Sentences with phrase «oil imported all»

Which brings me to another advantage — domestic production of ethanol resulted in over 220 million FEWER barrels of oil imported into this country, saving over $ 16 billion going to foreign countries.
Even more dramatic are the routine U.S. military expenditures to protect access to Middle Eastern oil, which were calculated by analysts at the Rand Corporation before the most recent Iraq war to fall between $ 30 billion and $ 60 billion a year, while the oil imported from the region was worth only $ 20 billion.
To meet its biodiesel goal, the European Union, under cropland constraints, is increasingly turning to palm oil imported from Indonesia and Malaysia, a trend that depends on clearing rainforests for oil palm plantations.
«Disruptions related to oil production that occur anywhere in the world raise the price of oil for every consumer of oil, regardless of the amount of oil imported or exported by that consumer's country.»
The U.S. Energy Department said algae - based fuels have the potential to displace 17 percent of the oil imported for use in the transportation sector and in August, Sapphire secured a $ 5 million grant from the federal government to help develop the refining process for algae - based fuels.
Thus, opponents contend, Canadian oil coming through the pipeline would displace little if any oil imported from unstable, undemocratic, or unfriendly countries like Nigeria, Saudi Arabia, or Venezuela.
And for the first time in more than a decade, oil we imported accounted for less than half of the liquid fuel we consumed.
Together, the companies featuring in WWF - Australia's Scorecard account for approximately 70 per cent of the palm oil imported and used in manufactured goods in Australia.
Akabanga is a one - of - a-kind chile oil imported from Rwanda.
A recent mapping exercise by Defra shows that animal feed accounts for 20 % and 83 % of the palm oil and palm kernel oil imported into the UK respectively.
Brent crude, used to price many kinds of oil imported by U.S. refineries, was up 75 cents to $ 110.77 on the ICE Futures exchange in London.
(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.
Natural gas is poised to further displace oil imports, especially in the commercial transportation sector.
The Chinese leadership, and particularly the military, is very concerned about oil import dependency and has made a concerted effort to keep its foreign oil sources as diversified as possible.
The shift, an EIA report released on Friday noted, reflects both a steadily growing Chinese demand and flat - lining U.S. oil imports as a result of America's shale oil boom.
We referenced their numbers when we looked at the changing anatomy of U.S. oil imports, or when showing the decline in coal use over recent years.
In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.
In a story yesterday, the news agency reported that US oil imports form Africa were greater than those from the Middles East in 2006, for the first time in 21 years, according to government data.
Hypocrisy aside, it is a preferable sort of regulation in that it aims to set a standard for oil imports to meet, rather than blacklisting an entire producing region.
In 2016, the US received 18 % of its oil imports from the Persian Gulf.
The possibility of Venezuelan oil import restrictions has divided White House advisors, and now is pitting Harold Hamm, chairman and CEO of Continental Resources and energy advisor during President Trump's campaign, against U.S. refiners that import Venezuelan crude to process at their refineries.
Both Japan and China's economies rely heavily on oil imports that pass through the Strait of Malacca.
Over 80 % of China's oil imports (by sea) and around 60 % of Japan's total oil imports currently pass through the strait.
Crude oil imports from Mexico have tumbled 25 % from September 2012, and Venezuela's over 22 %.
China's Sinopec plans to cut Saudi crude oil imports loading in May by 40 percent, an official from the company's trading arm Unipec said.
«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»
The port is one of only a few in Shandong, China's main oil importing province, where Very Large Crude Carriers (VLCCs) carrying 2 million barrels of oil per trip can discharge oil to be pumped through pipelines for state and private refineries.
China's Sinopec, Asia's largest refiner, plans to cut Saudi crude oil imports loading in May by 40 percent after national oil company Saudi Aramco set higher - than - expected prices, an official from the company's trading arm Unipec said.
The administration has indeed granted 20 waivers, to countries that made significant reductions in Iranian oil imports.
The United Nations Security Council on Monday unanimously approved new sanctions against North Korea, the harshest yet — capping North Korea's oil imports, banning textile exports, ending additional overseas labor contracts.
Bartlett built a model that mirrors StatsCan's methodology for tallying quarterly GDP and that also includes some U.S. indicators, such as oil imports.
Now our oil imports have plummeted, our clean energy industry is booming, and America is a global leader in the fight against climate change.
In this case, the pipeline expansion was further complicated by the fact that a related Enbridge pipeline involved in oil imports from Canada spilled nearly one million gallons of oil in Marshall, Mich., in July 2010 after tape intended to prevent corrosion on the pipeline failed.
«Following Russia's recent acceptance of the renminbi as payments for oil, we expect more record high oil imports ahead to China,» Gordon Kwan, the Hong Kong - based head of regional oil and gas research at Nomura Holdings Inc., said in an e-mail, referring to the Chinese currency.
Modeling the precise impact of a total shutdown of oil imports is hard (hence the computer models).
Last November, the International Monetary Fund (IMF) commended the government of Mali's deficit reduction, praising GDP growth of more than 5 % arising from strong harvests and government spending, even as the cost of oil imports moved higher.
The study said the carbon tax would lower pollution by 20 per cent by 2050 and prevent oil imports from rising.
U.S. oil production peaked in April at 9.6 million barrels per day, and since then oil imports have started to move up, jumping more than a half million barrels per day.
S&P Platts said at the start of this week that analysts it polled had forecast a 2.4 - million - barrel build in crude oil stockpiles, with the agency warning this would pressure prices, along with a surge in oil imports.
Corpus Christi, a major refining and oil import / export center that was slammed by the hurricane, is starting to bounce back.
Maduro's administration has pointedly claimed that the people who will be hurt most by the sanctions aimed at stymieing the nation's ballooning debt will be shareholders in the U.S. Indeed, there is outcry that the potential banning of oil imports from Venezuela — the 3rd biggest supplier of oil to the U.S. behind Canada and Saudi Arabia — will dramatically drive up gasoline prices and hurt the U.S. job market.
In the first eight months of the year, Saudi Arabia accounted for less than 8 percent of eastern Canada's oil imports.
In a separate report today, CIBC World Markets economists noted in a report today that the oil sands are already on track to become the biggest single source of oil imports to the United States this year.
A more severe action reportedly under consideration would be a ban on Venezuelan crude oil imports into the U.S., which would likely have far - reaching implications for Venezuela, the U.S., and the oil market.
That works out to 67 percent of the value of Canada's total merchandise trade surplus with the U.S. of about C$ 76 billion — and 41 percent of U.S. crude oil imports in 2016.
This marks the provision's first use since the U.S. banned oil imports from Libya in 1982.
Crude oil imports registered an 11.4 percent increase to ¥ 711.3 billion, up for the 14th straight month.
China's copper imports did jump nearly 10 percent to 460,000 tons and oil imports also rose.
Oil imports into Canada account for about 20 - 25 percent of the total exports, with the US meeting more than 50 percent of the import requirements.
The EIA reported that U.S. crude oil imports in 2015 were down 27 percent from their high in 2005, when the shale oil revolution was just getting under way.
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