Sentences with phrase «oil exports go»

Finally, 98 % of Canada's oil exports go the the United States, a country which has significantly ramped up oil production recently — and will only continue to do so in the future.

Not exact matches

Ninety - seven per cent of Canadian oil exports now go to the U.S.

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..

At present, almost all Canadian exports of oil and gas go to the U.S., which is becoming once again a major producer in its own right, and a potential competitor for offshore markets.

Venezuela, an oil - rich nation that went on a spending spree, is struggling to meet $ 10 billion in debt obligations this year, since 95 percent of export earnings depend on crude.

«I don't know where the exported oil will go.»

Russia for instance, had to use its oil export proceeds to repay the IMF for the 1996 loan that went into the hands of Yeltsin's banking insiders.

But if this article was meant to convey an opinion (i.e. «We shouldn't export oil because higher pump prices are an unstoppable evil») then you might as well argue that we shouldn't export ANY goods because that causes the price of those good to go up at home.

In the same year, the USA received 3 % of Libya's exported oil, while 11 % went to China.

These stats show that inflation is now at its lowest after revolution and growth rate is going to be positive, around % 5 (not considering oil exports), for the 4th year in a row.

This industrialisation, he indicated, would go hand - in - hand with improving the productivity of agriculture, spurred on by the production and marketing of additional cash crops such as cotton, coffee, oil palm, cashew and maize, which will boost export earnings for the country.

According to President Akufo - Addo, as a relatively new entrant in the league of oil - producing countries, Ghana is not going to treat her oil like she has done with gold, and allow it to be exported in its raw material form as crude.

«Their biggest source of revenue is exporting oil, and a lot of that goes into the United States.»

September 20, 2016 • Analysts say Saudi Arabia's national oil company may be trying to buy a refinery in the U.S.. It's part of an effort to build an economy that goes beyond oil exports.

This is not to say that interest rates can not go up in Canada since the world is currently undergoing a resource bust, and the United States has begun exporting more oil, even trying to recently open the market to Europe, both of which Canada is relatively dependent upon.

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.

Dr. Depledge notes that Saudi Arabia and many other oil - exporting states only joined the Kyoto Protocol once it became clear it was going to take effect.

Demand destruction is occurring as we speak, oilers are going to low EROEI resources as the good stuff dwindles, previously net exporting countries are keeping the oil for themselves, statistical reports are «hiding the decline» as they try to substitute other liquids for crude, and then you have that article that Bain linked to anecdotally.

«The closest that Energy East will get to a Canadian refinery is the Irving Refinery in New Brunswick, but even there, oil transported on the pipeline will not go to the refinery itself; instead it will be delivered to a new oil export terminal.»

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