Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719268363
Category :
Languages : en
Pages : 50
Book Description
Assessment of Factors Affecting the Availability of U.S. Oil Supplies From the Caribbean
Assessment of Factors Affecting the Availability of US Oil Supplies from the Caribbean
Assessment of Factors Affecting the Availability of U. S. Oil Supplies from the Caribbean
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719268363
Category :
Languages : en
Pages : 50
Book Description
Assessment of Factors Affecting the Availability of U.S. Oil Supplies From the Caribbean
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719268363
Category :
Languages : en
Pages : 50
Book Description
Assessment of Factors Affecting the Availability of U.S. Oil Supplies From the Caribbean
Assessment of Factors Affecting the Availability of U.S. Oil Supplies from the Caribbean
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 52
Book Description
GAO found that the ability and willingness of individual Caribbean oil producers and refiners to continue or to increase production and exports to the United States depend on complex and interrelated political, economic, financial, technical, and foreign policy considerations. Mexico and Venezuela have substantial oil reserves; however, both countries have nationalized their oil industries and restrict foreign investment in the petroleum sector, and both comply with production quotas set by the Organization of Petroleum Exporting Countries and have curtailed or delayed maintenance and development of oil facilities due to financial difficulties and in response to the current weak oil market. Furthermore, Trinidad and Tobago is rapidly depleting its known crude oil reserves. Future exports of refined petroleum products from Venezuela may be limited because the national oil company has postponed the upgrade of two refineries, and Mexico does not plan to be a refined product exporter. Other Caribbean refineries are closing down due to the worldwide excess of petroleum refining capacity and operating restrictions. Although the security of Caribbean oil facilities and transportation systems is vital to the United States, officials perceive little immediate threat from the current unrest in Central America. Finally, international assistance programs designed to develop alternative energy resources assist oil-consuming rather than oil-producing countries.
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 52
Book Description
GAO found that the ability and willingness of individual Caribbean oil producers and refiners to continue or to increase production and exports to the United States depend on complex and interrelated political, economic, financial, technical, and foreign policy considerations. Mexico and Venezuela have substantial oil reserves; however, both countries have nationalized their oil industries and restrict foreign investment in the petroleum sector, and both comply with production quotas set by the Organization of Petroleum Exporting Countries and have curtailed or delayed maintenance and development of oil facilities due to financial difficulties and in response to the current weak oil market. Furthermore, Trinidad and Tobago is rapidly depleting its known crude oil reserves. Future exports of refined petroleum products from Venezuela may be limited because the national oil company has postponed the upgrade of two refineries, and Mexico does not plan to be a refined product exporter. Other Caribbean refineries are closing down due to the worldwide excess of petroleum refining capacity and operating restrictions. Although the security of Caribbean oil facilities and transportation systems is vital to the United States, officials perceive little immediate threat from the current unrest in Central America. Finally, international assistance programs designed to develop alternative energy resources assist oil-consuming rather than oil-producing countries.
Assessment of Factors Affecting the Availability of U.S. Oil Supplies from the Caribbean
Author:
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 38
Book Description
Due to increased U.S. reliance on Caribbean oil and unrest in neighboring Central American countries, GAO identified and discussed the various factors which may influence the supply of crude oil and refined products from various Caribbean countries. GAO found that the ability and willingness of individual Caribbean oil producers and refiners to continue or to increase production and exports to the United States depend on complex and interrelated political, economic, financial, technical, and foreign policy considerations. Mexico and Venezuela have substantial oil reserves; however, both countries have nationalized their oil industries and restrict foreign investment in the petroleum sector, and both comply with production quotas set by the Organization of Petroleum Exporting Countries and have curtailed or delayed maintenance and development of oil facilities due to financial difficulties and in response to the current weak oil market. Furthermore, Trinidad and Tobago is rapidly depleting its known crude oil reserves. Future exports of refined petroleum products from Venezuela may be limited because the national oil company has postponed the upgrade of two refineries, and Mexico does not plan to be a refined product exporter. Other Caribbean refineries are closing down due to the worldwide excess of petroleum refining capacity and operating restrictions. Although the security of Caribbean oil facilities and transportation systems is vital to the United States, officials perceive little immediate threat from the current unrest in Central America. Finally, international assistance programs designed to develop alternative energy resources assist oil-consuming rather than oil-producing countries.
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 38
Book Description
Due to increased U.S. reliance on Caribbean oil and unrest in neighboring Central American countries, GAO identified and discussed the various factors which may influence the supply of crude oil and refined products from various Caribbean countries. GAO found that the ability and willingness of individual Caribbean oil producers and refiners to continue or to increase production and exports to the United States depend on complex and interrelated political, economic, financial, technical, and foreign policy considerations. Mexico and Venezuela have substantial oil reserves; however, both countries have nationalized their oil industries and restrict foreign investment in the petroleum sector, and both comply with production quotas set by the Organization of Petroleum Exporting Countries and have curtailed or delayed maintenance and development of oil facilities due to financial difficulties and in response to the current weak oil market. Furthermore, Trinidad and Tobago is rapidly depleting its known crude oil reserves. Future exports of refined petroleum products from Venezuela may be limited because the national oil company has postponed the upgrade of two refineries, and Mexico does not plan to be a refined product exporter. Other Caribbean refineries are closing down due to the worldwide excess of petroleum refining capacity and operating restrictions. Although the security of Caribbean oil facilities and transportation systems is vital to the United States, officials perceive little immediate threat from the current unrest in Central America. Finally, international assistance programs designed to develop alternative energy resources assist oil-consuming rather than oil-producing countries.
Caribbean Energy
Author: Arnold McIntyre
Publisher: International Monetary Fund
ISBN: 1513560743
Category : Business & Economics
Languages : en
Pages : 67
Book Description
High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.
Publisher: International Monetary Fund
ISBN: 1513560743
Category : Business & Economics
Languages : en
Pages : 67
Book Description
High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.
GAO Documents
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 1040
Book Description
Catalog of reports, decisions and opinions, testimonies and speeches.
Publisher:
ISBN:
Category :
Languages : en
Pages : 1040
Book Description
Catalog of reports, decisions and opinions, testimonies and speeches.
Fossil Energy Update
Energy Research Abstracts
Publications List
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 668
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 668
Book Description