Sentences with phrase «increase oil exports»

Prime Minister Stephen Harper has appointed British Columbia lawyer Doug Eyford to gather views of native groups across the Western province on energy development as the industry struggles to gain acceptance of multibillion - dollar pipelines that would vastly increase oil exports.

Moreover, lower potential output in the U.S. eases the risk of a regulatory ban on oil from Canada's oil sands, and could lead to increased oil exports to the U.S.»

Not exact matches

The Canadian dollar appreciated by nearly 42 % relative to the greenback, mostly due to the increase in the value of Canada's oil exports.

The costs of the discount are increasing as delays continue for all three major proposed oil pipelines to export more oil from Western Canada, including Kinder Morgan's Trans Mountain expansion, Enbridge's Line 3 replacement, and TransCanada's Keystone XL.

All told, the province's economy stands to gain up to a maximum of $ 10 million a day: up to $ 5 million by not importing as much oil and another $ 5 million by increasing exports of gas.

And though exports of oil have increased, helping to shrink the U.S. trade deficit in energy by half from fourth quarter 2016 to fourth quarter 2017, the improvement has had negligible impact on the much larger overall U.S. trade deficit, which grew during that period.

Secondly, as guest and I have been trying to point out if the appreciation in currency for Japan / Germany is due to increased demand for there manufacturing exports this is not the same thing as an appreciation caused by increased demand for oil exports.

In his May 2009 paper «The Canadian Oil Sands: Energy Security vs. Climate Change» (long one of my favorite sources), Levi identifies a list of six security and economic consequences of oil consumption and production and then examines how increased oil sands production and exports to the U.S. would mitigate or exacerbate these impacOil Sands: Energy Security vs. Climate Change» (long one of my favorite sources), Levi identifies a list of six security and economic consequences of oil consumption and production and then examines how increased oil sands production and exports to the U.S. would mitigate or exacerbate these impacoil consumption and production and then examines how increased oil sands production and exports to the U.S. would mitigate or exacerbate these impacoil sands production and exports to the U.S. would mitigate or exacerbate these impacts.

To be certain, the opposition to projects like the Keystone XL pipeline, which would carry Alberta oil sands products to US markets, and the Northern Gateway pipeline, which would carry oil sands products to a new west coast terminal for export to Pacific markets, has caused delays and increased costs to proponents.

Point is to increase the value we capture from oil production and export.

Excluding oil, resource export earnings increased by around 3 1/2 per cent in the September quarter.

While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.

NDP leader Adrian Dix has precluded a major increase in oil exports from the existing Westridge Terminal in Burnaby

The discount facing Western Canadian Select oil prices increased at the end of 2017, following a spill from the TransCanada Corp.'s Keystone pipeline and has remained high as other export pipelines are full.

Exports of cars and auto parts posted big increases in February as did imports of pharmaceuticals, crude oil and civilian aircraft.

Nevertheless, US benchmarks were less volatile, as US shale oil production continued to increase in response to higher global prices, while US oil exports reached record levels.

Canada has been the U.S.'s largest oil supplier since 2004, and its U.S. exports have increased nearly 50 percent in just the last five years.

While the oil and gas sector, which comprised 24 % of all Canadian exports in 2015, has been hit hard, most other exporting industries experienced major gains in 2015, which are expected to translate into further increases to Canadian exports overall.

Kuwait's deputy foreign minister Khaled Jarallah said oil exporting countries must freeze production and the market could not support a production increase from Iran, state news agency KUNA reported on Continue Reading

The Canadian province, which holds the world's third - largest crude reserves, is reviewing renewable - energy policies as exports from its oil sands face increasing opposition from environmental groups and lawmakers in the U.S. and Europe.

The recent devaluation was announced to help narrow the budget deficit by increasing the amount of bolivars the government receives from oil exports.

The large increase in crude oil exports to US PADD III (US Gulf Coast) market was due to new pipeline capacity.»

While Canada's heavy oil producers are faced with the challenge of increasing rail volumes in the absence of a new export pipeline, they're also dealing with issues on an operational system into the U.S.

Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy sector, which has a 17 per cent share of global cheese exports.

However, Bord Bia said prospects for Irish dairy exports in 2017 look positive: Recovering global dairy prices and increased demand from key global dairy importers and anticipated stronger oil prices should help exports.

The report further disclosed that crude oil export revenue increased by 14.42 per cent between September and October this year.

Statistics Canada said the economy registered 2.7 per cent growth in the exports of goods, led by increases in motor vehicles and parts as well as consumer goods and crude - oil bitumen.

The migrations of crude oil inventories from the Midcontinent to the Gulf Coast will increase exports of refined products.

That's because low prices for oil should continue to offset government stimulus spending as well as increased exports due to the weak Canadian dollar.

