That is certainly good for the living standards of people in societies that are
dependent on oil imports for production, transportation and heating.
For any nation, the ability to create more of their own fuel and be less
dependent on oil imports can have economic benefits.
The Bush administration has stated a desire to reduce American
reliance on oil imported from unsavory suppliers; John Kerry has declared that «no young American in uniform ought to ever be held hostage to America's dependence on oil from the Middle East.»
To reduce
dependence on oil imports and curtail pollution, the Chinese government is promoting what it considers a strategic industry by subsidizing both companies and consumers.
Oil sands advocates have seen an opening, however, in Americans» perpetual nervousness over its reliance
on oil imports from unfriendly and autocratic regimes, as well as a newly restive Middle East, and have increasingly argued for Canadian petroleum as an alternative to «conflict oil» tanked in from dodgier countries.
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.
A domestic oil boom means the US was relying
less on oil imports, and the administration says other pipeline projects will allow it to get its own oil down to the refineries on the Gulf of Mexico: it doesn't need Keystone.
The issue is not whether the U.S. can significantly reduce its reliance
on oil imports with domestic, offshore oil, say both Kaufman and Nathan, but whether there is enough that is recoverable to significantly lower the price of a barrel of oil on the global market.
In short, there isn't that much there (an estimated 200,000 barrels per day...), it will take a while to bring it online -LRB-... by 2030), and it will have little
impact on oil imports or prices that consumers pay at the pump.
«The over-reliance of
America on oil imports and the need to improve air quality in our cities by reducing pollution from automobiles.»
Both candidates in 2012 are on the same page of «energy security», which is understood as overcoming the current
dependence on oil imports, especially from the Middle East.
Heavily
reliant on oil imports and with an annual energy deficit of 3,478 GWh as of 2009, electricity in Lebanon is for the most part generated by hydroelectric and thermal generation at present and in addition, there are power reliability issues «such as load shedding, technical losses, and the aging of power plants», which again the addition of dispatchable renewable energy facilities is intended to counteract.
China has set an ambitious target of putting 5 million electric or plug - in hybrid vehicles on the country's roads by 2020, part of Beijing's efforts to fight pollution and reduce
reliance on oil imports.
The Renewable Fuel Standard (RFS) program, which then - President George W. Bush signed into law in 2007, requires energy companies to blend ethanol and biodiesel into gasoline and diesel fuel to reduce greenhouse gas emissions and reliance
on oil imports, while helping rural farmers.
In contrast, EPA's estimate for the total gains from avoided climate change damages as well as other factors (such as reduced macroeconomic volatility from reduced reliance
on oil imports), might yield as little as $ 29 billion in the year 2040, in the scenario where the «social cost of carbon» is relatively low.
The confidential report, based on a detailed economic analysis of the effect of biofuels, will put pressure on the American and European governments, which have turned to biofuels in attempts to reduce the greenhouse gases associated with fossil fuels and to reduce their reliance
on oil imports.
Some of the poorest countries in the world are so dependent
on oil imports that their already fragile economies have been hit 10 times as hard as the U.S. economy by the oil price shocks of the past years.
Hydrogen can be produced domestically from several sources, reducing our dependence
on oil imports.
Further focus on efficiency and innovation is the only realistic method of reducing US dependence
on oil imports — especially from those nations hostile to us.