Sentences with phrase «oil importing nations»

Not exact matches

While U.S. exports are soaring, its imports are falling - reducing its economic and political dependence on oil - producing nations in the Middle East and elsewhere.
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.
For the Middle East's oil - importing nations, economic growth is expected to remain steady at...
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.
BYD's green vehicles may strike a chord with China authorities eager to promote alternative - fuel platforms to reduce the nation's growing dependence on imported oil.
Meanwhile, the price drop is expected to help the growth of oil - importing nations, including India.
Meanwhile we keep burning oil while the world develops new energy technologies, china beats us in supercompuing, europe beats us in particle science, we are number 15 in internet access in developed nations, we have to import indians to do our tech jobs in silicon valley....
«His weak green light to renewable fuels, refusal to cut fossil fuel subsidies and his call for further imports, completely undermines last year's recognition of the need to end the nation's oil addiction,» she said.
As a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.
Faced with water scarcity and reliance on food imports — and flush with oil wealth that the nation knows can't last forever — Qatar sees science and a «knowledge - based economy» as the ways forward.
These challenges include increasing our nation's energy capacity; reducing dependence on imported oil; and detecting, mitigating and preventing the environmental impacts of legacy waste and energy generation and use.
Similarly, while some fuel - importing nations may see an overall benefit in terms of their trade deficits, there are plenty of oil producing countries who will lose out as demand falls and oil prices remain depressed.
And when it comes to the oil we import from other nations, obviously we've got to look at neighbors like Canada and Mexico that are stable and steady and reliable sources.
As oil exporting nations experience both declining oil production and increased domestic oil consumption, they will reduce oil exports to the U.S. Because the U.S. is highly dependent on imported oil for transportation, food production, industry, and residential heating, the nation will experience the impacts of declining oil supplies sooner and more severely than much of the world.
As much as the various embargoes, supply crunches and other problems have kcost us as a nation., no one wants to pay any of his / her own money NOT to import oil, as evidenced by the beating back of all attempts tax energy or oil in favor of subsidies right and left.
Others note that Germany is a nation with nine direct neighbors and imports 100 % of its consumed uranium, 98 % of its oil, 82 % of its natural gas, and 77 % of its hard coal — and the bulk of oil and gas imports, about 35 % each (more than the EU average), come from Russia.
Let's reword all this and say that we want to improve energy efficiency and reduce waste and real pollution wherever we can, we want to move away from ever scarcer and costlier fossil fuels, particularly those that have to be imported from a price - fixing cartel of nations that are generally hostile to us and we want to develop new domestic sources of energy, be that shale oil and gas, new biofuels (not silly corn - to - ethanol schemes) and other renewable energy sources, etc..
It is unlikely that DOE's current level of R&D funding or the nation's current energy policies will be sufficient to deploy alternative energy sources in the next 25 years that will reverse our growing dependence on imported oil or the adverse environmental effects of using conventional fossil energy.
Inglis touts a carbon tax as a classic win - win - win because it makes the nation less reliant on oil imports from enemies, creates homegrown clean technology jobs and cleans up air sullied with pollutants from burning fossil fuels.
ALEC's resolution also notes that the United States currently depends on foreign imports for more than half of its petroleum usage and the nation's dependence on overseas oil has created difficult geopolitical relationships with potentially damaging consequences for our national security.
For many, debt is heavily driven by the need to import oil that at today's oil prices can not be paid for by sales of agricultural products, textiles, and other typical developing nation exports.
That reality, among other risks, and the fact that our current transportation infrastructure is locked in to oil, should be sufficient to convince any objective observer that oil dependence today creates serious and pressing dangers for the US and other oil - importing nations.
Oil Tax credit for this car — we import $ 200 billion in oil every year going to nations that despise Oil Tax credit for this car — we import $ 200 billion in oil every year going to nations that despise oil every year going to nations that despise us.
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years
This has a gasoline displacement potential of 6.5 million barrels of oil equivalent per day, or 52 % of the nation's oil imports.
For any nation, the ability to create more of their own fuel and be less dependent on oil imports can have economic benefits.
For a minuscule investment, the nation has saved tens of millions of dollars on oil it would have otherwise had to import, not to mention gained the added security of greater energy independence and cleaner air.
Even the best waste energy, foul the air, accelerate global warming and shackle the nation's security, as well as its economy, to imported oil.
If that doesn't sound like advantage enough, consider this: By exchanging a single - source (oil) transportation system for a multisource system that makes greater use of the nation's domestically obtainable fuel sources, America automatically enhances its national security, which in turn reduces the financial burden of having to defend America's sources of imported oil, which in turn frees up billions of tax dollars for more worthy endeavors.
«The world's poor are the most vulnerable to price fluctuations in such commodities — in addition, many of the world's developing nations also depend on imports of crude oil, which is now trading at near record high prices.
It broadened into an examination of national pipeline safety issues, and how unprepared the nation is for the impending flood of imports of a more corrosive and more dangerous form of oil.
He served as a judge for the Southern District of New York from 1994 through 2010, and presided over cases involving, for example, Megan's Law, the Million Youth March, Al Franken's use of the phrase «Fair and Balanced» in the title of a book, the Naked Cowboy, the Google Books settlement, the United Nations Oil for Food Program, an Afghan warlord charged with conspiring to import heroin, and the guilty plea and sentencing of financier Bernard L. Madoff.
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