Sentences with phrase «lower oil import»

The industrial uses of solar air heating, which is gaining increasing acceptance, help in paring emissions and use of fossil fuels, and could also lead to a lower oil import bill for India

Going to 54 miles per gallon as the E.P.A. and the car companies agree can be done lowers our oil imports and reduces greenhouse gases.

The United States is the world's leading producer of oil and natural gas, resulting in lower oil imports and an opportunity for the U.S. to compete with other producers in the global market.

Not exact matches

Persistent headwinds from deleveraging and lingering uncertainty will influence the extent to which some oil - importing countries benefit from lower prices.

(In 2011, Cenovus Energy let on that output from two of its in situ oilsands projects could meet the standard, which mandates that crude oil imported to the state have lower wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflict.

Meanwhile, U.S. net imports of crude oil fell last week by 1.6 million bpd to 4.98 million bpd, the lowest level since the EIA started recording the data in 2001, reflecting further erosion in a market OPEC has been relying on for decades.

U.S. crude imports are at a 16 - year low, reconfiguring the map of global oil trade.

Again, it's this ingenuity that's kept oil prices relatively low, which in turn has helped strengthen GDPs in oil - importing emerging markets and squeeze the revenue of exporters such as Russia, Qatar, Saudi Arabia and others.

The study said the carbon tax would lower pollution by 20 per cent by 2050 and prevent oil imports from rising.

India imports nearly 75 % of its oil (source: Central Statistical Office, India), so sustained low crude prices improved the inflation picture and current account balance (source: Bloomberg data).

As today's Hot Chart shows, U.S. volume imports of crude oil plummeted to their lowest level since 1996 in April.

The potential reduction in Chinese imports could lead to lower oil prices for much longer, Gunzberg says.

However, rising fuel prices could hurt the economies of oil - importing counties and lower their demand for cheese and other dairy products.

We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.

President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.

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.

The issue is not whether the U.S. can significantly reduce its reliance on oil imports with domestic, offshore oil, say both Kaufman and Nathan, but whether there is enough that is recoverable to significantly lower the price of a barrel of oil on the global market.

As an oil - importing region, Asia may benefit from lower oil prices, and the rally in China's Shanghai - listed A Shares (difficult for non-Chinese investors to access) is extending to other markets in the region.

For example, the double - digit inflation of the 1970's was caused by banks keeping interest rates low in an attempt to stimulate a weak economy, at a time when imported inflation from the oil shock was high (leading to stagflation).

South Korea's economy will likely grow by 3.9 % in 2016, and a big stimulus program and continued low oil prices could push that figure higher; South Korea imports almost all of its oil, bringing in the fifth - largest amount in the world, after Germany.

Tar sand oil and coal would be the worst offenders, with natural gas imports getting the lowest tariffs.

The oil shocks of the 1970s were followed by low prices, and away went almost all the research and efficiency initiatives that might have reduced American dependence on imported oil (and CO2 emissions).

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.

Last week we made the point that America's ongoing energy revolution is the main reason the United States is the world's leading producer of oil and natural gas — a renaissance that is reducing oil imports and benefiting consumers in the form of lower prices at the pump.

This North American oil is displacing millions of barrels of annual US oil imports from some of the least savory countries on Earth, while adding billions of barrels a year to planetary petroleum production, and thereby keeping world oil prices lower than they would otherwise be.

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.

Some oil - importing countries, including China and India, have saved money from low prices that they can invest in renewables.

When that is adjusted for ethanol's lower energy content, it means ethanol will displace only 1.8 % of total U.S. oil imports in 2015.

Internal Department of Justice (DOJ) documents obtained through the Freedom of Information Act show that the DEA was instructed by the DOJ (of which the DEA is part) in March of 2000 not to restrict the import of hemp seed and oil: «Hemp products intended for human consumption have THC at levels too low to trigger a psychoactive effect and are not purchased, sold or marketed with the intent of having a psychoactive effect.»

It came about because of low oil prices, and it led to a higher dependence on imports.»

In 2013, U.S. crude oil imports were 541 million barrels lower than in 2010, a 16 percent decrease, according to the U.S. Energy Information Administration (EIA).

When mitigating anthropogenic global warming is projected to require greater than 80 % lower fossil energy use, how do we provide the transport fuel and energy for rapid growth by developing countries while sustaining OECD economic growth when the Available Net Exports of crude oil — after China and India's imports — have already declined 13 % since 2005, and Saudi Arabia may need to import oil by 2030?

Domestic oil production is at a 15 - year high while oil imports are at a 15 - year low.

(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

The gift that is American energy is seen in some key numbers: domestic crude oil production reaching more than 9 million barrels per day last month, the highest level in more than two decades, according to the U.S. Energy Information Administration (EIA); total U.S. net imports of energy as a share of energy consumption falling to their lowest level in nearly 30 years during the first six months of this year; gasoline prices dropping to an average of $ 2.47 per gallon last week, their lowest point since May 2009, according to the Lundberg Survey Inc..

It is representative of the modified hybrids that clean - car promoters and hobbyists have been building, partly for fun, partly to show how wide adoption of plug - ins could lead to dramatically lower gasoline consumption and oil imports.

The second part of Clinton's comment first: Increased domestic oil production has lowered imports and made the United States more energy self - sufficient than it has been in two decades.

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.

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.

The big differences come with low oil prices, you're still importing, with a low technology case you're still importing.

Present efforts to keep fuel prices low while simultaneously trying to significantly reduce oil imports and greenhouse gas emissions are inconsistent.

By boosting the amount of renewable, domestic energy sources used to generate the country's electricity, the DOE may be aiming to accomplish two goals: (1) ensure that electric vehicles live up to their full, low - carbon potential, and (2) reduce net oil imports, which are significant.