Crude oil or refined petroleum — which may have been made from
oil produced elsewhere — is the top export for six states, including Texas and North Dakota.
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.
So, using their numbers above, for each barrel shipped on KXL, you'd have somewhere between 0.08 and 0.78 barrels of increase in total consumption, with between 0.22 and 0.92 barrels of
oil which would have been
produced elsewhere being substituted - for by
oil sands production.
The sweet, light crude
oil produced in Libya is popular
elsewhere in the European market, too.
As the company has demonstrated
elsewhere in the world, it is possible to make jet fuel from plant oils — whether they come from jatropha seeds, the flowering weed camelina or any other
oil -
producing plant.
[E] ven if Keystone XL is built, prices for the crude
oil it carries as well as for domestically
produced oil from
elsewhere will continue to be affected by international events.
Elsewhere, palm
oil is widely used both for food and to
produce biodiesel.
Serious people sometimes deliver a patronizing lecture to anti-pipeline activists, telling them that restricting supply is useless, because invisible hands will simply
produce more
oil elsewhere to balance demand.