And if we pass a bill in the Senate, reconcile it with the House, that says we are going to invest in wind energy and solar energy and we're going to be the guys who are producing wind turbines, and we're going to be the folks who are producing solar panels on rooftops, and we're going to be the country that is retrofitting all its homes and businesses so that we are 30 percent more energy - efficient than we are right now, that produces jobs that can't be exported; it reduces our dependence on foreign oil; it is good economics; it will increase our exports — oh, and by the way, it also solves the climate problem.

As oil exporting nations experience both declining oil production and increased domestic oil consumption, they will reduce oil exports to the U.S. Because the U.S. is highly dependent on imported oil for transportation, food production, industry, and residential heating, the nation will experience the impacts of declining oil supplies sooner and more severely than much of the world.

But with increased U.S. oil production, oil dependence is not important to the GOP in efforts to eliminate the 40 year old ban on U.S. oil exports.

As discussed last week, the Trump Administration can probably not achieve its promised economic revival without a substantial oil and gas production expansion and greatly increased exports of US fossil fuel production.

As U.S. exports increase, high oil prices are turning into less of an economic negative for the country.

Besides, if Keystone XL is built, the oil it ferries to the Gulf Coast will be exported overseas, not kept in America to increase so - called «energy security.»

Both of these assumptions have been completely reversed by the shale oil revolution, dramatically increasing North American energy production and increasing crude oil exports.

With the approval of the Kinder Morgan pipeline, we expect an increase in tanker traffic by 700 % through the Salish Sea, meaning more oil moving through pipelines and more export terminals, making Washington State a target for dangerous spills and explosions.

The report comes on the heels of a recently leaked document that exposed the EU's intention to increase U.S. oil and gas exports to Europe, thus hooking Western economies for decades on high carbon energy — a recipe for increased global warming and climate disaster.

(1) No False Choices: To Preserve a Livable Climate, We Need to Slash Both CO2 and Methane ASAP; (2) Oil Change International Report: Fossil Fuel Production Subsidies Exceed $ 21 Billion Annually in United States, have increased by 45 % under Obama's «All of the Above» energy policy; (3) Joint Economic Committee Hearing on «The Economic Impact of Increased Natural Gas Production» (video); (4) Leaked Trade Deal Document Shows EU Pressuring U.S. to Lift Crude Oil Export Ban; (5) Deep Decarbonization Pathways Project (DDPP) Presents Interim Report to UN Secretary - General Ban Kincreased by 45 % under Obama's «All of the Above» energy policy; (3) Joint Economic Committee Hearing on «The Economic Impact of Increased Natural Gas Production» (video); (4) Leaked Trade Deal Document Shows EU Pressuring U.S. to Lift Crude Oil Export Ban; (5) Deep Decarbonization Pathways Project (DDPP) Presents Interim Report to UN Secretary - General Ban KIncreased Natural Gas Production» (video); (4) Leaked Trade Deal Document Shows EU Pressuring U.S. to Lift Crude Oil Export Ban; (5) Deep Decarbonization Pathways Project (DDPP) Presents Interim Report to UN Secretary - General Ban Ki - Moon.

The leaked position paper reveals that the proposed trade deal - the Transatlantic Trade and Investment Partnership, or TTIP - could change U.S. energy policy to allow for increased exports of oil and gas and keep the EU dependent on high levels of fossil fuel imports.

In the Pacific Northwest, where oil refineries are seeking to increase their exports, tanker traffic could increase from 28,000 barrels per day to 535,000 barrels per day in Oregon and Washington, and up to a staggering 1.2 million barrels through British Columbian waters.

Without it [access to export markets in Asia], we are heading towards a reality in which there is no market for increased oil sands production beyond 2020.»

Jeffrey Brown & Sam Foucher show that the rate of increase in China and India's oil imports will consume ALL global oil exports by 2025.

Aboriginal opposition to such proposals as Enbridge Inc.'s $ 6 - billion Northern Gateway pipeline has been a major stumbling block to the Harper Conservatives» aim of shipping large volumes of oil sands - derived crude to the Pacific Coast to be exported to Asia as a way to increase returns.

Iran is highly interested in attracting foreign investors to renovate its oil and gas industries, as well as increasing its production and oil and gas exports.

The chapter's media release noted, «The Mid Island chapter of the Council of Canadians is joining the Snuneymuxw First Nation, Save our Shores, the Sierra Club and Tanker Free B.C. for a rally outside the Kinder Morgan open house... Kinder Morgan is planning on twinning the Trans Mountain oil pipeline and increasing oil tanker exports from the Port of Vancouver from one tanker a week to one tanker a day.

However, economic growth will remain constrained by various headwinds, such as a potential spike in oil prices due to tension in the Middle East; an expected decline in net exports from the global slowdown; and an expected increase in fiscal drag, including the fading of federal spending from the stimulus and a decline in defense spending for operations in Iraq and Afghanistan.»

While cheaper dollars would increase our exports, it will make the cost of oil go WAY HIGHER.