Strategic Petroleum Reserve, Expansion of Reserve PDF Download

Author: United States. Strategic Petroleum Reserve Office
Publisher:
ISBN:
Category : Environmental impact statements
Languages : en
Pages : 398

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Book Description

Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power
Publisher:
ISBN:
Category : Petroleum reserves
Languages : en
Pages : 96

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Author:
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 29

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Book Description

Author: United States. Strategic Petroleum Reserve Office
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 416

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Book Description

Author: United States. Strategic Petroleum Reserve Office
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 404

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Book Description

Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976366987
Category :
Languages : en
Pages : 72

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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.

Author: Albert L. Strait
Publisher:
ISBN: 9781606922903
Category : Energy policy
Languages : en
Pages : 0

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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.

Author: Robert Bamberger
Publisher: DIANE Publishing
ISBN: 1437922643
Category : Technology & Engineering
Languages : en
Pages : 18

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Book Description
Contents: (1) History of the Strategic Petroleum Reserve (SPR): Establishment of the SPR; (2) The Drawdown Authorities: Proposals in the 111th Congress to Amend the Authorities; (3) Acquisition of Crude Oil for the SPR: Resumption of Fill (2009); Royalty-in-Kind Acquisition; (4) When Should the SPR Be Used?: The Debate Over the Years; Use of the SPR in the Persian Gulf War (1990); Hurricanes and Changes in the Market Dynamics (2005-2008); The Call for an SPR Drawdown: Summer 2008; (5) Establishment of a Regional Home Heating Oil Reserve.

Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 68

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Book Description

Author: Anthony Andrews
Publisher: DIANE Publishing
ISBN: 1437983154
Category : Reference
Languages : en
Pages : 18

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Book Description
This report discusses the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act, which was authorized to help prevent a repetition of the economic dislocation caused by the 1973-1974 Arab oil embargo. The Government Accountability Office recently observed that the proportion of crude oil grades in the SPR has been growing less compatible with the heavier grades of crude oil that U.S. refineries have been upgrading to handle. This finding has raised questions about the SPR's effectiveness during a long-term oil disruption involving heavy oil.