Sentences with phrase «halve oil imports»

Photograph: Anna Gowthorpe / PA Ministers have been urged to bring forward their 2040 ban on new diesel and petrol car sales by a decade, a move which an environmental thinktank said would almost halve oil imports and largely close the gap in the UK's climate targets.

Not exact matches

About a half of those imports are heavy naphtha, bought by PDVSA to dilute its extra heavy oil output and make it suitable for export.
By contrast, economic growth in Canada contracted in the first half of the year and business investment — the most important factor in demand for imports — collapsed along with oil prices.
This should be a good thing, because the U.S. is still the world's biggest oil consumer, using 19 million barrels a day and importing about half of it.
U.S. oil production peaked in April at 9.6 million barrels per day, and since then oil imports have started to move up, jumping more than a half million barrels per day.
Half of China's oil is now imported.
The United States will also improve energy security by cutting oil imports by 2 million barrels daily, or about half of what we import from OPEC today.
And for the first time in more than a decade, oil we imported accounted for less than half of the liquid fuel we consumed.
The largest of these, mid - and south - Atlantic coast waters and the eastern Gulf of Mexico, might provide as little as a year and a half's replacement for our imported oil (a Mineral Management Service estimate) to as much as 14 years of imported oil (a separate Department of Interior estimate).
Meanwhile, the consumption of oil, half the domestic demand of which is met by imports, is rapidly increasing as vehicle ownership continues to make inroads into China's growing middle class.
Once the majority of domestic cars become plug - in hybrids, we could displace most urban gasoline use, or nearly one - half of current U.S. oil imports.
The administration's plan included federal aid and incentive programs that would have cut U.S. net oil imports in half by 2020.
ALEC's resolution also notes that the United States currently depends on foreign imports for more than half of its petroleum usage and the nation's dependence on overseas oil has created difficult geopolitical relationships with potentially damaging consequences for our national security.
This would open the market to ethanol that could be produced from the «420 million tons of biomass easily harvestable in the U.S.» Sharp also said that the ethanol generated from that biomass could replace at least half — about 45 billion gallons — of the oil the U.S. imports annually.
We reminisce about the beginnings of the Plan in the summer of 2008, how we were importing $ 1 billion of foreign oil (it's about half that today), how we had no energy plan and no prospects for one from either candidate, Barack Obama or John McCain, and how we focused on converting heavy - duty trucks from diesel to natural gas right from the get - go.
We are still importing more than half the oil we use.»
If by 2025, all cars on the road are hybrids and half are plug - in hybrids, US oil imports would drop by 8 million barrels per day (mbd).
ONLY half of USA oil imports goes into gasoline fuels, the other half makes PLASTICS: Your carpet, paint, almost everything you own (that isn't REAL leather, wood, or metal)- is most likely made out of toxic petroleum oil that offgases dioxin and a mess of other problems such as oil wars - even your plastic toothbrush you clean your mouth with is made out of petroleum oil.
We are still importing more than half of the oil we use.
More than half of energy imports are crude oil.
A weak economy and more efficient vehicles cause oil imports to fall below half of U.S. consumption for the first time in 13 years.
In 1999, Canada surpassed Saudi Arabia as the United States» largest source of oil imports, and today a full half of the country's oil production comes from Alberta's so - called tar or oil sands: a form of petroleum found in a mixture of sand, clay, and bitumen that is either mined in pits or extracted by pumping steam into wells.
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