The phrase
"foreign oil" refers to oil that is produced in a different country and is then imported into another country.
Full definition
We can eliminate our dependence
on foreign oil by building 45 new nuclear plants, power plants, right away.
The project will provide grants for development of «breakthrough» technologies in areas such as reduction
of foreign oil consumption and energy - related emissions, and improvements in energy - efficiency.
Growing in popularity, Hybrid vehicles are beginning to offer an enticing option to dependence on
foreign oil supplies.
Consider how these two objectives would actually interact, possibly negatively, since getting
off foreign oil implies electric transportation or at least plug - in hybrids.
A structural transition is already begun, yet we must explore methods to speed this transition to reduce dependency on
foreign oil as well as address energy needs and concerns.
If those estimates aren't radically revised upwards it also really calls into question whether the additional domestic supply really does anything meaningful whatsoever in terms of reducing dependency on
foreign oil sources.
Thus, if we expand corn - based ethanol production, we will be exchanging the variability associated with
foreign oil with the variability associated with weather.
By charging cars and trucks with electricity at night, American drivers could reduce the nation's dependence on
foreign oil while potentially cutting power prices as well.
The only way to reduce the importance
of foreign oil is to develop our own abundant resources, along with all other forms of energy.
Reduced demand
for foreign oil, meanwhile, could lower the price of a barrel to about $ 25, and make oil - rich nations less powerful.
Although these natural resources offer a clean, renewable alternative to fossil fuels and promise decreased dependency on
foreign oil supplies, they are not without their own drawbacks.
We have the resources in this country to decrease our reliance
on foreign oil.
§ 15927 («[I] t is the policy of the United States that... United States oil shale, tar sands, and other unconventional fuels are strategically important domestic resources that should be developed to reduce the growing dependence of the United States on politically and economically unstable sources of
foreign oil imports -LSB-.]»)
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.»
For example, getting off of
foreign oil in ten years is probably not feasible no matter how much conservation, rising efficiency standards, financing replacement of inefficient cars and machines, and so on.
Several Democratic senators have urged their colleagues to steer away from any carbon - pricing mechanism and focus on a narrower — but still weighty — bill that
reduces foreign oil dependence by developing cleaner energy sources and increasing efficiency standards.
In the early days advocates argued that lower use of fossil fuels would reduce US vulnerabilities to cut - offs by
unstable foreign oil producers.
China's oil industry began a new era of growth as early as 2008, and from 2009 to 2013 Chinese oil companies were particularly keen on investing in
foreign oil assets.
The detentions highlight the growing difficulties for
foreign oil firms amid a deepening economic crisis in Venezuela, allegations of rampant corruption, a power struggle within PDVSA and an increasingly authoritarian government.
Sonangol publishes its audited accounts and full details of oil revenue flows
between foreign oil companies, Sonangol itself and the Angolan government.
Deals also take place between Chinese majors and independent domestic refiners, and between
foreign oil majors and global trading houses.
We've got a choice: Either we're going to continue importing efficient cars to help
replace foreign oil, or we're going to employ our own people to make efficient cars and import neither the oil nor the car — which sounds like a better idea.
There's a bill in the Senate that will
break foreign oil's stranglehold on our country, reduce carbon pollution, and create jobs right here in America — good jobs that pay well and can't be outsourced.
But as the US reliance of
foreign oil declines, fewer petrodollars should result in relatively smaller purchases of US bonds.
Free Market... unless the people who keep talking about breaking americas dependency on
foreign oil want the government to get involved to keept he price down... but that would be the big SOCIAL word that scares everyone!
With U.S. dependency on
foreign oil getting uncomfortably close to crisis levels, any viable alternative energy source is looking pretty good.
According to the International Energy Agency (IEA), daily output there has already dropped by more than 50 %, primarily because
foreign oil workers are fleeing for their lives.
It was part of a nationalistic push by Mexico, 12 years after the government
expropriated foreign oil assets and created Pemex, to assert economic and industrial might.
Petrobras depends on
foreign oil giants and contractors to do the lion's share of its work for them offshore.
Presidents Richard Nixon and Gerald Ford used Section 232 tariffs to
tax foreign oil in 1971 and 1975, according to a study by law firm White & Case LLC.
Venezuela's
foreign oil partners, which include California - based Chevron, Russia's Rosneft and China's CNPC, are increasingly worried about PDVSA's rapidly departing workforce, according to a half - dozen sources at multinational companies operating in Venezuela.
The change is one of many in the North American energy landscape affecting Pemex, which also faces competition in exploration and production as Mexico prepares to
allow foreign oil companies back into the country for the first time in 75 years.
It also
contacted foreign oil companies last month, urging production increases; but I'd do that too if I knew I was going to have to make a cut in the near future.
Those police officers / the state are bringing freedom to that oppressed woman just like the US military brings democracy to unstable
foreign oil rich nations.
Declaring open the maiden edition of the Nigeria International Petroleum Summit, NIPS, Buhari told local and
foreign oil industry stakeholders in Abuja that his administration will not stop the fight until a new image is created for the sector.
He's claimed that the Federal Government has the role to incentivize innovative energy technology, and he's desired to reduce «expensive, polluting, and terror
promoting foreign oil» since January 2006.
Quite frankly, the American people have to stop slitting their own throats and look upon actions like buying those Dollar Store - lead painted chotchkes and inferior quality sweatshop - made clothing as well as gas - guzzling SUVs that increase petroleum prices and dependency
upon foreign oil as UNPATRIOTIC?
Phrases with «foreign oil»