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 7
... recent development of new export - oriented refinery capacity in the Middle East and elsewhere . If and when these new refineries come fully on stream , probably by 1987 , they could add about 1 million barrels a day of product exports ...
... recent development of new export - oriented refinery capacity in the Middle East and elsewhere . If and when these new refineries come fully on stream , probably by 1987 , they could add about 1 million barrels a day of product exports ...
Page 9
... RECENT YEARS , RISING FROM 180 THOUSAND BARRELS PER DAY IN 1981 TO ABOUT 380 THOUSAND BARRELS PER DAY IN 1984 , THESE IMPORTS STILL REPRESENTED ONLY 5 PERCENT OF TOTAL U.S. GASOLINE DEMAND IN 1984. FURTHERMORE , GASOLINE IMPORTS WERE ...
... RECENT YEARS , RISING FROM 180 THOUSAND BARRELS PER DAY IN 1981 TO ABOUT 380 THOUSAND BARRELS PER DAY IN 1984 , THESE IMPORTS STILL REPRESENTED ONLY 5 PERCENT OF TOTAL U.S. GASOLINE DEMAND IN 1984. FURTHERMORE , GASOLINE IMPORTS WERE ...
Page 10
... RECENT YEARS HAVE BEEN CAUSED LARGELY BY THE CONTRACTION OF EXCESS CAPACITY . THIS CONTRACTION FROM EARLIER LEVELS ... RECENTLY , SPOT PRICES FOR GASOLINE HAVE INCREASED WHILE CRUDE PRICES HAVE NOT . THE COMBINATION OF THESE FACTORS IN ...
... RECENT YEARS HAVE BEEN CAUSED LARGELY BY THE CONTRACTION OF EXCESS CAPACITY . THIS CONTRACTION FROM EARLIER LEVELS ... RECENTLY , SPOT PRICES FOR GASOLINE HAVE INCREASED WHILE CRUDE PRICES HAVE NOT . THE COMBINATION OF THESE FACTORS IN ...
Page 16
... RECENT YEARS WERE PRIMARILY THE RESULT OF OVEREXPANSION RELATIVE TO DEMAND , INCLUDING THE EXPANSION OF SMALL , LESS EFFICIENT UNITS AND SOME CORRECTION WAS NECESSARY . AS I NOTED BRIEFLY ABOVE , THIS PROBLEM OF OVERCAPACITY WAS NOT ...
... RECENT YEARS WERE PRIMARILY THE RESULT OF OVEREXPANSION RELATIVE TO DEMAND , INCLUDING THE EXPANSION OF SMALL , LESS EFFICIENT UNITS AND SOME CORRECTION WAS NECESSARY . AS I NOTED BRIEFLY ABOVE , THIS PROBLEM OF OVERCAPACITY WAS NOT ...
Page 17
... RECENT MONTHS , THE REFINING INDUSTRY IS STILL FACED WITH OVERCAPACITY . THIS SITUATION IS EXACERBATED BY THE RECENT DEVELOPMENT OF NEW EXPORT ORIENTED REFINERY CAPACITY IN THE MIDDLE EAST , PRIMARILY IN SAUDI ARABIA , KUWAIT , AND IN ...
... RECENT MONTHS , THE REFINING INDUSTRY IS STILL FACED WITH OVERCAPACITY . THIS SITUATION IS EXACERBATED BY THE RECENT DEVELOPMENT OF NEW EXPORT ORIENTED REFINERY CAPACITY IN THE MIDDLE EAST , PRIMARILY IN SAUDI ARABIA , KUWAIT , AND IN ...
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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).