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Record Nr. |
UNINA9910825084103321 |
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Titolo |
Strategic Petroleum Reserve [[electronic resource] /] / Albert L. Strait, editor |
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Pubbl/distr/stampa |
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New York, : Nova Science Publishers, c2010 |
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ISBN |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (147 p.) |
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Collana |
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Energy policies, politics and prices series |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Petroleum reserves - Government policy - United States |
Petroleum - Underground storage - United States |
Energy policy - United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Intro -- STRATEGIC PETROLEUM RESERVE -- STRATEGIC PETROLEUM RESERVE -- CONTENTS -- PREFACE -- Chapter 1 THE STRATEGIC PETROLEUM RESERVE: HISTORY, PERSPECTIVES, AND ISSUES -- SUMMARY -- HISTORY OF THE SPR -- Establishment of the SPR -- ACQUISITION OF CRUDE OIL FOR THE SPR -- Royalty-in-Kind Acquisition -- THE DRAWDOWN AUTHORITIES -- THE SPR AND HURRICANES IVAN, KATRINA, AND RITA (2004-2005) -- A Change in the Market Dynamics (2005-2008) -- WHEN SHOULD THE SPR BE USED?: THE DEBATE OVER THE YEARS -- Use of the SPR in the Persian Gulf War (1990) -- ESTABLISHMENT OF A REGIONAL HOME HEATING OIL RESERVE -- End Notes -- Chapter 2 STRATEGIC PETROLEUM RESERVE: IMPROVING THE COST-EFFECTIVENESS OF FILLING THE RESERVE -- WHY GAO DID THIS STUDY -- WHAT GAO FOUND -- IN SUMMARY -- DOE COULD IMPROVE THE COST-EFFECTIVENESS OF FILLING THE SPR -- PURCHASING OIL TO FILL THE SPR MAY BE MORE COST-EFFECTIVE THAN CURRENT ROYALTY-IN-KIND PROGRAM -- CONCLUSIONS -- End Notes -- Chapter 3 STRATEGIC PETROLEUM RESERVE: AVAILABLE OIL CAN PROVIDE SIGNIFICANT BENEFITS, BUT MANY FACTORS SHOULD INFLUENCE FUTURE DECISIONS ABOUT FILL, USE, AND EXPANSION -- WHY GAO DID THIS STUDY -- WHAT GAO RECOMMENDS -- WHAT GAO FOUND -- ABBREVIATIONS -- RESULTS IN BRIEF -- BACKGROUND -- BASED ON HISTORICAL EXPERIENCE, EXPERTS SUGGESTED ALTERNATIVE |
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PRACTICES FOR SPR FILL AND POINTS TO CONSIDER FOR USE -- Experts Suggested Practices to Reduce the Cost of Filling the SPR -- Early Fill Activity Was Generally Focused on Making the SPR Large Enough to Respond to Disruptions -- Experts Generally Agreed That Recent SPR Acquisitions Caused Minimal Increase in Oil Prices, and Suggested Practices to Reduce the Future Cost of SPR Fill -- Experts Suggested Several Points to Consider When Deciding on SPR Use -- SPR Legislation Allows Broad Presidential Discretion. |
Members of our Expert Group Disagreed about Past SPR Use Decisions -- Experts Suggested Several Points to Consider When Making Decisions about SPR Use -- SPR USE DURING DISRUPTIONS CAN PROVIDE SUBSTANTIAL BENEFITS, BUT THE MAGNITUDE OF THESE BENEFITS IS UNCERTAIN -- SPR and International Reserves at Their Current Size Can Replace the Oil Lost in All but the Most Catastrophic Disruptions -- SPR Use during Disruptions Can Prevent Substantial Economic Damage -- DOE Models Yield Significantly Different Estimates of the Economic Damage Avoided by Using the SPR -- OTHER FACTORS, IN ADDITION TO THE SPR'S ABILITY TO REPLACE OIL, MAY AFFECT THE EXTENT TO WHICH THE SPR CAN PROTECT THE U.S. ECONOMY FROM DAMAGE -- Transport of Oil to Refineries May Be Difficult during Some Disruptions -- SPR Oil Is Not Fully Compatible with Some Refineries -- Releasing Oil from the SPR Is Less Helpful If U.S. Refining Capacity Is Damaged -- SPR Can Provide Benefits to the U.S. Economy Without Releasing Oil -- A LARGER SPR IS WARRANTED IF DEMAND FOR OIL GROWS AS EXPECTED -- Oil Demand Projections Support a Larger SPR -- DOE Estimates That Long-term Benefits of SPR Expansion to 1.5 Billion Barrels Exceed Costs -- Factors Influencing the SPR's Ideal Size Are Likely to Change Over Time -- CONCLUSIONS -- RECOMMENDATIONS FOR EXECUTIVE ACTION -- AGENCY COMMENTS AND OUR EVALUATION -- APPENDIX I: SCOPE AND METHODOLOGY -- APPENDIX II: ECONOMIC MODELING OF OIL SUPPLY DISRUPTIONS -- Oil Supply Disruption Scenarios -- Modeling of Economic Impacts -- EIA Model -- Office of Petroleum Reserves' Model -- Similarities and Differences between the EIA Model and Office of Petroleum Reserves' Model -- APPENDIX III : COMMENTS FROM THE DEPARTMENT OF ENERGY -- End Notes -- Chapter 4 EXPANSION OF THE STRATEGIC PETROLEUM RESERVE -- INTRODUCTION -- OBSERVATIONS -- EVALUAUON OF BRUINSBURG DOME. |
Consideration of Well Data -- RECONCILIATION OF WELL LOCATIONS -- USE OF SEISMIC DATA -- INTCRPRETATION OF DATA -- PIPELINE LEAKS -- SCOPE AND METHODOLOGY -- CUSTOMER RESPONSE FORM -- Chapter 5 STRATEGIC PETROLEUM RESERVE - QUICK FACTS AND FREQUENTLY ASKED QUESTIONS -- INVENTORY -- DRAWDOWN CAPABILITY -- PAST SALES [CLICK ON LINK FOR MORE DETAILS] -- PAST EXCHANGES [CLICK ON LINK FOR MORE DETAILS] -- FINANCIAL -- FREQUENTLY ASKED QUESTIONS -- Chapter 6 EXPANDING THE NATION'S STRATEGIC PETROLEUM RESERVE -- ENVIRONMENTAL IMPACT STATEMENT AND RECORD OF DECISION -- SUPPLEMENTAL ENVIRONMENTAL IMPACT STATEMENT (SEIS) -- EXPANSION PLAN TO ONE BILLION BARRELS -- EXPANSION BEYOND ONE BILLION BARRELS -- CHAPTER SOURCES -- INDEX -- Blank Page. |
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