Report to the Congress on Expansion of the Strategic Petroleum Reserve to One Billion Barrels
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Page : 72 pages
File Size : 38,72 MB
Release : 1989
Category : Energy policy
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Page : 72 pages
File Size : 38,72 MB
Release : 1989
Category : Energy policy
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Page : pages
File Size : 19,73 MB
Release : 1989
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Page : pages
File Size : 49,12 MB
Release : 1991
Category : Petroleum reserves
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Page : 0 pages
File Size : 12,64 MB
Release : 1991
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Page : pages
File Size : 28,90 MB
Release : 1991
Category : Petroleum reserves
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Author : Congressional Research Service: The Libr
Publisher : BiblioGov
Page : 22 pages
File Size : 44,83 MB
Release : 2013-10
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ISBN : 9781294022640
Congress authorized the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act (EPCA, P.L. 94-163) to help prevent a repetition of the economic dislocation caused by the 1973-1974 Arab oil embargo. The Department of Energy (DOE) manages the SPR, which comprises five underground storage facilities, solution-mined from naturally occurring salt domes in Texas and Louisiana. The Energy Policy Act of 2005 (EPAct) authorized SPR expansion to a capacity of 1 billion barrels, but physical expansion of the SPR has not proceeded beyond 727 million barrels its inventory at the end of 2010. In addition, a Northeast Home Heating Oil Reserve (NHOR) holds 2 million barrels of heating oil in above-ground storage. EPCA authorized drawdown of the Reserve upon a finding by the President that there is a "severe energy supply interruption." Congress enacted additional authority in 1990 (Energy Policy and Conservation Act Amendments of 1990, P.L. 101-383) to permit use of the SPR for short periods to resolve supply interruptions stemming from situations internal to the United States. The meaning of a "severe energy supply interruption" has been controversial. EPCA intended use of the SPR only to ameliorate discernible physical shortages of crude oil. The government had ended ...
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Page : 29 pages
File Size : 12,60 MB
Release : 2007
Category : Petroleum
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Author : United States. General Accounting Office
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Page : 56 pages
File Size : 19,6 MB
Release : 1979
Category : Petroleum
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Page : 443 pages
File Size : 29,35 MB
Release : 1990
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The purpose of this study is to fulfill the requirements of Public Law No. 101-46, approved June 30, 1989. The study describes and evaluates alternative methods for financing the future expansion of the Strategic petroleum Reserve (SPR), both to the current target level of 750 million barrels and to potential future levels of up to one billion barrels.
Author : United States. General Accounting Office
Publisher :
Page : 86 pages
File Size : 10,53 MB
Release : 1985
Category : Oil fields
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