Sentences with phrase «cost oil imports»

During the early 1990s, Cuba saw a sharp decline in energy supply due to a cutoff of low - cost oil imports from the now - defunct Soviet Union.

Not exact matches

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

«This decision clearly flies in the face of volumes of scientific evidence that shows the Keystone XL pipeline would be safe, enhance environmental standards, and be a more cost - effective alternative to importing oil from overseas,» said Michael Whatley of the Consumer Energy Alliance, which advocates for the energy industry.

In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.

Because oil and refined products are traded in dollars, their import costs rise for countries using other currencies, potentially crimping demand.

Last November, the International Monetary Fund (IMF) commended the government of Mali's deficit reduction, praising GDP growth of more than 5 % arising from strong harvests and government spending, even as the cost of oil imports moved higher.

First, the abruptly increased price of oil raised the cost of necessary imports dramatically, and funds were needed to pay for this.

For decades, policymakers and experts have seen foreign oil dependence as a concrete economic and political problem which required sober technical analysis and efficient solutions — an approach perhaps best reflected in countless attempts to quantify precisely the various costs and benefits of importing oil.

What are they going to produce and how much does it cost to import oil from China?

This development is coming about eight months after the Muhammadu Buhari - led regime stopped the fuel subsidy, which was costing the government millions of naira being paid monthly to oil marketers importing the product then.

One could frame the debate in the advantages of using less fossil fuel, which range from lower costs to people (an all electric car has operating costs about 1/4 that of a gasoline vehicle), to balance of payments (less capital flowing out of the country, especially relevant to countries who import most of their oil), to terrorism (not funding it, and western influence leaving the ME, which is the basis of most ME terrorist organizations) to conflict in general (most of the major conflicts in the last 30 years have involved ME oil), to finite supply (when we run out, we'll be facing a global economic meltdown).

During his 2013 State of the State address, Governor Andrew Cuomo laid out his ChargeNY plan to invest $ 50 million over five years in electric vehicle infrastructure to reduce air pollution, lower the cost of government and reduce dependence on imported oil.

One reason is the high cost of electricity in Hawaii, where 93 percent of electricity is generated by burning imported oil.

In contrast, EPA's estimate for the total gains from avoided climate change damages as well as other factors (such as reduced macroeconomic volatility from reduced reliance on oil imports), might yield as little as $ 29 billion in the year 2040, in the scenario where the «social cost of carbon» is relatively low.

Toss in scale economies, and the result will be lower costs, greater energy security and an increased state economic multiplier effect as less money drains offshore to pay for expensive and dirty imported coal and oil.

The embargo highlighted national dependencies of imported fuels, the importance of oil reserves, economic exposure and made the consumer suddenly realise the cost of heating in their uninsulated buildings.

TransCanada told Canada's National Energy Board that in the Midwest, its pipeline would «increase the price of heavy crude to the equivalent cost of imported crude,» which would provide Canadian oil companies with an added $ 2 - 3.9 billion in annual revenues.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

Without significant other policy intervention, it would simply be cost - effective to import other oil, via our existing pipeline network, to satisfy our demand at the higher prices.

«Green economic growth is a focus for Chinese policy makers worried about rising costs for imported oil and social unrest sparked by pollution.

Japan's reboot of nuclear power, expected to begin early next year, is set to punish oil imports the most as utilities slash the use of their highest - cost fuel and shut aging oil - fired plants, a survey of Japan's nine biggest power companies showed.

Ignoring the huge environmental impact of exploration, spillages, refining and usage of oil for a second... We have to import vast amounts of oil from all over the world, some from particularly unstable areas, at a high financial cost.

