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1

OPEC Crude Oil Production 1999-2001  

U.S. Energy Information Administration (EIA)

OPEC Crude Oil Production 1999-2001. History. Projections. Sources: History: EIA; Projections: Short-Term Energy Outlook, January 2001.

2

Do oil markets work; is OPEC dead  

SciTech Connect

In this paper the authors review what has happened in world oil markets since the 1970s and examine the prospects for OPEC and world oil prices. The paper summarizes the data for the last two decades: by fuel, by product, and by region. It focuses on OPEC and its members, examining the differences in behavior between its members and non-OPEC producers. The authors find that OPEC is clearly still relevant, if no longer very powerful. Its members have collectively reduced output dramatically, in an unsuccessful attempt to defend the price increases. They examine the important institutional changes of the last two decades, in comparison with the industry's stability for much of the century. They suggest an interpretation of OPEC's current situation. The paper summarizes the outlook for OPEC and the world oil market over the next two decades.

Gately, D. (New York Univ., NY (USA). Dept. of Economics)

1989-01-01T23:59:59.000Z

3

OPEC Production Changes Impacted World Crude Oil Prices  

U.S. Energy Information Administration (EIA)

OPEC has been a major factor behind the recent swing in crude oil prices. As prices fell in 1997 and 1998, OPEC gradually removed supply from the market.

4

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

3 of 17 3 of 17 Notes: After declining in 1999 due to a series of announced production cuts, OPEC 10 (OPEC countries excluding Iraq) production has been increasing during 2000. EIA's projected OPEC production levels for fourth quarter 2000 have been lowered by 300,000 barrels per day from the previous Outlook. Most of this decrease is in OPEC 10 production, which is estimated to be 26.5 million barrels per day. EIA still believes that only Saudi Arabia, and to a lesser degree, the United Arab Emirates, will have significant short-term capacity to expand production. EIA's forecast assumes that OPEC 10 crude oil production will decline by 400,000 barrels per day to 26.1 million barrels per day by mid-2001. Iraqi crude oil production is estimated to have increased from 2.3 million

5

Higher oil prices: Can OPEC raise prices by cutting production  

Science Conference Proceedings (OSTI)

OPEC's ability to raise prices is evaluated with a model that projects the supply and demand. As part of the model, a new methodology to forecast for the rate of production by non-OPEC nations is developed. A literature review of techniques for estimating oil supply and annual rates of production indicates a new methodology is needed. The new technique incorporates the geological, engineering, and economic aspects of the oil industry by synthesizing curve fitting and econometric techniques. It is used to analyze data for eight regions for non-OPEC oil production: the lower 48 states, Alaska, Canada, Mexico, non-OPEC South America, Western Europe, non-OPEC Africa, and non-OPEC Asia. OPEC's ability to raise prices is examined by tracking the percentage oil US oil demand supplied by imports, the portion of oil demand in Western Europe supplied by local production, the percentage of WOCA oil demand supplied by OPEC and Real OPEC revenues. Results of the model indicate that OPEC can raise oil prices in the early 1990s. OPEC can raise and sustain oil prices near $25 (1982 dollars). Higher oil prices ($35) are not sustainable before 2000 because reduced demand and increased non-OPEC production shrink OPEC revenues below acceptable levels. After 2000, $35 prices are sustainable.

Kaufmann, R.K.

1988-01-01T23:59:59.000Z

6

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

EIA assumes in its base case that OPEC 10 production averages about EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. Over the course of the past year, worldwide oil production has increased by about 3.7 million barrels per day to a level of 77.8 million barrels per day in the last months of 2000. After being nearly completely curtailed in December 2000, EIA's base case assumes that Iraqi oil exports only partially return in January. By February, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels reached last year.

7

OPEC and Non-OPEC Oil Production, 1970-2020  

U.S. Energy Information Administration (EIA)

New exploration and production ... •OPEC production in 2020 is projected to be almost 24 million barrels per day higher than the 1997 level of nearly 30 ...

8

OPEC Crude Oil Production 1999-2001  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. From the fourth quarter of 1999 to the 4th quarter of 2000, worldwide oil production increased by about 3.7 million barrels per day to a level of 77.8 million barrels per day. After being sharply curtailed in December 2000, EIA's base case assumes that Iraqi oil exports only partially return in January. By February, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels reached last year.

9

OPEC Crude Oil Production 1998-2001  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: EIA assumes in its base case that OPEC 10 production averages about 0.6 million barrels per day less in the 1st quarter of 2001 than was produced in the 4th quarter of 2000. This is based on the assumption that beginning in February 2001, OPEC 10 production is 1 million barrels per day less than the estimate for December 2000. From the fourth quarter of 1999 to the 4th quarter of 2000, worldwide oil production increased by about 3.8 million barrels per day to a level of 77.9 million barrels per day. After being sharply curtailed in December and January, EIA's base case assumes that Iraqi oil exports return closer to more normal levels in February. By the second half of 2001, EIA assumes Iraqi crude oil production reaches 3 million barrels per day, roughly the peak levels

10

Oil export policy and economic development in OPEC  

Science Conference Proceedings (OSTI)

During the 1970s, members of the Organization of Petroleum Exporting Countries (OPEC) increased the price of their oil exports by 2000% in nominal terms. The ability of OPEC countries to increase the economic and other benefits they drew from each barrel of oil was a familiar theme of that decade. However, recent developments in the world oil market may not be so encouraging for OPEC. From 1979 to 1983, demand for OPEC crude oil decreased by almost 45%, or from 30.9 to 17.5 million barrels per day (mbd). Despite this dramatic decrease, the news on the price front has not so far been that bad for OPEC. The average OPEC oil price, which had increased from $1.80/bbl (barrel) in 1970 to $36/bbl by 1980, declined to $29/bbl by 1983. OPEC has thus defied many experts by managing to avoid a price collapse. Not surprisingly, these developments have raised arguments about the nature of OPEC and how it operates. OPEC has been characterized variously as a very tight cartel and as a loose and ineffectual organization. This paper tries to shed some light on OPEC, and especially on how the economic development objectives of influential OPEC members affect their oil policies.

Aperjis, D.G.

1984-01-01T23:59:59.000Z

11

Shifting production trends point to more oil from OPEC  

SciTech Connect

Oil production from the Organization of Petroleum Exporting Countries and non-OPEC regions has undergone four major phases of change in relation to oil price since 1960. Patterns visible in those phases offer an indication of world-wide production trends in the future. These four phases are described. Overall, demand for oil during 1960--93 has increased from around 20 million b/d in 1960 to as high as 65 million b/d in 1993. The consensus among energy analysts and forecasters is that this demand growth will continue. This will encourage OPEC and non OPEC producers to invest in the oil industry to meet future demand growth. However, since the resource base is larger in OPEC than in non-OPEC areas, and since the cost of developing these resources is lower in OPEC than outside OPEC, the future call on OPEC oil to meet growth in demand will undoubtedly be substantiated as production from the non-OPEC region diminishes or at best stagnates. The paper discusses OPEC production trends, non-OPEC production, natural gas liquids, future production scenarios, and future constraints on production.

Ismail, I.A.H. (Organization of Petroleum Exporting Countries, Vienna (Austria))

1994-12-26T23:59:59.000Z

12

Is there oil after OPEC : Ecuador's Pasaje  

Science Conference Proceedings (OSTI)

Since 1973 when Ecuador joined the Organization of Petroleum Exporting Countries, crude oil production increased by nearly half and domestic petroleum consumption has more than tripled. Oil's percent of Gross Domestic Product was just 3% in 1972, peaked at 17.3% in 1974, and has since declined to 11.71% in 1991. In 1992 the national perspective changed and found that OPEC membership was working against, not in favor of, economic growth. This issue addresses Ecuador's status change and its plans for its petroleum and economic future.

Not Available

1992-12-14T23:59:59.000Z

13

Non-OPEC oil production: The key to the future  

Science Conference Proceedings (OSTI)

The dramatic increase in non-OPEC oil production that has occurred since the fuel crises of the seventies was accelerated by the subsequent increases in oil prices on world markets. Current moderate world prices are attributable to increased supply in the last decade from these countries. Among those nations whose production has more than doubled since 1973 are China, Mexico, the UK, Norway, Egypt, India, Oman, Brazil, Colombia, Angola, and Syria. In this context, non-OPEC nations include the Communist oil-producing countries, since their ability to meet their own domestic demand has forestalled the day when they will compete for supplies on world markets. The prospect for continued growth in non-OPEC oil production is good. Prospects for additions to reserves continue to be bright in virgin exploration areas and semimature oil-producing provinces. Non-OPEC oil production may reach peak levels in the 1995--2000 time frame. However, production will be increasingly countered by growing demand, especially in South and Central America and Asia. It is almost certain that by the mid-nineties, competition for oil supplies in world markets will elevate the price of oil available from the well endowed OPEC nations. Supply disruptions as well may be in the offing by the turn of the century as surpluses on world markets disappear. 92 refs., 20 figs., 5 tabs.

Borg, I.Y.

1990-05-11T23:59:59.000Z

14

The real prospect of non-OPEC oil supply  

Science Conference Proceedings (OSTI)

The above analysis does not constitute a forecast of non-OPEC supply. But the picture that emerges from it is so different from the conventional wisdom of the past 10 to 15 years, we believe it deserves careful consideration. There is little evidence that the general historical pattern of regularly finding sufficient oil to meet world demand has changed, or is about to change. Without a clear indication that they have done so, OPEC`s planners should expect more non-OPEC production for the foreseeable future. We all know that higher prices have provided incentives to explore at least the more attractive of the potential targets. But more stable prices, even at low levels ($15 to $18 per barrel) and better technologies will induce more diverse oil suppliers.

Al-Sahlawi, M.A. [King Fahd Univ. of Petroleum and Minerals, Dhahran (Saudi Arabia)

1993-12-31T23:59:59.000Z

15

Ten-year retrospective: OPEC and the world oil market  

Science Conference Proceedings (OSTI)

This paper reviews the main events in the world oil market since 1973 and some major explanations as to what happened and why (Section I). Then there is a discussion of some projections for the next two decades and of some implications of various theories about OPEC's decisionmaking process (Section II). Section III summarizes what we have learned about modeling OPEC and the world oil market. This includes: the dominant theoretical approach based on the wealth-maximization model of Harold Hotelling (1931); the simulation approach most common in the applied literature, which envisages target-capacity-utilization pricing by OPEC; and the difficult problem of modeling price behavior during disruptions. Finally, Section IV discusses some important unresolved issues, both theoretical and empirical. A variety of contributions to the literature are considered, but the discussion pays special attention to two important recent works. One is the book OPEC Behavior and World Oil Prices (1982) (EAPA 9:3899) edited by James Griffin and David Teece, an important collection of papers on OPEC and world oil, prepared for a 1981 conference at the University of Houston. The other is the 1980 to 1981 world oil study by the Energy Modeling Forum of Stanford Univesity, which involved ten prominent models of the world oil market. 31 references.

Gately, D.

1984-09-01T23:59:59.000Z

16

Prospects for OPEC oil in the 1980s  

SciTech Connect

Although OPEC is in a crisis, the world economy will remain dependent on oil, and most importing countries will continue to be largely dependent on OPEC, especially on its Persian Gulf sources of supply, during the 1980s. The concept of the OPEC multiplier explains the pattern of oil production and demand reduction, and is central to understanding the future evolution of the world oil market. The impact of irreversible and reversible conservation and economic recession varies from country to country and is difficult to quantify. This analysis attributes most of the short-term reductions in energy use to the recession, but also notes that all of the reductions in world primary consumption between 1980-1983 have been borne by oil. The author explains the OPEC multiplier effect in this context, and shows how even a small percentage change in world economic activity and primary energy consumption leads to a larger percentage change in world demand for OPEC oil. 2 figures, 4 tables.

Mossavar-Rahmani, B.

1983-01-01T23:59:59.000Z

17

An oil and gas cartel OPEC in evolution  

SciTech Connect

More than ever before, the Organization of Petroleum Exporting countries is faced with a sophisticated and complex market, a highly charged environmental movement, and new calls for energy conservation and alternative fuels. It has lost a member, Ecuador. However OPEC's future evolves, it will be challenged to change. As non-OPEC oil production continues to decline, OPEC's future could brighten considerably. Natural gas presents a great opportunity to OPEC as many industrial and developing countries utilize gas more extensively because of price and environmental advantages. Whether oil or gas, OPEC will require large amounts of capital to satisfy the world's appetite for petroleum. The loss of Ecuador seems a setback to the Organization, but there are burgeoning Soviet Republics with large reserves in need of development assistance to tap into their natural resources more effectively. On the demand side, many companies are seeking hospitable recipients for their exploratory activities and investment capital. OPEC's role might somehow include the embrace of these developments for the betterment of its individual, unique members.

Not Available

1992-12-23T23:59:59.000Z

18

The oil price and non-OPEC supplies  

SciTech Connect

The design of any effective oil pricing policy by producers depends on a knowledge of the nature and complexity of supply responses. This book examines the development of non-OPEX oil reserves on a field-by-filed basis to determine how much of the increase in non-OPEC production could be attributable to the price shocks and how much was unambiguously due to decisions and developments that preceded the price shocks. Results are presented in eighteen case-studies of non-OPEC producers. This study will be of interest to economists and planners specializing in the upstream and to policy makers both in oil producing and consuming countries.

Seymour, A.

1991-01-01T23:59:59.000Z

19

Other Non OPEC Net Imports of Crude Oil and Petroleum ...  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

20

OPEC and the price of oil in 1993  

Science Conference Proceedings (OSTI)

This article is based on a talk given by Mr. Francisco R. Parra - a former Secretary General of OPEC and senior executive of Petroleos de Venezuela - at the Advanced International Petroleum Executive Seminar held by Petroleum Economics Limited in Divonne, from 9 to 11 March 1993. The article first appeared in Middle East Economic Survey 36:26, 29 March 1993. It is reprinted here with permission from the author and MEES. In his talk, he examines the minimal impact of OPEC on world oil prices during the past five years and discusses a number of reasons for this. To reverse this, he concludes that OPEC should limit inventories until prices for crude reach $25/bbl. 5 figs., 2 tabs.

Parra, F.R.

1994-12-31T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


21

Oil and turmoil: America faces OPEC and the Middle East  

Science Conference Proceedings (OSTI)

Middle-East expert Rustow traces the chain of events that placed economic power in an unstable region. He recounts how European imperialists acquired and surrendered their positions of domination, how nationalists such as Nasser and Qaddafi sought to manipulate the superpowers, and how leaders such as Sadat and Begin wrestled with war and peace. Meanwhile, the oil industry's Seven Sisters lost their preeminence as OPEC grew from a loose confederacy of oil shiekdoms into a cartel strong enough to shake the world economy. Rustow analyzes the confusion in oil-consuming countries that led to long gasoline lines one year and talk of an oil glut and OPEC's collapse the next. He puts into context Washington's uneven efforts to bring stability to the strife-torn Middle East. 221 references, 3 figures, 7 tables.

Rustow, D.A.

1982-01-01T23:59:59.000Z

22

Non-OPEC oil supply continues to grow  

SciTech Connect

Global reserves of crude oil remain at 1 trillion bbl, according to OGJ`s annual survey of producing countries. Significant gains are in Brazil, Colombia, Congo, Egypt, Libya, Nigeria, Oman, and Papua New Guinea. Decreases were reported by Indonesia, Norway, the U.K., Iran, Canada, Mexico, and the US. Natural gas reserves slipped to 4.9 quadrillion cu ft. The major production trend is a lasting surge from outside of OPEC. This year`s Worldwide Production report begins with a detailed analysis of this crucial development by an international authority. This article discusses the OECD outlook by region and the turnaround in production in the former Soviet Union.

Knapp, D.H. [International Energy Agency, Paris (France)

1995-12-25T23:59:59.000Z

23

Oil and OPEC: An analysis of United States oil dependency and the changing face of OPEC. Study project  

SciTech Connect

Throughout the twentieth century, major oil companies have been the object of intense scrutiny, suspicion, and mistrust. In their heyday before World War II, they controlled over 90 percent of the world oil production. As the Second World War was coming to an end, it became clear that the United States would not longer continue to be a major exporter of oil and that the Middle East would be called upon to meet the rising needs of the world. In the 1960s and 1970s, the Middle Eastern oil-producing countries (OPEC) wrested more power from the major Western companies either through sweeping new agreements or through nationalization movements. Oil power catapulted these Third World countries into the international arena and into positions of great wealth and influence. Just as oil has enabled nations to accumulate wealth and power, it has also proved that it is a prize that can be overvalued and can lead to a country's demise. Oil imports are impairing or threaten to impair the national security of the United States. The U.S. finds itself more vulnerable to political or economic blackmail because of its reliance on foreign oil supplies.

Simmons, J.J.

1992-04-15T23:59:59.000Z

24

A supply-demand model for OPEC oil-pricing policies  

SciTech Connect

OPEC and its pricing policies have been subjected to constant international attention as well as criticism since 1973. Consumers find OPEC behavior irrational, while OPEC tries to justify its policies as rational and in accordance with the realities of the international oil market. The focus of this study is to contribute toward an analytical and empirical work on OPEC pricing behavior, and highlight the various factors believed to affect the future oil policies of OPEC member countries. After a survey of literature on the theoretical framework of world oil models in general, and OPEC models in particular, a linear econometric model for pricing OPEC oil is formulated which is a supply-demand equilibrium model comprising of supply, demand, and inflation-rate functions. Estimation of the behavioral equations are carried out by Ordinary and Two-Stage Least Square estimators. Econometric results from the estimation and simulation of the model seem to indicate that OPEC's pricing behavior is market-responsive and may best be explained by employing the theoretical framework of market-equilibrium condition.

Heiat, N.

1988-01-01T23:59:59.000Z

25

The world oil market and OPEC behavior: The leak-producer price leader model  

SciTech Connect

This is an economic study of the world's oil market in which OPEC plays the central role in determining the oil supply and price. Understanding OPEC's behavior is at the core of understanding the world's oil market. However, oil is a resource belonging to the family of natural resources known as exhaustible. We do not produce oil; we only extract and distribute a fixed amount of the resource over generations. Optimal extraction is a matter of concern to both suppliers and consumers. First, it is shown that using the traditional theory of producers behavior in the conventional commodity markets to explain extractors behavior in exhaustible resource markets is completely wrong. Second, current models of OPEC behavior are reviewed. Third, an alternative model is introduced. Previous authors have not directed their models to give explanations to the peculiar observations in oil market. This model divides the world's oil suppliers into: the free riders (non-OPEC oil producers), the OPEC hawks (a group within OPEC) and the leak-producer price leader (Saudi Arabia). Three factors, namely relatively big oil reserves, no other sources of income, and the avoidance of the so-called backstop technology make Saudi Arabia more interested in lower oil prices than are other oil extractors.

Aboalela, A.A.

1988-01-01T23:59:59.000Z

26

U.S. Imports from OPEC Countries of Crude Oil and Petroleum ...  

U.S. Energy Information Administration (EIA)

U.S. Imports from OPEC Countries of Crude Oil and Petroleum Products (Thousand Barrels) Decade Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 ...

27

U.S. Imports from OPEC Countries of Crude Oil and Petroleum ...  

U.S. Energy Information Administration (EIA)

U.S. Imports from OPEC Countries of Crude Oil and Petroleum Products (Thousand Barrels) Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1993: ...

28

Impact of 1973 Oil Embargo and 2005 Katrina on Energy Efficiency  

E-Print Network (OSTI)

The need for energy efficiency captured the attention of all sectors of our society in 1973 when an Oil Embargo was imposed by the oil producing and exporting countries. Interest in energy efficiency continued during the 1980s primarily due to environmental concerns and secondarily because of economic and industrial competitiveness issues. Recent energy supply disruptions caused by hurricanes Katrina and Rita have generated a renewed interest in energy efficiency. Oil Embargo of 1973 was termed as “energy crisis” and “energy problem” in the industrialized countries. However, the technocrats took it as a challenge and as an opportunity. As a result of their work, to-day our refrigerators are twice as efficient, heating furnaces are one-third more efficient, cars are one-half more efficient, and light bulbs are four times as efficient. Interest in energy efficiency during the 1980s by the U. S. Government and its outcome became very handy when Katrina and Rita hit last year. The Industrial Technologies Program (ITP) of the U. S. Department of Energy (DOE) had developed several energy efficient programs such as Best Practices Tools. Some of these tools are Air- Master, Motor Master, Steam System Analysis Tool (SSAT), Process Heating Analysis and Survey Tool (PHAST), Pumping System Analysis Tool (PSAT), Fans System Analysis Tool (FSAT) and the list goes on. Not only that, DOE had trained some Qualified Specialists to use these tools. As a result of these available resources, Save Energy Now (SEN) was the response from the DOE to the impacts of Katrina and Rita. Two Hundred Energy Saving Assessments (ESAs) were conducted for the most energy intensive manufacturers. This paper describes some details of the experiences and impacts of some of these ESAs. Some case studies are discussed in this paper.

Mehta, P.

2007-05-01T23:59:59.000Z

29

OPEC and the United States. The political economy of oil supply  

Science Conference Proceedings (OSTI)

World oil markets have fluctuated widely during the decade from 1973 to 1983, resulting in major adjustments in patterns of consumption and in the structure of the energy trade worldwide. This study focuses on the role of OPEC as both a producer and a consumer of energy and examines how the role affects the complex relations between OPEC and the U.S. The authors think that the recent U.S shift to closer markets like Mexico and Venezuela and the resulting unfavorable balance of trade with the Middle East and Africa will, in the long run, hurt the U.S. They predict a resurgence of OPEC as a producer of oil, oil products, and petrochemicals within the next twenty years as well as an increasing sophistication in marketing strategies on the part of OPEC members.

Mallakh, R.E.; Poulson, B.

1985-01-01T23:59:59.000Z

30

OPEC and the United States: The political economy of oil supply  

SciTech Connect

World oil markets have fluctuated widely during the decade from 1973 to 1983, resulting in major adjustments in patterns of consumption and in the structure of the energy trade worldwide. This study focuses on the role of OPEC as both a producer and a consumer of energy and examines how that role affects the complex relations between OPEC and the U.S. The authors think that the recent U.S. shift to closer markets like Mexico and Venezuela and the resulting unfavorable balance of trade with the Middle East and Africa will, in the long run, hurt the U.S. They predict a resurgence of OPEC as a producer of oil, oil products, and petrochemicals within the next twenty years as well as an increasing sophistication in marketing strategies on the part of OPEC members.

Mallakh, R.E.; Poulson, B.

1986-01-01T23:59:59.000Z

31

Proposed currency composite approach to pricing OPEC oil: problems and possibilities  

SciTech Connect

The primary purpose of this dissertation was to explore the nature, purposes, benefits, and barriers of establishing a currency basket for OPEC as an alternative to the use the dollar for international trade in oil. The study included the construction and evaluation of three alternative currency baskets and the evaluation of two other baskets for the protection of the real price of OPEC oil from foreign-exchange fluctuations between 1971 and 1980. A secondary objective was to assess the inflationary impact on the real price of oil. Finally, the purpose was to evaluate the changes of the terms of trade of OPEC during the same period. The findings of the research are as follows: During 1971-1980, inflation and the relative weakness of the dollar have reduced the real price of oil to OPEC. In spite of this, the terms of trade of OPEC have substantially improved. This was because OPEC increased its oil prices much more than sufficient to compensate for inflation and the fluctuation of foreign-exchange rates.

Shaaf, M.B.

1982-01-01T23:59:59.000Z

32

OPEC the failing giant  

SciTech Connect

This book discusses about OPEC and the world oil situation. The author contends that OPEC's failure to develop pricing formulas sensitive to fluctuations in the international oil market has made them highly vulnerable.

Ahrari, M.E.

1985-01-01T23:59:59.000Z

33

Global Oil Geopolitics  

U.S. Energy Information Administration (EIA)

Iran-Iraq War . Iranian revolution . Arab Oil Embargo . Asian financial crisis . capacity exhausted . Global financial collapse . 9-11 attacks . OPEC cuts targets 1.7 ...

34

Ten-year retrospective on OPEC and the world oil market  

Science Conference Proceedings (OSTI)

Following a review of the main events in the world oil market since 1973 and some of the major explanations of what happened and why, the author discusses projections for the next two decades and considers some implications of various theories of how decisions are made by OPEC. This includes the dominant theoretical approach that uses Hotelling's wealth-maximization model, the simulation approach of target-capacity-utilization pricing by OPEC, and the problem of modeling price behavior during disruptions. The final section discusses some of the important unresolved issues, such as supply and demand uncertainties, the best behavior for OPEC, and the dispute over OPEC's significance to events of the past decade. 31 references.

Gately, D.

1983-01-01T23:59:59.000Z

35

Statement from Energy Secretary Bodman on OPEC's Decision to Cut Crude Oil  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Bodman on OPEC's Decision to Cut Bodman on OPEC's Decision to Cut Crude Oil Production Statement from Energy Secretary Bodman on OPEC's Decision to Cut Crude Oil Production October 19, 2006 - 9:17am Addthis "We continue to believe that it is best for oil producers and consumers alike to allow free markets to determine issues of supply, demand and price. Despite the recent downturn in crude oil prices, they remain at historically high levels, clearly indicating a global demand for petroleum products. And as past experience has shown, market intervention is not beneficial for producing or consuming nations. "While U.S. gasoline prices have fallen, crude inventories are high and our economy remains strong, we must reduce America's dependence on foreign energy sources, as President Bush has said time and again. To do so, we

36

Non-OPEC oil supply gains to outpace demand in 1997  

SciTech Connect

Rising oil supplies in 1997 will relax some of the market tightness that drove up crude prices last year. Worldwide demand for petroleum products in 1996 rose faster than anticipated and faster than supply from outside the Organization of Petroleum Exporting Countries. This increased demand for OPEC oil and pushed up prices for crude. At year end, the world export price of crude was up more than 25% from the same period a year earlier. Market conditions will change in 1997. While worldwide economic growth will continue to boost demand for energy and petroleum, non-OPEC petroleum supply will grow even more. Increases in North Sea and Latin American production will help boost non-OPEC output by 1.9 million b/d. And revenues from 1996 production gains will make additional investment possible in exploration and production. The paper discusses world economic growth, world oil demand, worldwide supply, supply outlook, prices and international drilling.

Beck, R.J.

1997-01-27T23:59:59.000Z

37

Embargoed Deletion  

NLE Websites -- All DOE Office Websites (Extended Search)

PNAS proof PNAS proof Embargoed Deletion of Cel48S Q:1 from Clostridium thermocellum ; 2 Daniel G. Olson a,b,c , Shital A. Tripathi a,c , Richard J. Giannone c,d , Jonathan Lo b,c , Nicky C. Caiazza a,c , David A. Hogsett a,c , Robert Hettich c,d , Adam M. Guss b,c , Genia Dubrovsky b,c , and Lee R. Lynd a,b,c,e,1 a Mascoma Corporation, NH 03766; b Thayer School of Engineering and e Department of Biological Sciences, Dartmouth College, NH 03755; and c BioEnergy Science Center, d Oak Ridge National Laboratory, TN 37830 Q:3 Edited* by Lonnie O'Neal Ingram, University of Florida, Gainesville, FL, and approved August 16, 2010 (received for review April 9, 2010) Clostridium thermocellum is a thermophilic anaerobic bacterium that rapidly solubilizes cellulose with the aid of a multienzyme cel- lulosome complex. Creation of knockout mutants for Cel48S (also known as CelS, S S , and S8), the most abundant cellulosome

38

OPEC and lower oil prices: Impacts on production capacity, export refining, domestic demand and trade balances  

SciTech Connect

The East-West Center received a research grant from the US Department of Energy's Office of Policy, Planning, and Analysis to study the impact of lower oil prices on OPEC production capacity, on export refineries, and the petroleum trade. The project was later expanded to include balance-of-payments scenarios and impacts on OPEC domestic demand. The Department of Energy requested that the study focus on the Persian Gulf countries, as these countries have the largest share of OPEC reserves and production. Since then, staff members from the East-West Center have visited Iran, the United Arab Emirates, and Saudi Arabia and obtained detailed information from other countries. In addition, the East-West Center received from a number of large international oil companies and national governments valuable information on OPEC production capabilities. In order to safeguard the confidential nature of this information, these data have been aggregated in this report. The East-West Center considers the results presented to be the most up-to-date information and analysis available today. This report also provides a major reassessment of the export refining and economic competitiveness of Middle East refineries. As pioneers of the research on OPEC export refineries, the East-West Center has fully reevaluated the performance and outlook of these refineries as of the present. 21 figs., 20 tabs.

