US allowed to sell their oil abroad
government
loosening restrictions on oil exports
abroad - in August can already start
the first deliveries. Resolution for sale
and transportation of petroleum products
(Oil and gas condensate) received two
American companies - Pioneer Natural
Resources and Enterprise Products Partners. Experts believe
now that many companies want to
obtain such permission and turn
to government statements.
Recall in US crude oil for sale
It was banned in 1970 and allowed
only export finished product
of oil - fuel (petrol, diesel). AT
recent months, the oil produced in
the country has increased due to the development
and the development of shale oil production. Such
Condensation is cheaper than oil at $ 10,
so producers became unprofitable
sell it at home - export
it may be at a higher price.
The problem now is,
that when at a resolution on the export of oil
overseas prices are not for the Americans
grow. Even more controversial
It looks lifting export ban in
current conditions - with the crisis in Iraq,
Libya and Ukraine.
According to experts, the resolution
condensate exports - a sensible move, he
It will help improve the situation for the US
oil and gas companies. However, their
pitfalls found in the experts
from other areas. extracting shale
Oil is risky and expensive, the same
It goes for transportation:
standard container transportation often
do not stand shale oil, they
burst and explode. Panic and beat
environmentalists - for production of raw materials need to
produce hydraulic fracturing that
eventually kill all life around.
Related posts
Wall Street indexes first time
Wall Street indexes the first time in 4 sessions showed an increase stock US stocks rose yesterday. good Service was assisted by positive data retail...
Ruble rises in price after volatile
Ruble rises in price after a volatile start of trading on Tuesday, Today Russian Ruble continues the strengthening of the dollar and the euro in the...
Experts argue that Fed decision
Experts argue that the Fed decision will affect the ruble Many economists have a few weeks assert that Fed from tightening monetary policy affected...
Next posts
- Separate proposals on taxation
- Bashneft and General Electric
- MED submitted to government draft
No comments:
Post a Comment