Business English Lite | U.S. allows limited sales of crude to Mexico 米国、メキシコへの原油販売を部分解禁

2015/09/02

U.S. allows limited sales of crude to Mexico 米国、メキシコへの原油販売を部分解禁

On August 14, President Barack Obama decided to allow American firms to swap oil with Mexico. This could be the start of a process of lifting the ban on crude oil exports, which has been effective since the 1970s.

The ban was America’s answer to the oil embargo imposed in 1973 by the Organization of Arab Petroleum Exporting Countries (OAPEC). It has now lost relevance because of the sharp drop in oil prices and increased domestic supply. Therefore critics, including Republicans, have been strongly demanding the waiver of the ban.

The licenses to export U.S. crude in exchange for imported Mexican oil will be formally issued by the end of this month. Mexico's state oil company Pemex had already said that it is planning to exchange about 100,000 barrels per day.

The approval will also find favor with domestic oil companies such as Pioneer Natural Resources and ConocoPhillips, who have been forced to sell oil at below global market prices because of the shale oil boom.

Key Vocabularies :

license [noun] ライセンス、使用許諾。貿易を行うために当局から得た許可, answer [noun] 答える、応じる。を受けて行った何か, effective [adj] 有効な、効果的な。施行中、効力を有する, relevance [noun] 関連性、妥当性。現代社会または文化において意味がある, favor [noun] 支持。賛同、支援、または支持率,

Quiz

本文の内容や単語について問う問題です。問題は全部で5問あります。是非チャレンジしてみて下さい。

1. America now has sufficient domestic oil.

2. Other oil producing countries are exporting oil.

3. The ban was imposed by the Democrats.

4. All of the above.

1. OOPEE.

2. AEOEC.

3. POAEC.

4. OAPEC.

1. 1970.

2. 1973.

3. 1979.

4. 1980.

1. Regulation.

2. Connection.

3. Rejection.

4. Ruling.

1. Swap.

2. Produce.

3. Use.

4. Ban.

1. They are able to get a good price in the domestic market.

2. They are now focusing on shale oil instead of other oils.

3. They have had to sell oil below market prices.

4. They rely on Mexico to sell refined products such as petroleum.

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U.S. allows limited sales of crude to Mexico 米国、メキシコへの原油販売を部分解禁

Quiz

1.
According to the article, why is the ban on export of crude oil criticized in America?

2.
The oil embargo was imposed by

3.
When was the oil embargo imposed by OAPEC?

4.
Critics have been strongly demanding the waiver of the ban.
In the above sentence, what does the word waiver mean?

5.
President Obama decided to allow American firms to ______ oil with Mexico.
Which of the following can be used to complete the sentence?

6.
Based on the information in the article, how has the shale oil boom affected domestic oil companies in America?

U.S. allows limited sales of crude to Mexico 米国、メキシコへの原油販売を部分解禁

Quiz

1. According to the article, why is the ban on export of crude oil criticized in America?

2. The oil embargo was imposed by

3. When was the oil embargo imposed by OAPEC?

4. Critics have been strongly demanding the waiver of the ban.In the above sentence, what does the word waiver mean?

5. President Obama decided to allow American firms to ______ oil with Mexico.Which of the following can be used to complete the sentence?

6. Based on the information in the article, how has the shale oil boom affected domestic oil companies in America?

1.
According to the article, why is the ban on export of crude oil criticized in America?

2.
The oil embargo was imposed by

3.
When was the oil embargo imposed by OAPEC?

4.
Critics have been strongly demanding the waiver of the ban.
In the above sentence, what does the word waiver mean?

5.
President Obama decided to allow American firms to ______ oil with Mexico.
Which of the following can be used to complete the sentence?

6.
Based on the information in the article, how has the shale oil boom affected domestic oil companies in America?