Fesharaki, F.; Fridley, D.; Isaak, D.; Totto, L.; Wilson, T.

1989-01-01T23:59:59.000Z

39

Outlook for Non-OPEC Oil Supply in 2010-2011 (Released in the STEO January 2010)  

Reports and Publications (EIA)

Two large categories define the world's producing countries of crude oil andother liquid fuels (hereafter liquids): those that are members of theOrganization of the Petroleum Exporting Countries (OPEC) and those that areoutside that group (non-OPEC). This article takes a closer look at the lattercategory.

Information Center

2010-01-02T23:59:59.000Z

40

Structure of the world oil market and the role of OPEC  

SciTech Connect

OPEC members have long been suspected of acting collusively in the market and the object of this dissertation is to estimate the degree of interdependence or the degree of collusion among the large producers in OPEC by analyzing their past output behavior. It is assumed that the oil industry in the non-Communist part of the world consists of a group of small producers acting as price takers and a group of large producers in OPEC setting the price in the market. Large producers may collude or act independently. In order to achieve the objective, a Nash-Cournot non-cooperative model of the world oil market is developed. This model assumes that the world oil industry is composed of a group of small producers acting as price takers (the fringe) and a group of large producers acting independently in the market. Each large producer maximizes his own sum of discounted profits while taking the sales paths of other large producers as well as the sales path of the fringe as given. The solution of the model leads to the optimal production path for an independent large producer, who operates in a market consisting of n independent large producers. This optimal production path, however, is applicable to individual large producers only if they all act independently in the market. Therefore, this optimal production path is modified into a general equation representing the optimal production path for an individual large producer in OPEC, whether he acts independently or colludes with other large producers.

Najafizadeh, A.

1985-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


41

Outlook for Non-OPEC Oil Supply Growth in 2008-2009 (Released in the STEO February 2008)  

Reports and Publications (EIA)

In 2008-2009, EIA expects that non-OPEC petroleum supply growth will surpass that inrecent years because of the large number of new oil projects scheduled to come onlineduring the forecast period.

Information Center

2008-02-01T23:59:59.000Z

42

OPEC Revenues Fact Sheet  

Reports and Publications (EIA)

This report includes estimates of OPEC net oil export revenues, based on historical estimates and forecasts from the latest EIA Short-Term Energy Outlook.

2013-06-22T23:59:59.000Z

43

Do OPEC Members Know Something the Market Doesn’t? “Fair Price ” Pronouncements and the Market Price of Crude Oil  

E-Print Network (OSTI)

OPEC producers, individually or collectively, often make statements regarding the “fair price ” of crude oil. In some cases, the officials commenting are merely affirming the price prevailing in the crude oil market at the time. In many cases, however, we document that they explicitly disagree with the contemporaneous futures price. A natural question is whether these “fair price ” pronouncements contain information not already reflected in market prices. To find the answer, we collect “fair price ” statements made between 2000 and 2009 by officials from OPEC or OPEC member countries. Visually, the “fair price ” series looks like a sampling discretely drawn (with a lag) from the daily futures market price series. Formally, we use several methodologies to establish that “fair price ” pronouncements have little influence on the market price of crude oil and that they supply little or no new news to oil futures market participants.

Celso Brunetti; Bahattin Büyük?ahin; Michel A. Robe; Kirsten R. Soneson; David Reiffen; Bob Buckley; Rasmus Fatum; Robert L. Losey; Jim Moser; Adam Sieminski; Phil Verlegger; Joe Konizeski

2010-01-01T23:59:59.000Z

44

OPEC market to 1985  

SciTech Connect

A forecasting system is developed for determining future imports of real goods and services by OPEC members. The forecasting system permits development of alternative forecasts as better and more accurate information becomes available. The information base of each OPEC country may be modified to generate different projections regarding future oil revenues.

Abolfathi, F.; Kenyon, G.; Hayes, M.D.; Hazelwood, L.A.; Crain, R.

1977-01-01T23:59:59.000Z

45

OPEC Crude Oil Production 1998-2001 - U.S. Energy Information ...  

U.S. Energy Information Administration (EIA)

The pullback in OPEC production in 1998 and 1999 in the face of increasing demand tightened the world petroleum balance and caused prices to rise.

46

Don't count OPEC out  

Science Conference Proceedings (OSTI)

Prediction of OPEC's demise may be premature since the US and the industrial world continue their reliance on Middle East oil. US dependence on imported oil could increase with economic recovery and present OPEC with new opportunities to manipulate prices enough to discourage non-OPEC production and conservation. Analysts predict that a new and stronger OPEC may emerge unless the people are unwilling to delay their own development just to keep the West hooked on cheap oil. 1 figure, 1 table. (DCK)

Eason, H.

1983-05-01T23:59:59.000Z

47

25. anniversary of the 1973 oil embargo: Energy trends since the first major U.S. energy crisis  

Science Conference Proceedings (OSTI)

The purpose of this publication is not to assess the causes of the 1973 energy crisis or the measures that were adopted to resolve it. The intent is to present some data on which such analyses can be based. Many of the trends presented here fall into two distinct periods. From 1973 to the mid-1980`s, prices continued at very high levels, in part because of a second oil shock in 1979--80. During this period, rapid progress was made in raising American oil production, reducing dependence on oil imports, and improving end-use efficiency. After the oil price collapse of the mid-1980`s, however, prices retreated to more moderate levels, the pace of efficiency gains slowed, American oil production fell, and the share of imports rose. 30 figs.

NONE

1998-08-01T23:59:59.000Z

48

OPEC takes a bow while non-OPEC calls intermission  

Science Conference Proceedings (OSTI)

OPEC's cuts in light crude prices are credited with calming oil market jitters and for saving consuming countries money. Non-OPEC North Sea, Mexico, and other oil exporters, accompanied by OPEC member Venequela in the case of its very heavy crudes, will be reacting individually to economic imperatives, and will be factors in the updated OPEC pricing structure. Citing Energey Detente interviews on spot and futures markets, the author compares value components of both heavy and light crudes and some of the dynamics involved in world oil prices. He develops a scenario of stabilized or reduced heavy oil prices that could stop the erosion of light oil prices and help to stabiliize the overall world oil market. 2 figures.

Not Available

1985-02-13T23:59:59.000Z

49

Strategies for OPEC`s pricing and output decisions  

SciTech Connect

This paper examines OPEC pricing and output strategies, both to provide an understanding of OPECs unwise price doubling in 1979-80 and also to analyze what strategy might serve it best for the future. We focus on the unavoidable uncertainty regarding the underlying parameters that characterize the world oil market (price elasticities, income growth rates), and the sensitivity of discounted OPEC revenue to changes in these parameters, for various pricing strategies. In 1979-80, OPEC chose a high-price strategy, which could have yielded good results (like many other price-paths) if the market`s underlying parameters had been more favorable. But the price elasticities of demand and non-OPEC supply were much higher than anticipated, so that OPEC did very poorly-not only in absolute terms, but also relative to what it could have achieved if it had set its price more cautiously. We search for a robustly optimal strategy for OPEC in the future, which will serve it well relative to other strategies, regardless of the true parameter values underlying the market (within some plausible range). We conclude that OPEC`s interests will be served best by a policy of moderate output growth, at a rate no faster than that of world income growth. This will require that OPEC slow its rate of output growth since 1985, cutting it at least in half. Slowing its output growth will allow OPEC gradually to regain the market share lost after its disastrous 1979-80 price doubling, but without jeopardizing its revenue, as might a policy of more rapid increases in output. This will yield a consistently good result for OPEC, relative to alternative strategies, over a fairly wide range of demand and supply conditions. 53 refs., 7 figs., 3 tabs.

Gately, D. [New York Univ., New York, NY (United States)

1995-12-31T23:59:59.000Z

50

Lubricants Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

51

Non-OPEC supply to fill global 1996 demand gain  

SciTech Connect

Excess capacity brought on by rapidly rising oil production from outside the Organization of Petroleum Exporting Countries, coupled with stabilization of output from the Commonwealth of Independent States, will hamper OPEC`s efforts to balance the oil market in 1996. World demand for oil is projected to move up sharply. But non-OPEC output will increase even more, challenging OPEC to reduce production quotas. This paper reviews data on supply, demand, and production from these non-OPEC countries and the overall effects it will have on OPEC operations and costs.

Beck, R.J.

1996-01-29T23:59:59.000Z

52

How many sisters. OPEC's new directions  

Science Conference Proceedings (OSTI)

OPEC's direction for the future is discussed in this article. Some points that will guide OPEC's thinking are: OPEC is still not certain of its oil's share in the energy market, OPEC will allow its unsolicited role as residual supplier to become the stabilizing factor in the oil market, and OPEC countries will continue to develop an integrated international industry, with the principal feature of this strategy being the need of OPEC's national oil companies to optimize crude oil production, refining and transporting operations by using overseas refining and product distribution networks. Issues are discussed that relate to a newly planned long-term strategy, including: protecting the organization's cohesion beyond 2000; increasing their oil and gas resource bases through aggressive exploration at home and abroad; production planning and quota management of demand increases in the market; price administration along previously agreed-upon market shares; avoidance of conflicting political questions other than oil issues; and avoidance of military issues within OPEC. OPEC members are moving from an investment strategy aimed at conserving and protecting the purchasing power of their oil revenues to one of increasing the value of that oil.

Ortiz, R.G.

1985-04-01T23:59:59.000Z

53

The Rise and Decline of U.S. Private Sector Investments in Energy R&D since the Arab Oil Embargo of 1973  

Science Conference Proceedings (OSTI)

This paper presents two distinct datasets that describe investments in energy research and development (R&D) by the US private sector since the mid1970s, which is when the US government began to systematically collect these data. The first dataset is based upon a broad survey of more than 20,000 firms’ industrial R&D activities. This broad survey of US industry is coordinated by the US National Science Foundation. The second dataset discussed here is a much narrower accounting of the energy R&D activities of the approximately two dozen largest US oil and gas companies conducted by the US Department of Energy’s Energy Information Agency. Even given the large disparity in the breadth and scope of these two surveys of the private sector’s support for energy R&D, both datasets tell the same story in terms of the broad outlines of the private sector’s investments in energy R&D since the mid 1970s. The broad outlines of the US private sector’s support for energy R&D since the mid 1970s is: (1) In the immediate aftermath of the Arab Oil Embargo of 1973, there is a large surge in US private sector investments in energy R&D that peaked in the period between 1980 and 1982 at approximately $3.7 billion to $6.7 billion per year (in inflation adjusted 2010 US dollars) depending upon which survey is used (2) Private sector investments in energy R&D declined from this peak until bottoming out at approximately $1.8 billion to $1 billion per year in 1999; (3) US private sector support for energy R&D has recovered somewhat over the past decade and stands at $2.2 billion to $3.4 billion. Both data sets indicate that the US private sector’s support for energy R&D has been and remains dominated by fossil energy R&D and in particular R&D related to the needs of the oil and gas industry.

Dooley, James J.

2010-11-01T23:59:59.000Z

54

Non-OPEC oil supply outages remain above year-ago level ...  

U.S. Energy Information Administration (EIA)

Home; Browse by Tag; Most Popular Tags. electricity; oil/petroleum; liquid ... South Sudan has signed an agreement with Sudan on oil export fees and security ...

55

Alternative models of OPEC behavior  

Science Conference Proceedings (OSTI)

Since the 1973 oil price jump there has been considerable interest in the Organization of the Petroleum Exporting Countries (OPEC) and its role in the international oil market. However, most of the literature on this subject is mainly concerned with either a time-control problem in which the optimality and implication of certain market behavior is analyzed or a simulation of the oil market assuming a particular market behavior by OPEC members. Our objective in this preliminary research is to present a unified framework in which we construct models of viable alternative market behaviors for OPEC members assuming profit-maximization behavior. Each model will be specified as a system of nonlinear simultaneous equations, and for a particular functional forms specification, we present the estimates of the first two models considered.

Al-Sultan, A.M.

1993-12-31T23:59:59.000Z

56

Interdependencies 1989, Part III: Focus on solidarity with OPEC  

SciTech Connect

Several non-OPEC countries, and sometimes elements within countries, have been in dialogue with OPEC about oil market supply, demand, and pricing for the past few years. Recently, some have attended OPEC meetings as observers for the first time. Economists have asked, Will this strengthen OPEC make it into a true cartel Is free oil marketing threatened In this issue a remarkable paper addresses the evolution of relationships between OPEC and non-OPEC producers. This issue also presents the following: (1) ED refining netback data series for the US Gulf and West Coasts, Rotterdam, and Singapore as of July 7, 1989; and (2) ED fuel price/tax series for the countries of the Western Hemisphere, July 1989 edition. Includes paper by John Roberts, OPEC and non-OPEC Relations, March 1989. 2 figs., 5 tabs.

Not Available

1989-07-10T23:59:59.000Z

57

Non OPEC Net Imports of Crude Oil and Petroleum Products into the U.S.  

U.S. Energy Information Administration (EIA)

... California crude oil to Pacific Rim countries. The Persian Gulf includes Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates.

58

Survival of OPEC, as viewed by a selected sample of OPEC's leaders  

Science Conference Proceedings (OSTI)

A questionnaire was designed and mailed to OPEC members, 60% of whom responded. Their answers, combined with the formation history of the Organization and its eventful life in the past decades were studied and treated in the descriptive historical format. In the first chapter the problem was defined and its background was described. This chapter formulated the research question as: Will OPEC in the opinion of OPEC ministers and directors continue to be an effective organization in the future as it has been in the past. What is the future of OPEC. The second chapter reviewed the literature. Two hypotheses were considered in this study: (1) Hypothesis 1 stated, OPEC members will continue to market their oil, determine proper price for it, and set fair quotas for each member as effectively in the future as in the past. (2) Hypothesis 2 stated, OPEC members will face difficulties in marketing their oil, determining proper oil prices, and setting fair quotas for each member; and the Organization will be weakened or totally destroyed in the future due to the conflicts among members and international pressure. Responding OPEC officials believed that OPEC is an effective organization and will remain so in the future. Their views were in support of hypothesis one. However, based on consideration of other factors, the research concluded that in the long run OPEC will most likely face difficulties in maintaining its solid and powerful operation and marketing strategies.

Assefi Soleimany, S.

1985-01-01T23:59:59.000Z

59

Held Hostage: America and Its Allies Confront OPEC, 1973 - 1981  

E-Print Network (OSTI)

The oil shocks of the 1970s, initiated by the first Arab oil embargo in 1973, stunned the industrialized world. The Organization of Petroleum Exporting Countries (OPEC) controlled a resource that was vital to the national well-being and national security of America and its allies. In the United States, gas lines formed as Americans waited for increasingly costly and scarce fuel. Europeans realized that the energy shortages, which they originally believed to be short-term, might permanently change their lives. This dissertation places the historical debate about the effectiveness of domestic and foreign energy policy within the framework of the global transformations taking place at the end of the twentieth century. The collapse of the Bretton Woods system in 1971 and the advent of petrodollars on world currency markets, the emergence of the Soviet Union as an oil exporter, the rise of OPEC as a regulator of oil prices and the consequent decline in the power of the seven major multinational oil companies, and the growth of a global environmental movement, all contributed to the shifting interplay of forces confronting the United States and its allies in the late twentieth century and shaped the debate over national and international energy policy. America's efforts to work with its allies to develop a cohesive national and international energy policy fell victim to the struggle between political autonomy and interdependence in an era of globalization. The allied response to the Iranian hostage crisis and the Soviet invasion of Afghanistan highlighted these conflicts within the alliance.

Barr, Kathleen

2012-05-01T23:59:59.000Z

60

OPEC at high noon 1974-1981  

E-Print Network (OSTI)

After 1973, oil consumption stagnated worldwide. Non-OPEC output increased, mostly in Alaska, Mexico, and the North Sea, but not because of the price rise. The cartel nations had to assume the whole burden of cutting back ...

Adelman, Morris Albert

1992-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


61

OPEC versus the west: a robust equilibrium  

Science Conference Proceedings (OSTI)

Suppose that both OPEC and the West possess stocks of oil which can be extracted at constant and identical cost. Consumption takes place only in the West. Suppose, hypothetically, that the West behaves as a single agent and, more realistically, that OPEC does also. Each agent makes a strategic choice of the pattern of exploitation over time of its own reserve. The Nash equilibrium obtained is ''robust'' in that it is also a ''Stakelberg equilibrium'' in which each agent is ''right for the right reason.'' Further, the equilibrium obtained is equivalent to that obtained when Western oil companies constitute a competitive fringe to the OPEC monopoly. 4 figures, 12 references

Robson, A.J.

1983-03-01T23:59:59.000Z

62

OPEC behavior: a test of alternative hypotheses  

Science Conference Proceedings (OSTI)

Since interpretations of past and future oil price patterns depends on the model chosen, the author tests and compares alternative theories of OPEC as a first step in validating the choice on any one model. The results show that among OPEC countries, the partial market-sharing cartel model is the only model not rejected by at least some of the 11 members and gives the best explanation of production. In comparison with 11 non-OPEC countries, the competitive model could not be rejected for 10 of the 11 non-OPEC producers. This raises the question of why, if OPEC is a cartel, Friedman's predictions have not come true, and introduces new questions for future research. 19 references, 3 tables.

Griffin, J.M.

1985-12-01T23:59:59.000Z

63

The key to better times is Opec pricing discipline  

Science Conference Proceedings (OSTI)

According to the author, 1988 proved again that Opec's ability to control world oil markets in tenuous at best. Oil analysts had trouble determining direction of the cartel, with forecasts showing a wide range of possibilities for oil prices. In the last half of the year, concern about a long-term collapse in oil prices sent many U.S. producers to the sidelines with drilling activity languishing at 911 rigs running at the end of November. Most active rigs were looking for natural gas, further complicating U.S. oil reserve replenishment. Opec gradually lost control of world oil markets in 1988. Opec impotence will continue unless non-Opec producers cooperate to cut output, global oil demand increases significantly, or members finally begin to seriously address the critical issue of adhering strictly to production quotas. The author discusses the status of OPEC and U.S. petroleum in regard to current U.S. and worldwide economic conditions.

Crouse, P.C. (Philip C. Crouse and Associates, Inc., Dallas, TX (US))

1989-02-01T23:59:59.000Z

64

OPEC production: Untapped reserves, world demand spur production expansion  

Science Conference Proceedings (OSTI)

To meet projected world oil demand, almost all members of the Organization of Petroleum Exporting Countries (OPEC) have embarked on ambitious capacity expansion programs aimed at increasing oil production capabilities. These expansion programs are in both new and existing oil fields. In the latter case, the aim is either to maintain production or reduce the production decline rate. However, the recent price deterioration has led some major OPEC producers, such as Saudi Arabia and Iran, to revise downward their capacity plans. Capital required for capacity expansion is considerable. Therefore, because the primary source of funds will come from within each OPEC country, a reasonably stable and relatively high oil price is required to obtain enough revenue for investing in upstream projects. This first in a series of two articles discusses the present OPEC capacity and planned expansion in the Middle East. The concluding part will cover the expansion plans in the remaining OPEC countries, capital requirements, and environmental concerns.

Ismail, I.A.H. (Organization of the Petroleum Exporting Countries, Vienna (Austria))

1994-05-02T23:59:59.000Z

65

OPEC as an actor in world politics: a study in its internal and external dimensions  

Science Conference Proceedings (OSTI)

The OPEC oil price increases of the 1970s and their economic and political effects on the oil-importing and oil-exporting countries have called attention to OPEC as an actor in world politics. This study examines the internal and external aspects of OPEC in light of the following hypotheses: (1) the bargaining power of the major oil companies has been curtailed in favor of OPEC members; (2) potential economic differences and political conflicts among OPEC members raise no real threat to the survival of OPEC; (3) development of alternative sources of energy will not likely restrain OPEC's active role in world politics; and (4) the unbridled power of OPEC to increase oil prices will likely be restrained by the effects of these increases on oil-importing countries. In addition to testing these hypotheses, this study attempts to trace OPEC's origin and explores the role of Saudi Arabia as the residual OPEC supplier. Since the OPEC revolution of October 1973, numerous academic works and press reports have been published on OPEC. The author depended heavily on these sources. In addition, information supplied by some prominent energy institutions during a research trip to Vienna, Austria, and Washington, DC was also used. The findings of this study tend to support the preceding hypotheses.

Al-Hulwah, M.I.

1981-01-01T23:59:59.000Z

66

Opec squabbling sparks surge in world production  

Science Conference Proceedings (OSTI)

In the second half of 1988 Opec member nations began on cheating on their quotas. The resultant 11% surge in Middle Eastern production propelled world output to an average of 58.5 MMbopd. This paper presents an analysis of major oil producing countries of the world and a listing, by country, of world crude oil and condensate production for 1987 and 1988.

Not Available

1989-02-01T23:59:59.000Z

67

OPEC Production Likely To Remain Low  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: With a background of some weakening demand from weakening economies (being pushed lower by high crude oil prices), OPEC has shown not only a a reluctance to increase production any time soon, but has actually decreased production. OPEC has attempted to reduce production by 3.5 million barrels per day so far this year. The last of these cuts is not to occur until September, which will affect consuming countries the most over the upcoming winter. Tightness in both European (Brent price) and Asian (Dubai price) markets are reflected in the recent strength seen in the marker crude oil for these regions. But with the effect of the 2nd OPEC production cuts just taking effect and the effect of the 3rd production cut yet to come, U.S. crude oil stocks are

68

OPEC's Dr. Subroto examines the market after Gulf war  

Science Conference Proceedings (OSTI)

This paper reports on a relatively strong oil market emerging from the Persian Gulf war according to an Opec spokesperson. Opec is expected to remain a viable force, perhaps more cohesive than before, no matter what happens to Kuwait and Iraq.

Not Available

1991-06-01T23:59:59.000Z

69

OPEC 1991 results reflect hard times  

Science Conference Proceedings (OSTI)

This paper reports that low crude oil prices and economic tough times in industrial countries cause a lean 1991 for members of the Organization of Petroleum Exporting Countries. OPEC's 1991 annual report the member countries reported an overall loss of $12 billion in 1991 on oil revenues that fell 16.2%. Iraq and Kuwait were not included because of their unusual circumstances in the wake of the Persian Gulf war. Reduced oil revenues reflected a slide to $18.66/bbl in 1991 from $22.26/bbl in 1990 for the average price of OPEC basket crudes. As of last June 5 OPEC's basket crude price has averaged only $17.42/bbl this year, OPEC News Agency (Opecna) reported. First quarter 1992 prices averaged $16.77/bbl, compared wit $19.31/bbl in fourth quarter 1991. The average price jumped 52 cent/bbl the first week in June this year to $19.93/bbl, bouyed by Saudi Arabia's move at the end of May to shift its policy from price moderation to one in favor of higher prices, Opecna the. OPEC members increased production 1% in 1991 to an average 23.28 million b/d in spite of negligible production from Iraq and Kuwait and reduced production from Qatar.

Not Available

1992-07-20T23:59:59.000Z

70

Finished Motor Gasoline Imports from OPEC  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

71

Is OPEC a cartel? Evidence from cointegration and causality tests  

Science Conference Proceedings (OSTI)

One would expect a carter to curb production in order to raise prices of its product as well as to share the market among its members. The Organization of Petroleum Exporting Countries (OPEC) is no exception, and blamed for the quadrupling of crude oil prices in 1974. However, OPEC could not prevent prices from falling in the 1980s, even after it adopted output rationing in 1982. The author addresses the question of whether OPEC was ever able to increase market price of oil by curbing production, or simply took advantage of high prices caused by political problems and conflicts between members. 17 refs., 1 fig.

Guelen, G. [Boston College, Chestnut Hill, MA (United States)

1996-12-01T23:59:59.000Z

72

OPEC's fortunes ride with the high-flying US dollar  

Science Conference Proceedings (OSTI)

The strong US dollar insulates most of OPEC from painful losses in revenue despite the well-publicized OPEC price cut of March 1983. The steady rise of the dollar has largely reversed the impact of the $5-per-barrel cut in the marker crude oil price. This has helped to reduce internal pressures for further prices cuts. This link is due to three factors: (1) oil is denominated in dollars; (2) OPEC pays for most of its imported goods and services with other currencies; and (3) the dollar has risen 20-49% against most trading currencies since March 1983.

Stauffer, T.

1984-10-22T23:59:59.000Z

73

OPEC as a non-state actor: formation and dynamics  

SciTech Connect

Factors that have promoted the formation of OPEC and the dynamics of its confrontation with the multinational oil companies (MNOCs) are analyzed. The rise of OPEC is examined from the perspective of the growing literature on non-state actors within the international system. The central hypothesis is that OPEC emerged as a collective-bargaining instrument, but has become a non-state actor that impacts upon as well as serves the policies of its member-states. As a corollary it is assumed that the politics of oil in the 1960s can best be understood as the clash of two non-state actors - OPEC and MNOCs, both involved in changing relationships with their home governments. This study utilizes the non-state actor approach to explain the growing importance of OPEC within the international political and economic system. The study concludes that although OPEC did make structural changes in the international oil industry previously concentrated in the hands of the MNOCs, it did not press to the point that the international economic system was threatened. Moreover, OPEC proved to be a responsible international actor in a number of specific respects. It attempted to provide financial aid to those Third World countries adversely affected by the energy crisis of 1973-1974. OPEC members recycled their financial wealth in the international monetary system. On occasion it restrained some members from pushing for higher prices. This benefitting the Western industrial oil-consuming nations. As a result OPEC served as a stabilizing factor in the international oil industry.

Dredi, I.B.

1982-01-01T23:59:59.000Z

74

OPEC production: Capital limitations, environmental movements may interfere with expansion plans  

Science Conference Proceedings (OSTI)

Obtaining capital is a critical element in the production expansion plans of OPEC member countries. Another issue that may impact the plans is the environmental taxes that may reduce the call on OPEC oil by 5 million b/d in 2000 and about 16 million b/d in the year 2010. This concluding part of a two-part series discusses the expansion possibilities of non-Middle East OPEC members, OPEC's capital requirements, and environmental concerns. Non-Middle East OPEC includes Algeria, Gabon, Indonesia, Libya, Nigeria, and Venezuela.

