Security Problems at the Department of Energy's Strategic Petroleum Reserve PDF Download
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Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 130
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Book Description
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 130
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Book Description
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 0
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Book Description
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 128
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Book Description
Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 12
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Book Description
Author: United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy and Mineral Resources
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 224
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Book Description
Author: United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy and Mineral Resources
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 96
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Book Description
Author:
Publisher:
ISBN:
Category : Petroleum reserves
Languages : en
Pages : 16
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 80
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Book Description
Pursuant to a congressional request, GAO reviewed the Department of Energy's (DOE) plan for selling oil from the Strategic Petroleum Reserve (SPR) to analyze: (1) the plan's potential effects on world oil prices; (2) the issues affecting who would get SPR oil under this plan; and (3) how the plan compares with alternative sales mechanisms. GAO found that the plan's market approach would probably limit oil price increases in a severe supply disruption and allow broad participation in the sale. However, there were potential problems identified with oil distribution under the plan. DOE, in taking a market approach to the distribution, plans to award SPR sales contracts to the highest bidders who would be considered eligible buyers. This would allow any foreign country to buy the oil and does not limit the amount that a single buyer could purchase at a given sale. GAO also examined alternative sales methods of interest to Congress, including: (1) the continuous sale of options to buy SPR oil in advance of an oil emergency; and (2) allocation of SPR oil at government-set prices. Most industry representatives opposed the sale of SPR options because of their concerns about the length of time during which options could be exercised and who should be eligible to buy the options. GAO found that uncompetitive allocation of SPR oil would entail administrative difficulties that would undermine its intended benefits since it would be difficult to develop criteria for fair distribution.
Author: Bruce L. Peck
Publisher:
ISBN:
Category : National security
Languages : en
Pages : 18
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Book Description
The Strategic Petroleum Reserve (SPR) of the United States is critical to its national security because of the nation's reliance on oil and refined petroleum products as the cornerstone of its economic and military power. The purpose of the SPR is to provide protection against disruption of the United States' oil supply in times of war, crisis, or natural catastrophe. However, conditions have changed since the SPR was formed that make it increasingly unable to provide the protection required to keep it strategically relevant. The SPR has several limitations that significantly limit its ability to protect against disruptions in petroleum supply, including its location and geography, capacity, composition, and glaring vulnerabilities in United States petroleum supply infrastructure. This paper, based on research and personal observation, asks and answers relevant questions regarding the SPR and concludes with the author's recommendations on how the United States' policy on its SPR should change to meet national security objectives - in the context of today's challenges and those predicted for the future - in order to keep the SPR strategically valuable and relevant until it may be no longer needed.
Author: David A. Deese
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 520
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Book Description
Good,No Highlights,No Markup,all pages are intact, Slight Shelfwear,may have the corners slightly dented, may have slight color changes/slightly damaged spine.
