Impact of Imported Petroleum Products on the Domestic Petroleum Industry: Hearing Before the Subcommittee on Energy Regulation and Conservation of the Committee on Energy and Natural Resources, United States Senate, Ninety-ninth Congress, First Session ... June 4, 1985
United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Energy Regulation and Conservation
U.S. Government Printing Office, 1985 - 579 pages
Avis des internautes - Rédiger un commentaire
Aucun commentaire n'a été trouvé aux emplacements habituels.
Autres éditions - Tout afficher
additional areas Association average barrels per day believe cause Chairman closed companies compete competitive concern consumers continue cooperative costs countries crude oil decline demand Department dependence disruption distillate domestic refining economic effect efficient emergency Energy equipment estimate excess existing export facilities forces foreign fuel further gasoline going Gulf idle impact increase independent indicated lead less light loss lower major margins meet million barrels national security natural oil prices OPEC operating percent period Persian petrochemical petroleum product imports petroleum products plant present problem product imports profits protection question quotas recent reduce refined products refinery capacity refining capacity refining industry represent Resources result Saudi says Senator share shut sources statement subsidies supply tariff trade U.S. refinery U.S. refining United utilization
Page 131 - The 16 companies listed above own and control terminals capable of receiving ocean-going tankers. None is affiliated with a major integrated oil company. Members of the Association are independent marketers of No. 2 fuel oil, No. 6 fuel oil, gasoline and other petroleum products. They distribute more than 50% of the No.
Page 326 - Paper. • The brief analysis of import trend data and underlying factors reminds us again that the world we live in is a dynamic and complex system with one ominous constant — change. • Petroleum product imports represent the new factors in the emergency preparedness equation, which possess the potential capability of disarming the SPR, and turning this imposing strategic weapon into the next Maginot Line.
Page 219 - Without import controls the domestic wellhead price would fall from $3.30 per barrel to about $2.00, which would correspond to the world price. Although we cannot exclude the possibility, we do not predict a substantial price rise in world oil markets over the coming decade.
Page 222 - Before The Environment, Energy and Natural Resources Subcommittee of the Committee on Government Operations, US House of Representatives, April 2, 1985.
Page 339 - ... fuel. Collectively, the marketers represented by PMAA sell approximately 50 percent of the gasoline and 80 percent of the home heating oil consumed in America. Although virtually all the marketers PMAA represents are small businessmen, their collective assets rank them 17th on Fortune 500' s list of companies ranked by assets.
Page 327 - In closing, member cooperatives of the National Council are farmer-owned. We have endured through two oil emergencies, with farm fuel shortages and sharply higher prices. We ire not anxious to see mistakes of the past repeated needlessly in the next foreign oil cutoff.
Page 2 - I will submit my statement for the record. [The prepared statement of Senator Lautenberg follows:] STATEMENT OF HON.
Page 35 - International Trade Studies The Commission conducts studies, investigations, and research projects on a broad range of topics relating to international trade, pursuant to requests of the President, the House Ways and Means Committee, the Senate Finance Committee, either branch of the Congress, or on its own motion (19 USC 1332).