Ismail, I.A.H. (Organization of the Petroleum Exporting Countries, Vienna (Austria))

1994-05-09T23:59:59.000Z

75

OPEC ducks quota issue amid glut worries  

SciTech Connect

This paper reports that the Organization of Petroleum Exporting Countries has ducked the question of reestablishing quotas despite the looming prospect of a second quarter oil price slide. OPEC ministers meeting in Vienna late last month approved continuing free-for-all production in the first quarter and ordered the ministerial monitoring committee to tackle the question of second quarter production levels when it meets in Geneva Feb. 12. Oil markets responded to the lack of action by dropping futures prices.

Not Available

1991-12-09T23:59:59.000Z

76

The ghost of OPEC in energy security policy  

Science Conference Proceedings (OSTI)

Energy security policy continues to be haunted - at least within the halls of government - by fears of OPEC`s potential ability to curb oil supplies to the United States or to unexpectedly raise prices to economy-damaging levels. OPEC continues to exert (mainly psychological) influence in excess of its market role. Becaue OPEC`s continued existence skews the energy policy debate in the United States and in other oil-consuming countries, and because it complicates otherwise constructive relations between the US and the Arab world, the Clinton administration should confront OPEC and America`s energy security concerns directly. In its forthcoming energy-policy plan, the administration could declare the abolition of OPEC to be a goal of US foreign and trade policy. As a countermeasure, US energy policymakers should abandon the inflammatory frame of reference of energy security. No practical purpose has been served domestically or internationally by adherence to a policy that in the end has simply raised the economic cost of a vital commodity.

Stagliano, V.A.

1995-08-01T23:59:59.000Z

77

Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+  

NLE Websites -- All DOE Office Websites (Extended Search)

9: December 13, 9: December 13, 1999 OPEC and OPEC+ Market Shares to someone by E-mail Share Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on Facebook Tweet about Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on Twitter Bookmark Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on Google Bookmark Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on Delicious Rank Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on Digg Find More places to share Vehicle Technologies Office: Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares on AddThis.com... Fact #109: December 13, 1999 OPEC and OPEC+ Market Shares

78

What to Watch: Iraq, OPEC and  

Gasoline and Diesel Fuel Update (EIA)

6 of 26 6 of 26 Notes: When keeping an eye on petroleum prices, we watch inventories closely. Recall that inventories measure the balance between supply and demand, and thus signal pressure on stocks. For crude oil, world petroleum inventories are low, and Iraq is probably the largest wild card that could impact prices in the short term. While OPEC will continue to adjust production to support the price of crude oil, the world economy may work against the organization. A slower economy means lower demand, and more OPEC production cutbacks to support prices. We are almost through this winter, so for distillate and propane, we will be watching how low stocks are at the end of the winter, which will indicate how much extra build is needed to start next winter in good shape.

79

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),Figure 3. Price of crude oil contract maturing December ofbarrels per day. Monthly crude oil production Iran Iraq

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

80

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. “OPEC’s Optimal Crude Oil Price,” Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crude023 Understanding Crude Oil Prices James D. Hamilton June

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


81

OPEC needs help from other exporters to balance market  

Science Conference Proceedings (OSTI)

For the past 5 years the Organization of Petroleum Exporting Countries has been telling oil producers around the world that it can no longer carry the burden of trying to balance supply and demand without outside help. Non-OPEC exporters have, on several occasions, examined the benefits of sharing the burden of production cuts, but rightly have been nervous of close cooperation with an unpredictable and undisciplined competitor. Cooperation will certainly depend on OPEC reaching its own production cutting agreement. That must be done in a way that given non-OPEC countries confidence that any new production and pricing pact will not fall apart during the first half of next year. OPEC exports to the developing world have been trimmed by the advent of new producers. In most of these countries local production only eliminates or reduces imports. Few are in the class of North Yemen where the initial flow could meet local demand and provide a surplus for export.

Vielvoye, R.

1988-11-14T23:59:59.000Z

82

Politactics of international cartels: economic illusions, political realities, and OPEC  

Science Conference Proceedings (OSTI)

This research investigates the nature and strategy of international cartels to determine both what constitutes a cartel and the causes of OPEC's longevity. To achieve that end, the study examines the political and economic background that led to the Organization's creation and determined its evolution. The study analyzes the factors underlying changes in the oil market and in the outlook of the oil-producing nations for the purpose of drawing some conclusions concerning the manner in which the contemporary, quasi-cartelistic OPEC system operates, and to set out the far-reaching implications of its emergence. What were the circumstances which have thus far favored cartelization and sustained the cohesiveness and power of OPEC. It is argued that links within OPEC have been forged by a mixture of politics and economics. Economic considerations created OPEC and maintained it through its early years, but political necessity and solidarity helped later to cement the various divergent blocks together. Contrary to expectations, political conflicts among the major members failed to cripple or destroy OPEC. Political links helped override economic disagreements, while economic links helped overcome political ill will.

Daoudi, M.S.

1984-01-01T23:59:59.000Z

83

Microsoft Word - STEO supplement non-OPEC supply Final-2.doc  

Gasoline and Diesel Fuel Update (EIA)

08 08 1 February 2008 Short-Term Energy Outlook Supplement: Outlook for Non-OPEC Oil Supply Growth in 2008- 2009 1 Most oil market analysts, including EIA, have pointed to the slow growth in oil supply from countries that are not members of the Organization of the Petroleum Exporting Countries (OPEC) in recent years as a key cause of the current high oil price environment. The widening gap between growth in world oil consumption and non- OPEC oil supply has led to greater reliance upon production by OPEC and a drawdown in the Organization for Economic Cooperation and Development (OECD) commercial inventories. These conditions have contributed to upward pressure on world oil prices in recent years (see Why Are Oil Prices So High?, supplement to the November 2007 Short-

84

Crude Oil and Gasoline Price Monitoring  

Gasoline and Diesel Fuel Update (EIA)

What drives crude oil prices? What drives crude oil prices? November 13, 2013 | Washington, DC An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly Crude oil prices react to a variety of geopolitical and economic events November 13, 2013 2 price per barrel (real 2010 dollars, quarterly average) Low spare capacity Iraq invades Kuwait Saudis abandon swing producer role Iran-Iraq War Iranian revolution Arab Oil Embargo Asian financial crisis U.S. spare capacity exhausted Global financial collapse 9-11 attacks OPEC cuts targets 1.7 mmbpd OPEC cuts targets 4.2 mmbpd Sources: U.S. Energy Information Administration, Thomson Reuters 0 20 40 60 80 100 120 140 1970 1975 1980 1985 1990 1995 2000 2005 2010 imported refiner acquisition cost of crude oil

85

OPEC Middle East plans for rising world demand amid uncertainty  

Science Conference Proceedings (OSTI)

The Middle Eastern members of the Organization of Petroleum Exporting Countries must plan for huge increases in oil production capacity yet wonder whether markets for the new output will develop as expected. With worldwide oil consumption rising and non-OPEC output likely to reach its resource limits soon, OPEC member countries face major gains in demand for their crude oil. To meet the demand growth, those with untapped resources will have to invest heavily in production capacity. Most OPEC members with such resources are in the Middle East. But financing the capacity investments remains a challenge. Some OPEC members have opened up to foreign equity participation in production projects, and others may eventually do so as financial pressures grow. That means additions to the opportunities now available to international companies in the Middle East. Uncertainties, however, hamper planning and worry OPEC. Chief among them are taxation and environmental policies of consuming-nation governments. This paper reviews these concerns and provides data on production, pricing, capital investment histories and revenues.

Ismail, I.A.H. [Organization of Petroleum Exporting Countries, Vienna (Austria)

1996-05-27T23:59:59.000Z

86

As OPEC Ministers Meet, Secretary Chu Stresses the Importance of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

As OPEC Ministers Meet, Secretary Chu Stresses the Importance of As OPEC Ministers Meet, Secretary Chu Stresses the Importance of Energy Independence As OPEC Ministers Meet, Secretary Chu Stresses the Importance of Energy Independence March 15, 2009 - 12:00am Addthis Washington, DC - As OPEC ministers held a meeting in Vienna Sunday, U.S. Energy Secretary Steven Chu again stressed the need for energy independence and called for global cooperation on energy, economic and climate challenges. "While OPEC's actions are just one factor among many that go into the market price of oil, I'm pleased that there won't be further production cuts -- which could help to avoid oil price volatility," Secretary Chu said. "However, I continue to believe that we should stay focused on what our country can do to become energy independent -- ending our dependence on

87

U.S. Imports from OPEC - Energy Information Administration  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

88

Assessment of official development assistance from the OPEC capital-exporting countries (1974-1979)  

SciTech Connect

The purpose of the study was to assess whether the benefits derived from Official Development Assistance (ODA) from the Organization of Petroleum Exporting Countries (OPEC) exceed the extra costs of imported oil paid by the Oil-Importing Developing Countries (OIDCs) since the fall of 1973. For purposes of analysis, the OIDCs were divided into four regions of Africa, Asia, the Middle East and Latin America. The additional oil expenditures that these four regions had to pay to OPEC were calculated. This was folowed by a derivation of estimates for the total grants disbursed by OPEC to the four regions. The results were then compared to the additional costs for imported oil previously derived. It was found that the additional costs for imported oil exceeded the benefits derived from the ODA of the OPEC capital-exporting countries for the Middle East, Asia and Latin America. In the case of Africa, however, the benefits more than equaled the costs. In conclusion, it was recommended that the area of joint ventures could provide excellent opportunities for the OPEC capital-exporting countries and the OIDCs to explore. However, before joint ventures between the OPEC capital-exporting countries and the OIDSs become an attractive option for channeling OPEC surpluses, there need to be intensive research in making such a co-operation feasible in the future.

Al-Riyami, S.A.

1982-01-01T23:59:59.000Z

89

As the world economy grows - OPEC holds the line  

SciTech Connect

As economic indicators reflect the growth throughout the world following several years of stagnation, energy demand, particularly petroleum, is picking up as well. After enduring historically low oil prices, oil producers welcome the higher demand, but seek higher prices. To accomplish this, OPEC has adopted a long term fundamental strategy in contrast to reacting to short term market volatility in the past. This issue details regional oil demand and output around the world.

Not Available

1994-11-28T23:59:59.000Z

90

Vehicle Technologies Office: Fact #298: December 15, 2003 OPEC...  

NLE Websites -- All DOE Office Websites (Extended Search)

Coming from OPEC Share of U.S. Imported Petroleum Coming from the Persian Gulf Region Net Oil Imports (thousand barrels per day) 1973 49.7% 14.1% 6,025 1974 55.7% 17.6% 5,892 1975...

91

Most OPEC nations log output gains in 1990  

SciTech Connect

This paper reports that total crude oil production by the members of the Organization of Petroleum Exporting Countries rose to 23.26 million b/d in 1990 from 21.34 million b/d in 1989, despite the lost production from Iraq and Kuwait during the second half. Those two were the only OPEC members not recording production increases for the year. According to the annual statistical bulletin issued by the OPEC secretariat late last month, the value of total OPEC petroleum exports also jumped markedly, to $147.44 billion from $114.28 billion in 1989. This enabled the organization to end the year with an estimated current account surplus of $13.77 billion, compared with the 1989 surplus of $4.34 billion.

Not Available

1991-12-09T23:59:59.000Z

92

25th Anniversary of the 1973 Oil Embargo  

Reports and Publications (EIA)

This marks the 25th anniversary of the energy crisis of 1973, in some ways the most pivotal year in energy history. Anniversaries are often a time of reflection. In this spirit, the Energy Information Administration presents here 30 major energy trends in the United States over this period.

Information Center

1998-06-01T23:59:59.000Z

93

OPEC at thirty years; What have we learned  

SciTech Connect

This paper is a review of the lessons learned concerning OPEC. It includes: the history of the formation of OPEC, OPEC and the energy crisis of the 1970's, models of the cartel, and pricing and output (production) policies.

Adelman, M.A. (Dept. of Economics and Energy Lab., Massachusetts Inst. of Technology, Cambridge, MA (US))

1990-01-01T23:59:59.000Z

94

Impact of market structure and political instability on the official price of OPEC crude (1972-83)  

SciTech Connect

Within the empirical literature, political instability was either completely ignored or the assumption was made that its impact was significant. One of the major objectives of this study is to determine whether political instability had a significant impact on the oil market during the 1972-83 period. Secondly, there were very important changes that took place within the market - considerable reduction in the non-communist world's oil consumption, increase in production outside OPEC, reduced OPEC market share and capacity use, increased sale of oil directly by OPEC rather than through the oil multinationals, and nationalization of the asset of the latter within OPEC. Within the empirical literature some attention has been paid to the first four changes. The last two changes, however, have generally been assumed to be insignificant. Consequently, the second objective is to determine whether the change of the distribution of ownership within and direct marketing by OPEC itself have had a significant impact on the official price of OPEC crude. The third objective is improved specification of past models of the world oil market through consideration of the influences mentioned above. Results of the study show that political instability, contrary to popular opinion, did not have a significant impact on the market during the 1972-83 period.

Kendall, P.

1987-01-01T23:59:59.000Z

95

World Oil: Market or Mayhem?  

E-Print Network (OSTI)

The world oil market is regarded by many as a puzzle. Why are oil prices so volatile? What is OPEC and what does OPEC do? Where are oil prices headed in the long run? Is “peak oil” a genuine concern? Why did oil prices ...

Smith, James L.

2008-01-01T23:59:59.000Z

96

OPEC aid and the challenge of development  

Science Conference Proceedings (OSTI)

The OPEC countries have been a significant source of aid for the developing countries since 1973. They have set up a large number of development aid institutions. One of the most prominent of these, the OPEC Fund for International Development, marked its tenth anniversary last year. This book examines not only how the original vision of the OPEC Fund's founders has been translated into practice, but also looks at the whole spectrum of aid from OPEC countries. It shows how OPEC aid is a unique phenomenon in the history of development co-operation. It discusses the effects of the development aid distributed by the collective agencies and by autonomous member states. It also describes how OPEC countries, apart from providing development assistance, have aimed at adopting a wide and innovative approach to the problems of developing countries. The book addresses a range of seminal issues of development - the scope for South-South Co-operation, the problems of North-South Dialogue and the implications of Third World debt.

Benamara, A.; Ifeagwu, S.

1987-01-01T23:59:59.000Z

97

Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum  

NLE Websites -- All DOE Office Websites (Extended Search)

3: March 23, 3: March 23, 2009 OPEC Petroleum Imports to someone by E-mail Share Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on Facebook Tweet about Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on Twitter Bookmark Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on Google Bookmark Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on Delicious Rank Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on Digg Find More places to share Vehicle Technologies Office: Fact #563: March 23, 2009 OPEC Petroleum Imports on AddThis.com... Fact #563: March 23, 2009 OPEC Petroleum Imports In the 1970's, the U.S. imported more petroleum from OPEC than from

98

OPEC influence grows with world output in next decade  

SciTech Connect

World crude oil and condensate output will rise to 75 million bopd in 2004, concludes a recently released Petroconsultant study, entitled Worldwide Crude Oil 10-Year Forecast. It also projects that OPEC`s role in supplying demand will simultaneously grow to nearly 50% of total output. In reaching these conclusions, this report analyzed and predicted each of 94 significant producing nations for the 1995--2004 period. Output has been projected separately for the onshore and offshore sectors. Each nation, including the new republics of the former Soviet Union and individual emirates of the United Arab Emirates, is discussed within its regional and global framework; and key aspects of each of the seven major regions have been delineated. The study integrated full-cycle resource analysis, economics, infrastructure, politics, history, consumption levels and patterns, energy balances, and other pertinent data to cover both supply and demand pictures. The entire discovery and production history was used to frame exploration and development maturity. Future discovery potential has been estimated from largely geologic parameters.

Foreman, N.E. [Petroconsultants, Inc., Houston, TX (United States)

1996-02-01T23:59:59.000Z

99

Who Are the Major Players Supplying the World Oil Market?  

Reports and Publications (EIA)

Energy in Brief article on the world supply of oil through ownership of national oil companies and, for some governments, their membership in OPEC.

Information Center

2012-03-15T23:59:59.000Z

100

Non-OPEC supply to test OPEC`s quota resolve in second half  

SciTech Connect

The paper discusses the oil market, the worldwide outlook for demand, crude oil prices, petroleum product prices, natural gas prices, US outlook, US energy demand, sector demand, US natural gas consumption, US petroleum demand, motor gasoline, distillates, resid, LPG and other products, US petroleum supply, refining, imports, stocks, and Strategic Petroleum Reserve stocks.

Beck, R.J.

1997-07-28T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


101

Trade balance instability and the optimal exchange rate regime: The case of OPEC countries  

SciTech Connect

The OPEC members have experienced wide fluctuations in their trade balances. This can be attributed to several factors: (1) heavy dependence of national income and export earnings on a single primary export-oil; (2) instability of price and world demand for oil; and (3) the exchange rate regime practiced in recent years. An exchange rate policy can be used to minimize the fluctuations in trade balance, given the changes in exchange rates of major international currencies. The purpose of this study is two fold; first, examine the effects of fluctuations in trade balance on the OPEC economies, and second, propose appropriate exchange rate regime for selected OPEC members. The study is divided into two parts. The first part demonstrates the impact of trade balance changes on national income and other macroeconomic variables using a Keynesian framework. The second part involves using conventional trade models to search for the appropriate exchange rate regime to minimize the fluctuations in trade balance of each selective country. The study's findings are: first, fluctuations in trade balances had negative effects on the economics of Algeria, Kuwait, Libya, Saudi Arabia, and the United Arab Emirates. Second, the current exchange rate regime of no sample country is optimal in minimizing trade balance fluctuations. Third, in contrast to expectations, U.S. dollar peg did not stabilize the trade balance of any OPEC member. Finally, the results show that the sample OPEC economies could have enjoyed faster - though with different degree - economic growth if they had pegged their currencies to the derived optimal exchange rate regime. These optimal exchange rate regimes are: the SDR for Algeria and the United Arab Emirates, the purchasing power parity for Libya and Saudi Arabia, and the real Yen for Kuwait.

Aljerrah, M.A.

1993-01-01T23:59:59.000Z

102

World Oil Price Cases (released in AEO2005)  

Reports and Publications (EIA)

World oil prices in AEO2005 are set in an environment where the members of OPEC are assumed to act as the dominant producers, with lower production costs than other supply regions or countries. Non-OPEC oil producers are assumed to behave competitively, producing as much oil as they can profitability extract at the market price for oil. As a result, the OPEC member countries will be able effectively to set the price of oil when they can act in concert by varying their aggregate production. Alternatively, OPEC members could target a fixed level of production and let the world market determine the price.

Information Center

2005-02-01T23:59:59.000Z

103

Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries  

NLE Websites -- All DOE Office Websites (Extended Search)

4: July 2, 2012 4: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports to someone by E-mail Share Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports on Facebook Tweet about Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports on Twitter Bookmark Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports on Google Bookmark Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports on Delicious Rank Vehicle Technologies Office: Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports on Digg

104

Modeling of Energy Production Decisions: An Alaska Oil Case Study  

E-Print Network (OSTI)

and Weimer, D.L. (1984) Oil prices shock, market response,OPEC behavior and world oil prices (pp. 175-185) London:many decades. Recent high oil prices have caused oil-holding

Leighty, Wayne

2008-01-01T23:59:59.000Z

105

Sanctions reduced Iran's oil exports and revenues in 2012 ...  

U.S. Energy Information Administration (EIA)

A smaller decline in 2011 resulted mainly from declining production in aging fields. Iran remained the second-largest OPEC crude oil producer on ...

106

Crude Oil Outlook  

Gasoline and Diesel Fuel Update (EIA)

July are likely to not be felt until the very end of August or early September. OPEC crude oil production cuts are not likely to be as great as their cuts in quotas. However, they...

107

Trends in oil production costs in the Middle East, elsewhere  

SciTech Connect

This article focuses on the costs of oil production in the major areas of the world, including OPEC and non-OPEC countries. The question of production costs has become even more important since 1986, when the Saudis unilaterally undercut the oil price. Shaikh Yamani slashed oil prices in 1986 with three clearly articulated objectives: (1) to reduce conservation; (2) to stimulate global economic growth; and (3) to discourage non-OPEC energy supplies of all kinds. Here the authors address the last of those strategic objectives -- squeezing out non-OPEC oil -- by comparing oil production costs around the world. The analysis is framed with respect to five questions: How great is the variation in full costs of production within OPEC itself Are the costs of OPEC and non-OPEC producers radically different Are there producing areas today that are cost-constrained, meaning where E P activity is limited by high costs in relation to expected prices Has the Saudi market share strategy been successful in curbing non-OPEC oil development Is it probably, as is often bruited, that lack of capital for new E P projects might constrain future oil production, especially in the OPEC states

Stauffer, T.R. (Stauffer, (Thomas R.), Washington, DC (United States))

1994-03-21T23:59:59.000Z

108

Inscrutable OPEC? : behavioral tests of the cartel hypothesis  

E-Print Network (OSTI)

We show that standard statistical tests of OPEC behavior have very low power across a wide range of alternative hypotheses regarding market structure. Consequently, it is difficult, given the current availability and ...

Smith, James L.

2003-01-01T23:59:59.000Z

109

OPEC and the Third World: the politics of aid  

Science Conference Proceedings (OSTI)

The OPEC states have been the only group of developing countries to acquire enough financial resources to assist other less-fortunate developing countries and to have an impact on international economic, financial, and political relations. This study can help to determine the degree to which common Third World goals affected the behavior of OPEC members, to establish the similarities and differences in their behavior as compared with that of the developed countries, and to illustrate the difficulties faced by developing countries in trying to act upon the international system and achieve their own national objectives. Separate chapters cover the historical framework of OPEC, and the politics, nature, and channels of OPEC aid. Case studies examine the policies of Iran and Saudi Arabia. 400 references, 101 tables.

Hunter, S.

1984-01-01T23:59:59.000Z

110

OPEC or a basic problem in source networks  

Science Conference Proceedings (OSTI)

The problem of determining the achievable rate region for an arbitrary source network with one "helper" is still unsolved. Csiszár and the author have shown that it reduces to the one-parameter entropy characterization problem (OPEC), treated in ...

J. Korner

1984-01-01T23:59:59.000Z

111

International Energy Outlook - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets International Energy Outlook 2004 World Oil Markets In the IEO2004 forecast, OPEC export volumes are expected to more than double while non-OPEC suppliers maintain their edge over OPEC in overall production. Prices are projected to rise gradually through 2025 as the oil resource base is further developed. Throughout most of 2003, crude oil prices remained near the top of the range preferred by producers in the Organization of Petroleum Exporting Countries (OPEC), $22 to $28 per barrel for the OPEC “basket price.” OPEC producers continued to demonstrate disciplined adherence to announced cutbacks in production. Throughout 2003, the upward turn in crude oil prices was brought about by a combination of three factors. First, a general strike against the Chavez regime resulted in a sudden loss of much of Venezuela’s oil exports. Although the other OPEC producers agreed to increase their production capacities to make up for the lost Venezuelan output, the obvious strain on worldwide spare capacity kept prices high. Second, price volatility was exacerbated by internal conflict in Nigeria. Third, prospects for a return to normalcy in the Iraqi oil sector remained uncertain as residual post-war turmoil continued in Iraq.

112

Crude Oil Imports from Mauritania  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

113

Crude Oil Imports from Canada  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

114

Crude Oil Imports from Azerbaijan  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

115

World oil: Market or mayhem  

E-Print Network (OSTI)

The world oil market is regarded by many as a puzzle. Why are oil prices so volatile? What is OPEC and what does OPEC do? Where are oil prices headed in the long run? Is “peak oil ” a genuine concern? Why did oil prices spike in the summer of 2008, and what role did speculators play? Any attempt to answer these questions must be informed and disciplined by economics. Such is the purpose of this essay: to illuminate recent developments in the world oil market from the perspective of economic theory.

James L. Smith; James L. Smith; Larry Debrock; Dwight Lee; John Parsons

2009-01-01T23:59:59.000Z

116

Nigeria`s oil production behavior: Tests of alternative hypotheses  

SciTech Connect

The sudden quadrupling of world oil prices in 1973-1974 marked the beginning of several formal inquiries by economists into the production behavior of members of the Organization of the Petroleum Exporting Countries (OPEC). Interest in the organization was further heightened in 1979 when nominal oil prices further doubled. However, oil market analysts have differed in their evaluation of OPEC`s role in the determination of world oil prices. Most energy economists have modeled OPEC as a cartel. Morris Adelman has suggested that OPEC`s true nature lies somewhere between two polar cases of a dominant-firm industry and an imperfect, market-sharing cartel. In the former case, one large, dominant firm (i.e., Saudi Arabia) serves as the {open_quotes}swing producer,{close_quotes} allowing other cartel members and non-OPEC oil producers to produce whatever they wished, controlling the market price by itself through its own output adjustments. The latter case of an imperfect market-sharing cartel is a loose collusive arrangement in which all members agree on an acceptable price level and individual output shares for each producer. Adelman believes that OPEC wobbles between these two cases, depending upon market conditions.

Awokuse, T.O.; Jones, C.T.

1994-12-31T23:59:59.000Z

117

Saudi Arabia's Oil Minister: Address to US independent producers  

Science Conference Proceedings (OSTI)

The issue of Energy Detente is designed to promote better understanding of the Organization of Petroleum Exporting Countries (OPEC) through its self-image and its view of the world. The OPEC News Agency coverage and other OPEC materials are tapped to illustrate some key points in a speech about energy security from Saudi Arabia's Oil Minister. This paper from His Excellency Ibrahim M. Nazer is offered in an effort to share his message from the world's largest oil exporter to the world's largest oil consumer. This issue also provides selected statistics and statements from OPEC, both to put Saudi Arabia's statements in context of its commitment to OPEC and to reveal the striking similarity between the country's and the organization's positions. This issue also contains the following: (1) ED Refining Netback Data Series for the U.S. Gulf and West Coasts, Rotterdam, and Singapore as of March 23, 1990; Hemisphere, March 1990 edition. 6 figs., 5 tabs.

Not Available

1990-04-06T23:59:59.000Z

118

Oil Market Simulation model: model documentation report (Task 13). Final report  

Science Conference Proceedings (OSTI)

This report documents the Oil Market Simulation (OMS) model as used by the Energy Information Administration (EIA) to provide forecasts of world oil prices. In addition, the OMS model is used to examine the market responses to changes in oil demand and supply. The current version of the model provides additional OMS simulation capabilities to its predecessor. It performs not only the price and production simulations as before, but also simulations that converge to a user-specified regional demand, supply, or import level. Free world countries are grouped into seven major oil demand regions and eight major oil supply regions. The OMS model consists of three parts: oil demand, non-OPEC oil supply, and OPEC pricing behavior. Regional oil demand in a given year is determined as a function of the average world oil price for the year, the regional level of economic activity for the year, and the oil demand in the previous year. Non-OPEC regional oil supply is specified as a function of world oil price and the regional oil supply in the previous period. OPEC pricing behavior is related to the OPEC capacity utilization rate; OPEC sets the oil price based on the percent utilization of its availabile production capacity and the world oil price in the previous time period. Besides the behavior rules of consumers, non-OPEC producers, and OPEC producers, the OMS model includes some regional demand and supply values that are determined exogenously. These user-determined demand and supply values include: (1) OPEC demand, (2) US Strategic Petroleum reserve fill rates, and (3) the net exports from Centrally Planned Economies. 19 refs., 7 figs., 10 tabs.

Not Available

1985-05-10T23:59:59.000Z

119

Total Crude Oil and Products Imports from OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

120

Total Crude Oil and Products Imports from OPEC  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


121

The outlook for US oil dependence  

SciTech Connect

Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U.S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the U.S. economy. Increasing the price elasticity of oil demand and supply in the U.S. and the rest of the world, however, would be an effective strategy.

