacity; perceptions of customers on the availability and price volatility of our products, particularly customers' perception of the volatility of oil and natural gas prices over the longer term; and variations between product prices at sales points and applicable index prices.
Semantic similarity (0-5): 3