Sentences with phrase «oil exports by»

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.

[8] National Energy Board (Canada), «Canadian Crude Oil Exports by Rail — Monthly Data,» https://www.neb-one.gc.ca/nrg/sttstc/crdlndptrlmprdct/stt/cndncrdlxprtsrl-eng.html.

Not exact matches

The recession of 1973 - 1975 in the U.S. came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..

While manufacturing has shown a little weakness, the biggest difference by far is in mining — and that's where the Oil patch weakness shows up, as well as coal and metals production for export (recall how awful rail and steel have been in the Weekly Indicators for the last 4 months).

Buried in statistics released by the Energy Information Administration this week indicating the United States is exporting more crude oil than it has in 15 years is a still more startling fact: «Almost all of the crude oil exported from the United States has been delivered to Canada.»

Buried in statistics released by the Energy Information Administration this week indicating the United States is exporting more crude oil than it has in 15 years is a still more

About a half of those imports are heavy naphtha, bought by PDVSA to dilute its extra heavy oil output and make it suitable for export.

Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.

Meanwhile, the 2015 repeal of a 40 - year - old ban on crude oil exports - passed by a Republican - controlled Congress and signed by former President Barack Obama - has made strategic shipments overseas possible.

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

Black has also said he thinks his proposed refinery, by providing permanent jobs and economic benefits to British Columbians hitherto wary of oil exports, «will change the debate on the pipeline.»

Trump will decide by May 12 whether to restore sanctions on Iran that could result in a reduction of Iranian oil exports, according to Reuters.

Domestic exports have not dipped below 1 million barrels a day since late November, as U.S. oil producers fill the void left by reduced capacity from Mexico and Venezuela.

The US may export more oil in 2017 than four OPEC member states produce, according to a survey of energy analysts by Bloomberg.

Morgan Stanley also noted that oil and gas exports account for nearly 16 percent of Malaysia's gross domestic product (GDP), and the sector has been hard hit by crude prices falling below $ 50 a barrel again.

U.S. President Donald Trump will decide by May 12 whether to restore U.S. sanctions on Tehran, which would likely result in a reduction of its oil exports.

Although much of the recent drop in oil prices has been due to the prospect of higher exports from Iran in the coming months (the International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude prices should logically pass quite quickly.

The state took over YPF, an oil and gas company owned by Spanish energy company Repsol, and she feuded with soy farmers (who grow one of Argentina's biggest exports.)

The Paris - based IEA forecasts in its latest oil markets report that crude - by - rail exports will grow from 150,000 barrels a day in late 2017 to 250,000 barrels a day this year and then to 390,000 barrels a day in 2019.

For example, if Canadians considered more closely the environmental and social consequences of harvesting the oilsands, they might go about it differently than if they simply considered how much Alberta's economy will grow by exporting oil to the U.S..

Saskatchewan Premier Scott Moe said Tuesday his province will support Alberta in the fight over the Trans Mountain pipeline expansion by introducing its own legislation on oil exports.

In the case of limiting exports of refined fuel to B.C., he said, the government could argue it is simply pursuing a policy of enhancing value by relieving a glut of unprocessed oil from the oilsands for the good of its citizens.

That was followed in 2012 by Victoria newspaper publisher David Black's much more ambitious but somewhat speculative Kitimat Clean project, consisting of a $ 25 - billion oil refinery in the northern town that would create jobs and taxes in B.C. while ensuring that the exports were of finished products rather than the diluted bitumen from the oilsands whose behavior in the case of a marine spill is virtually unknown.

If Carney is right, this will add to pressure on the Canadian dollar by slashing oil, gas and coal exports even further.

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.

Not only are oil producers trying to back out from Alberta Clipper, but Enbridge itself has battled an effort by TransCanada Corp. to build another major pipeline, called Keystone XL, to export crude to the U.S..

Before the recent string of production disruptions, which were caused by militant blockades on pipelines carrying crude from three fields to export terminals, Libya was pumping over 1 million barrels of oil daily, eyeing 1.2 million bpd in output by the end of the year.

Saving oil and natural gas through efficiency gains and investment in renewables would also generate profit by allowing BC to import less oil from Alberta and to export more of the natural gas it already extracts.

By its actions, the central bank shows it clearly understands the pressing role a devalued loonie will have to play in boosting non-energy exports, as contributions from the oil economy continue to fade in the coming years.

NEW YORK, April 20 Prices for heating oil and diesel fuel traded on the U.S. East Coast are scaling multimonth highs, bolstered by unusually cold weather across the country and a surge in export demand, particularly from Brazil and Canada.

The primary beneficiaries of the Trans Mountain pipeline are Houston's Kinder Morgan, Alberta's slumping oil sector, controlled by foreign multinationals such as Exxon and Shell, and export markets in Asia, primarily China.

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 fact, the U.S. petroleum industry is doing their part to try to reduce the trade gap by exporting record amounts of oil and products.

Corpus Christi, a major refining and oil import / export center that was slammed by the hurricane, is starting to bounce back.

Determined to prevent any uprisings of this nature in their domains, oil - exporting nations have reacted to The Arab Spring by ramping up spending on social programs.

It is important for oil and refined product imports and exports, it is an important storage area for oil and refined products, and much of the Strategic Petroleum Reserve is close by.

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

(e) the conditions under which the export from Alberta of natural gas, crude oil or refined fuels by the licensee may be diverted, reduced or interrupted;

Imports from the U.S. rose 3.1 per cent in March due in large part to higher imports of passenger cars and light trucks, while exports to the U.S. rose 1.2 per cent, led primarily by higher exports of crude oil.

2014.12.12 Canada's economy to benefit from broader export demand in 2015: RBC Economics Canada's economy is expected to see higher export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...

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.

Canada's economy is expected to see higher export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...

A number of oil exporting countries have suggested a six - month extension to the oil supply cut deal agreed by OPEC countries and non-OPEC crude producers, Iraqi oil minister Jabar al - Luaibi Continue Reading

Although regulation of the oil industry lies with the provincial governments, oil exports are regulated by the National Energy Board in Canada.

Oil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digiOil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digioil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digits.

By helping energy security needs in Asia through oil and gas exports, Canada will be in a better position to work with Asian partners on other energy challenges, including energy efficiency, renewables and clean technology.

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

With Asia's rapidly growing need for energy imports in the early 2000s, Canada hoped to reduce its almost 100 % reliance on the United States as an export market for oil and natural gas by expanding to Asia.

The U.S. is by far the biggest customer for Canada's exports in natural gas, oil and hydropower.