Greene, D.L.; Jones, D.W.; Leiby, P.N.

1995-05-11T23:59:59.000Z

122

Oil Dependence: The Value of R{ampersand}D  

SciTech Connect

Over the past quarter century the United States` dependence on oil has cost its economy on the order of $5 trillion. Oil dependence is defined as economically significant consumption of oil, given price inelastic demand in the short and long run and given the ability of the OPEC cartel to use market power to influence oil prices. Although oil prices have been lower and more stable over the past decade, OPEC still holds the majority of the world`s conventional oil resources according to the best available estimates. OPEC`s share of the world oil market is likely to grow significantly in the future,restoring much if not all of their former market power. Other than market share, the key determinants of OPEC`s market power are the long and short run price elasticities of world oil demand and supply. These elasticities depend critically on the technologies of oil supply and demand, especially the technology of energy use in transportation. Research and development can change these elasticities in fundamental ways, and given the nature of the problem,the government has an important role to play in supporting such research.

Greene, D.L.

1997-07-01T23:59:59.000Z

123

The role of OPEC in promoting economic and financial cooperation among developing countries  

Science Conference Proceedings (OSTI)

The phenomenon of OPEC aid has, thus, undergone a remarkable evolution in magnitude, in geographical coverage, in the number of channels of such assistance and in its role and impact. The essential feature of OPEC aid has been and continues to be that OPEC aid represents financial flows from one group of developing countries to another group of developing countries. It is, thus, a concrete manifestation of economic and financial cooperation among developing countries born of the natural solidarity which exists between OPEC Member Countries.

Abdulai, Y.S.

1985-01-01T23:59:59.000Z

124

Total Crude Oil and Products Imports from Persian Gulf  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

125

Total Crude Oil and Products Imports from Senegal  

U.S. Energy Information Administration (EIA)

U.S. Imports by Country of Origin ... and Gabon withdrew from OPEC in July 1996. Crude oil and petroleum products are reported by the PAD District of entry.

126

Prospects for world oil supply  

SciTech Connect

Surprises lie ahead for world oil supplies, which are expected to increase rapidly throughout the 1990s before leveling off by the end of the century. The extent of this increase could be the major surprise of the decade. Large increases in the capacity in Gulf countries accompanied by smaller increases in the non-Middle East OPEC countries will be augmented by a gradual increase in non-OPEC capacity into the late 1990s. By 2000, declining capacity in the latter two areas will offset continued capacity increases in the Gulf countries. Overall capacity in the non-OPEC countries (excluding China, Eastern Europe, and the Soviet Union), is expected to increase by 1.1 million BOPD from the low point in the early 1990s to a mid 1990s peak. The increase will be led by a large increase in capacity from the United Kingdom and smaller contributions from the non-Middle East OPEC countries and Mexico. In the forecast, emphasis has been placed on a detailed evaluation of recent significant discoveries made in non-OPEC countries and non-Middle East OPEC countries since 1983, which when taken together, are expected to add 8 million BOPD new capacity as soon as 1995. These discoveries have taken place in both existing and evolving exploration hotspots that are expected to receive increasing industry emphasis in the 1990s.

Esser, R.W. (Cambridge Energy Research Associates, MA (United States))

1991-08-01T23:59:59.000Z

127

The Outlook for U.S. Oil Dependence  

Science Conference Proceedings (OSTI)

Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The US economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the US economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the US economy. Increasing the price elasticity of oil demand and supply in the US and the rest of the world, however, would be an effective strategy.

Greene, D.L.

1995-01-01T23:59:59.000Z

128

An alternative model for OPEC stability: The carrot and stick approach  

Science Conference Proceedings (OSTI)

The Organization of the Petroleum Exporting Countries (OPEC) has gone through turbulent times since its inception in 1960. The decade of the 1970s represented the peak of its power; however, the 1980s and 1990s are characterized by the erosion of OPECs position. After a brief exposition of the principles of resource economics and their relevance to OPEC, we review oligopoly theory and its specific application to OPEC. A model of cartel behavior will then be presented and its relevance to OPEC will be emphasized. Our theory is that OPEC can use a trigger price strategy (a punishment phase when overproduction occurs, followed by a resumption phase of full compliance of the quota agreement) to stabilize output. An insurance policy scheme will be presented in combination with the trigger price strategy, the goal of which may improve the stability of OPEC. Finally, we shall show how the present organization may evolve over time into a much smaller entity by the late 1990s composed of the Gulf producers.

Akacem, M.; Fleisher, A.A. III [Metropolitan State College of Denver, CO (United States)

1994-12-31T23:59:59.000Z

129

Import policy effects on the optimal oil price  

Science Conference Proceedings (OSTI)

A steady increase in oil imports leaves oil importing countries increasingly vulnerable tofuture oil price shocks. Using a variation of the U.S. EIA`s oil market simulation model, equilibria displaying multiple price shocks is derived endogenously as a result of optimizing behavior on the part of OPEC. Here we investigate the effects that an oil import tariff and a petroleum stock release policy may have on an OPEC optimal price path. It is shown that while both policies can reduce the magnitude of future price shocks neither may be politically or technically feasible. 21 refs., 7 figs., 6 tabs.

Suranovic, S.M. [George Washington Univ., Washington, DC (United States)

1994-12-31T23:59:59.000Z

130

Futures oil market outlook  

Science Conference Proceedings (OSTI)

We expect the broader expansion of global economic activity in 1995 to more than offset the anticipated slowdown in the US economic growth. This should result in worldwide oil demand growth in excess of 1 million barrels per day and firmer oil prices. This comes on the heels of nearly identical growth in 1994 and should be followed by an even larger increase in 1996. This year`s demand growth comes against a backdrop of flat OPEC production and an increase in non-OPEC supplies that will fall short of the expected increase in consumption. Some degree of political upheaval in at least a half dozen important oil exporting nations could also have implication for crude supplies. One major wildcard that remains for global oil markets is the status of the United Nations` sanctions on Iraqi exports and the timing of when these sanctions are to be eased or lifted completely.

Saucer, J. [Smith Barney, Houston, TX (United States)

1995-06-01T23:59:59.000Z

131

Crude Oil Imports from Singapore  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

132

Strong demand growth seen for oil and gas in 1997--99  

Science Conference Proceedings (OSTI)

This paper provides historical information on worldwide crude oil productions from 1984 to present and makes predictions on future demand and refinery capacities. It provides information on oil reserves on a world scale and the pricing of these commodities. It breaks reserves, production and capacities down into OPEC and non-OPEC countries. It then provides general energy demand for both developed and developing countries in all energy forms.

Beck, R.J.

1996-04-22T23:59:59.000Z

133

World oil and geopolitics to the year 2010  

Science Conference Proceedings (OSTI)

This paper focuses on the interplay of market forces and politics in the world oil market projected to the year 2010. It argues that world oil demand will increase considerably, with Asian demand growing the fastest. Given that the growth of oil supply of producers outside the Organization of the Petroleum Exporting Countries (OPEC) will be trivial, the call on OPEC oil will increase substantially. Yet, given their declining per-capita oil revenues, OPEC members may not be able to make timely investments in required upstream projects. If this happens, the supply constraint will lead to higher prices and intensified international competition for Arabian/Persian Gulf oil. Thus, foreign investment will be needed increasingly in OPEC states if prices are to remain stable. But geopolitical and institutional barriers to foreign investment in many OPEC members hinder foreign investment. It is imperative that major players in the world oil market cooperate to reduce such barriers in time to ensure that supply corresponds to rising demand. 22 refs., 8 figs., 10 tabs.

Amirahmadi, H.

1995-12-31T23:59:59.000Z

134

Vehicle Technologies Office: Fact #114: January 31, 2000 OPEC...  

NLE Websites -- All DOE Office Websites (Extended Search)

42% 62% Oil Reserves 78% 88% Natural Gas Reserves 44% 80% Vented and Flared Gas 73% 78% Oil production, US DOE Energy Information Administration, International Petroleum Monthly,...

135

Oil demand continues to grow in the U.S. and worldwide  

SciTech Connect

Rising oil consumption is challenging the Organization of Petroleum Exporting Countries production quota--but not the group`s ability to meet demand. In the second half of 1995, the oil market will continue to need more oil from OPEC members than the group claims to be willing to produce with its quota at 24.52 million b/d. If the quota really limited supply, ingredients would be in place for a significant price hike. Growth in a non-OPEC production intensities temptations on OPEC members to cheat on quotas and has become a key factor in the market. OPEC producers have seen that if they don`t meet incremental demand at the current price, other producers will. OPEC eventually will have to raise its quota or acknowledge that the artificial production limit lacks meaning. At present, the only real limit to supply is production capacity, which remains in excess relative to demand and which has demonstrated its ability to grow both within and outside of OPEC when prices rise. The paper discusses worldwide trends, pressures on OPEC, world crude prices, US prices, natural gas prices, US energy demand, natural gas use, gas supply, US demand for petroleum products, imports, and inventories.

Tippee, B.; Beck, R.J.

1995-07-31T23:59:59.000Z

136

Crude Oil, Heating Oil, and Propane Market Outlook  

Gasoline and Diesel Fuel Update (EIA)

Oil, Heating Oil, and Propane Market Outlook Oil, Heating Oil, and Propane Market Outlook 8/13/01 Click here to start Table of Contents Crude Oil, Heating Oil, and Propane Market Outlook Short-Term World Oil Price Forecast Price Movements Related to Supply/Demand Balance OPEC Production Likely To Remain Low U.S. Reflects World Market Crude Oil Outlook Conclusions Distillate Prices Increase With Crude Oil Distillate Stocks on the East Coast Were Very Low Entering Last Winter Distillate Demand Strong Last Winter More Supply Possible This Fall than Forecast Distillate Fuel Oil Imports Could Be Available - For A Price Distillate Supply/Demand Balance Reflected in Spreads Distillate Stocks Expected to Remain Low Winter Crude Oil and Distillate Price Outlook Heating Oil Outlook Conclusion Propane Prices Follow Crude Oil

137

International Energy Outlook 2001 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets picture of a printer Printer Friendly Version (PDF) In the IEO2001 forecast, periodic production adjustments by OPEC members are not expected to have a significant long-term impact on world oil markets. Prices are projected to rise gradually through 2020 as the oil resource base is expanded. Crude oil prices remained above $25 per barrel in nominal terms for most of 2000 and have been near $30 per barrel in the early months of 2001. Prices were influenced by the disciplined adherence to announced cutbacks in production by members of the Organization of Petroleum Exporting Countries (OPEC). OPECÂ’s successful market management strategy was an attempt to avoid a repeat of the ultra-low oil price environment of 1998 and early 1999. Three additional factors contributed to the resiliency of oil prices in

138

An economist`s overview: Recent developments affecting future oil supply, prices  

SciTech Connect

This article features a discussion of the production of crude oil in non-OPEC countries compared to OPEC countries and concludes that while OPEC has lost significant market share over a fifteen-year period, it has regained much of that loss over the past five years. Also included is refining netback data as of December 22th for the US Gulf Coast, US West Coast, Singapore, and Rotterdam. Prices and taxes (US$) for fuels in North and South America are also given.

NONE

1995-12-29T23:59:59.000Z

139

Drewry: Mideast in firm control of world oil supplies for 1990s  

SciTech Connect

Surging economic growth in the Far East will push up world crude oil demand steadily in the 1990s despite the current economic downturn. It will fall to members of the Organization of Petroleum Exporting Countries to meet that increased demand, given the expected decline in non-OPEC production. And because OPEC members in the Persian Gulf region are best positioned to meet the increase, the balance of power in oil markets will shift even more in favor of the Middle East. Seaborne oil exports from the Middle East will jump almost 30% by 1997 from 1991 levels. There will be a worldwide rise of 16% in the volume of seaborne crude oil trade, with a 29% hike in movements of refined products by tanker. Those are among the findings of a report by Drewry Shipping Consultants Ltd., London. Drewry said, It is expected that 1992 will be a low point in non-OPEC output and that production levels will recover steadily from 1993 onward, although not rapidly enough to match the anticipated rise in demand. Drewry estimates non-OPEC production in 1997 at 37.1 million b/d vs. 38.1 million b/d in 1991. With non-OPEC production falling by 2.6% between 1991 and 1997, OPEC producers will have the scope to increase their output by almost 32% over the same period.

Not Available

1993-02-08T23:59:59.000Z

140

U.S. Crude Oil Imports  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


141

Application of multi-layer recurrent neural network in chaotic time series prediction: a real case study of crude oil distillation capacity  

Science Conference Proceedings (OSTI)

A full customised case-oriented Multi-Layered Recurrent Neural Network (MLRNN) has been proposed to predict the Capacity of Crude Oil Distillation in OPEC Member Countries. Recurrent neural networks use feedback connections and have the potential to ...

Kaveh Khalili-Damghani; Soheil Sadi-Nezhad

2011-09-01T23:59:59.000Z

142

Statement from Energy Secretary Bodman on OPEC's Decision to...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

determine issues of supply, demand and price. Despite the recent downturn in crude oil prices, they remain at historically high levels, clearly indicating a global demand for...

143

Do oil producers act as [open quotes]oil[close quotes]igopolists  

SciTech Connect

In this paper, I analyze an oligopoly model of exhaustible resource extraction and develop predictions about relative extraction patterns of different producers. Using the [open quotes]oil[close quotes]igopoly model of Loury, one can show that producers with large stocks produce a larger amount, but a smaller percentage, of their stocks than producers with small stocks. I extend Loury's model to cases where extraction costs differ among producers and where costs are a function of cumulative extraction. An increase in extraction costs for a producer causes it to produce less relative to its rivals. When extraction costs rise with cumulative extraction, producers with large reserves tend to have lower extraction costs and a smaller ratio of cumulative production to initial reserves than producers with small reserves. I test the predictions of the model using oil industry data and find that the empirical results are consistent with the predictions of [open quotes]oil[close quotes]igopoly theory. Producers with larger reserves extract a smaller share of their reserves and have lower production costs than producers with smaller reserves. This pattern holds for 73 countries with oil reserves during the time period 1970-1989, and for approximately 400 US oil companies in 1983 and 1984. The observed pattern of production for both OPEC and non-OPEC producers is consistent with [open quotes]oil[close quotes]igopoly theory. OPEC producers do not appear to restrain production given their level of reserves relative to non-OPEC producers. Thus, viewing the oil market as containing one dominant firm (OPEC) with a competitive fringe may be misleading. Further, the pattern of extraction observed in oil markets is inconsistent with the pattern predicted by competitive theory. 29 refs., 5 figs., 6 tabs.

Polasky, S. (Boston College, Chestnut Hill, MA (United States))

1992-09-01T23:59:59.000Z

144

Do oil producers act as [open quote]oil[close quote]igopolists  

Science Conference Proceedings (OSTI)

In this paper, the author analyzes an oligopoly model of exhaustible resource extraction and develop predictions about relative extraction patterns of different producers. Using the [open quote]oil[close quote]igopoly model of Loury, one can show that producers with large stocks produce a larger amount, but a smaller percentage, of their stocks than producers with small stocks. The authors extend Loury's model to cases where extraction costs differ among producers and where costs are a function of cumulative extraction. An increase in extraction costs for a producer causes it to produce less relative to its rivals. When extraction costs rise with cumulative extraction, producers with large reserves tend to have lower extraction costs and a smaller ratio of cumulative production to initial reserves than producers with small reserves. The authors test the predictions of the model using oil industry data and find that the empirical results are consistent with the predictions of [open quotes]oil[close quotes]igopoly theory. Producers with larger reserves extract a smaller share of their reserves and have lower production costs than producers with smaller reserves. This pattern holds for 73 countries with oil reserves during the time period 1970-1989, and for approximately 400 US oil companies in 1983 and 1984. The observed pattern of production for both OPEC and non-OPEC producers is consistent with [open quote]oil[close quote]igopoly theory. OPEC producers do not appear to restrain production given their level of reserves relative to non-OPEC producers. Thus, viewing the oil market as containing one dominant firm (OPEC) with a competitive fringe may be misleading. Further, the pattern of extraction observed in oil markets is inconsistent with the pattern predicted by competitive theory. 29 refs., 5 figs., 6 tabs.

Polasky, S. (Boston College, Chestnut Hill, MA (United States))

1992-11-01T23:59:59.000Z

145

The oil policies of the Gulf Arab Nations  

SciTech Connect

At its heart, Arab oil policy is inseparable from Arab economic and social policy. This holds whether we are talking about the Arab nations as a group or each separately. The seven Arab nations covered in this report-Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--participate in several organizations focusing on regional cooperation regarding economic development, social programs, and Islamic unity, as well as organizations concerned with oil policies. This report focuses on the oil-related activities of the countries that may reveal the de facto oil policies of the seven Persian Gulf nations. Nevertheless it should be kept in mind that the decision makers participating in the oil policy organizations are also involved with the collaborative efforts of these other organizations. Oil policies of five of the seven Arab nations are expressed within the forums of the Organization of Petroleum Exporting Countries (OPEC) and the Organization of Arab Petroleum Exporting Countries (OAPEC). Only Oman, among the seven, is not a member of either OAPEC or OPEC; Bahrain is a member of OAPEC but not of OPEC. OPEC and OAPEC provide forums for compromise and cooperation among their members. Nevertheless, each member state maintains its own sovereignty and follows its own policies. Each country deviates from the group prescription from time to time, depending upon individual circumstances.

Ripple, R.D.; Hagen, R.E.

1995-03-01T23:59:59.000Z

146

Total Crude Oil and Products Imports from Morocco  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

147

Total Crude Oil and Products Imports from All Countries  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

148

Total Crude Oil and Products Imports from Iraq  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

149

Total Crude Oil and Products Imports from Malaysia  

U.S. Energy Information Administration (EIA)

Indonesia withdrew from OPEC in January 2009, Angola joined OPEC in January 2007, Ecuador withdrew from OPEC in January 1993 and rejoined in November ...

150

Fairness measures and importance weights for allocating quotas to OPEC member countries  

Science Conference Proceedings (OSTI)

The author examines the Organization of Petroleum Exporting Countries (OPEC) behavior by examining the strategic effects of of some of the decisions made by some of its core producers. The paper provides the theoretical background for fairness factors and degrees of fairness. A section is devoted to the estimation and validation of importance weights. Decisional efficiency measures are discussed and policy recommendations are given. 28 refs., 5 tabs.

Alsalem, A.S. [King Saud Univ. (Saudi Arabia); Sharma, S.C.; Troutt, M.D. [Southern Illinois Univ., Carbondale, IL (United States)

1997-05-01T23:59:59.000Z

151

First Factor Impacting Distillate Prices: Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

8 8 Notes: World oil prices have tripled from their low point in December 1998 to August this year, pulling product prices up as well. But crude prices are expected to show a gradual decline as increased oil production from OPEC and others enters the world oil market. We won't likely see much decline this year, however, as prices are expected to end the year at about $30 per barrel. The average price of WTI was almost $30 per barrel in March, but dropped to $26 in April as the market responded to the additional OPEC production. However, prices strengthened again, averaging almost $32 in June, $30 in July, and $31 in August. The continued increases in crude oil prices indicate buyers are having trouble finding crude oil, bidding higher prices to obtain the barrels available.

152

World oil flow steady in 1992; stable market ahead for 1993  

SciTech Connect

World crude oil production in 1992 was virtually unchanged from 1991. Production last year averaged 59.96 million b/d, up only 17,000 b/d from 1991. Substantial production declines in the C.I.S. and U.S. were offset by increases among members of the Organization of Petroleum Exporting Countries and a number of other countries outside the OPEC sphere. Figures from the International Energy Agency (IEA) show world demand for petroleum products moved up 300,000 b/d to 66.9 million b/d. This included an addition to stocks of an estimated 1000,000 b/d. IEA predicts world demand will continue to rise in 1993 and OPEC output will advance to meet this higher level. Even though OPEC production is expected to be up for the year, seasonal swings in demand can cause price fluctuations. The paper describes OPEC production, non-OPEC production, oil prices, the world oil supply, Russian's decline, world demand, and the outlook for 1993.

Beck, R.J.

1993-03-08T23:59:59.000Z

153

Oil price; oil demand shocks; oil supply shocks; dynamic effects.  

E-Print Network (OSTI)

Abstract: Using a newly developed measure of global real economic activity, a structural decomposition of the real price of crude oil in four components is proposed: oil supply shocks driven by political events in OPEC countries; other oil supply shocks; aggregate shocks to the demand for industrial commodities; and demand shocks that are specific to the crude oil market. The latter shock is designed to capture shifts in the price of oil driven by higher precautionary demand associated with fears about future oil supplies. The paper quantifies the magnitude and timing of these shocks, their dynamic effects on the real price of oil and their relative importance in determining the real price of oil during 1975-2005. The analysis sheds light on the origin of the observed fluctuations in oil prices, in particular during oil price shocks. For example, it helps gauge the relative importance of these shocks in the build-up of the real price of crude oil since the late 1990s. Distinguishing between the sources of higher oil prices is shown to be crucial in assessing the effect of higher oil prices on U.S. real GDP and CPI inflation, suggesting that policies aimed at dealing with higher oil prices must take careful account of the origins of higher oil prices. The paper also quantifies the extent to which the macroeconomic performance of the U.S. since the mid-1970s has been driven by the external economic shocks driving the real price of oil as opposed to domestic economic factors and policies. Key words: JEL:

Lutz Kilian

2006-01-01T23:59:59.000Z

154

The Differential Effects of Oil Demand and Supply Shocks on the Global Economy  

E-Print Network (OSTI)

.6 11.7 51 3.7 World 81.5 100.0 39.0 100.0 1365 100.0 Source: Oil reserve and production data is from the British Petroleum Statistical Review of World Energy and oil export data is from the OPEC Annual Statistical Bulletin. For country groupings see... .g. the Organization of the Petroleum Exporting Countries (OPEC) member states). While the international business cycle is very important for the economic performance of commodity exporters, macroeconomic and political developments 1 in this group of countries also...

Cashin, Paul; Mohaddes, Kamiar; Raissi, Maziar; Raissi, Mehdi

2012-11-01T23:59:59.000Z

155

Arthur Rosenfeld  

NLE Websites -- All DOE Office Websites (Extended Search)

in 1969 for the discovery of a dozen subatomic particles. In 1974, in response to the OPEC oil embargo, Rosenfeld switched to the new field of efficient use of energy, and...

156

Twenty Years of Energy and Environment  

NLE Websites -- All DOE Office Websites (Extended Search)

its twentieth year on November 1. Established less than two weeks after the first OPEC oil embargo began in 1973, E&E was born into a world that was learning spectacular...

157

Oil prices in a new light  

Science Conference Proceedings (OSTI)

For a clear picture of how oil prices develop, the author steps away from the price levels to which the world is accustomed, and evaluates scientifically. What makes prices jump from one notch to another The move results from a political or economic shock or the perception of a particular position by the futures market and the media. The shock could range from a war or an assassination to a promise of cooperation among OPEC members (when believed by the market) or to speculation about another failure at an OPEC meeting. In the oil market, only a couple of factual figures can provide a floor to the price of oil. The cost of production of oil in the Gulf is around $2 to $3/bbl, and the cost of production of oil (capital and operating costs) in key non-OPEC areas is well under $10/bbl. With some adjustments for transport and quality, a price range of $13/bbl to $16/bbl would correspond to a reasonable sustainable floor price. The reason for prices above the floor price has been a continuous fear of oil supply interruptions. That fear kept prices above the floor price for many years. The fear factor has now almost fully disappeared. The market has gone through the drama of the Iranian Revolution, the Iran-Iraq war, the tanker war, the invasion of Kuwait, and the expulsions of the Iraqis. And still the oil flowed -- all the time. It has become abundantly clear that fears above the oil market were unjustified. Everyone needs to export oil, and oil will flow under the worst circumstances. The demise of the fear factor means that oil prices tend toward the floor price for a prolonged period.

Fesharaki, F. (East-West Center, Honolulu, HI (United States))

1994-05-01T23:59:59.000Z

158

U.S. Imports from OPEC Countries of Crude Oil and ...  

U.S. Energy Information Administration (EIA)

1,954: 1,765: 1985: 1,405: 1,220: 1,505: 1,928: 1,976: 1,690: 1,825: 1,740: 1,802: 1,958: 2,440: 2,430: 1986: 2,298: 1,807: 2,145: 2,576: 2,749: ...

159

Non-OPEC oil supply outages remain above year-ago level - Today in ...  

U.S. Energy Information Administration (EIA)

Includes hydropower, solar, wind, geothermal, biomass and ethanol. Nuclear & Uranium. Uranium fuel, nuclear reactors, generation, spent fuel. Total Energy.

160

OPEC Net Imports of Crude Oil and Petroleum Products into the U.S.  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


161

Residual Fuel Oil, 0.31 to 1.00% Sulfur Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

162

Crude-oil market report  

SciTech Connect

The crude oil market has been both quieter and thinner during the past few months. Various factors, including OPEC restraints, settlement of the British coal strike, and dollar exchange rates, have been stabilizing, although erratic output by Iran and the Soviet Union have caused fluctuations in prices. Higher gasoline prices have triggered a preference for sweet crudes and a possible shortage during the summer motoring season. Oil stocks appear to be at the bottom now, but restocking activities will probably not cause shortages. The author forecasts a continued weak market. 2 tables.

1985-01-01T23:59:59.000Z

163

The bears come out for summer: A world awash in oil  

Science Conference Proceedings (OSTI)

In this issue, Energy Detente examines near term oil price and supply prospects. World oil prices have plunged over the last eight weeks to their lowest levels since 1991. This can be attributed to low world oil demand and bearish speculation on world oil markets that the on-again off-again oil export negotiations between Iraq and the United Nations may result in limited amounts of Iraqi crude being added to already swollen oil supplies. To recessionary economics in consuming countries, trends to raise taxes and reduce fuel price subsidies in many countries, and rising costs of environmental protection, producers also scrutinize a concerned Organization of Petroleum Exporting Countries (OPEC). OPEC's reactive potentials are heightened in a period of such market uncertainities.

Not Available

1993-07-30T23:59:59.000Z

164

Does Ownership Matter? The Performance and Efficiency of State Oil vs. Private Oil (1987-2006)  

E-Print Network (OSTI)

deflators; the annual average real-terms crude oil price and global refining margin (average of US Gulf Coast, North-West Europe and Singapore), sourced from the BP Statistical Review of World Energy; a dummy variable for countries with OPEC membership... the forms and degree of State Oil vs. Private Oil involvement. For the upstream, the most fundamental decision is between public or private ownership of the subsoil. As of today, the U.S. is the only country to have opted for private ownership – all...

