Sentences with phrase «reduce oil exports»

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.

China to reduce oil exports to North Korea.

Not exact matches

NEW YORK, April 24 - Oil prices slipped on Tuesday as concerns the United States might reinstate sanctions against Iran faded somewhat, reducing worries about the future of Iranian exports.

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.

Oil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exporOil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exporoil exports.

Domestic exports have not dipped below 1 million barrels a day since late November, as U.S. oil producers fill the void left by reduced capacity from Mexico and Venezuela.

In fact, the U.S. petroleum industry is doing their part to try to reduce the trade gap by exporting record amounts of oil and products.

Finally, the report emphasizes that Alberta must forge ahead with a more diverse economy that considers the environment, inclusive growth, export potential, just transitions, and reduced dependence on oil.

It's why a project that's really about exporting raw bitumen to foreign refineries is instead being sold as a way to reduce the risks to Canada of buying oil from far - flung producers.

(e) the conditions under which the export from Alberta of natural gas, crude oil or refined fuels by the licensee may be diverted, reduced or interrupted;

With Asia's rapidly growing need for energy imports in the early 2000s, Canada hoped to reduce its almost 100 % reliance on the United States as an export market for oil and natural gas by expanding to Asia.

While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.

Energy exporting governments must use falling costs as an prospect to reduce generous subsidies and restore their fiscal health, according to the personal arm of the Planet Financial institution Low oil rates will aid invigorate personal investment decision in the Center East according to a leading determine at the private...

Brazil was able to reduce subsidies in oil and gas, but its export business was challenged as a result of the declining oil prices, and its economy remained flat.

Reform of energy subsidies in oil - exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University's Baker Institute for Public Policy.

Strong consumer spending has picked up the slack from reduced exports, concerns about financial markets and the oil and gas industry, and the economic slowdown in China.

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.

This would serve multiple purposes, of (a) weaning us from dependence on foreign oil and simultaneously depleting terror - exporting countries of their revenue stream, (b) reducing other pollutants besides CO2, (c) encouraging a more gradual and less economically disastrous transition from an economony based on a finite resource, (d) slow global warming, (e) move us in the direction of a VAT tax rather than an income tax (actually, personally I don't think e is such a great thing, but as many conversative groups favor it, I don't see why they would oppose a revenue - neutral tax on fossil fuels.

Both would reduce the price of oil and natural gas and result in their more widespread availability for both domestic use and export.

Pair oil export ban with policies to reduce carbon emissions 2.

Halting crude oil exports would reduce drilling and fracking and could prevent up to 500 million tons of greenhouse emissions — the pollution equivalent of more than 135 coal - fired power plants, according to a report from the Center for American Progress.

By reducing domestic reliance on oil consumption, these countries hope, they can save more of their production for export (and revenue generation) abroad.

However, it has also drastically reduced the revenues of oil exporting countries, whose governments rely heavily on oil and gas royalties to finance budgets and loan repayments.