Author: United States Accounting Office (GAO)Publisher: Createspace Independent Publishing Platform
ISBN: 9781721601134
Category :
Languages : en
Pages : 48
Book Description
Factors Influencing the Size of the U.S. Strategic Petroleum Reserve
Factors Influencing the Size of the U. S. Strategic Petroleum Reserve
Author: United States Accounting Office (GAO)Publisher: Createspace Independent Publishing Platform
ISBN: 9781721601134
Category :
Languages : en
Pages : 48
Book Description
Factors Influencing the Size of the U.S. Strategic Petroleum Reserve
Strategic Petroleum Reserve
Author: United States Government Accountability OfficePublisher: Createspace Independent Publishing Platform
ISBN: 9781976366987
Category :
Languages : en
Pages : 72
Book Description
Congress authorized the Strategic Petroleum Reserve (SPR), operated by the Department of Energy (DOE), to release oil to the market during supply disruptions and protect the U.S. economy from damage. The reserve can store up to 727 million barrels of crude oil, and currently contains enough oil to offset 59 days of U.S. oil imports. GAO answered the following questions: (1) What factors do experts recommend be considered when filling and using the SPR? (2) To what extent can the SPR protect the U.S. economy from damage during oil supply disruptions? (3) Under what circumstances would an SPR larger than its current size be warranted? As part of this study, GAO developed oil supply disruption scenarios, used models to estimate potential economic harm, and convened 13 experts in conjunction with the National Academy of Sciences.
Strategic Petroleum Reserve
Author: Albert L. StraitPublisher:
ISBN: 9781606922903
Category : Energy policy
Languages : en
Pages : 0
Book Description
The Strategic Petroleum Reserve (SPR) was created in 1975 to help protect the U.S. economy from oil supply disruptions and it currently holds about 700 million barrels of crude oil. The Energy Policy Act of 2005 required the Department of Energy to expand the Strategic Petroleum Reserve's maximum storage capacity to 1 billion barrels of crude oil. As the Department of Energy (DOE) begins to expand the SPR, past experiences can help inform future efforts to fill the reserve in the most cost-effective manner. Thus, this book will focus on the factors that experts recommend be considered when filling and using the SPR, to what extent the SPR can protect the U.S. economy from damage during oil supply disruptions and under what circumstances would an SPR larger than its current size be warranted. As part of this book, GAO developed oil supply disruption scenarios, used models to estimate potential economic harm, and convened 13 experts in conjunction with the National Academy of Sciences. This is an edited, excerpted and augmented edition of a GAO and U.S. Department of Energy publication.
Strategic Petroleum Reserve
Author: United States. Government Accountability OfficePublisher: DIANE Publishing
ISBN: 9781422311455
Category : Energy policy
Languages : en
Pages : 72
Book Description
Factors Influencing the Size of the U.S. Strategic Petroleum Reserve
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 56
Book Description
Strategic Petroleum Reserve
Author: United States. Government Accountability OfficePublisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 66
Book Description
Strategic Petroleum Reserve
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 68
Book Description
U.S. Strategic Petroleum Reserve at a Turning Point -- Management of Cost, Oil Supply Problems, and Future Site Development
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Governmental investigations
Languages : en
Pages : 74
Book Description
Current Condition of the Strategic Petroleum Reserve
Author: United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy and Mineral ResourcesPublisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 538
Book Description
The Strategic Petroleum Reserve
Author: Bruce A. BeaubouefPublisher: Texas A&M University Press
ISBN: 9781585446001
Category : History
Languages : en
Pages : 366
Book Description
In 1973, the United States and other western countries were shocked by the Arab oil embargo. Lines formed at gasoline pumps; fuel stations ran out of supply; prices skyrocketed; and the nation realized its vulnerability to decisions made by leaders of countries half a world away. In response, the U.S. Strategic Petroleum Reserve (SPR), which was signed into law by President Gerald Ford in 1975, has become the nation’s primary tool of energy policy. Following its first major use during the Persian Gulf War of 1991, officials and policy makers at the highest levels increasingly turned to the SPR to stave off shortages and mitigate rising energy prices. Author and historian Bruce A. Beaubouef examines, for the first time, the interactions that have shaped the development of the SPR. He argues that the SPR has survived because it is a passive regulatory tool that serves to protect energy consumers and petroleum consumption and does not compete with the American oil industry. Indeed, by the late twentieth century, as American import dependency reached new heights, refiners and transporters increasingly relied upon the SPR as a ready resource to help maintain feedstock when supplies were tight or disrupted. In a time of continued vulnerability, this definitive work will be of interest to those concerned with the history, economy, and politics of the oil and gas industry, as well as to historians and practitioners of oil and energy policy.