Review of Long-term World Oil Outlook: Petroleum Product Imports : and Energy-related Tax Reform Proposals : Hearings Before a Subcommittee of the Committee on Government Operations, House of Representatives, Ninety-ninth Congress, First Session, April 1 and 2, 1985, Volume 4U.S. Government Printing Office, 1985 - 901 pages |
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Page 38
... costs of meeting these standards are not applicable to competitive plants operating abroad . These costs will vary from plant - to - plant and may average roughly fifty cents per barrel of crude oil processed in the U.S. , including a ...
... costs of meeting these standards are not applicable to competitive plants operating abroad . These costs will vary from plant - to - plant and may average roughly fifty cents per barrel of crude oil processed in the U.S. , including a ...
Page 41
... costs , it is going to cost sub- stantially more money than if we just finish the construction of the site . Therefore , would it not be better to finish the construction of the site while capping the oil for the moment at the end of ...
... costs , it is going to cost sub- stantially more money than if we just finish the construction of the site . Therefore , would it not be better to finish the construction of the site while capping the oil for the moment at the end of ...
Page 42
... cost of the future construction program depends on the length of the deferral , as well as the projected nominal cost and the discount rate . The moratorium decision will be reviewed yearly , so its ultimate length is uncertain . For ...
... cost of the future construction program depends on the length of the deferral , as well as the projected nominal cost and the discount rate . The moratorium decision will be reviewed yearly , so its ultimate length is uncertain . For ...
Page 43
... Cost ( Delayed - Undelayed ) -81.3 a / 10 % real discount rate Note : Review since the testimony of March 15 , 1985 , has permitted reduction of estimated SPR deferral costs to $ 40.8 million , compared to the $ 53 million reported ...
... Cost ( Delayed - Undelayed ) -81.3 a / 10 % real discount rate Note : Review since the testimony of March 15 , 1985 , has permitted reduction of estimated SPR deferral costs to $ 40.8 million , compared to the $ 53 million reported ...
Page 75
... costs associated with ensur- ing that the United States has access to foreign crude supplies , like the cost of keeping the sea lanes open and protecting against tanker attacks which could be related to the additional costs of im- ports ...
... costs associated with ensur- ing that the United States has access to foreign crude supplies , like the cost of keeping the sea lanes open and protecting against tanker attacks which could be related to the additional costs of im- ports ...
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Expressions et termes fréquents
analysis average barrels a day barrels per day benefits BOGGS BUSTAMANTE Chairman Chart CLINGER competitive consumers costs countries crude oil crude petroleum decline decontrol Department of Energy dollar domestic oil drawdown economic effects energy security estimate forecast foreign fuel oil gasoline gasoline imports impact import fee independent refiners investment losses major Middle East million B/D million barrels naphtha national security natural gas OECD oil and gas oil companies oil imports oil market oil prices oil production oil supply OPEC operating percent percentage depletion Persian Gulf petrochemical petroleum product imports potential price increases price shocks problem reduce refineries refining capacity result revenues Saudi Arabia sources stockpiles Strategic Petroleum Reserve stripper subcommittee supply disruptions SYNAR tariff tax proposals tax rates Thank tion trade Treasury U.S. imports U.S. market U.S. oil U.S. refineries United vulnerability Windfall Profit Tax world oil
Fréquemment cités
Page 561 - This option applies to all expenditures made by an operator for wages, fuel, repairs, hauling, supplies, etc., incident to and necessary for the drilling of wells and the preparation of wells for the production of oil or gas.
Page 591 - Council is a federation of 44 state and regional trade associations representing thousands of independent small business petroleum marketers. Members include gasoline and diesel fuel wholesalers, commissioned distributors of gasoline, gasoline reseller-retailers and a large number of retail fuel oil dealers. Members also wholesale or retail many other petroleum products, including kerosene, LI* gas, aviation fuels and motor oils as well as residual fuel oil.
Page 477 - 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 360 - In the past there has been a tendency to deal with politically difficult problems of this nature only in a crisis. Unfortunately, our Country's Inability to address and resolve such problems in advance of a crisis cost the US economy in the 1970's billions of dollars in addition to a loss of policy flexibility and significant additional costs in the areas of both foreign policy and defense. In the absence of any indication of a policy shift by the US Government, it is reasonable to anticipate that...
Page 486 - I an economist with the Congressional Research Service of the Library of Congress. I would like to thank you for the invitation to appear before you today to discuss...
Page 578 - ... and production of crude oil and natural gas in the United States, and would eliminate the percentage depletion allowance, an important source of cash flow for many independent producers.
Page 599 - Marketers Association Colorado Petroleum Marketers Association Independent Connecticut Petroleum Association Florida Petroleum Marketers Association Georgia Oilmen's Association Idaho Oil Marketers Association Illinois Petroleum Marketers Association...
Page 350 - I would be glad to respond to any questions the committee may have. [The prepared statement of Mr.
Page 12 - BEFORE THE ENVIRONMENT, ENERGY, AND NATURAL RESOURCES SUBCOMMITTEE OF THE COMMITTEE ON GOVERNMENT OPERATIONS US HOUSE OF REPRESENTATIVES APRIL 1, 1985 MR.
Page 517 - IMPACT ON THE NATIONAL ECONOMY OF REPEALING THE EXPENSING OF INTANGIBLE DRILLING COSTS Introduction This study examines the impact on the United States' economy of repealing the expensing of intangible drilling costs. Under current tax law, intangible drilling costs (IDC's) are defined as expenditures that in themselves do not have salvage value and are incident to and necessary for the drilling of wells and the preparation of wells for the production of oil and natural gas. Examples of intangible...