Sentences with phrase «oil export restrictions»

Not exact matches

«The Obama Administration is already studying whether to lift the restrictions on oil exports, but this is something that is likely to face a lot of opposition in Congress from both Democrats and Republicans, who worry that lifting the restrictions could cause gasoline prices to rise,» said Herman Wang, senior editor of oil news at Platts.

Indeed, the US is so awash in oil that, even as Obama ponders his decision on Keystone, the American Petroleum Institute is working hard to remove restrictions on exporting crude that date back to 1975.

In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S. will become a net exporter of energy by as early as 2022, thanks in large part to the boom in shale oil and liquefied natural gas (LNG) production as well as the relaxation of export restrictions.

Today rumors picked up speed that parties to the spending bill negotiations have reached some sort of deal, pursuant to which a relaxation of restrictions on oil exports would be traded for an extension of the wind energy industry's primary subsidy, known as the production tax credit («PTC»).

For decades, the government has imposed restrictions on exporting domestically produced crude oil but not on refined petroleum products such as gasoline and diesel fuel.

Advise non-U.S.-based oil and gas corporations and service companies on ongoing basis in connection with review of U.S. export controls, sanctions policies, and foreign ownership restrictions in connection with global operations and specific business contacts with United States.