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, 1985U.S. Government Printing Office, 1985 - 579 pages |
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Page 15
... LESS . WHILE REFINERY CAPACITY WAS STILL GROWING , U.S. OIL DEMAND BEGAN TO DECLINE IN RESPONSE BOTH TO THE CRUDE OIL PRICE INCREASES IMPOSED BY OPEC IN 1979 AND THE ECONOMIC RECESSION WHICH BEGAN IN THAT YEAR IN THE U.S. AND THE REST ...
... LESS . WHILE REFINERY CAPACITY WAS STILL GROWING , U.S. OIL DEMAND BEGAN TO DECLINE IN RESPONSE BOTH TO THE CRUDE OIL PRICE INCREASES IMPOSED BY OPEC IN 1979 AND THE ECONOMIC RECESSION WHICH BEGAN IN THAT YEAR IN THE U.S. AND THE REST ...
Page 16
... LESS EFFICIENT UNITS AND SOME CORRECTION WAS NECESSARY . AS I NOTED BRIEFLY ABOVE , THIS PROBLEM OF OVERCAPACITY WAS NOT UNIQUE TO THE U.S. , BUT OCCURRED WORLDWIDE . REFINERY DISTILLATION CAPACITY IN THE FREE WORLD CLIMBED FROM ABOUT ...
... LESS EFFICIENT UNITS AND SOME CORRECTION WAS NECESSARY . AS I NOTED BRIEFLY ABOVE , THIS PROBLEM OF OVERCAPACITY WAS NOT UNIQUE TO THE U.S. , BUT OCCURRED WORLDWIDE . REFINERY DISTILLATION CAPACITY IN THE FREE WORLD CLIMBED FROM ABOUT ...
Page 18
... LESS ATTRACTIVE MARKET FOR THESE PRODUCTS . THESE NEW REFINERIES MAY WELL INTENSIFY COMPETITION AND LEAD TO SOME ADDITIONAL REFINERY CLOSURES WORLDWIDE . AN ADDITIONAL EXPORT INCREMENT OF A LITTLE OVER 1 MILLION BARRELS PER DAY SHOULD ...
... LESS ATTRACTIVE MARKET FOR THESE PRODUCTS . THESE NEW REFINERIES MAY WELL INTENSIFY COMPETITION AND LEAD TO SOME ADDITIONAL REFINERY CLOSURES WORLDWIDE . AN ADDITIONAL EXPORT INCREMENT OF A LITTLE OVER 1 MILLION BARRELS PER DAY SHOULD ...
Page 29
... Less than 10,000 113 110 109 107 105 103 101 100 102 102 102 91 10,001 - 30,000 60 61 30,001 50,000 40 34 32 30,001 - 100,000 36 38 39 100,000 - 175,000 19 21 Over 175,000 133 13 ♡ 28 29 23 63 58 62 32 32 41 42 22 23 23 16 16 19 2 2 2 ...
... Less than 10,000 113 110 109 107 105 103 101 100 102 102 102 91 10,001 - 30,000 60 61 30,001 50,000 40 34 32 30,001 - 100,000 36 38 39 100,000 - 175,000 19 21 Over 175,000 133 13 ♡ 28 29 23 63 58 62 32 32 41 42 22 23 23 16 16 19 2 2 2 ...
Page 32
... less formal dual - pricing practices exist in many of the crude petroleum - rich nations . The table on page 4 of my formal statement presents in summa- ry form the information collected on these pricing policies or prac- tices . As you ...
... less formal dual - pricing practices exist in many of the crude petroleum - rich nations . The table on page 4 of my formal statement presents in summa- ry form the information collected on these pricing policies or prac- tices . As you ...
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Expressions et termes fréquents
Ashland barrels a day barrels per day blending stocks BOGGS Chairman CHEMICAL competitive consumption cooperative costs countries crude oil crude oil prices crude prices decline demand Department of Energy distillation capacity domestic crude domestic refining capacity domestic refining industry Don Nickles East-West Center economic energy security excess export refineries feedstock foreign refiners fuel oil gallon gasoline imports Hydrotreat idle impact import fee increase independent refiners major million b/d million barrels MMBD MMBPD motor gasoline naphtha national security oil companies oil imports OPEC operating capacity percent Persian Gulf petrochemical petroleum industry Petroleum Marketers Association petroleum product imports plant problem product prices profit question quotas result Saudi Arabia Senator NICKLES shut shutdown sources Strategic Petroleum Reserve subsidies supply disruption tariff Texaco trade trend U.S. Agriculture U.S. dollar U.S. gasoline U.S. imports U.S. market U.S. refining capacity U.S. refining industry U.S. Virgin Islands United unleaded
Fréquemment cités
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 191 - April 1, 1985 hearing before the Environment, Energy, and Natural Resources Subcommittee of the House Committee on Government Operations.
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).