(11/15/07) «Ban the Bulb: Worldwide Shift from Incandescents to Compact Fluorescents Could Close 270 Coal - Fired Power Plants» (5/9/07) «Massive Diversion of U.S. Grain to Fuel Cars is Raising World Food Prices» (3/21/07) «Distillery Demand for Grain to Fuel Cars Vastly Understated: World May Be Facing Highest Grain Prices in History» (1/4/07) «Santa Claus is Chinese OR Why China is Rising and the United States is Declining» (12/14/06) «Exploding U.S. Grain Demand for Automotive Fuel Threatens World Food Security and Political Stability» (11/3/06) «The Earth is Shrinking: Advancing Deserts and Rising Seas Squeezing Civilization» (11/15/06) «U.S. Population Reaches 300 Million, Heading for 400 Million: No Cause for Celebration» (10/4/06) «Supermarkets and Service Stations Now Competing for Grain» (7/13/06) «Let's Raise Gas Taxes and Lower Income Taxes» (5/12/06) «Wind Energy Demand Booming: Cost Dropping Below Conventional Sources Marks Key Milestone in U.S. Shift to Renewable Energy» (3/22/06) «Learning From China: Why the Western Economic Model Will not Work for the World» (3/9/05) «China Replacing the United States and World's Leading Consumer» (2/16/05)» Foreign Policy Damaging U.S. Economy» (10/27/04) «A Short Path to Oil Independence» (10/13/04) «World Food Security Deteriorating: Food Crunch In 2005 Now Likely» (05/05/04) «World Food Prices Rising: Decades of Environmental Neglect Shrinking Harvests in Key Countries» (04/28/04) «Saudis Have U.S. Over a Barrel: Shifting Terms of Trade Between Grain and Oil» (4/14/04) «Europe Leading World Into Age of Wind Energy» (4/8/04) «China's Shrinking Grain Harvest: How Its Growing Grain Imports Will Affect World Food Prices» (3/10/04) «U.S. Leading World Away From Cigarettes» (2/18/04) «Troubling New Flows of Environmental Refugees» (1/28/04) «Wakeup Call on the Food Front» (12/16/03) «Coal: U.S. Promotes While Canada and Europe Move Beyond» (12/3/03) «World Facing Fourth Consecutive Grain Harvest Shortfall» (9/17/03) «Record Temperatures Shrinking World Grain Harvest» (8/27/03) «China Losing War with Advancing Deserts» (8/4/03) «Wind Power Set to Become World's Leading Energy Source» (6/25/03) «World Creating Food Bubble Economy Based on Unsustainable Use of Water» (3/13/03) «Global Temperature Near Record for 2002: Takes Toll in Deadly Heat Waves, Withered Harvests, & Melting Ice» (12/11/02) «Rising Temperatures & Falling Water Tables Raising Food Prices» (8/21/02) «Water Deficits Growing in Many Countries» (8/6/02) «World Turning to Bicycle for Mobility and Exercise» (7/17/02) «New York: Garbage Capital of the World» (4/17/02) «Earth's Ice Melting Faster Than Projected» (3/12/02) «World's Rangelands Deteriorating Under Mounting Pressure» (2/5/02) «World Wind Generating Capacity Jumps 31 Percent in 2001» (1/8/02) «This Year May be Second Warmest on Record» (12/18/01) «World Grain Harvest Falling Short by 54 Million Tons: Water Shortages Contributing to Shortfall» (11/21/01) «Rising Sea Level Forcing Evacuation of Island Country» (11/15/01) «Worsening Water Shortages Threaten China's Food Security» (10/4/01) «Wind Power: The Missing Link in the Bush Energy Plan» (5/31/01) «Dust Bowl Threatening China's Future» (5/23/01) «Paving the Planet: Cars and Crops Competing for Land» (2/14/01) «Obesity Epidemic Threatens Health in Exercise - Deprived Societies» (12/19/00) «HIV Epidemic Restructuring Africa's Population» (10/31/00) «Fish Farming May Overtake Cattle Ranching As a Food Source» (10/3/00) «OPEC Has World Over a Barrel Again» (9/8/00) «Climate Change Has World Skating on Thin Ice» (8/29/00) «The Rise and Fall of the Global Climate Coalition» (7/25/00) «HIV Epidemic Undermining sub-Saharan Africa» (7/18/00) «Population Growth and Hydrological Poverty» (6/21/00) «U.S. Farmers Double Cropping Corn And Wind Energy» (6/7/00) «World Kicking the Cigarette Habit» (5/10/00) «Falling Water Tables in China» (5/2/00) Top of page

This position completely ignores the huge financial cost of dealing with the impacts of climate change and the $ 500 billion the EU is spending every year on oil and gas imports.»

Even if [geo - engineering] were able to stabilize climate change — which is doubtful... We still would be addicted to imported oil, still would be subsidizing terrorism with our gas dollars, still would suffer the cost and supply traumas that are inevitable with finite resources, still would send our children off to die in resource wars, still would pollute the air and cause respiratory problems for our children, and still would wipe out species, many of them beneficial to us, as we invade their habitat.

The cost of putting charging pods in the streets all over the United States will be $ 200 billion, but this is much less than 1 year of imported oil, which means that we can certainly afford to build it all over the U.S. within 3 to 4 years.

CalCars» mission is to narrow the cost gap through incentives, subsidies and rebates while making the case for paying extra to gain access to car - pool lanes, spend less time at gas stations, get home backup power, lower maintenance costs, and, most importantly, benefit society by reducing oil imports, greenhouse gases and pollution.

It charges a slowly rising fee on fossil fuel producers at the entry point to our economy (coal mine, gas / oil well or import terminal) but then returns 100 percent of the fee (less administrative costs) back to all consumers equally via a monthly dividend check.

The most effective policy for reducing CO2 emissions and oil imports from transportation is to spur the development and sale of more efficient vehicles with strict efficiency standards while increasing the cost of driving with strong fuel taxes.

You may have heard this song before, but it's one well worth replaying: the United States imports 4 million barrels of oil a day — adding up to 1.5 billion a year — at a cost of nearly $ 1 billion a day.

«The only downside has been the increase in imports of used cooking oil to feed the bio-diesel industry, which has not only driven up the cost of feedstock, but raises concerns over the environmental impact through the supply chain, so this is something we will need to address going forward.»

And in addition, if cars were to meet an efficiency standard of 120g CO2 per km, that could also reduce the huge economic costs of importing foreign oil by almost 30 billion Euros a year.»

However, is this really the case or is the increase in energy prices down to factors such as the increasing scarcity of oil in the North Sea and the cost of importing gas?