Sentences with phrase «imported petroleum»
The phrase "imported petroleum" refers to crude oil or oil-based products, such as gasoline and diesel, that are brought into a country from other nations. It means that the country does not produce enough oil to meet its own needs and has to buy it from other countries. Full definition
A House Republican introduced legislation last week to bar the U.S. from importing petroleum products from Venezuela in a push to cripple the growing authoritarian regime in the South American country.
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«I do share the sentiments of many Nigerians, that the country that produces 2.2 million barrels should not be in the business of importing petroleum products,» he said.
Reliance on imported petroleum also threatens America's economy and national security.
Together with improved extraction technology, and domestic production, it does seem that North America may cease importing petroleum by mid-late decade.
Not only is that amount attractive by Hawaii standards for electricity generation (where imported petroleum produces power at about 22c / kwh), it's also attractive as a transport fuel at about $ 2 a gallon gasoline in hydrogen vehicles.
Cellulose is key for U.S. fuel needs, according to Scott Kohl, technical director at ICM, who suggested that excess cellulose currently available in the U.S. — which includes corn fiber, switchgrass, corn stover, wheat straw, wood waste, and energy crops — could be sufficient to replace imported petroleum products.
«The nation's dependence on imported petroleum can not be sustained over the long term,» said FedEx Founder and CEO Fred Smith in a video address to the ARPA — e conference.
The thing that bugs me is, expanding passenger and freight rail in the US would have been a lot less costly 10 years ago, 20 years ago, when steel was cheap (and more of it made in this country)-- and we would already be reaping the advantages in terms of reduced pollutants, including less CO2, and greatly reduced cost of imported petroleum.
Current law imposes an 8 - cents - a-barrel fee on domestic and imported petroleum to fund an oil spill liability fund that Congress instituted in the wake of the 1989 Exxon Valdez disaster.
FORT MCMURRAY, Alberta — Where does the U.S. get the bulk of the imported petroleum to support its oil addiction?
Alternative fuel vehicles improve the environment by reducing vehicle emissions, while lessening the dependence on imported petroleum.
The United States» heavy reliance on imported petroleum both contributes to climate change and makes the country «strikingly vulnerable to potential oil supply shocks rising from domestic disturbances or broader regional conflicts.»
Displacing petroleum with alternative transportation fuels will reduce U.S. dependence on imported petroleum and vulnerability to foreign oil import disruptions, decrease emissions of greenhouse gases, pollutants and toxics, and promote domestic economic development.