Wolf, C

165

Have we run out of oil yet? Oil Peaking analysis from an optimist's perspective  

NLE Websites -- All DOE Office Websites (Extended Search)

4 4 (2006) 515-531 Have we run out of oil yet? Oil peaking analysis from an optimist's perspective $ David L. Greene à , Janet L. Hopson, Jia Li Oak Ridge National Laboratory, National Transportation Research Center, University of Tennessee, 2360 Cherahala Boulevard, Knoxville, TN 37932, USA Available online 27 December 2005 Abstract This study addresses several questions concerning the peaking of conventional oil production from an optimist's perspective. Is the oil peak imminent? What is the range of uncertainty? What are the key determining factors? Will a transition to unconventional oil undermine or strengthen OPEC's influence over world oil markets? These issues are explored using a model combining alternative world energy scenarios with an accounting of resource depletion and a market-based simulation of transition to unconventional oil resources. No political or

166

World Oil Prices and Production Trends in AEO2008 (released in AEO2008)  

Reports and Publications (EIA)

AEO2008 defines the world oil price as the price of light, low-sulfur crude oil delivered in Cushing, Oklahoma. Since 2003, both above ground and below ground factors have contributed to a sustained rise in nominal world oil prices, from $31 per barrel in 2003 to $69 per barrel in 2007. The AEO2008 reference case outlook for world oil prices is higher than in the AEO2007 reference case. The main reasons for the adoption of a higher reference case price outlook include continued significant expansion of world demand for liquids, particularly in non- OECD countries, which include China and India; the rising costs of conventional non-OPEC supply and unconventional liquids production; limited growth in non-OPEC supplies despite higher oil prices; and the inability or unwillingness of OPEC member countries to increase conventional crude oil production to levels that would be required for maintaining price stability. EIA will continue to monitor world oil price trends and may need to make further adjustments in future AEOs.

Information Center

2008-06-26T23:59:59.000Z

167

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Spot WTI crude oil prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

168

An Empirical Growth Model for Major Oil Exporters  

E-Print Network (OSTI)

119.7 124.7 1.9 23.3 5 Source: GDP data is from the IMF International Financial Statistics, oil export data is from OPEC Annual Statistical Bulletin, and oil reserve and production data is from the British Petroleum Statistical Review of World Energy... ) argue that it is the volatility of commodity prices rather than abundance per se, that drives the "resource curse" paradox. 3See, for example, Amuzegar (2008) and the British Petroleum Statistical Review of World Energy. 3 Figure 1: Oil Export Revenues...

Esfahani, Hadi Salehi; Mohaddes, Kamiar; Pesaran, M. Hashem

2012-03-21T23:59:59.000Z

169

Diminishing importance of Middle East oil: its future implications. [Monograph  

Science Conference Proceedings (OSTI)

Long-term structural changes in the oil and energy markets and the reduced dependence of oil importers on Middle East production are the result of better energy-use efficiency, fuel substitution, and an increase in OPEC production. The decision by western countries to lower their demand and reduce stockpiles has had a significant impact on oil-exporting countries in terms of their spending, their economic development, and their aid programs. Political events and disruptions have also affected the Middle East's political, strategic, and economic future. (DCK)

Kanovsky, E.

1982-08-04T23:59:59.000Z

170

Political Constraints on Government Cartelization: The Case of Oil Production Regulation in Texas and Saudi Arabia by  

E-Print Network (OSTI)

We examine government cartelization efforts in crude oil production. Texas and Saudi Arabia are alleged to act as swing producers to maintain the interstate (1933-1972) and OPEC (1973 on) oil cartels respectively. We analyze the political constraints that affected the ability of Texas and Saudi Arabia to act as residual producers within their respective cartels. In the case of Texas, political factors molded individual firm production quotas, advantaging high-cost producers and hence, reducing total cartel net profits. Further, Texas had limited range for adjusting total state production to maintain interstate output at levels consistent with target prices. Saudi Arabia’s role as swing producer within OPEC raises similar questions regarding how cartel output is shared among members, and the extent to which domestic economic and political pressures coming from various member countries may undermine the effectiveness of the cartel. OPEC ‘s coordination problem has been more difficult than that faced by the interstate cartel for a variety of reasons that we explore. Even so, they have not kept the OPEC members in general, and Saudi Arabia in particular, from exerting a strong influence on the level of world oil prices.

Gary D. Libecap; James L. Smith

2001-01-01T23:59:59.000Z

171

Oil price, mean reversion and zone readjustments  

SciTech Connect

Observing OPEC`s short-term price-output ceiling behavior during the late 1980s and 1990s, one can conclude that it attempts to stabilize the market price within a range of its announced target price by controlling the output ceiling. If the price moves within four to five dollars below the target price, it usually reduces the output ceiling and assigns new quotas to its member countries to keep the price close to the target price. In reality, OPEC established a band for the market price positioned round the target price by basically choosing suitable upper and lower limits for the output or, at least in soft markets, it places tolerance zone below the target price in order to restrict the discrepancy between the market price and the target price. The lower limit is particularly needed because it sets a price floor and ensures that the market price stays above the significantly lower marginal cost of oil production. If the limits of these zones are backed by a perfectly credible intervention policy, they can generate an expectations process that should turn the market prices around even before any intervention takes place. While OPEC in some sense observes the target zones for its prices, those zones are neither well defined nor vigorously defended. It can not always or may not be willing to maintain the price within the limits of the desired zone by cutting the output ceiling; it must sometimes readjust the target price and output ceiling, and thus create a new target zone to reflect the market`s new fundamentals. This is particularly true now because OPEC is losing market share to the other oil producers and is contemplating to shift the current band. Actual readjustments in the target price can be so large, as in 1980 and 1985, that the newmarket price must jump as well. They can occur when both the market price is near the limits of the band as well as when it is inside the band but still further away from those limits.

Hammoudeh, S. [Drexel Univ., Philadelphia, PA (United States)

1996-04-01T23:59:59.000Z

172

Short-Term World Oil Price Forecast  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices peaked last fall as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. So where do we see crude oil prices going from here? Crude oil prices are expected to be about $28-$30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. Let's explore why we think prices will likely remain high, by looking at an important market barometer - inventories - which measures the

173

Microsoft Word - high-oil-price.doc  

Gasoline and Diesel Fuel Update (EIA)

Short Term Energy Outlook Short Term Energy Outlook 1 STEO Supplement: Why are oil prices so high? During most of the 1990s, the West Texas Intermediate (WTI) crude oil price averaged close to $20 per barrel, before plunging to almost $10 per barrel in late 1998 as a result of the Asian financial crisis slowing demand growth while extra supply from Iraq was entering the market for the first time since the Gulf War. Subsequently, as Organization of Petroleum Exporting Countries (OPEC) producers more closely adhered to a coordinated production quota and reduced output, crude oil prices not only recovered, but increased to about $30 per barrel as demand grew as Asian economies recovered. The most recent increase in crude oil prices began in 2004, when they almost doubled from 2003 levels, rising from about $30 per barrel at the end

174

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

175

The social costs to the US of monopolization of the world oil market, 1972--1991  

SciTech Connect

The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel's ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical more competitive'' world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy's potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy's inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US's primary oil supply contingency program is small ($10 B) by comparison.

Greene, D.L.; Leiby, P.N.

1993-03-01T23:59:59.000Z

176

The social costs to the US of monopolization of the world oil market, 1972--1991  

SciTech Connect

The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel`s ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical ``more competitive`` world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader`s judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy`s potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy`s inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US`s primary oil supply contingency program is small ($10 B) by comparison.

Greene, D.L.; Leiby, P.N.

1993-03-01T23:59:59.000Z

177

would argue that over the last 25 to 30 years, the major driving force in issues  

E-Print Network (OSTI)

Oil embargo, when OPEC, for political reasons, restricted its oil exports to the U.S. The result 30 years ago, which means more U.S. dollars are leaving the country to pay for that oil," says Rubin challenge facing us." Americans today hear a lot about energy issues: fuel-efficient cars, alternative fuels

McGaughey, Alan

178

World's 1993 oil flow slips; demand to move up in 1994  

Science Conference Proceedings (OSTI)

World crude oil production in 1993 was down slightly from the year before. Production averaged 59.752 million b/d, off 287,000 b/d from 1992, largely because of production declines in the Commonwealth of Independent States (C.I.S.) and US. Those declines were offset in part by increases among members of the Organization of Petroleum Exporting Countries as well as in regions such as the North Sea and other non-OPEC areas. International Energy Agency (IEA) figures show world demand for petroleum products fell 100,000 b/d in 1993 to average 67 million b/d for the year. This included a stock build estimated at 400,000 b/d. IEA expects world demand to move up this year. However, it is still doubtful whether OPEC production will have to expand to meet the higher level of consumption. That will depend on decisions about additions to stocks. The paper discusses OPEC production, OPEC quota, world liquids supply, world demand, and outlook for 1994.

Beck, R.J.

1994-03-14T23:59:59.000Z

179

"Future of oil supplies"  

E-Print Network (OSTI)

Oil is so important that publishing reserve (even production) data has become a political act. Most of the dispute between the so-called pessimists (mainly retired geologists) and the optimists (mainly economists) is due to their using different sources of information and different definitions. The pessimists use technical (confidential) data, whereas the optimists use the political (published) data. OPEC quotas are based on the reserves, explaining why its members raised their reserves from 1986 to 1990, adding about 300 Gb of oil reserves when only about 10 Gb was actually discovered during this period. There is consensus on neither the reserve numbers, nor the definition of terms, such as oil, gas, conventional, unconventional, reserves. The latter term may variously refer to current proven values or backdated mean values. The US practice is completely different from that in the rest of the world, being conservative to satisfy bankers and the stockmarket. By contrast, the FSU practice was over-optimistic being based on the maximum theoretical recovery, free of technological or economic constraints. All published data have to be re-worked to be able to compare like with like. Unfortunately confidentiality and politics make it difficult to obtain valid data.

Jean Laherrère; Les Pres Haut

2003-01-01T23:59:59.000Z

180

OPEC spare capacity in the first quarter of 2012 at lowest ...  

U.S. Energy Information Administration (EIA)

The U.S. Energy Information Administration (EIA) estimates that global spare crude oil production capacity averaged about 2.4 million barrels per day (bbl/d) during ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


181

The Social Costs to the U.S. of Monopolization of the World Oil Market, 1972-1991  

Science Conference Proceedings (OSTI)

The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the U.S. over the period 1972-1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the U.S. and other consuming nations could, through collective (social) action affect the cartel's ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972-1991 period to a hypothetical ''more competitive'' world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing U.S. oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US. oil consumers to foreign oil producers and, by increasing the economic scarcity of oil, reduces the economy's potential to produce. The actions of the OPEC Cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy's inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972-1991 period are put at $4.1 trillion in 1990$ ($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US's primary oil supply contingency program is small ($10 B) by comparison.

Greene, D.L.

1993-01-01T23:59:59.000Z

182

Oil, turmoil, and Islam in the Middle East  

SciTech Connect

The turmoil and strife of the Middle East raises serious questions about the security of the world's oil supply. The author argues that OPEC and OAPEC can no longer afford to impose indiscriminate price increases on the marketplace because they hurt not only themselves but oil poor Third World nations as well. The author analyzes the importance of Middle Eastern oil in world politics. He emphasizes that any consideration of the forces influencing development in the Middle East should take Islamic tradition into account. Each chapter is organized around a current Middle Eastern problem: oil politics in relation to international energy needs; the ramifications of the new oil wealth and power of the Middle East; The Iran-Iraq War; Muslim insurgency in Afghanistan; The Arab-Israel conflict; turmoil in Lebanon; Palestinian nationalism; and the Middle East as a superpower.

Sheikh, A.R.

1986-01-01T23:59:59.000Z

183

Oman: World Oil Report 1991  

SciTech Connect

This paper reports that for the sixth consecutive year, Oman should retain its title as the biggest driller in the Middle East in 1991. An accelerated program in 1990 pushed production to an all-time record 700,000 bpd late in the year. Although not a member of Opec, Oman has cooperated with the group in restraining output as needed to support oil prices. Petroleum Development Oman (PDO), a partnership of the government (60%), Royal Dutch Shell (34%), Total (4%) and Partex (2%), remains by far the biggest producer. This year, PDO will begin work on its $500-million effort to boost production from its Lekhwair field from a current 24,000 bpd to 110,000 bpd by 1994. Last year, PDO also drilled 15 horizontal wells, most of which were successful in increasing per well production compared to conventional vertical holes. The horizontal program has been continued this year with two rings.

Not Available

1991-08-01T23:59:59.000Z

184

Sensitivity analysis of world oil prices. Analysis report AR/IA/79-47  

SciTech Connect

An analysis of the impact of the political disruption in Iran on the world oil market is presented. During the first quarter of 1979, this disruption caused a loss of approximately 5 million barrels per day (MMBD) of oil production available for export from Iran to the rest of the world. This loss of production and the political climate in Iran have caused much speculation concerning future Iranian oil production and total Organization of Petroleum Exporting Countries (OPEC) oil production in the nearterm and midterm. The analysis describes these issues in terms of two critical factors: the world oil price and the level of OPEC oil production in the nearterm and midterm. A detailed comparison of the Central Intelligence Agency (CIA) and Energy Information Agency (EIA) forecasting models of world oil prices is presented. This comparison consists of examining reasons for differences in the price forecasts of the CIA model by using CIA assumptions within the EIA model. The CIA and EIA model structures and major parameters are also compared. It is important to note that this analysis is not all encompassing. In particular, the analysis does not provide data on crude oil prices in the spot market, but does provide information on the average crude oil price; and does not permit rationing of oil, since the market is forced to clear only through changes in oil prices. Throughout this paper, world oil prices are defined in terms of real 1978 dollars per barrel of crude oil delivered to the East Coast of the United States net of any import fees.

Rodekohr, M.; Cato, D.

1979-09-01T23:59:59.000Z

185

Oil and the American Way of Life: Don't Ask, Don't Tell  

Science Conference Proceedings (OSTI)

In the coming decades, US consumers will face a series of important decisions about oil. To make effective decisions, consumers must confront some disturbing answers to questions they would rather not ask. These questions include: is the US running out of oil, is the world running out of oil, is OPEC increasing its grip on prices, is the US economy reducing its dependence on energy, and will the competitive market address these issues in a timely fashion? Answers to these questions indicate that the market will not address these issues: the US has already run out of inexpensive sources of oil such that rising prices no longer elicit significant increases in supply. The US experience implies that within a couple of decades, the world oil market will change from increasing supply at low prices to decreasing supply at higher prices. As the world approaches this important turning point, OPEC will strengthen its grip on world oil prices. Contrary to popular belief, the US economy continues to be highly dependent on energy, especially inexpensive sources of energy. Together, these trends threaten to undermine the basic way in which the US economy generates a high standard of living.

Kaufmann, Robert (Boston University)

2005-06-01T23:59:59.000Z

186

Have We Run Out of Oil Yet? Oil Peaking Analysis from an Optimist's Perspective  

Science Conference Proceedings (OSTI)

This study addresses several questions concerning the peaking of conventional oil production from an optimist's perspective. Is the oil peak imminent? What is the range of uncertainty? What are the key determining factors? Will a transition to unconventional oil undermine or strengthen OPEC's influence over world oil markets? These issues are explored using a model combining alternative world energy scenarios with an accounting of resource depletion and a market-based simulation of transition to unconventional oil resources. No political or environmental constraints are allowed to hinder oil production, geological constraints on the rates at which oil can be produced are not represented, and when USGS resource estimates are used, more than the mean estimate of ultimately recoverable resources is assumed to exist. The issue is framed not as a question of "running out" of conventional oil, but in terms of the timing and rate of transition from conventional to unconventional oil resources. Unconventional oil is chosen because production from Venezuela's heavy-oil fields and Canada's Athabascan oil sands is already underway on a significant scale and unconventional oil is most consistent with the existing infrastructure for producing, refining, distributing and consuming petroleum. However, natural gas or even coal might also prove to be economical sources of liquid hydrocarbon fuels. These results indicate a high probability that production of conventional oil from outside of the Middle East region will peak, or that the rate of increase of production will become highly constrained before 2025. If world consumption of hydrocarbon fuels is to continue growing, massive development of unconventional resources will be required. While there are grounds for pessimism and optimism, it is certainly not too soon for extensive, detailed analysis of transitions to alternative energy sources.

Greene, David L [ORNL; Hopson, Dr Janet L [University of Tennessee, Knoxville (UTK); Li, Jia [University of Tennessee, Knoxville (UTK)

2005-01-01T23:59:59.000Z

187

Soviet Union oil sector outlook grows bleaker still  

SciTech Connect

This paper reports on the outlook for the U.S.S.R's oil sector which grows increasingly bleak and with it prospects for the Soviet economy. Plunging Soviet oil production and exports have analysts revising near term oil price outlooks, referring to the Soviet oil sector's self-destructing and Soviet oil production in a freefall. County NatWest, Washington, citing likely drops in Soviet oil production and exports (OGJ, Aug. 5, p. 16), has jumped its projected second half spot price for West Texas intermediate crude by about $2 to $22-23/bbl. Smith Barney, New York, forecasts WTI postings at $24-25/bbl this winter, largely because of seasonally strong world oil demand and the continued collapse in Soviet oil production. It estimates the call on oil from the Organization of Petroleum Exporting Countries at more than 25 million b/d in first quarter 1992. That would be the highest level of demand for OPEC oil since 1980, Smith Barney noted.

Not Available

1991-08-12T23:59:59.000Z

188

R E V I E W Fall 2005 UC SANTA CRUZUC SANTA CRUZ  

E-Print Network (OSTI)

established over many decades by many persons, all of whom can take pride in their contributions. HISTORY. For additional information on the history of x-ray shielding, the reader is referred to excellent reviews's there were major disruptions in oil supplies caused by the OPEC embargo. The response

California at Santa Cruz, University of

189

Oil shale: a new set of uncertainties  

SciTech Connect

The discovery and delivery of North Sea oil has created an uncertain future for the British oil shale industry in spite of its lower price per barrel. While oil companies have long been interested in a secure shale oil source for chemical feedstocks, environmental concerns, mining difficulties, and inflated operating costs have counteracted the opportunity provided by the 1973 oil embargo. With the financial risks of oil shale mining and retorting too great for a single company, research efforts have shifted to a search for technologies that will be multistaged and less costly, such as in-situ mining, in-situ processing, and hydraulic fracturing. Successful testing and demonstration of these processes will determine the future commercial role of oil shales. 17 references and footnotes.

Schanz, J.J. Jr.; Perry, H.

1978-10-01T23:59:59.000Z

190

Oilgopoly: a general equilibrium model of the oil-macroeconomy nexus  

E-Print Network (OSTI)

Saudi Arabia is the largest player in the world oil market. It maintains ample spare capacity, restricts investment in developing reserves, and its output is negatively correlated with other OPEC producers. While this behavior does not …t into the perfect competition paradigm, we show that it can be rationalized as that of a dominant producer with competitive fringe. We build a quantitative general equilibrium model along these lines which is capable of matching the historical volatility of the oil price, competitive and non-competitive oil output, and of generating the observed comovement among the oil price, oil quantities, and U.S. GDP. We use our framework to answer questions on which available models are silent: (1) What are the proximate determinants of the oil price and how do they vary over the cycle? (2) How large are oil pro…ts and what losses do they imply for oil-importers? (3) What do di¤erent fundamental shocks imply for the comovement of oil prices and GDP? (4) What are the general equilibrium e¤ects of taxes on oil consumption or oil production? We …nd, in particular, that the existence of an oil production distortion does not necessarily justify an oil consumption tax di¤erent from zero. 1

Anton Nakov Y; Banco De España; Galo Nuño; Banco De España

2009-01-01T23:59:59.000Z

191

International Energy Outlook 2011 - Energy Information Administration  

U.S. Energy Information Administration (EIA)

Liquid fuels Unconventional Total Reference High Oil Price Low Oil Price Non-OPEC conventional OPEC conventional (million barrels per day) U.S. Energy Information ...

192

WTI Crude Oil Prices Are Expected To Remain Relatively High Through At  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: As we just saw, one of the primary factors impacting gasoline price is the crude oil price. This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices broke $36 per barrel in November briefly as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. Crude oil prices are expected to be about $30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. With the EIA forecast for crude prices staying high this year,

193

Kerosene Imports from OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

194

EIA - AEO2010 - World oil prices and production trends in AEO2010  

Gasoline and Diesel Fuel Update (EIA)

World oil prices and production trends in AEO2010 World oil prices and production trends in AEO2010 Annual Energy Outlook 2010 with Projections to 2035 World oil prices and production trends in AEO2010 In AEO2010, the price of light, low-sulfur (or “sweet”) crude oil delivered at Cushing, Oklahoma, is tracked to represent movements in world oil prices. EIA makes projections of future supply and demand for “total liquids,” which includes conventional petroleum liquids—such as conventional crude oil, natural gas plant liquids, and refinery gain—in addition to unconventional liquids, which include biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil. World oil prices can be influenced by a multitude of factors. Some tend to be short term, such as movements in exchange rates, financial markets, and weather, and some are longer term, such as expectations concerning future demand and production decisions by the Organization of the Petroleum Exporting Countries (OPEC). In 2009, the interaction of market factors led prompt month contracts (contracts for the nearest traded month) for crude oil to rise relatively steadily from a January average of $41.68 per barrel to a December average of $74.47 per barrel [38].

195

Oil Independence: Achievable National Goal or Empty Slogan?  

Science Conference Proceedings (OSTI)

Oil independence has been a goal of U.S. energy policy for the past 30 years yet has never been rigorously defined. A rigorous, measurable definition is proposed: to reduce the costs of oil dependence to less than 1% of GDP in the next 20 to 25 years, with 95% probability. A simulation model incorporating the possibility of future oil supply disruptions and other sources of uncertainty is used to test whether two alternative energy policy strategies, Business as Usual and an interpretation of the strategy proposed by the National Commission on Energy Policy (NCEP), can achieve oil independence for the United States. Business as Usual does not produce oil independence. The augmented NCEP strategy comes close to achieving oil independence for the U.S. economy within the next 20-25 years but more is needed. The success of the strategy appears to be robust regardless of how the Organization of the Petroleum Exporting Countries (OPEC) responds to it. Expected annual savings are estimated to exceed $250 billion per year by 2030.

Greene, David L [ORNL; Leiby, Paul Newsome [ORNL; Patterson, Philip D [U.S. Department of Energy, Office of Planning, Budget and Analysis; Plotkin, Steven E [Argonne National Laboratory (ANL); Singh, Margaret K [Argonne National Laboratory (ANL)

2007-01-01T23:59:59.000Z

196

Crude Oil  

U.S. Energy Information Administration (EIA) Indexed Site

Barrels) Product: Crude Oil Liquefied Petroleum Gases Distillate Fuel Oil Residual Fuel Oil Still Gas Petroleum Coke Marketable Petroleum Coke Catalyst Petroleum Coke Other...

197

OIL PRODUCTION  

NLE Websites -- All DOE Office Websites (Extended Search)

OIL PRODUCTION Enhanced Oil Recovery (EOR) is a term applied to methods used for recovering oil from a petroleum reservoir beyond that recoverable by primary and secondary methods....

198

Muslim oil and gas periphery; the future of hydrocarbons in Africa, southeast Asia and the Caspian. Master`s thesis  

Science Conference Proceedings (OSTI)

This thesis is a study of the contemporary political, economic, and technical developments and future prospects of the Muslim hydrocarbon exporters of Africa, Southeast Asia, and the Caspian. The established Muslim oil and gas periphery of Africa and Southeast Asia has four members in the Organization of Petroleum Exporting Countries (OPEC) and is systemically increasing its production of natural gas. I analyze US government and corporate policies regarding the countries and the major dilemmas of the Muslim hydrocarbon periphery. The first chapter provides a selective overview of global energy source statistics; the policies, disposition and composition of the major hydrocarbon production and consumption players and communities; a selective background of OPEC and its impact on the globe; and a general portrait of how the Muslim periphery piece fits into the overall Muslim oil and gas puzzle. Chapter two analyzes the established Muslim oil and gas periphery of Africa and Southeast Asia asking the following questions: What are the major political, economic, and technical trends and dilemmas affecting these producer nations. And what are the United States` policies and relationships with these producers. Chapter three asks the same questions as chapter two, but with regard to the newly independent states of the Caspian Sea. I probe the regional petroleum exploration and transportation dilemmas in some detail.

Crockett, B.D.

1997-12-01T23:59:59.000Z

199

www.eia.gov  

U.S. Energy Information Administration (EIA)

Quarterly OPEC spare crude oil capacity and WTI spot prices ,,, Year,Quarter,OPEC spare capacity (million barrels per day),WTI price (real 2010 dollars) ...

200

Updated Hubbert curves analyze world oil supply  

SciTech Connect

The question is not whether, but when, world crude oil production will start to decline, ushering in the permanent oil shock era. While global information for predicting this event is not so straightforward as the data M. King Hubbert used in creating his famous Hubbert Curve that predicted the US (Lower 48 states, or US/48) 1970 oil production peak, there are strong indications that most of the world`s large exploration targets have now been found. Meanwhile, the earth`s population is exploding along with the oil needs of Asia`s developing nations. This article reviews Hubbert`s original analyses on oil discovery and production curves for the US/48 and projects his proven methodology onto global oil discoveries and production as of 1992. The world`s oil discovery curve peaked in 1962, and thence declined, as a Hubbert Curve predicts. However, global production was restricted after the 1973 Arab oil embargo. Otherwise, world production would have peaked in the mid-1990s. Two graphs show alternate versions of future global oil production.

Ivanhoe, L.F. [Novum Corp., Ojai, CA (United States)

1996-11-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


201

Energy & Financial Markets - U.S. Energy Information Administration (EIA) -  

Gasoline and Diesel Fuel Update (EIA)

OPEC OPEC Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. This organization seeks to actively manage oil production in its member countries by setting production targets. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. OPEC production often acts to balance the oil market. Cuts in OPEC production targets tend to lead to price increases. This chart shows changes in OPEC production targets compared to changes in oil prices. Reductions in OPEC production targets often lead to increases in oil prices. OPEC member countries produce about 40 percent of the world's crude oil. Equally important to global prices, OPEC's oil exports represent about 60

202

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

U.S. Energy Information Administration (EIA)

Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi disruption added to a market sense of oversupply. Relatively mild weather in Europe allowed distillate ...

203

WTI Crude Oil Price: Potential for Volatility Around Base Case  

U.S. Energy Information Administration (EIA)

Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi disruption added to a market sense of oversupply. Relatively mild weather in Europe allowed distillate ...

204

Vehicle Technologies Office: Fact #193: December 3, 2001 Oil...  

NLE Websites -- All DOE Office Websites (Extended Search)

the Persian Gulf, and the United States Notes: Current OPEC members include Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates,...

205

CRUDE OIL PRICE FLUCTUATIONS AND SAUDI ARABIAN BEHAVIOUR by  

E-Print Network (OSTI)

The responsibility for the contents of the working paper rests with the author, not the Institute. Since working papers are of a preliminary nature, it may be useful to contact the author of a particular working paper about results or caveats before referring to, or quoting, a paper. Any comments on working papers should be sent directly to the author. CRUDE OIL PRICE FLUCTUATIONS AND SAUDI ARABIAN BEHAVIOUR* This study seeks to explain why crude oil prices fluctuate, the main cause being the quota regime, which characterises the OPEC agreements. Given that the Saudi oil supply is inelastic in the short term, a shock in the oil market is accommodated by an immediate price change. In contrast, a dominant firm behaviour in the long term causes an output change, which is accompanied by a smaller price change. This explains why oil prices overshoot. The results of a general equilibrium model applied to Saudi Arabia support this analysis. They also indicate that Saudi Arabia does not have any incentive in altering the crude oil market equilibrium with either positive or negative supply shocks; and that its behaviour is asymmetric in the presence of world demand shocks, having an incentive (disincentive) in intervening if a negative (positive) demand shock hits the crude oil market. A second set of simulations is designed to understand what might be a correct OECD policy to lower prices. A tax cut would worsen the situation, whereas policies which can increase the price elasticity of demand seem to be very effective. * I have benefited from discussions with Christiane Kasten, Bodo Steiner and Manfred Wiebelt. All errors are my responsibility.

