Oil Prices and Supplies in the Wake of the Persian Gulf Crisis: Hearings Before the Committee on Governmental Affairs, United States Senate, One Hundred First Congress, Second Session; October 25, 1990, Price and Supply of Winter Heating Fuels and Gasoline; October 31, 1990, OPEC and Alternative Sources of Oil; November 1, 1990, The Role of Futures Markets in Oil Pricing, Volume 4

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U.S. Government Printing Office, 1991 - 550 pages

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Page 117 - Association Pennsylvania Petroleum Association, Inc. South Carolina Oil Jobbers Association South Dakota Petroleum Marketers Association Tennessee Oil Marketers Association Texas Oil Marketers Association Virginia Petroleum Jobbers Association Washington...
Page 403 - emergency' as used herein shall mean, in addition to threatened or actual market manipulations and corners, any act of the United States or a foreign government affecting a commodity or any other major market disturbance which prevents the market from accurately reflecting the forces of supply and demand...
Page 321 - JANUARY 23, 1991 US SENATE, COMMITTEE ON GOVERNMENTAL AFFAIRS, Washington, DC. The Committee convened, pursuant to notice, at 9:30 am, in room SD-342, Dirksen Senate Office Building, Hon.
Page 205 - I know you need funds. We understand that and our opinion is that you should have the opportunity to rebuild your country. But we have no opinion on the Arab-Arab conflicts, like your border disagreement with Kuwait.
Page 151 - Senate as it deems necessary or desirable in connection with the subject matter of such reports; (B) studying the efficiency, economy, and effectiveness of all agencies and departments of the Government; (C) evaluating the effects of laws enacted to reorganize the legislative and executive branches of the Government; and...
Page 69 - US and world refiners to produce the petroleum products demanded world wide. US refiners have been producing at near maximum operating capacity (95.8 percent in July and 96.2 percent in August) which is well above the operating levels for previous years. (See Exhibit VI.) Refinery utilization usually declines in the September-October and February-April time periods, as refineries switch over from the production of gasoline to the production of fuel oil or vice versa. Maintenance is usually done during...
Page 118 - PMAA is a federation of 43 state and regional trade associations which represent some 10,000 small independent marketers nationwide. These marketers sell almost onehalf of the gasoline, three quarters of the heating oil and over 60 percent of the diesel fuel consumed in the US annually. Eighty-nine percent of the companies PMAA represents are classified as small businesses under the US Small Business Administration (SBA) size standards.
Page 112 - ... exempt from Federal income tax under section 501 (c) (3) of the Internal Revenue Code...
Page 75 - Chair September 26, 1990 I. Assumptions o The worldwide loss of 4.3 MMBD of crude oil from the Iraqi invasion is the maximum extent of crude oil losses o No change in the political and military situation which would interrupt the flow of replacement oil (which could total 3.3 MMBD by the end of the 4th Quarter) o Normal winter temperatures o No major refinery problems with existing capacity o No increase in stocking activity II.

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