Report reflects key actions undertaken by Governmental Agencies impacting the current and future oil environment. These rulings / adjustments to existing regulations could impact trade flows and / or impact project timing with an impact on Capital Expenditures.
Report considers changes in environmental regulations, Court rulings impacting projects, changes in bio-fuels mandates and potential significant energy flow impacts from initial Governmental decisions.
Governmental Agency Rulings including -
- U.S. Department of Energy Bureau of Industry and Security (BIS) approved a request from two (2) companies to export distilled (lightly processed) condensate from the U.S. This is the first approval granted and could open the door to a significant increase in distilled condensate and potentially distilled crude oil from U.S. - A GAME CHANGER!
- Canada's National Energy Board (NEB) delays its decision on the Trans-Mountain Pipeline that will bring Canadian Oil Sands crude to Burnaby and Vancouver.
- Canada's Transportation Safety Board mandates the phase-out of older rail-cars and then U.S. agency follows-up with similar ruling
- India to end diesel subsidies while Indonesia moving to fixed fuel subsidy plan (both done to reduce Government budget deficits)
- China to double crude import license to Independent refiners
- Court Rulings
- Canada's Supreme Court favors aboriginal's claims to lands putting Northern Gateway Pipeline proposal at risk
- New York State Supreme Court ruling effectively ends fracking debate in New York State
- Australia moves to repeal is carbon tax
- European Union places limit on food-based biofuels
- DOE approved reduction in 2014 biofuel targets
- China repeals its sale tax on "green vehicles"
- Japan providing subsidies and tax breaks on fuel cell vehicles
Reasons to buy
- The report will enhance your understanding of the impact of changing regulations on industry fundamentals.
- Canada's decision to delay pipeline construction that would bring crude oil to their West Coast has infrastructure capital impacts as well as future trade flows
- U.S. decision to allow distilled condensate exports opens-up opportunities to export condensate to South America / Asia and impact condensate splitter economics on proposed plants in U.S.
- Changes in biofuel mandates in OECD countries would impact entire bio-fuel supply chain
- Similar rail-car regulation in Canada & U.S. could promote rail transportation for incremental crude production in both Canada and U.S.
Table of Contents
- U.S. Permits Distilled Condensate Exports from U.S.
- China to Double Crude Import Licences to "Teapot" Refineries
- What the Frac - New York State Court of Appeals Upholds Municipalities Fracking Bans
- Canada's National Energy Board (NEB) Delays Decision on Trans-Mountain Pipeline
- Canada's Transportation Safety Board Mandates Phase-out of Older Rail-Cars
- Department of Energy (DOE) Approves Million Barrel Gasoline Reserve in U.S. Northeast
- India Planning to End Diesel Price Subsidies: Indonesia Moving to Fixed-Fuel Subsidy Plan
- US Environmental Protection Agency Expected to Reduce Biofuels Mandates for 2014
- European Union (EU) to Limit Food Based Biofuels Used in Transport Fuels
- Canada's Supreme Court Recognizes Aboriginal Title to a Specific Piece of Land
- Proposal to Increase Federal Gasoline and Diesel Tax in U.S
- China to Eliminate Sales Tax on Green Cars
- Japan Providing Subsidies and Tax Breaks for Fuel Cell Vechicles
- Diesel Sulfur Product Specification in Russia Changing
- Australia Repeals Carbon Tax