Roberto A. De Santis; Roberto A. De Santis

2000-01-01T23:59:59.000Z

206

Microsoft Word - appa.docx  

Annual Energy Outlook 2012 (EIA)

energy crops, natural gas, coal, extra-heavy oil, bitumen (oil sands), and kerogen (oil shale, not to be confused with shale oiltight oil). Includes both OPEC and non-OPEC...

207

Oil and Oil Derivatives Compliance Requirements  

Science Conference Proceedings (OSTI)

... for international connection of oiled residues discharge ... C to + 163°C, fuels, lubricating oils and hydraulic ... fuel of gas turbine, crude oil, lubricating oil ...

2012-10-26T23:59:59.000Z

208

Energy Conservation in Existing Olefins Plants  

E-Print Network (OSTI)

The manufacture of olefins in a modern steam cracking plant consumes a great deal of energy. Depending upon the feedstock, between 6000 and 12000 BTU per pound of ethylene produced is required. In older designs, those designed prior to the first OPEC oil embargo, energy requirements are even higher. A pre-1973 design would consume 50 to 100 percent more BTU's per pound of ethylene product produced.

DeHaan, S.

1983-01-01T23:59:59.000Z

209

Energy & Financial Markets - U.S. Energy Information Administration (EIA) -  

Gasoline and Diesel Fuel Update (EIA)

Non-OPEC Non-OPEC Oil production from countries outside the Organization of the Petroleum Exporting Countries (OPEC) currently represents about 60 percent of world oil production. Key centers of non-OPEC production include North America, regions of the former Soviet Union, and the North Sea. EIA expects strong growth in non-OPEC production in 2014 and 2015. This chart shows that net increases in non-OPEC production were very small from 2005 to 2008. This lack of additional supplies from non-OPEC countries contributed to tighter markets in this period. In contrast to OPEC oil production, which is subject to central coordination, non-OPEC producers make independent decisions about oil production. Also, in contrast to OPEC, where oil production is mostly in the hands of national oil companies (NOCs), international or investor-owned

210

New England Wind Forum: Historic Wind Development in New England: The 70's  

Wind Powering America (EERE)

The 70's OPEC Oil Embargo Sparks Renewed Interest The 70's OPEC Oil Embargo Sparks Renewed Interest In 1973, when the United States met 94% of its energy requirements from nonrenewable sources, OPEC's oil embargo had a dramatic impact. Supply disruptions and a four-fold price increase caused an increased interest in renewable (i.e., sun-driven) resources. As one response, the Department of Energy and private companies began to develop the forerunners of today's modern wind turbines. WF-1 Wind Turbine at University of Massachusetts, 1976. Photo courtesy of the University of Massachusetts. WF-1 Wind Turbine at University of Massachusetts, 1976. Photo courtesy of the University of Massachusetts. UMass Wind Furnace WF-1 The mid 1970s saw the design, construction and installation of a 25-kW wind turbine at the University of Massachusetts at Amherst. According to the University's Renewable Energy Research Lab, this turbine, known as WF-1, was at the time of its completion the largest existing wind turbine in the United States and for a short time, one of the two or three largest operating turbines in the world. It has now been decommissioned and is currently being prepared for storage and transportation to the Smithsonian Institution.

211

Energy Information Administration  

Gasoline and Diesel Fuel Update (EIA)

Marks 25th Anniversary of 1973 Oil Embargo Marks 25th Anniversary of 1973 Oil Embargo Jay Hakes, Administrator, Energy Information Administration (EIA) September 3, 1998 Click here to start Table of Contents Energy Information Administration Some Views of 1973 Major Disruptions of World Oil Supply Imported Oil as a Percent of Total U. S. Consumption Percent of OPEC and Persian Gulf World Oil Production U. S. Retail Price of Gasoline U. S. Total Petroleum Consumption U. S. Per Capita Use of Petroleum U. S. Government Owned Crude Oil Stocks Cost of Finding Oil and Gas Reserves U. S. MPG Ratings for New Vehicles U. S. Average Horsepower of a New Vehicle Share of U. S. Electricity Generated By Petroleum Futures And Options Markets Changed Energy Marketing U. S. Total Energy Consumption U. S. Per Capita Use of Energy

212

Oil reserves  

SciTech Connect

As of March 1988, the Strategic Petroleum Reserve inventory totaled 544.9 million barrels of oil. During the past 6 months the Department of Energy added 11.0 million barrels of crude oil to the SPR. During this period, DOE distributed $208 million from the SPR Petroleum Account. All of the oil was purchased from PEMEX--the Mexican national oil company. In FY 1988, $164 million was appropriated for facilities development and management and $439 million for oil purchases. For FY 1989, DOE proposes to obligate $173 million for facilities development and management and $236 million for oil purchases. DOE plans to postpone all further drawdown exercises involving crude oil movements until their effects on cavern integrity are evaluated. DOE and the Military Sealift Command have made progress in resolving the questions surrounding nearly $500,000 in payments for demurrage charges.

Not Available

1988-01-01T23:59:59.000Z

213

Supply, disposition, and stocks of all oils by P. A. D. districts and imports into the United States, by country, final 1978  

Science Conference Proceedings (OSTI)

Final annual US supply, disposition, and stocks are detailed for: all oils, petroleum products, crude oil, selected natural gas plant liquids, and net unfinished oils for each of five P.A.D. (Petroleum Administration for Defense) Districts for 1978. Petroleum products include motor gasoline, aviation gasoline, jet engine fuels, ethane, liquefied gases, kerosene, distillate fuel oil, residual fuel oil, petrochemical feedstocks, naphthas, lubricants, wax, coke, asphalt, and other products. Also given is the percentage of refinery yields based on crude and net unfinished oil rerun. Imports of petroleum products and of crude oil into the United States are shown by country and continent, with US totals and subtotals for each P.A.D. District. OPEC (Organization of Petroleum Exporting Countries) members are indicated. Data are reported in barrels per day. An accompanying map indicates the US P.A.D. Districts. A brief narrative discusses salient statistics. Prior to the 1978 annual issue, this report was entitled Supply Demand, and Stocks of All Oils by P.A.D. Districts and Imports into the United States, by Country. 1 figure, 6 tables.

Not Available

1980-01-07T23:59:59.000Z

214

Consumers Are Enjoying Low Oil Prices (Figure 1)  

Gasoline and Diesel Fuel Update (EIA)

SUBCOMMITTEE ON ENERGY AND POWER SUBCOMMITTEE ON ENERGY AND POWER COMMITTEE ON COMMERCE U.S. HOUSE OF REPRESENTATIVES MARCH 10, 1999 Summary of Jay Hakes Testimony on Exxon-Mobil Merger The major oil companies are very different companies today than they were at the time of the Arab Oil Embargo. Following the nationalization of crude-producing assets and the subsequent rise of state-owned oil companies to run and enhance those assets, major oil companies shrank. In 1972, had mergers occurred between BP and Amoco and Exxon and Mobil, the two resulting organizations would have controlled almost 28 percent of world production. Today the combined production of these four organizations accounts for less than 7 percent of production. Exxon and Mobil account for less than 4 percent. If Exxon and Mobil combine, EIA data show several regions of large overlap.

215

PIA - Northeast Home Heating Oil Reserve System (Heating Oil...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Northeast Home Heating Oil Reserve System (Heating Oil) PIA - Northeast Home Heating Oil Reserve System (Heating Oil) PIA - Northeast Home Heating Oil Reserve System (Heating Oil)...

216

MTBE (Oxygenate) Imports from OPEC  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

217

Pentanes Plus Imports from OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

218

Short-Term Energy Outlook - U.S. Energy Information Administration ...  

U.S. Energy Information Administration (EIA)

Crude oil, gasoline, heating oil, diesel, propane, ... Middle East OPEC Total U.S. Crude Oil and Liquid Fuels Supply Field Production U.S. Crude Oil ...

219

Microsoft Word - LBNL_Version_ProcIEEE_Embargoed-1.docx  

NLE Websites -- All DOE Office Websites (Extended Search)

Estimating the Energy Use and Efficiency Estimating the Energy Use and Efficiency Potential of U.S. Data Centers Eric R. Masanet, Richard E. Brown, Arman Shehabi, Jonathan G. Koomey, and Bruce Nordman Environmental Energy Technologies Division Proceedings of the IEEE. vol. 99, no. 8. August 2011. pp. 1440 - 1453. August 2011 This work was supported by the U.S. Environmental Protection Agency, Climate Protection Partnerships Division, Office of Air and Radiation, under U.S. Department of Energy Contract No. DE-AC02-05CH11231. The authors gratefully acknowledge data support from IDC. LBNL-5830E Disclaimer This document was prepared as an account of work sponsored by the United States Government. While this document is believed to contain correct information, neither the United States

220

Modeling the Oil Transition: A Summary of the Proceedings of the DOE/EPA Workshop on the Economic and Environmental Implications of Global Energy Transitions  

SciTech Connect

The global energy system faces sweeping changes in the next few decades, with potentially critical implications for the global economy and the global environment. It is important that global institutions have the tools necessary to predict, analyze and plan for such massive change. This report summarizes the proceedings of an international workshop concerning methods of forecasting, analyzing, and planning for global energy transitions and their economic and environmental consequences. A specific case, it focused on the transition from conventional to unconventional oil and other energy sources likely to result from a peak in non-OPEC and/or global production of conventional oil. Leading energy models from around the world in government, academia and the private sector met, reviewed the state-of-the-art of global energy modeling and evaluated its ability to analyze and predict large-scale energy transitions.

Greene, David L [ORNL

2007-02-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


221

Groundwater and Wastewater Remediation Using Agricultural Oils  

agricultural oils to stimulate endogenous microbes which accelerates the cleanup.  The oils tested include canola oil, grapeseed oil, coconut oil, corn oil, cottonseed oil, olive oil, palm oil, palm kernel oil, peanut oil, ...

222

PIA - Northeast Home Heating Oil Reserve System (Heating Oil...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

PIA - Northeast Home Heating Oil Reserve System (Heating Oil) PIA - Northeast Home Heating Oil Reserve System (Heating Oil) PIA - Northeast Home Heating Oil Reserve System (Heating...

223

Vehicle Technologies Office: 2003 Archive  

NLE Websites -- All DOE Office Websites (Extended Search)

2003 298 OPEC and Persian Gulf Share of U.S. Imports December 15, 2003 297 Imported Crude Oil: Where Does It Come From? December 8, 2003 296 Crude Oil Production: OPEC, the...

224

OIl Speculation  

Gasoline and Diesel Fuel Update (EIA)

Investor Flows and the 2008 BoomBust in Oil Prices Kenneth J. Singleton 1 August 10, 2011 1 Graduate School of Business, Stanford University, kenneths@stanford.edu. This research...

225

Oil dependence and Thai foreign-policy behavior during the Arab-Israeli war of October 1973  

SciTech Connect

The purpose of this study is to explain Thai foreign-policy behavior toward the Arab-Israeli conflict during the Arab oil embargo of 1973-1974 in the wake of the October 1973 War. The major hypothesis is that Thai foreign policy behavior shifted from a neutral to a pro-Arab position after the Arab oil embargo. This shift was motivated by Thai oil-import dependence on OAPEC (Organization of Arab Petroleum Exporting Countries). Oil has assumed an economic as well as a political dimension. Therefore, its political influence over the oil-dependent states cannot be dismissed. Thai foreign-policy behavior in the Arab-Israeli conflict is analyzed through the use of the dependence approach, which contends that external reliance is a potent factor for explaining behavior of actors. Thailand's foreign-policy stand is first delineated through the use of documents containing policy statements by Thai delegates to the United Nations. It was found that although Thai public policy statements were never bluntly anti-Israel, they moved from between neutrality before the oil crisis to a pro-Arab position after the oil crisis of 1973-1974. This shift of Thailand's foreign policy behavior position was then measured against its UN voting records. Results of the voting analysis indicated that the shifting of Thai foreign policy behavior during the October war was motivated by Thailand's oil-import dependence.

Keophumihae, S.

1985-01-01T23:59:59.000Z

226

Crude Oil Exports  

U.S. Energy Information Administration (EIA)

Notes: Crude oil exports are restricted to: (1) crude oil derived from fields under the State waters of Alaska's Cook Inlet; (2) Alaskan North Slope crude oil; (3) ...

227

Heavy Oil Projects  

NLE Websites -- All DOE Office Websites (Extended Search)

Select Reports from Heavy Oil Projects Project Number Performer Title Heavy Oil Recovery US (NIPERBDM-0225) BDM-Oklahoma, Inc. Feasibility Study of Heavy Oil Recovery in the...

228

3. Crude Oil Statistics  

U.S. Energy Information Administration (EIA)

3. Crude Oil Statistics The United States had 21,371 million barrels of crude oil proved reserves as of December 31, 2004. Crude oil proved reserves ...

229

5 World Oil Trends WORLD OIL TRENDS  

E-Print Network (OSTI)

5 World Oil Trends Chapter 1 WORLD OIL TRENDS INTRODUCTION In considering the outlook for California's petroleum supplies, it is important to give attention to expecta- tions of what the world oil market. Will world oil demand increase and, if so, by how much? How will world oil prices be affected

230

Measuring Energy Security: Can the United States Achieve Oil Independence?  

SciTech Connect

Stochasticsimulationofthedirecteconomiccostsofoildependenceinanuncertainfutureisproposed as ausefulmetricofoildependence.Themarketfailurefromwhichthesecostsariseisimperfect competitionintheworldoilmarket,chieflyasaconsequenceoftheuseofmarketpowerbythe OrganizationofthePetroleumExportingCountries(OPEC)cartel.Oildependencecostscanbe substantial.ItisestimatedthatoildependencecoststotheUSeconomyin2008willexceed$500 billion.Othercosts,suchasmilitaryexpendituresorforeignpolicyconstraintsaredeemedtobelargely derivativeoftheactualorpotentialeconomiccostsofoildependence.Theuseofquantifiableeconomic costs asasecuritymetricleadstoameasurabledefinitionofoilindependence,oroilsecurity,whichcan be usedtotesttheabilityofspecificpoliciestoachieveoilindependenceinanuncertainfuture.

Greene, David L [ORNL

2009-01-01T23:59:59.000Z

231

Specialty Oils Laboratory Proficiency Testing Program  

Science Conference Proceedings (OSTI)

Lab Proficiency Testing provider for Specialty Oils. Samples tested include Walnut Oil, Pecan Oil, Pistachio Oil, Sesame Seed Oil, Flax Seed Oil, Neem Oil, Safflower Oil, Sunflower Oil. Specialty Oils Laboratory Proficiency Testing Program Laboratory Pro

232

A Methodology to Assess the Reliability of Hydrogen-based Transportation Energy Systems  

E-Print Network (OSTI)

40 Figure 11. OPEC share of global crude oil41 Figure 12. Persian Gulf share of global crude oil44 Figure 15. Distribution of global crude oil

McCarthy, Ryan

2004-01-01T23:59:59.000Z

233

Jamaica - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Crude oil, gasoline, heating oil, diesel, ... What is shale gas and why is it important? ... OPEC Revenues Fact Sheet; World Oil Transit Chokepoints;

234

Ecuador - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Ecuador is the fifth-largest South American oil producer and a leading source of crude oil imports for ... Central & South America OPEC. ... Crude Oil Production

235

Oil | Department of Energy  

NLE Websites -- All DOE Office Websites (Extended Search)

Oil Oil Oil Prices, 2000-2008 For the first time since 1995, U.S. oil production has surpassed imports. Explore the trend with our interactive chart. |...

236

of oil yields from enhanced oil recovery  

NLE Websites -- All DOE Office Websites (Extended Search)

oil yields from enhanced oil recovery (EOR) and CO oil yields from enhanced oil recovery (EOR) and CO 2 storage capacity in depleted oil reservoirs. The primary goal of the project is to demonstrate that remaining oil can be economically produced using CO 2 -EOR technology in untested areas of the United States. The Citronelle Field appears to be an ideal site for concurrent CO 2 storage and EOR because the field is composed of sandstone reservoirs

237

EIA Oil price timeline  

U.S. Energy Information Administration (EIA)

Crude oil, gasoline, heating oil, diesel, propane, ... Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions.

238

Northeast Home Heating Oil Reserve System Heating Oil, PIA Office...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Northeast Home Heating Oil Reserve System Heating Oil, PIA Office of Fossil Energy Headquaters Northeast Home Heating Oil Reserve System Heating Oil, PIA Office of Fossil Energy...

239

Vsd Oil Free Compressor, Vsd Oil Free Compressor Products, Vsd ...  

U.S. Energy Information Administration (EIA)

Vsd Oil Free Compressor, You Can Buy Various High Quality Vsd Oil Free Compressor Products from Global Vsd Oil Free Compressor Suppliers and Vsd Oil ...

240

Chemically enhanced oil recovery stages a comeback  

Science Conference Proceedings (OSTI)

Nobody knows how much petroleum is left in the ground; estimates range from one trillion to four trillion barrels. Current global production of petroleum is about 85 million barrels/day (bbl/d), or more than 30 billion bbl/year. OPEC (the Organization of t

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


241

OIl Speculation  

Gasoline and Diesel Fuel Update (EIA)

Investor Investor Flows and the 2008 Boom/Bust in Oil Prices Kenneth J. Singleton 1 August 10, 2011 1 Graduate School of Business, Stanford University, kenneths@stanford.edu. This research is the outgrowth of a survey paper I prepared for the Air Transport Association of America. I am grateful to Kristoffer Laursen for research assistance and to Kristoffer and Stefan Nagel for their comments. Abstract This paper explores the impact of investor flows and financial market conditions on returns in crude-oil futures markets. I begin by arguing that informational frictions and the associated speculative activity may induce prices to drift away from "fundamental" values and show increased volatility. This is followed by a discussion of the interplay between imperfect infor- mation about real economic activity, including supply, demand, and inventory accumulation, and speculative

242

Filling the Strategic Petroleum Reserve | Department of Energy  

NLE Websites -- All DOE Office Websites (Extended Search)

Filling the Strategic Petroleum Reserve Filling the Strategic Petroleum Reserve Filling the Strategic Petroleum Reserve Established in 1975 in the aftermath of the OPEC oil embargo, the Strategic Petroleum Reserve was originally intended to hold at least 750 million barrels of crude oil as an insurance policy against future supply cutoffs (the maximum size was later reduced when a geologically unstable storage site was decommissioned). Today's capacity is 727 million barrels. Direct Purchases Early fill of the SPR was primarily accomplished by purchasing crude oil on the open market. Concern over the vulnerability of the United States to additional oil cutoffs prompted the federal government to purchase most of the oil for the SPR in the late 1970s and early 1980s when world oil prices often exceeded $30 per barrel. Since that time, world oil prices have

243

EIA Report 9/1/08 - Hurricane Impacts on U.S. Oil & Natural Gas Energy  

U.S. Energy Information Administration (EIA) Indexed Site

, 4:00 pm See current , 4:00 pm See current U.S. Oil and Natural Gas Market Impacts Prices NYMEX Futures Prices (for October delivery) (2pm) 9/1/2008 8/29/2008 change Week Ago 8/25/2008 Year Ago 8/31/2007 WTI Crude Oil ($/Bbl) 111.16 115.46 -4.30 115.11 73.98 Gasoline RBOB* (c/gal) 275.10 285.42 -10.32 280.69 196.45 Heating Oil (c/gal) 309.24 319.19 -9.95 317.90 205.74 Natural Gas ($/MMBtu) 7.98 8.36 -0.38 7.94 6.46 OPEC Basket ($Bbl) NA 111.23 NA 110.61 69.60 *RBOB = Reformulated Blendstock for Oxygenate Blending (RBOB), the base gasoline that needs to be blended with some type of oxygenate, now usually ethanol, to be turned into finished reformulated gasoline (RFG). Ethanol is not blended into the gasoline mixture until just before the gasoline is shipped to the retail stations. Petroleum As of 12:30 pm EDT (11:30 am CDT), August 31, the Minerals Management

244

Implications of lifting the ban on the export of Alaskan crude oil  

Science Conference Proceedings (OSTI)

Present legislation effectively bans the export of crude oil produced in the United States. The ban has been in effect for years and is particularly stringent with respect to crude oil produced in Alaska, particularly on the North Slope. The Alaska crude export ban is specifically provided for in the Trans-Alaska Pipeline Authorization Act of 1973 and in other legislation. It was imposed for two reasons. The first was to reduce US dependence on imported crude oil. The Arab oil embargo had been imposed shortly before the Act was passed and a greater measure of energy independence was considered imperative at that time. The second reason was to assure that funds expended in building an Alaskan pipeline would benefit domestic users rather than simply employed to facilitate shipments to other countries. The main objective of this report is to estimate the potential impacts on crude oil prices that would result from lifting the export ban Alaskan crude oil. The report focuses on the Japanese market and the US West Coast market. Japan is the principal potential export market for Alaskan crude oil. Exports to that market would also affect the price of Alaskan crude oil as well as crude oil and product prices on the West Coast and the volume of petroleum imported in that area. 3 figs., 8 tabs.

Not Available

1990-03-26T23:59:59.000Z

245

Word Pro - Untitled1  

Annual Energy Outlook 2012 (EIA)

9 Landed Costs of Crude Oil Imports From Selected Countries Total, 1973-2011 By Selected Country, 2011 By Selected OPEC Country, 1973-2011 By Selected Non-OPEC Country,...

246

Word Pro - Untitled1  

Annual Energy Outlook 2012 (EIA)

3 Table 5.19 Landed Costs of Crude Oil Imports From Selected Countries, 1973-2011 (Dollars 1 per Barrel) Year Persian Gulf 3 Selected OPEC 2 Countries Selected Non-OPEC 2 Countries...

247

pmm.vp  

Annual Energy Outlook 2012 (EIA)

6 Table 21. F.O.B. a Costs of Imported Crude Oil by Selected Country (Dollars per Barrel) Year Month Selected Countries Persian Gulf b Total OPEC c Non OPEC Angola Colombia Mexico...

248

Understanding Crude Oil Prices  

E-Print Network (OSTI)

World Production of Crude Oil, NGPL, and Other Liquids, andWorld Production of Crude Oil, NGPL, and Other Liquids, andProduction of Crude Oil, NGPL, and Other Liquids, and Re?

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

249

Reduce Oil Dependence Costs  

NLE Websites -- All DOE Office Websites (Extended Search)

Reduce Oil Dependence Costs U.S. Petroleum Use, 1970-2010 Nearly 40% of the oil we use is imported, costing us roughly 300 billion annually. Increased domestic oil production from...

250

China's Global Oil Strategy  

E-Print Network (OSTI)

interpretations of China’s foreign oil strategy. Argumentsof aspects of China’s foreign oil activities, they do notits largest directly-run foreign oil project. Supplying 10

Thomas, Bryan G

2009-01-01T23:59:59.000Z

251

Understanding Crude Oil Prices  

E-Print Network (OSTI)

Natural Gas, Heating Oil and Gasoline,” NBER Working Paper.2006. “China’s Growing Demand for Oil and Its Impact on U.S.and Income on Energy and Oil Demand,” Energy Journal 23(1),

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

252

Oil Spills and Wildlife  

NLE Websites -- All DOE Office Websites (Extended Search)

Oil Spills and Wildlife Name: jess Location: NA Country: NA Date: NA Question: what are some effects of oil spills on plants? Replies: The effects of oil spills over the last...

253

China's Global Oil Strategy  

E-Print Network (OSTI)

Michael T. Klare, Blood and Oil: The Dangers of America’sDowns and Jeffrey A. Bader, “Oil-Hungry China Belongs at BigChina, Africa, and Oil,” (Council on Foreign Relations,

Thomas, Bryan G

2009-01-01T23:59:59.000Z

254

Understanding Crude Oil Prices  

E-Print Network (OSTI)

by the residual quantity of oil that never gets produced.order to purchase a quantity Q barrels of oil at a price P tD t Q t Q t+1 Quantity Figure 5. Monthly oil production for

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

255

China's Global Oil Strategy  

E-Print Network (OSTI)

is an important oil source for China, yet unlike itsthe United States as a major oil source outside the volatileto be a critical source of oil, and one that is almost

Thomas, Bryan G

2009-01-01T23:59:59.000Z

256

China's Global Oil Strategy  

E-Print Network (OSTI)

nations began to seek out oil reserves around the world. 3on the limited global oil reserves and spiking prices. Manyto the largest proven oil reserves, making up 61 percent of

Thomas, Bryan G

2009-01-01T23:59:59.000Z

257

China's Global Oil Strategy  

E-Print Network (OSTI)

China’s domestic oil supply will peak, and demand Robertpeak will come around 2020, 24 and that by this point, China’s demand Oil

Thomas, Bryan G

2009-01-01T23:59:59.000Z

258

Understanding Crude Oil Prices  

E-Print Network (OSTI)

5. Monthly oil production for Iran, Iraq, and Kuwait, inday. Monthly crude oil production Iran Iraq Kuwait Figure 6.Arabia PRODUCTION QUOTA Iran PRODUCTION QUOTA Venezuela

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

259

Crude Oil Affects Gasoline Prices  

U.S. Energy Information Administration (EIA)

Crude Oil Affects Gasoline Prices. WTI Crude Oil Price. Retail Gasoline Price. Source: Energy Information Administration

260

Algeria: World Oil Report 1991  

Science Conference Proceedings (OSTI)

This paper reports that Algeria is positioned to achieve important, new natural gas markets. Over half of its hydrocarbon income is from exports of gas and derived products, liquified petroleum gas (LPG) and condensates, which are not subject to Opec quotas. Officials are moving away from inflexible past policies and are becoming vastly more realistic now that foreign investment laws have been liberalized and there is a need to attract foreign investors. Sonatrach must address three key issues to consolidate recent progress. Sales to existing customers in Europe, like Italy, must be expanded; new customers and markets need to found: and U.S. liquified natural gas (LNG) markets must be revived.

Not Available

1991-08-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


261

Biochemically enhanced oil recovery and oil treatment  

DOE Patents (OSTI)

This invention relates to the preparation of new, modified organisms, through challenge growth processes, that are viable in the extreme temperature, pressure and pH conditions and salt concentrations of an oil reservoir and that are suitable for use in microbial enhanced oil recovery. The modified microorganisms of the present invention are used to enhance oil recovery and remove sulfur compounds and metals from the crude oil.

Premuzic, Eugene T. (East Moriches, NY); Lin, Mow (Rocky Point, NY)

1994-01-01T23:59:59.000Z

262

Biochemically enhanced oil recovery and oil treatment  

DOE Patents (OSTI)

This invention relates to the preparation of new, modified organisms, through challenge growth processes, that are viable in the extreme temperature, pressure and pH conditions and salt concentrations of an oil reservoir and that are suitable for use in microbial enhanced oil recovery. The modified microorganisms of the present invention are used to enhance oil recovery and remove sulfur compounds and metals from the crude oil. 62 figures.

Premuzic, E.T.; Lin, M.

1994-03-29T23:59:59.000Z

263

South Africa - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

What is shale gas and ... OPEC Revenues Fact Sheet; World Oil ... South Africa has the second largest crude oil refinery system in Africa and imports the ...

264

SIXTH RECOGNIZING TEXTUAL ENTAILMENT CHALLENGE ...  

Science Conference Proceedings (OSTI)

... YES">World oil prices fell further on Tuesday, despite a new hurricane powering towards oil facilities in the Gulf of Mexico, and as OPEC pledged to ...

2010-04-12T23:59:59.000Z

265

MAIN TASK and NOVELTY DETECTION SUBTASK Task ...  

