upkdq ferbo# for 01% whmzmi5 - 2014/07/29 04:01
Some GOP lawmakers also accused the President of flip-flopping on the issue. When he was a senator, Obama criticized then-President Bush's recess appointment of John Bolton as U.S. ambassador to the United Nations. ray ban outlet WASHINGTON: Facing a growing domestic oversupply, a US crude oil producer and a pipeline company waged a quiet crusade in Washington earlier this year aimed at easing a decades-long ban on crude exports.That effort has in part paid off as the Department of Commerce gave both the go-ahead to export an ultra-light oil known as condensate, if it has been minimally refined.Any company interested in exporting condensate now has a definition for what is exportable.The approvals effectively upended decades-old guidelines that condensate had to run through a refinery or a splitter before it could be shipped abroad. The Commerce Department s action could unleash as much as $6 billion a year of condensate onto the global market, analysts say.That is a fraction of the country s daily crude output, but for Pioneer Natural Resources Co and Enterprise Products Partners LP, the benefits are clear: new homes abroad for the product will revive lackluster prices and help deal with the oversupply. Both have operations in the Eagle Ford shale in Texas, which is rich in condensate. The news rippled across markets, driving US oil up $1 a barrel, sending the value of Enterprise and Pioneer soaring, and hammering shares of major US refiners such as Valero Energy Corp. due to the potential for higher costs. Most refineries on the US Gulf Coast are built to run heavier crudes from Canada or Venezuela. Even so, the long-term impact is unclear. Some see it as the first critical step toward loosening a decades-long ban on crude exports while others viewed it as a largely symbolic move that merely clarified laws that were already on the books. This permit cracks the door open, but it s probably still in its baby steps, said Pearce Hammond, an analyst at Simmons Co International.While the White House has said there has been no change in policy for crude oil exports, the approvals fueled a debate over what might be feasible under the existing 1975 Energy Policy and Conservation Act as the US energy boom continues.The topic has emerged as one of the most contentious energy policy issues this year, and the White House is unlikely to drop the crude export ban ahead of midterm elections.Condensate exports, for some a historic shift for the US oil market, could reach 100,000 to 300,000 barrels per day by the end of the year, Citigroup said in a recent research note. That volume could double in 2015.As long as the crude has been through a stabilizer, a light form of processing, it is now deemed sufficiently processed to qualify as a refined product and therefore eligible for export without a license, the government told Pioneer and Enterprise.Other letters approving exports of stabilized content are expected, according to a refining executive, who declined to be named because of company policy. What it means is that the floodgates of exports will be opened now, said Citigroup analyst Ed Morse. Latin American oil companies are already lined up and waiting for the exports, according to one market participant.In the United States, the export clarification is welcome news for a niche group of companies that already operate or are building stabilizing capacity on the Gulf Coast. This will change the whole condensate marketing landscape, said Josh Weber, senior vice president of commercial and business development for Howard Energy Partners, a Texas company that is building a 10,000 barrels-per-day (bpd) stabilizer in the condensate-heavy Eagle Ford shale near Corpus Christi, Texas.Industry executives said the government s clarification -that minimal processing clears condensate for export is likely to raise condensate prices and create a stronger market for what has been a distressed type of crude that lacked healthy demand.A distillation tower attached to a stabilizer can remove some of the most volatile components in condensate, including butane, ethane, propane and pentanes, called the C5s. In turn, it reduces the vapor pressure. After going through the process, the liquid is still considered condensate. Historically, condensate stabilizers were used to meet pipeline specifications. Some others were more hesitant about declaring the move a game changer, because the possible volume for export is low and the costs of investment in stabilizers may be high.Reuters s cheap jordans free shipping The festival has encountered less controversy since moving across state lines and is embraced for the estimated $278 million it pumps into the Las Vegas-area economy each year. cheap jordan Los Angeles Times, via MCT Mobile Home cheap michael kors Already have a kitchen island? To help save even more floor space, install swivel stools without backs. They are a great solution, as they can be neatly tucked away after a meal or when homework is done. v cheap ugg boots uk Later a number of such devices will be installed on all car parks for special needs drivers in Fujairah. michael kors diaper bag Rice Jr., 22, played collegiately at UCLA from 2009-12 before transferring to UNLV where he appeared in nine games in 2013. During his college career, he caught 19 passes for 142 yards. z Salt and pepper to taste womens shoes australia The government of Prime Minister Nuri al-Maliki has asked for US air strikes in order to assert the Iraqi armed forces aerial superiority - a request which Obama is still considering. ugg slippers For the next couple of months, Djibouti, which is a net food-importer, could face deteriorating food security as the lean season sets in, with high food prices and soaring unemployment levels exacerbating the situation. replica michael kors How unfair. They are poets of mud and roadstone and steel. A bridge is a work of art – and useful too. http://www.aubreysantiques.com/service.php?p=fake-uggs "This is a milestone for the city," Chicago Mayor Rahm