Strategic petroleum reserve
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Strategic petroleum reserve budget and policy implications of the proposed moratorium : tenth report by United States. Congress. House. Committee on Government Operations.

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Published by U.S. G.P.O. in Washington .
Written in English

Subjects:

  • Petroleum reserves -- Texas.,
  • Petroleum reserves -- Louisiana.,
  • Moratorium -- Government policy -- United States.

Book details:

Edition Notes

Statementby the Committee on Government Operations, together with additional views.
SeriesHouse report -- 99-150.
The Physical Object
Paginationv, 55 p. ;
Number of Pages55
ID Numbers
Open LibraryOL17802105M

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The Strategic Petroleum Reserve (SPR) was created in to help protect the U.S. economy from oil supply disruptions and it currently holds about million barrels of crude oil. The Energy Policy Act of required the Department of Energy to expand the Strategic Petroleum Reserve's maximum storage capacity to 1 billion barrels of crude oil. Author and historian Bruce A. Beaubouef examines, for the first time, the interactions that have shaped the development of the Strategic Petroleum Reserve (SPR). In a time of continued vulnerability, this definitive work will be of interest to those concerned with the history, economy, and politics of the oil and gas industry, as well as to historians and practitioners of oil and energy policy. Strategic Petroleum Reserve, Bryan Mound Salt Dome, Brazoria County, Texas: Final Environmental Impact Statement United States. Strategic Petroleum Reserve Office. The Strategic Petroleum Reserve: Life Extension 2 and Managing Uncertainty. 2 Strategic Petroleum Reserve Authorization • Established by Congress Energy Policy & Conservation Act (EPCA) • Mission: o Protect from Potential Disruptions in Critical Oil Supplies.

Oct 04,  · Introduction: the SPR and the American political economy -- The energy crisis begins, -- Building the reserve, -- The energy crisis returns, -- Maturation and ascension, -- Drawdown for war, -- Smoothing price cycles, -- Conclusions: the SPR and U.S. petroleum reserves policy -- EpiloguePages: The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil, was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program. Strategic Petroleum Reserve - Project Management Office. The Project Management Office (PMO), based outside of New Orleans, LA, is responsible for carrying out the operational aspects of the Strategic Petroleum Reserve's (SPR) mission. Strategic Petroleum Reserve (United States) The Strategic Petroleum Reserve (SPR) is an emergency fuel storage of petroleum maintained underground in Louisiana and Texas by the United States Department of Energy (DOE). It is the largest emergency supply in the world, with the capacity to hold up to million barrels (,, m 3).

E-Book Review and Description: Congress approved the Strategic Petroleum reserve (SPR) within the Power Coverage and Conservation Act (EPCA, P.L. ninety four) to assist forestall a repetition of the financial dislocation brought on by the seventy four Arab oil embargo. Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, to safeguard the economy and help maintain national security during an energy crisis. The possibility of storing refined petroleum products as part of the Strategic Petroleum Reserve (SPR) has been contemplated since the SPR was created in The SPR, which currently holds about million barrels of crude oil, was created to help insulate the U.S. economy from oil supply disruptions. Jun 13,  · The Strategic Petroleum Reserve is an emergency stockpile of oil. The U.S. Department of Energy stores it for use in a crisis. The SPR was created in in response to the OPEC oil embargo. Some in Congress question whether it is still necessary.