Science Conference Proceedings (OSTI)

... YES">World oil prices fell further on Tuesday, despite a new hurricane powering towards oil facilities in the Gulf of Mexico, and as OPEC pledged to ...

2010-04-12T23:59:59.000Z

266

Turkey - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

What is shale gas and why is ... OPEC Revenues Fact Sheet; World Oil Transit ... Concurrent with Turkey's economic expansion, its crude oil consumption has increased ...

267

U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

What is shale gas and why is it important? ... OPEC Revenues Fact Sheet; World Oil Transit ... Oil and gas development and export is central to Azerbaijan's economic ...

268

Ghana - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

What is shale gas and why is it important? ... OPEC Revenues Fact Sheet; World Oil Transit Chokepoints; Country Analysis Note. After discovering the Jubilee oil field ...

269

Eco Oil 4  

DOE Green Energy (OSTI)

This article describes the processes, challenges, and achievements of researching and developing a biobased motor oil.

Brett Earl; Brenda Clark

2009-10-26T23:59:59.000Z

270

Subject is oil shale  

SciTech Connect

The article reviews the current financial, legislative and regulatory problems of oil shale development. 2 refs.

Due, M.J.C.

1982-02-01T23:59:59.000Z

271

Oil | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Oil Oil Oil Oil Prices, 2000-2008 For the first time since 1995, U.S. oil production has surpassed imports. Explore the trend with our interactive chart. | Graphic by Daniel Wood, Energy Department. For the first time since 1995, U.S. oil production has surpassed imports. Explore the trend with our interactive chart. | Graphic by Daniel Wood, Energy Department. Oil is used for heating and transportation -- most notably, as fuel for gas-powered vehicles. America's dependence on foreign oil has declined in recent years, but oil prices have increased. The Energy Department supports research and policy options to increase our domestic supply of oil while ensuring environmentally sustainable supplies domestically and abroad, and is investing in research, technology and

272

Oil Dependencies and Peak Oil's Effects on Oil Consumption.  

E-Print Network (OSTI)

?? During the year of 2007, the world has experienced historically high oil prices both in nominal and in real terms, which has reopened discussions… (more)

Tekin, Josef

2007-01-01T23:59:59.000Z

273

Crude Oil, Heating Oil, and Propane Market Outlook  

U.S. Energy Information Administration (EIA)

Crude Oil, Heating Oil, and Propane Outlook Briefing for the State Heating Oil and Propane Program Conference Asheville, NC Mike Burdette Petroleum Division, Energy ...

274

Crude Oil, Heating Oil, and Propane Market Outlook  

U.S. Energy Information Administration (EIA)

Table of Contents. Crude Oil, Heating Oil, and Propane Market Outlook. Short-Term World Oil Price Forecast . Price Movements Related to Supply/Demand Balance

275

Crude Oil, Heating Oil, and Propane Market Outlook  

U.S. Energy Information Administration (EIA)

Crude Oil, Heating Oil, and Propane Market Outlook Briefing for the State Heating Oil and Propane Program Conference Wilmington, DE by Douglas MacIntyre

276

Vsd Oil Free Air Compressor, Vsd Oil Free Air Compressor ...  

U.S. Energy Information Administration (EIA)

Vsd Oil Free Air Compressor, You Can Buy Various High Quality Vsd Oil Free Air Compressor Products from Global Vsd Oil Free Air Compressor Suppliers ...

277

Oil Free Vsd Air Compressor, Oil Free Vsd Air Compressor ...  

U.S. Energy Information Administration (EIA)

Oil Free Vsd Air Compressor, You Can Buy Various High Quality Oil Free Vsd Air Compressor Products from Global Oil Free Vsd Air Compressor Suppliers ...

278

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources failed to find much realization in actual stocks data. The idea that stocks are still languishing at below-normal levels is particularly persuasive when one views current levels (for key consuming regions) relative to "normal" values which account for the long-term trend in OECD stocks. We believe that monthly average WTI prices will stay around $30 per barrel for the first part of 2001. This is a noticeable upward shift in our projected average prices from even a month ago. The shift reflects greater emphasis on the lack of stock builds and less emphasis on the assumption that supply from OPEC and non-OPEC suppliers may be exceeding demand by 1-2

279

Oil-Well Fire Fighting  

Science Conference Proceedings (OSTI)

... Oil Well Fire Fighting. NIST fire Research NIST Fire Research 2 Oil Well Fire Fighting RoboCrane Model Oil Well Fire Fighting Working Model.

2011-08-25T23:59:59.000Z

280

AN ENGINE OIL LIFE ALGORITHM.  

E-Print Network (OSTI)

??An oil-life algorithm to calculate the remaining percentage of oil life is presented as a means to determine the right time to change the oil… (more)

Bommareddi, Anveshan

2009-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


281

Fuel Oil Use in Manufacturing  

Gasoline and Diesel Fuel Update (EIA)

and residual fuel oils. Distillate fuel oil, the lighter product, is also used for heating of homes and commercial buildings. Residual oil is a much denser, heavier product...

282

Apparatus for distilling shale oil from oil shale  

Science Conference Proceedings (OSTI)

An apparatus for distilling shale oil from oil shale comprises: a vertical type distilling furnace which is divided by two vertical partitions each provided with a plurality of vent apertures into an oil shale treating chamber and two gas chambers, said oil shale treating chamber being located between said two gas chambers in said vertical type distilling furnace, said vertical type distilling furnace being further divided by at least one horizontal partition into an oil shale distilling chamber in the lower part thereof and at least one oil shale preheating chamber in the upper part thereof, said oil shale distilling chamber and said oil shale preheating chamber communication with each other through a gap provided at an end of said horizontal partition, an oil shale supplied continuously from an oil shale supply port provided in said oil shale treating chamber at the top thereof into said oil shale treating chamber continuously moving from the oil shale preheating chamber to the oil shale distilling chamber, a high-temperature gas blown into an oil shale distilling chamber passing horizontally through said oil shale in said oil shale treating chamber, thereby said oil shale is preheated in said oil shale preheating chamber, and a gaseous shale oil is distilled from said preheated oil shale in said oil shale distilling chamber; and a separator for separating by liquefaction a gaseous shale oil from a gas containing the gaseous shale oil discharged from the oil shale preheating chamber.

Shishido, T.; Sato, Y.

1984-02-14T23:59:59.000Z

283

www.eia.gov  

U.S. Energy Information Administration (EIA)

Quarter,Call on OPEC (World oil demand - non-opec supply - opec ngls) 1Q 2010,28.81365001 2Q 2010,29.30122054 3Q 2010,30.50944263 4Q 2010,29.94627992 1Q 2011,30 ...

284

Oil and Gas Supply Module  

Annual Energy Outlook 2012 (EIA)

Onshore Lower 48 Oil and Gas Supply Submodule, Offshore Oil and Gas Supply Submodule, Oil Shale Supply Submodule, and Alaska Oil and Gas Supply Submodule. A detailed description of...

285

Industrial Uses of Vegetable Oils  

Science Conference Proceedings (OSTI)

Industrial Uses of Vegetable Oils offers new insights into these important (and growing) products of vegetable oils, while also covering developments in biodegradable grease, vegetable oils-based polyols, and the synthesis of surfactants from vegetable oil

286

The Legacy of Oil Spills  

E-Print Network (OSTI)

When a 1979 exploratory oil well blew out and leaked oil foraddicted to oil directly causes spills as well as globalmagnitudes of past oil spills. They are well aware of the

Trevors, J. T.; Saier, M. H.

2010-01-01T23:59:59.000Z

287

Oil and Plants  

NLE Websites -- All DOE Office Websites (Extended Search)

Oil and Plants Name: Matt Location: NA Country: NA Date: NA Question: If you could please tell me exactly what motor oil (unused) does to plants, and the effects. Does it...

288

China's Global Oil Strategy  

E-Print Network (OSTI)

21, 2008. Ying, Wang. “ China, Venezuela firms to co-developApril 21, “China and Venezuela sign oil agreements. ” Chinaaccessed April 21, “Venezuela and China sign oil deal. ” BBC

Thomas, Bryan G

2009-01-01T23:59:59.000Z

289

Palm oil pundit speaks  

Science Conference Proceedings (OSTI)

Dorab E. Mistry, director of Godrej International Ltd. in Mumbai, India, spoke about palm oil on March 15, 2010, during the 2010 Annual Convention of the National Institute of Oilseed Products in Palm Springs, California, USA. Palm oil pundit speaks ...

290

Oil and Gas Exploration  

E-Print Network (OSTI)

Metals Industrial Minerals Oil and Gas Geothermal Exploration Development Mining Processing Nevada, oil and gas, and geothermal activities and accomplishments in Nevada: production statistics, exploration and development including drilling for petroleum and geothermal resources, discoveries of ore

Tingley, Joseph V.

291

Understanding Crude Oil Prices  

E-Print Network (OSTI)

well below unity accounts for the broad trends we see in the share of oil purchases in totalWells. ” Middle panel: percent of U.S. total crude oil

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

292

Oil Peak or Panic?  

SciTech Connect

In this balanced consideration of the peak-oil controversy, Gorelick comes down on the side of the optimists.

Greene, David L [ORNL

2010-01-01T23:59:59.000Z

293

SRC Residual fuel oils  

DOE Patents (OSTI)

Coal solids (SRC) and distillate oils are combined to afford single-phase blends of residual oils which have utility as fuel oils substitutes. The components are combined on the basis of their respective polarities, that is, on the basis of their heteroatom content, to assure complete solubilization of SRC. The resulting composition is a fuel oil blend which retains its stability and homogeneity over the long term.

Tewari, Krishna C. (Whitehall, PA); Foster, Edward P. (Macungie, PA)

1985-01-01T23:59:59.000Z

294

Conventional Gasoline Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

295

Other Oxygenates Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

296

MTBE (Oxygenate) Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

... Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Totals may not equal sum of components due to independent rounding.

297

U.S. Imports from Non OPEC  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

298

U.S. Imports from OPEC  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: *Countries listed under ...

299

What to Watch: Iraq, OPEC and  

U.S. Energy Information Administration (EIA)

When keeping an eye on petroleum prices, we watch inventories closely. Recall that inventories measure the balance between supply and demand, and thus signal pressure ...

300

Gourmet and Health-Promoting Specialty OilsChapter 11 Camellia Oil and Tea Oil  

Science Conference Proceedings (OSTI)

Gourmet and Health-Promoting Specialty Oils Chapter 11 Camellia Oil and Tea Oil Health Nutrition Biochemistry eChapters Health - Nutrition - Biochemistry Press Downloadable pdf of Chapter 11 Camellia Oil and T

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


301

Using Oils As Pesticides  

E-Print Network (OSTI)

Petroleum and plant-derived spray oils show increasing potential for use as part of Integrated Pest Management systems for control of soft-bodied pests on fruit trees, shade trees, woody ornamentals and household plants. Sources of oils, preparing oils for use, application and precautions are discussed.

Bogran, Carlos E.; Ludwig, Scott; Metz, Bradley

2006-10-30T23:59:59.000Z

302

Biochemical upgrading of oils  

DOE Patents (OSTI)

A process for biochemical conversion of heavy crude oils is provided. The process includes contacting heavy crude oils with adapted biocatalysts. The resulting upgraded oil shows, a relative increase in saturated hydrocarbons, emulsions and oxygenates and a decrease in compounds containing in organic sulfur, organic nitrogen and trace metals. Adapted microorganisms which have been modified under challenged growth processes are also disclosed.

Premuzic, Eugene T. (East Moriches, NY); Lin, Mow S. (Rocky Point, NY)

1999-01-12T23:59:59.000Z

303

Biochemical upgrading of oils  

DOE Patents (OSTI)

A process for biochemical conversion of heavy crude oils is provided. The process includes contacting heavy crude oils with adapted biocatalysts. The resulting upgraded oil shows, a relative increase in saturated hydrocarbons, emulsions and oxygenates and a decrease in compounds containing organic sulfur, organic nitrogen and trace metals. Adapted microorganisms which have been modified under challenged growth processes are also disclosed. 121 figs.

Premuzic, E.T.; Lin, M.S.

1999-01-12T23:59:59.000Z

304

Understanding Crude Oil Prices  

E-Print Network (OSTI)

to a “negative” storage cost for oil in the form of a bene?tin levels. oil for more than your costs, that is, if P t+1 QSaudi oil, and M S the Saudi’s marginal cost of production.

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

305

Exploiting heavy oil reserves  

E-Print Network (OSTI)

the behaviour of oil and gas prices and the fruits of future exploration. The rate of technological progress. How optimistic are you that the North Sea remains a viable source of oil and gas? A) Our new researchNorth Sea investment potential Exploiting heavy oil reserves Beneath the waves in 3D Aberdeen

Levi, Ran

306

Utah Heavy Oil Program  

Science Conference Proceedings (OSTI)

The Utah Heavy Oil Program (UHOP) was established in June 2006 to provide multidisciplinary research support to federal and state constituents for addressing the wide-ranging issues surrounding the creation of an industry for unconventional oil production in the United States. Additionally, UHOP was to serve as an on-going source of unbiased information to the nation surrounding technical, economic, legal and environmental aspects of developing heavy oil, oil sands, and oil shale resources. UHOP fulGilled its role by completing three tasks. First, in response to the Energy Policy Act of 2005 Section 369(p), UHOP published an update report to the 1987 technical and economic assessment of domestic heavy oil resources that was prepared by the Interstate Oil and Gas Compact Commission. The UHOP report, entitled 'A Technical, Economic, and Legal Assessment of North American Heavy Oil, Oil Sands, and Oil Shale Resources' was published in electronic and hard copy form in October 2007. Second, UHOP developed of a comprehensive, publicly accessible online repository of unconventional oil resources in North America based on the DSpace software platform. An interactive map was also developed as a source of geospatial information and as a means to interact with the repository from a geospatial setting. All documents uploaded to the repository are fully searchable by author, title, and keywords. Third, UHOP sponsored Give research projects related to unconventional fuels development. Two projects looked at issues associated with oil shale production, including oil shale pyrolysis kinetics, resource heterogeneity, and reservoir simulation. One project evaluated in situ production from Utah oil sands. Another project focused on water availability and produced water treatments. The last project considered commercial oil shale leasing from a policy, environmental, and economic perspective.

J. Bauman; S. Burian; M. Deo; E. Eddings; R. Gani; R. Goel; C.K. Huang; M. Hogue; R. Keiter; L. Li; J. Ruple; T. Ring; P. Rose; M. Skliar; P.J. Smith; J.P. Spinti; P. Tiwari; J. Wilkey; K. Uchitel

2009-10-20T23:59:59.000Z

307

Oil shale commercialization study  

SciTech Connect

Ninety four possible oil shale sections in southern Idaho were located and chemically analyzed. Sixty-two of these shales show good promise of possible oil and probable gas potential. Sixty of the potential oil and gas shales represent the Succor Creek Formation of Miocene age in southwestern Idaho. Two of the shales represent Cretaceous formations in eastern Idaho, which should be further investigated to determine their realistic value and areal extent. Samples of the older Mesozonic and paleozoic sections show promise but have not been chemically analyzed and will need greater attention to determine their potential. Geothermal resources are of high potential in Idaho and are important to oil shale prospects. Geothermal conditions raise the geothermal gradient and act as maturing agents to oil shale. They also might be used in the retorting and refining processes. Oil shales at the surface, which appear to have good oil or gas potential should have much higher potential at depth where the geothermal gradient is high. Samples from deep petroleum exploration wells indicate that the succor Creek shales have undergone considerable maturation with depth of burial and should produce gas and possibly oil. Most of Idaho's shales that have been analyzed have a greater potential for gas than for oil but some oil potential is indicated. The Miocene shales of the Succor Creek Formation should be considered as gas and possibly oil source material for the future when technology has been perfectes. 11 refs.

Warner, M.M.

1981-09-01T23:59:59.000Z

308

Industrial Oil Products Newsletter April 2013  

Science Conference Proceedings (OSTI)

Read the Industrial Oil Products Newsletter April 2013. Industrial Oil Products Newsletter April 2013 Industrial Oil Products Newsletter April 2013 ...

309

Crude Oil Analysis Database  

DOE Data Explorer (OSTI)

The composition and physical properties of crude oil vary widely from one reservoir to another within an oil field, as well as from one field or region to another. Although all oils consist of hydrocarbons and their derivatives, the proportions of various types of compounds differ greatly. This makes some oils more suitable than others for specific refining processes and uses. To take advantage of this diversity, one needs access to information in a large database of crude oil analyses. The Crude Oil Analysis Database (COADB) currently satisfies this need by offering 9,056 crude oil analyses. Of these, 8,500 are United States domestic oils. The database contains results of analysis of the general properties and chemical composition, as well as the field, formation, and geographic location of the crude oil sample. [Taken from the Introduction to COAMDATA_DESC.pdf, part of the zipped software and database file at http://www.netl.doe.gov/technologies/oil-gas/Software/database.html] Save the zipped file to your PC. When opened, it will contain PDF documents and a large Excel spreadsheet. It will also contain the database in Microsoft Access 2002.

Shay, Johanna Y.

310

Crude Oil Watch - Energy Information Administration  

U.S. Energy Information Administration (EIA)

Crude Oil Watch April 19, 2000 Energy Information Administration Office of Oil & Gas A large stockbuild in crude oil inventories contributed to blunt crude oil inputs ...

311

Shale oil: process choices  

SciTech Connect

The four broad categories of shale-oil processing are discussed. All of these processes share the basic function of retorting oil-shale rock at high temperature so that the kerogen material in the rocks is thermally decomposed to shale oil and gaseous products. The technologies and the organizations working on their development are: solids-to-solids heating, The Oil Shale Co. (TOSCO) and Lurgi-Rhur; gas-to-solids heating with internal gas combustion, U. S. Bureau of Mines, Development Engineering Inc. and Union Oil of California; gas-to-solid heating with external heat generation, Development Engineering, Union Oil, Petrobas, and Institute of Gas Technology; and in-situ retorting, Occidental Petroleum Corp. The TOSCO II process is considered proven and on the verge of commercialization. (BLM)

1974-05-13T23:59:59.000Z

312

Process of treating oil shale  

SciTech Connect

A process of destructively distilling oil shale is described consisting in subjecting the oil shale containing aluminum to the action of heat and pressure to destructively distill it and separate the light oil constituents. Chlorine gas is simultaneously passed through the hot oil shale countercurrent to the direction of movement of the oil shale.

Egloff, G.

1927-05-03T23:59:59.000Z

313

2 World Oil Market  

E-Print Network (OSTI)

www.eia.gov Crude oil prices react to a variety of geopolitical and economic events price per barrel (real 2010 dollars, quarterly average) 140 120 imported refiner acquisition cost of crude oil WTI crude oil price Global financial collapse 100 80 60 U.S. spare capacity exhausted Iran-Iraq War Saudis abandon swing producer role Asian financial crisis 9-11 attacks Low spare capacity

Adam Sieminski Administrator; Adam Sieminski; Adam Sieminski

2012-01-01T23:59:59.000Z

314

Improved oil refinery operations and cheaper crude oil to help...  

Annual Energy Outlook 2012 (EIA)

Improved oil refinery operations and cheaper crude oil to help reduce gasoline prices U.S. gasoline prices are expected to fall as more oil refineries come back on line and crude...

315

Crude Oil Exports  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: Crude oil exports are ...

316

Understanding Crude Oil Prices  

E-Print Network (OSTI)

disruptions, and the peak in U.S. oil production account foroil increased 81.1% (logarithmically) between January 1979 and the peak

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

317

Oil from rock  

SciTech Connect

The article discusses first the Green River Formation oil shale projects in the western United States from which conservative estimates have suggested an output of 400,000 to 600,000 bbl/day of crude shale oil by 1990. The western reserves recoverable with present technology are said to exceed 600 billion (10/sup 9/) bbl. Three major considerations could limit the large-scale development of shale oil: availability of water, environmental factors, and socio-economic considerations. Water is used to obtain and process the crude shale oil, and additional water is needed to cool the spent shale and to establish new vegetation on top of it. Nitrogenous compounds and arsenic in crude shale oil are among potential pollutants. Spent shale contains salts that are potentially leachable, as well as organic pyrolytic products. Retorting oil shales may release more CO/sub 2/ through decomposition of carbonate minerals that will subsequently be generated by burning the oil produced. Topographic effects of oil shale mining may raise socio-economic problems. Next the article discusses the conversion of coal to liquid by pyrolysis or hydrogenation, including the Gulf solvent refined coal (SRC) and the Exxon (EDS) liquefaction processes. Also described in the South African SASOL process for producing synthetic fuel from coal. A parallel account is included on the estimated complete cycle of United States and of worldwide crude oil production, forecasting depletion within less than a century. 11 refs.

Walters, S.

1982-02-01T23:59:59.000Z

318

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

319

Oil and Gas (Indiana)  

Energy.gov (U.S. Department of Energy (DOE))

This division of the Indiana Department of Natural Resources provides information on the regulation of oil and gas exploration, wells and well spacings, drilling, plugging and abandonment, and...

320

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 2000 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


321

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

322

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Information AdministrationPetroleum Marketing Annual 2001 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

323

Residual Fuel Oil Exports  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: Crude oil exports are ...

324

Oil spill response resources  

E-Print Network (OSTI)

Pollution has become one of the main problems being faced by humanity. Preventing pollution from occurring might be the best idea but is not possible in this fast developing world. So the next best thing to do would be to respond to the pollution source in an effective manner. Oil spills are fast becoming pollution sources that are causing the maximum damage to the environment. This is owing to the compounds that are released and the way oil spreads in both water and land. Preventing the oil spill would be the best option. But once the oil has been spilled, the next best thing to do is to respond to the spill effectively. As a result, time becomes an important factor while responding to an oil spill. Appropriate response to contain and cleanup the spill is required to minimize its potential damage to the ecosystem. Since time and money play a very important role in spill response, it would be a great idea if decisions can be made in such a way that a quick response can be planned. The first part of this study deals with the formation of an 'Oil Spill Resources Handbook', which has information on all the important Oil Spill Contractors. The second and the main part of the study, deals with creating a database in Microsoft Access of the Oil Spill Contractors. The third portion of the study deals with planning an oil spill response using a systems approach.

Muthukrishnan, Shankar

1996-01-01T23:59:59.000Z

325

China's Global Oil Strategy  

E-Print Network (OSTI)

Industry analysts and academics agree that China’s domestic oil supply will peak, and demand Robert Ebel, China’s Energy

Thomas, Bryan G

2009-01-01T23:59:59.000Z

326

Crude Oil Price Forecast  

U.S. Energy Information Administration (EIA)

We believe crude oil prices will strengthen somewhat, but prices will rise much more slowly than they fell, and they are expected to remain lower in ...

327

Oil And The Macroeconomy.  

E-Print Network (OSTI)

?? This paper examines the oil price-macro economy relationship by means of analyzing the impact ofoil price on Industrial production, real effective exchange rate, long… (more)

Al-Ameri, Leyth

2012-01-01T23:59:59.000Z

328

California Crude Oil Prices  

U.S. Energy Information Administration (EIA)

... of different quality crudes vary over time based on the value the market places on such quality attributes. A heavy crude oil has more heavy, ...

329

Determination of Aluminum Rolling Oil and Machinery Oil Residues ...  

Science Conference Proceedings (OSTI)

Presentation Title, Determination of Aluminum Rolling Oil and Machinery Oil Residues on Aluminum Sheet and Foil by Using Elemental Analysis and Fourier  ...

330

Relaxation studies on oil, pressboard and oil impregnated pressboard.  

E-Print Network (OSTI)

??In this thesis, a laboratory relaxation study with FDS and RVM was carried out for a period of 3 years with the fabricated oil (OIL),… (more)

Cao, Hongyan.

2008-01-01T23:59:59.000Z

331

Why solar oil shale retorting produces more oil  

DOE Green Energy (OSTI)

A solar oil shale retorting process may produce higher oil yield than conventional processing. High oil yield is obtained for three reasons: oil carbonization inside of the shale is reduced, oil cracking outside of the shale is reduced, and oil oxidation is essentially eliminated. Unique capabilities of focused solar energy produce these advantages. An increase in yield will reduce the cost of mining and shale transportation per barrel of oil produced. These cost reductions may justify the increased processing costs that will probably be associated with solar oil shale retorting.

Aiman, W.R.

1981-05-20T23:59:59.000Z

332

NETL: Oil & Natural Gas Projects: Shale Oil Upgrading Utilizing...  

NLE Websites -- All DOE Office Websites (Extended Search)

Companies providing oil samples of at least five (5) gallons include Chevron, Oil Shale Exploration Company (OSEC), and Red Leaf Resources, Inc. Background Work performed...

333

NETL: Oil and Natural Gas: Enhanced Oil Recovery  

NLE Websites -- All DOE Office Websites (Extended Search)

that have unconventional characteristics (e.g., oil in fractured shales, kerogen in oil shale, bitumen in tar sands) constitute an enormous potential domestic supply of energy....

334

Consumer Winter Heating Oil Costs  

Gasoline and Diesel Fuel Update (EIA)

7 of 18 Notes: Using the Northeast as an appropriate regional focus for heating oil, the typical oil-heated household consumes about 680 gallons of oil during the winter, assuming...

335

Distillate and Crude Oil Price  

Gasoline and Diesel Fuel Update (EIA)

fuel and residential heating oil prices on the East Coast is being driven by higher crude oil prices than last year and higher spreads. Crude oil is projected to average almost...

336

NETL: Oil & Natural Gas Events  

NLE Websites -- All DOE Office Websites (Extended Search)

Home > Technologies > Oil and Natural Gas Supply > Events Oil and Natural Gas Supply Events The following is a listing of events of interest to the oil and natural gas community....

337

The Legacy of Oil Spills  

E-Print Network (OSTI)

010-0527-5 The Legacy of Oil Spills J. T. Trevors & M. H.workers were killed, and oil has been gushing out everday. It is now June, and oil continues to spew forth into

Trevors, J. T.; Saier, M. H.

2010-01-01T23:59:59.000Z

338

Handbook of Australasian Edible Oils  

Science Conference Proceedings (OSTI)

This book highlights various aspects of Australasian edible oils. Handbook of Australasian Edible Oils Food Science Health Nutrition Biochemistry Food Science & Technology Health - Nutrition - Biochemistry Soft Bound Books Oils and Fats Specialist

339

EIA - International Energy Outlook 2007 - Petroleum and Other...  

Annual Energy Outlook 2012 (EIA)

In 2004, OPEC produced 41 percent of the world's liquids supply. High oil prices, new exploration and production technologies, aggressive cost-reduction programs by industry,...

340

Iran - Analysis - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Exploration and production. Iran's crude oil production fell dramatically in 2012, and, although it remained the second-largest OPEC producer on average during the ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


341

U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

EIA estimates that Organization of the Petroleum Exporting Countries (OPEC), not including Iran, earned about $982 billion in net oil export revenues in 2012, a 5 ...

342

Egypt - Analysis - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Egypt is the largest oil producer in Africa that is not a member of the Organization of the Petroleum Exporting Countries (OPEC), and the second largest natural gas ...

343

Highly Efficient eDiscovery Using Adaptive Search Criteria ...  

Science Conference Proceedings (OSTI)

... example of 'buy the rumor, sell the fact' was seen Friday when Crude Oil futures sold off on confirmation of OPEC production cuts.”… ….HOLIDAY ...

2011-02-23T23:59:59.000Z

344

National Petroleum Council | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

points: Fundamentally tight market conditions have caused dramatic increases in the price of oil; a slowing of energy demand in OECD countries has prompted OPEC to call for...

