Domestic and international petroleum situation and the implications of fees on imported oil: hearings before the Committee on Energy and Natural Resources, United States Senate, Ninety-ninth Congress, second session ... March 14, 20, and 25, 1986, Partie 2U.S. Government Printing Office, 1986 |
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action agreement Ambassador AKINS American average barrels a day barrels per day benefits CHAIRMAN coal collapse CONGRESS THE LIBRARY consumers cost crude oil prices decline dependence DIBONA domestic energy domestic oil domestic petroleum drilling economic energy security exploration and production Federal free market fuel going higher prices imported oil income International Energy International Energy Agency Iran Iran-Iraq war LARSON LIBRARY OF CONGRESS low oil prices lower oil MARTIN million barrels MMBD national security natural gas OECD offshore oil and gas oil companies oil consumption oil exporters oil import fee oil industry oil market oil production oil reserves OPEC OPEC countries OPEC's percent Persian Gulf petroleum industry price increases price of oil problem reduce rise Saudi Arabia Senator BINGAMAN Senator FORD Senator NICKLES stability statement strategic petroleum reserve stripper talking U.S. oil United UNSELL windfall profit tax Yamani
Fréquemment cités
Page 122 - ... done the grape crop by sparrows had reached the department from twenty-five States and the District of Columbia, as follows : Alabama, Arkansas, California, Connecticut, District of Columbia, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, North Carolina, Ohio. Pennsylvania, South Carolina, Tennessee, Vermont, Virginia"and West Virginia.
Page 2 - Caldwell, do you have any statement that you would like to make at this time?
Page 49 - Another, and equally important, reason for our enhanced energy security is emergency preparedness. We are convinced that adequate oil stocks combined with a cooperative approach to their use in a crisis are the most efficient way to protect Western economies against future supply disruptions. Their availability and effective use in such a situation would calm markets, forestall panic buying and dampen price spikes. The OECD government-held stock levels have increased from 3.22 mmb in 1973 to 762...
Page 166 - ... respond to shrinking markets by raising prices or retaliating In other ways, then our oil trade policy faces still another market Imperfection that may balence the oost calculetions of a free aarket policy discussed above.
Page 174 - But when OPEC supplies started to decline sharply in 1981 and 1982, as a result of the fall in demand and the rise in non-OPEC supplies, we recognized too late that oil was overpriced...
Page 57 - Strategic Petroleum Reserve. 5 Stocks of Alaskan crude oil in transit were included beginning in January 1981. Stock withdrawals are calculated using new basis levels.
Page 117 - Per capita consumption rose by about 20 percent between the first half of 1985 and the first half of 1987.
Page 169 - To this end, all Member Countries shall establish negotiations with the oil companies concerned with a view to achieving the above objectives and, recognizing the similarity of geographical location and other conditions in Abu Dhabi, Iran, Iraq, Kuwait, Qatar and Saudi Arabia...
Page 164 - Arabia is a part of the free world and, as such, a firm believer in free enterprise and the forces of supply and demand.