With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude -
oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.
Not exact matches
The powers conveyed by
Bill 12 are much broader than that: since these proposed licenses could be instituted such that they are only required by certain firms, the Minister could stipulate that a particular
oil company was no longer able to
export crude - by - rail (the method of
export) to BC (the point of
export), for example.
Last week,
Bill McCaffrey, chief executive of
oil sands producer MEG Energy Corp., said his company is considering such
exports as it becomes easier to move Canadian crude to Houston through expansions of the pipeline network.
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.
It builds on other signs that common ground can be found on boosting community resilience to coastal and climatic hazards and even on renewable energy, as was illustrated in passage of a big spending
bill in December extending tax credits for solar and wind energy (even as it ended the 40 - year - old ban on
oil exports, a move with minor environmental consequences, as Michael Levi of the Council on Foreign Relations explained).
That's right, the very first priority after the triumphant 2014 Elections for the Republicans is energy, its Big
Oil's agenda, a corporate pipeline project... and now oil exports and all of big oil's wish list are being tacked onto this bill as amendmen
Oil's agenda, a corporate pipeline project... and now
oil exports and all of big oil's wish list are being tacked onto this bill as amendmen
oil exports and all of big
oil's wish list are being tacked onto this bill as amendmen
oil's wish list are being tacked onto this
bill as amendments.
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»).
The
bill would fulfill one of Murkowski's biggest energy priorities and allow American
oil companies to
export crude
oil as they do petroleum products.
The Hill: Sens. Lisa Murkowski (R - Alaska) and Heidi Heitkamp (D - N.D.) have introduced a
bill to lift the 40 - year - old ban on crude
oil exports.
Meanwhile, campaigners plan to use the agreement to push Obama to stop Congress lifting a ban on
oil exports in the budget
bill, and to phase out fossil fuel extraction on public lands.