Emanuel said Tuesday after the decision was announced. "This is a tremendous opportunity for the city." cheap ray ban sunglasses ✔ cup olive oil x cheap ugg boots australia Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. cheap raybans Something you might lose in a game of golf: Your pants The frozen, microwavable product was designed as a nutritious snack for kids. One portion (four small canoes) provides a half-serving of vegetables and whole grain, as well as a good amount of fiber, vitamins A and C and calcium. ugg boots As research for All the Birds, Singing, Wyld stayed on a sheep estate in Hereford for two weeks, and observed farmers. I asked very boring questions and watched endless lambs being born and ... watched a lot of shearing.'' The performance was the eighth top-five finish through 14 races this season for Elliott, who remains third in the points standings, 11 back of leader Regan Smith. ray ban made in china Shortly before leaving for Bristol she told colleagues at a convenience store where she worked her boyfriend had assaulted her. Later she told fellow students she had been raped and showed physical injuries. "Thank you to the fireman that saved us from this nightmare," Johnny posted. "Happy for us all to be safe, thoughts to others." michael kors purses outlet Now he has the more unfortunate reputation of being the best at extracting unbelievable results out of a car that isn t capable of them. r In the absence of psychosocial services, she warned that people could turn to alcoholism or violence. ugg australia outlet Chinese diplomat Wei Hongtian said despite the closure of Chinese embassy in Mogadishu for almost two decades, China's support for Somalia has not stopped and Chinese government has been backing peace and reconciliation effort in the country. Teams are judged on how the product looks and tastes but also its nutrition, food safety and marketing plans and how the students overcame obstacles. In the case of the Walking Wok, the big challenge was the gluten-free tortilla. After 10 tries, the team ended up with a product that includes seven ingredients: brown rice flour, sorgum flour, sweet potato flour, sticky rice flour, tapioca flour, white rice flour and cornstarch. uggs for cheap CNNMoney called four major carriers to see how they are going to handle the change, but no one's talking yet. c toms on sale Everybody in my area was optimistic about this year, but our crops are not so good. We were promised subsidized tractors and other farming implements, but they came very late and in some cases other farming inputs like subsidized fertilizer never came at all. As a result, everything went horribly wrong. Even if we harvest, it will be poor - not what we expected. We live in a close-knit community and we share whatever food we have with our neighbours. jordan 3 As per the Hindi press release, the President received a copy of the Encyclopaedia of Hindutva. In the entire press release which is clearly a word-to-word translation of the one issued by the President s House in English the word Hindutva has been used wherever there was a reference to Hinduism . d He was sentenced to three years in jail, suspended after serving nine months. cheap raybans Warne is regarded as Australia's greatest bowler, claiming 708 wickets in his 145 Tests before retiring from international duties in 2007. Warne retired from the Twenty20 Big Bash last year. w No more comebacks: US World Cup ride ends with 2-1 loss in extra time to BelgiumNo more comebacks: US World Cup ride ends with 2-1 loss in extra time to BelgiumSupreme Court says employers with religious objection can avoid covering women's contraceptionSupreme Court says employers with religious objection can avoid covering women's contraceptionSupreme Court says employers with religious objection can avoid covering women's contraceptionSupreme Court says employers with religious objection can avoid covering women's contraceptionCourt appearance of Libyan militant suspected in Benghazi attacks first step in legal processCourt appearance of Libyan militant suspected in Benghazi attacks first step in legal processGolden Gate Bridge officials approve $76M funding plan for suicide barrier on iconic spanGolden Gate Bridge officials approve $76M funding plan for suicide barrier on iconic spanU.S. astronauts shave their heads after losing World Cup betU.S. astronauts shave their heads after losing World Cup betMoving on: US advances to World Cup's 2nd round despite 1-0 loss to GermanyMoving on: US advances to World Cup's 2nd round despite 1-0 loss to GermanyIs human waste an experimental drug? FDA faces challenges overseeing fecal transplant safetyIs human waste an experimental drug? FDA faces challenges overseeing fecal transplant safetyMeeting in Oklahoma centers on concerns about earthquakes, whether oil drilling is causeMeeting in Oklahoma centers on concerns about earthquakes, whether oil drilling is causeFederal appeals court says states can't ban gay marriage; ruling on hold pending Utah's appealFederal appeals court says states can't ban gay marriage; ruling on hold pending Utah's appeal cheap ugg boots Veterans are set to gain from higher indexation of the Defence Forces Retirement and Benefits schemes. uggs for cheap Commercial cheap ray ban Their experienced core has called it quits after eight grand finals in 10 years, but Rice is confident Arawang will remain a title contender. s ugg boots online Affrontements cheap air jordans free shipping "There's always an initial sticker shock when you get a GDP print which is that negative, but there is also the rational thought that follows," he said. Kuroda (5-5) won for the first time since May 28, at St. Louis, allowing three runs and eight hits in 6 1-3 innings. He walked two and struck out four. cheap toms for sale Russia – plus Germany.<br /> w uggs australia The more Debuchy impresses at this World Cup - the harder it could be for Newcastle to keep him. ugg factory outlet Do you know more? Emailscoop@smh.com.au
The administrator has disabled public write access.