345

Projects Gallery  

Science Conference Proceedings (OSTI)

... the two World Wars and the OPEC oil supply disruptions. ... about the cooling in the years 1940-1970. ... so the data seem to demand a monotonically ...

2009-09-28T23:59:59.000Z

346

Microsoft Word - Highlightsfinal.doc  

Gasoline and Diesel Fuel Update (EIA)

Arabia, Angola, Kuwait, and the United Arab Emirates. The pace of consumption growth, inventory trends, and oil prices will influence OPEC members' production strategy for the...

347

Conclusions - Energy Information Administration  

U.S. Energy Information Administration (EIA)

Low U.S. Crude Oil Inventory Levels. Low OECD Days Supply Increased Risk for Volatility. OPEC? Production Levels? Price Band? Cohesion? Previous slide:

348

Romania - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

OPEC Revenues Fact Sheet; World Oil Transit Chokepoints; ... A moratorium on shale gas exploration had been in place, but expired in December 2012 without being renewed.

349

Symbolism in California’s Early Market for Hybrid Electric Vehicles  

E-Print Network (OSTI)

drilling in the Arctic National Wildlife Refuge (ANWR).opposed any exploration in ANWR because of the environmentalnoting that oil from ANWR would reduce US dependence on OPEC

Heffner, Reid R.; Kurani, Kenneth S; Turrentine, Tom

2008-01-01T23:59:59.000Z

350

Hong Kong - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

South China Sea; Special Topics; Emerging East Africa Energy; OPEC Revenues Fact Sheet; World Oil Transit Chokepoints; Overview data for Hong Kong

351

Recognising Textual Entailment Focusing on Non-Entailing ...  

Science Conference Proceedings (OSTI)

... 48 Indonesia has revisited its OPEC membership, but decided to stay on to maintain high-level relations with big- time oil powers like Saudi Arabia. ...

2009-02-27T23:59:59.000Z

352

Bayesian Inference with Node Aggregation for Information ...  

Science Conference Proceedings (OSTI)

... Policies of the US Government 85 Official Corruption in any government 88 Crude Oil Price Trends 89 Downstream investing by OPEC members 90 ...

1998-09-04T23:59:59.000Z

353

Highlights - Energy Information Administration  

U.S. Energy Information Administration (EIA)

forecasting increasing oil prices for the remainder of 1999 and remaining at relatively high levels throughout 2000. Of course, if OPEC production in 2000 exceeds this

354

India - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

What is shale gas and why is it important? ... OPEC Revenues Fact Sheet; World Oil Transit Chokepoints; ... India’s economic growth is driving its energy consumption

355

Peru - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

OPEC Revenues Fact Sheet; World Oil Transit Chokepoints; ... economic growth, and the ... Shale gas has not been previously developed in Peru and Maple Energy is ...

356

Ukraine - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

OPEC Revenues Fact Sheet; World Oil Transit ... Recent discoveries of shale gas deposits in Ukraine provide the country with a possible ... (Btu per 2005 U.S ...

357

chapter 3 american social and economic developments - Springer  

Science Conference Proceedings (OSTI)

eliminate fraud and waste without cutting the meat and muscle out of our ..... AND ENCOURAGES FRAUD ...... investment in oil production outside OPEC.

358

Industrial Uses of Vegetable OilsChapter 3 Vegetable Oil-Based Engine Oils: Are They Practical?  

Science Conference Proceedings (OSTI)

Industrial Uses of Vegetable Oils Chapter 3 Vegetable Oil-Based Engine Oils: Are They Practical? Processing eChapters Processing Press Downloadable pdf of Chapter 3 Vegetable Oil-Based Engine Oils: Are They Practi

359

Oil price analysis  

Science Conference Proceedings (OSTI)

The transport has been in the whole history of mankind the basic and determining mover of the human society shape. It determined not only the position of towns, but also their inner design and it was also last but not least the basic element of the economic ... Keywords: GDP, deposit, fuels, history, market equilibrium, oil, oil reserves, price

Zdenek Riha; Viktorie Jirova; Marek Honcu

2011-12-01T23:59:59.000Z

360

Edible Oils Package  

Science Conference Proceedings (OSTI)

Contains four (4) titles regarding frying and edible oils. Edible Oils Package Food Science & Technology Health - Nutrition - Biochemistry Value Packages 1766A8D5F05863694E128DE1C47D07C3 This Value Package includes: ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


361

Menhaden Fish Oil  

Science Conference Proceedings (OSTI)

Physical Characteristics of Oils, Fats, and Waxes Menhaden Oil Specific Gravity (SG) 15.5/15.5°C. . . . . . . . . . . . . . .0.912– 0.930 25/25°C Other SG Refractive Index (RI) 25°C 40°C Other RI. . . . . . . . . . . . . . . (65) 1

362

Refining of shale oil  

DOE Green Energy (OSTI)

The refining of shale oil is reviewed to assess the current state-of-the-art, especially as to the avaiability of technology suitable for operation on a commercial scale. Oil shale retorting processes as they affect the quality of the crude shale oil for refining, exploratory research on the character and refining of shale oil, and other published refining background leading to the present status are discussed. The initial refining of shale oil requires the removal of a large concentration of nitrogen, an added step not required for typical petroleum crude oils, and recently published estimates show that the total cost of refining will be high. Specific technoloy is reported by industry to be technically proven and available for commercial-scale refining. Although the refining will be more costly than that of petroleum, the viability of a shale oil industry will also be affected greatly by the technology and costs of producing the crude shale oil, environmental costs, and future price and tax treatment, and these are outside the scope of this study of refining.

Lanning, W.C.

1978-05-01T23:59:59.000Z

363

Peak oil: diverging discursive pipelines.  

E-Print Network (OSTI)

??Peak oil is the claimed moment in time when global oil production reaches its maximum rate and henceforth forever declines. It is highly controversial as… (more)

Doctor, Jeff

2012-01-01T23:59:59.000Z

364

Oil and Natural Gas - Search  

NLE Websites -- All DOE Office Websites (Extended Search)

Search Search NETL Oil and Natural Gas Document Information Oil & Natural Gas Document Repository Results will be shown in two categories. "Document Database Results" provides...

365

Balancing oil and environment... responsibly.  

Science Conference Proceedings (OSTI)

Balancing Oil and Environment…Responsibly As the price of oil continues to skyrocket and global oil production nears the brink, pursuing unconventional oil supplies, such as oil shale, oil sands, heavy oils, and oils from biomass and coal has become increasingly attractive. Of particular significance to the American way is that our continent has significant quantities of these resources. Tapping into these new resources, however, requires cutting-edge technologies for identification, production, processing and environmental management. This job needs a super hero or two for a job of this size and proportion…

Weimer, Walter C.; Teske, Lisa

2007-01-25T23:59:59.000Z

366

oil | OpenEI  

Open Energy Info (EERE)

oil oil Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 134, and contains only the reference case. The data is broken down into Crude oil, dry natural gas. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA end-of-year reserves gas oil Data application/vnd.ms-excel icon AEO2011: Oil and Gas End-of-Year Reserves and Annual Reserve Additions- Reference Case (xls, 58.4 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035 License License Open Data Commons Public Domain Dedication and Licence (PDDL) Comment Rate this dataset

367

Heavy crude oil recovery  

SciTech Connect

The oil crisis of the past decade has focused most of the attention and effort of researchers on crude oil resources, which are accepted as unrecoverable using known technology. World reserves are estimated to be 600-1000 billion metric tons, and with present technology 160 billion tons of this total can be recovered. This book is devoted to the discussion of Enhanced Oil Recovery (EOR) techniques, their mechanism and applicability to heavy oil reservoirs. The book also discusses some field results. The use of numerical simulators has become important, in addition to laboratory research, in analysing the applicability of oil recovery processes, and for this reason the last section of the book is devoted to simulators used in EOR research.

Okandan, E.

1984-01-01T23:59:59.000Z

368

Corrosivity Of Pyrolysis Oils  

SciTech Connect

Pyrolysis oils from several sources have been analyzed and used in corrosion studies which have consisted of exposing corrosion coupons and stress corrosion cracking U-bend samples. The chemical analyses have identified the carboxylic acid compounds as well as the other organic components which are primarily aromatic hydrocarbons. The corrosion studies have shown that raw pyrolysis oil is very corrosive to carbon steel and other alloys with relatively low chromium content. Stress corrosion cracking samples of carbon steel and several low alloy steels developed through-wall cracks after a few hundred hours of exposure at 50 C. Thermochemical processing of biomass can produce solid, liquid and/or gaseous products depending on the temperature and exposure time used for processing. The liquid product, known as pyrolysis oil or bio-oil, as produced contains a significant amount of oxygen, primarily as components of water, carboxylic acids, phenols, ketones and aldehydes. As a result of these constituents, these oils are generally quite acidic with a Total Acid Number (TAN) that can be around 100. Because of this acidity, bio-oil is reported to be corrosive to many common structural materials. Despite this corrosive nature, these oils have the potential to replace some imported petroleum. If the more acidic components can be removed from this bio-oil, it is expected that the oil could be blended with crude oil and then processed in existing petroleum refineries. The refinery products could be transported using customary routes - pipelines, barges, tanker trucks and rail cars - without a need for modification of existing hardware or construction of new infrastructure components - a feature not shared by ethanol.

Keiser, James R [ORNL; Bestor, Michael A [ORNL; Lewis Sr, Samuel Arthur [ORNL; Storey, John Morse [ORNL

2011-01-01T23:59:59.000Z

369

Fuel Oil Prepared by Blending Heavy Oil and Coal Tar  

Science Conference Proceedings (OSTI)

The effect of temperature, harmonic ration, surfactant and shearing to fuel oil prepared by blending heavy oil and coal tar were detailedly studied. The results show that the viscosity of the blended oil increases gradually with the increase of harmonic ... Keywords: coal tar, heavy oil, blending, surfactant

Guojie Zhang; Xiaojie Guo; Bo Tian; Yaling Sun; Yongfa Zhang

2009-10-01T23:59:59.000Z

370

An informal description of Standard OIL and Instance OIL  

E-Print Network (OSTI)

An informal description of Standard OIL and Instance OIL 28 November 2000 Sean Bechhofer (1) Jeen to be specified in some language. This paper introduces the newest version of OIL ­ the ontology inference layer of the DAML language, with working name DAML-OIL, was proposed in a message to the rdf-logic mailing list

Ohlbach, Hans Jürgen

371

Table 5.2 Crude Oil Production and Crude Oil Well ...  

U.S. Energy Information Administration (EIA)

Table 5.2 Crude Oil Production and Crude Oil Well Productivity, 1954-2011: Year: Crude Oil Production: Crude Oil Well 1 Productivity: 48 States 2: ...

372

South Dakota Residual Fuel Oil Adj Sales/Deliveries to Oil Company ...  

U.S. Energy Information Administration (EIA)

Referring Pages: Adjusted Sales of Residual Fuel Oil for Oil Company Use ; Adjusted Sales of Residual Fuel Oil for Oil Company Use ; South Dakota Adjusted Distillate ...

373

EXECUTIVE SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 CHAPTER 1: WORLD OIL TRENDS  

E-Print Network (OSTI)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 CHAPTER 1: WORLD OIL TRENDS Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Onshore Oil Production . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Offshore Oil Production

374

Oil shale data book  

SciTech Connect

The Oil Shale Data Book has been prepared as a part of its work under DOE Management Support and Systems Engineering for the Naval Oil Shale Reserves Predevelopment Plan. The contract calls for the preparation of a Master Development Plan for the Reserves which comprise some 145,000 acres of oil shale lands in Colorado and Utah. The task of defining the development potential of the Reserves required that the resources of the Reserves be well defined, and the shale oil recovery technologies that are potentially compatible with this resource be cataloged. Additionally, processes associated with shale oil recovery like mining, materials handling, beneficiation, upgrading and spent shale disposal have also been cataloged. This book, therefore, provides a ready reference for evaluation of appropriate recovery technologies and associated processes, and should prove to be valuable for many oil shale activities. Technologies that are still in the process of development, like retorting, have been treated in greater detail than those that are commercially mature. Examples of the latter are ore crushing, certain gas clean-up systems, and pipeline transportation. Emphasis has been on documenting available design information such as, maximum module size, operation conditions, yields, utility requirements, outlet gas compositions, shale oil characteristics, etc. Cost information has also been included where available.

1979-06-01T23:59:59.000Z

375

OpenEI - oil  

Open Energy Info (EERE)

/0 en AEO2011: Oil and Gas /0 en AEO2011: Oil and Gas End-of-Year Reserves and Annual Reserve Additions http://en.openei.org/datasets/node/805 This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 134, and contains only the reference case. The data is broken down into Crude oil, dry natural gas. 

License
Type of License: 

376

Tenth oil recovery conference  

SciTech Connect

The Tertiary Oil Recovery Project is sponsored by the State of Kansas to introduce Kansas producers to the economic potential of enhanced recovery methods for Kansas fields. Specific objectives include estimation of the state-wide tertiary oil resource, identification and evaluation of the most applicable processes, dissemination of technical information to producers, occasional collaboration on recovery projects, laboratory studies on Kansas applicable processes, and training of students and operators in tertiary oil recovery methods. Papers have been processed separately for inclusion on the data base.

Sleeper, R. (ed.)

1993-01-01T23:59:59.000Z

377

Oil Speculation by Jussi Keppo  

E-Print Network (OSTI)

Oil Speculation by Jussi Keppo July 8, 2008 The increase in the oil spot price seems to be mainly, the surplus oil capacity decreased from 5 million barrels a day to 2 million barrels a day. There seems, i.e., they are long in these markets. Here I focus on oil and I have simple points

Keppo, Jussi

378

Market assessment for shale oil  

DOE Green Energy (OSTI)

This study identified several key issues on the cost, timeliness, and ease with which shale oil can be introduced into the United States' refining system. The capacity of the existing refining industry to process raw shale oil is limited by the availability of surplus hydrogen for severe hydrotreating. The existing crude oil pipeline system will encounter difficulties in handling raw shale oil's high viscosity, pour point, and contaminant levels. The cost of processing raw shale oil as an alternate to petroleum crude oil is extremely variable and primarily dependent upon the percentage of shale oil run in the refinery, as well as the availability of excess hydrogen. A large fraction of any shale oil which is produced will be refined by the major oil companies who participate in the shale oil projects and who do not anticipate problems in processing the shale oil in their refineries. Shale oil produced for sale to independent refiners will initially be sold as boiler fuel. A federal shale oil storage program might be feasible to supplement the Strategic Petroleum Reserve. Based on refinery configurations, hydrogen supply, transportation systems, and crude availability, eleven refineries in Petroleum Administration for Defense Districts (PADDs) 2A and 2B have been identified as potential processors of shale oil. Based on refining technology and projected product demands to the year 2000, shale oil will be best suited to the production of diesel fuel and jet fuel. Tests of raw shale oil in boilers are needed to demonstrate nitrogen oxide emissions control.

Not Available

1979-10-01T23:59:59.000Z

379

HS_Oil_Studyguide.indd  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Oil Oil Fossil Energy Study Guide: Oil Pet roleum-or cr ude oil-is a fossil fuel that is found in large quantities beneath the Earth's sur face and is often used as a fuel or raw material in the chemical indust r y. It is a smelly, yellow-to-black liquid and is usually found in underg round areas called reser voirs. If you could look down an oil well and see oil where Nature created it, you might be surprised. You wouldn't see a big underground lake, as a lot of people think. Oil doesn't exist in deep, black pools. In fact, an underground oil formation-an "oil reservoir"-looks very much like any other rock formation. Oil exists in this underground formation as tiny droplets trapped inside the open spaces, called "pores," inside rocks. Th

380

MS_Oil_Studyguide.indd  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

LOOKING DOWN AN OIL WELL LOOKING DOWN AN OIL WELL Ever wonder what oil looks like underground, down deep, hundreds or thousands of feet below the surface, buried under millions of tons of rock and dirt? If you could look down an oil well and see oil where nature created it, you might be surprised. You wouldn't see a big underground lake, as a lot of people think. Oil doesn't exist in deep, black pools. In fact, an underground oil formation-called an "oil reservoir" -looks very much like any other rock formation. It looks a lot like...well, rock. Oil exists underground as tiny droplets trapped inside the open spaces, called "pores," inside rocks. Th e "pores" and the oil droplets can be seen only through a microscope. Th e droplets cling to the rock, like drops of water cling

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


381

Oil and Gas Supply Module  

U.S. Energy Information Administration (EIA) Indexed Site

Oil and Gas Supply Module Oil and Gas Supply Module This page inTenTionally lefT blank 119 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2013 Oil and Gas Supply Module The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze crude oil and natural gas exploration and development on a regional basis (Figure 8). The OGSM is organized into 4 submodules: Onshore Lower 48 Oil and Gas Supply Submodule, Offshore Oil and Gas Supply Submodule, Oil Shale Supply Submodule[1], and Alaska Oil and Gas Supply Submodule. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2011), (Washington, DC, 2011). The OGSM provides

382

Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

This chart highlights residential heating oil prices for the current and This chart highlights residential heating oil prices for the current and past heating season. As you can see, prices have started the heating season, about 40 to 50 cents per gallon higher than last year at this time. The data presented are from EIA's State Heating Oil and Propane Program. We normally collect and publish this data twice a month, but given the low stocks and high prices, we started tracking the prices weekly. These data will also be used to determine the price trigger mechanism for the Northeast Heating Oil Reserve. The data are published at a State and regional level on our web site. The slide is to give you some perspective of what is happening in these markets, since you probably will get a number of calls from local residents about their heating fuels bills

383

3. Crude Oil Statistics  

U.S. Energy Information Administration (EIA)

a key area for discoveries, had no significant impact on the National total in 2002. Operators replaced 112 ... 51 4,444 73 12 27 67 61 107 15 13 Crude Oil Proved ...

384

Oil Price Volatility  

U.S. Energy Information Administration (EIA) Indexed Site

Speculation and Oil Price Volatility Speculation and Oil Price Volatility Robert J. Weiner Robert J. Weiner Professor of International Business, Public Policy & Professor of International Business, Public Policy & Public Administration, and International Affairs Public Administration, and International Affairs George Washington University; George Washington University; Membre Associ Membre Associ é é , GREEN, Universit , GREEN, Universit é é Laval Laval EIA Annual Conference Washington Washington 7 April 2009 7 April 2009 1 FACTORS DRIVNG OIL PRICE VOLATILITY FACTORS DRIVNG OIL PRICE VOLATILITY ► ► Market fundamentals Market fundamentals . . Fluctuations in supply, Fluctuations in supply, demand, and market power demand, and market power Some fundamentals related to expectations of Some fundamentals related to expectations of

385

Winter Crude Oil and  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: While the relatively low stock forecast (although not as low as last winter) adds some extra pressure to prices, the price of crude oil could be the major factor affecting heating oil prices this winter. The current EIA forecast shows residential prices averaging $1.29 this winter, assuming no volatility. The average retail price is about 7 cents less than last winter, but last winter included the price spike in November 2000, December 2000, and January 2001. Underlying crude oil prices are currently expected to be at or below those seen last winter. WTI averaged over $30 per barrel last winter, and is currently forecast to average about $27.50 per barrel this winter. As those of you who watch the markets know, there is tremendous uncertainty in the amount of crude oil supply that will be available this winter. Less

386

Oil Market Assessment  

Gasoline and Diesel Fuel Update (EIA)

Logo Oil Market Assessment - September Logo Oil Market Assessment - September 12, 2001 EIA Home Page Based on Energy Information Administration (EIA) contacts and trade press reports, overall U.S. and global oil supplies appear to have been minimally impacted by yesterday's terrorist attacks on the World Trade Center and the Pentagon. Rumors of scattered closures of U.S. refineries, pipelines, and terminals were reported, and Louisiana Offshore Oil Port operations were partially suspended. While the NYMEX and New York Harbor were temporarily closed, operations are expected to resume soon. Most, if not all petroleum industry infrastructure is expected to resume normal operations today or in the very near term. Prices at all levels (where markets were open) posted increases yesterday, but many prices fell today, as initial reactions

387

Industrial Oil Products Division  

Science Conference Proceedings (OSTI)

A forum for professionals involved in research, development, engineering, marketing, and testing of industrial products and co-products from fats and oils, including fuels, lubricants, coatings, polymers, paints, inks, cosmetics, dielectric fluids, and ad

388

China's Global Oil Strategy  

E-Print Network (OSTI)

21, 2008. “China signs $2bn Iran oil deal. ” Al Jazeera (11of its partnerships: Sudan, Iran and Venezuela. An analysiss $400 million contract with Iran may omit information about

Thomas, Bryan G

2009-01-01T23:59:59.000Z

389

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

390

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

391

Crude Oil Price Cycles  

Gasoline and Diesel Fuel Update (EIA)

The heating oil and diesel fuel price runups in late January were made even more problematic by coming on top of the high side of the latest crude market cycle. Over the past 10...

392

Oil & Natural Gas Technology  

NLE Websites -- All DOE Office Websites (Extended Search)

Res., 104(B10), 22985-23003. Collett, T.S. (1992), Potential of gas hydrates outlined, Oil Gas J., 90(25), 84-87. 70 Cook, A.E., Goldberg, D., and R.L. Kleinberg (2008),...

393

Crude Oil Price Cycles  

U.S. Energy Information Administration (EIA)

The heating oil and diesel price runups in late January were made even more problematic by coming on top of the high side of the latest crude market cycle.

394

3. Crude Oil Statistics  

U.S. Energy Information Administration (EIA)

Coastal Region Onshore ... Los Angeles Basin Onshore. . . 330 0 31 24 31 26 3 0 0 16 319 ... the net loss of proved reserves of crude oil in 2003.

395

Total OECD Oil Stocks  

Gasoline and Diesel Fuel Update (EIA)

5 Notes: OECD oil inventory levels are not expected to rise sufficiently during the rest of the year to match the average levels seen prior to the wide swings since 1995. This...

396

Sound Oil Company  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Sound Oil Company Sound Oil Company file:///C|/Documents%20and%20Settings/blackard/Desktop/EIA/LEE0152.HTM[11/29/2012 2:30:44 PM] DECISION AND ORDER OF THE DEPARTMENT OF ENERGY Application for Exception Name of Petitioner: Sound Oil Company Date of Filing: August 16, 1994 Case Number: LEE-0152 On August 16, 1994, Sound Oil Company (Sound) of Seattle Washington, filed an Application for Exception with the Office of Hearings and Appeals of the Department of Energy. In its Application, Sound requests that it be relieved of the requirement that it file the Energy Information Administration's (EIA) form entitled "Resellers'/Retailers' Monthly Petroleum Product Sales Report" (Form EIA-782B). As explained below, we have determined that the Application for Exception should be denied.

397

Biocatalysis in Oil Refining  

SciTech Connect

Biocatalysis in Oil Refining focuses on petroleum refining bioprocesses, establishing a connection between science and technology. The micro organisms and biomolecules examined for biocatalytic purposes for oil refining processes are thoroughly detailed. Terminology used by biologists, chemists and engineers is brought into a common language, aiding the understanding of complex biological-chemical-engineering issues. Problems to be addressed by the future R&D activities and by new technologies are described and summarized in the last chapter.

Borole, Abhijeet P [ORNL; Ramirez-Corredores, M. M. [BP Global Fuels Technology

2007-01-01T23:59:59.000Z

398

Oil in Tennessee  

Science Conference Proceedings (OSTI)

Oil is the single most dominant force in the ''energy outlook'' and will continue to be throughout the foreseeable generations. Tennesseans now spend about $10 billion annually to satisfy energy needs; nearly half of that is for oil-based products. Most of the petroleum products sold are in the form of motor fuel, but a third of these products are made up of other categories, such as aviation and jet fuels, heating fuels, and lubricants. Baseline industry data is supplied.

Lamp, R.; Forester, C. (ed.)

1987-01-01T23:59:59.000Z

399

Oil recovery process  

Science Conference Proceedings (OSTI)

An on-site, in-line process and system is claimed for recovering oil from oil-bearing subterranean formations which involves the production, modification, dilution and injection of a polymer solution, preferably consisting essentially of an aqueous solution of a partially hydrolyzed polyacrylamide, having injectivity and mobility properties capable of meeting the specific permeability requirements of substantially any subterranean formation to be achieved. The polymer solutions prepared by the process and system can be used as drive fluids for displacing oil (secondary polymer flood) in an oil-bearing formation, as mobility buffers to follow micellar dispersion floods in the conjoint presence of chemical reagents in other chemical floods (e.g., surfactant, caustic, etc.), or they can follow a water flood. The solutions can also be used to promote pipelining of high viscosity crude oil. Irrespective of the use to which the solutions are put, the process and system enable the polymer solutions to be customized, or tailor-made, so to speak, to meet the performance demands of the environment in which they are to be used, whether it be an oil-bearing formation or a pipeline.

Argabright, P.A.; Rhudy, J.S.

1984-02-28T23:59:59.000Z

400

Chemically enhanced oil recovery  

Science Conference Proceedings (OSTI)

Yet when conducted according to present state of the art, chemical flooding (i.e., micellar/polymer flooding, surfactant/polymer flooding, surfactant flooding) can mobilize more residual crude oil than any other method of enhanced oil recovery. It also is one of the most expensive methods of enhanced oil recovery. This contribution will describe some of the technology that comprises the state of the art technology that must be adhered to if a chemical flood is to be successful. Although some of the efforts to reduce cost and other points are discussed, the principle focus is on technical considerations in designing a good chemical flooding system. The term chemical flooding is restricted here to methods of enhanced oil recovery that employs a surfactant, either injected into the oil reservoir or generated in situ, primarily to reduce oil-water interfacial tension. Hence, polymer-water floods for mobility or profile control, steam foams, and carbon dioxide foams are excluded. Some polymer considerations are mentioned because they apply to providing mobility control for chemical flooding systems.

Nelson, R.C.

1989-03-01T23:59:59.000Z

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


401

Will lecture on: Unconventional Oil and Gas  

E-Print Network (OSTI)

are not yet resolved. Ten years ago this category comprised heavy oil, oil shale, coal bed methane, tight gas, and economic aspects of gas shale and tight oil development. The role of oil shale in the emerging energy applied research on heavy oil, gas hydrate, gas shale, tight oil, and oil shale reservoirs. He advises

Schuster, Assaf

402

Carbon Dioxide Enhanced Oil Recovery Untapped Domestic Energy...  

NLE Websites -- All DOE Office Websites (Extended Search)

targeting unconventional oil resources such as extra heavy oil, oil and tar sands, oil shale, and oil in unconventional reservoirs (like the fractured Bakken Shale of North...

403

Oil/gas collector/separator for underwater oil leaks  

DOE Patents (OSTI)

This invention is comprised of an oil/gas collector/separator for recovery of oil leaking, for example, from an offshore or underwater oil well. The separator is floated over the point of the leak and tethered in place so as to receive oil/gas floating, or forced under pressure, toward the water surface from either a broken or leaking oil well casing, line, or sunken ship. The separator is provided with a downwardly extending skirt to contain the oil/gas which floats or is forced upward into a dome wherein the gas is separated from the oil/water, with the gas being flared (burned) at the top of the dome, and the oil is separated from water and pumped to a point of use. Since the density of oil is less than that of water it can be easily separated from any water entering the dome.

Henning, C.D.

1992-12-31T23:59:59.000Z

404

Oil/gas collector/separator for underwater oil leaks  

DOE Patents (OSTI)

An oil/gas collector/separator for recovery of oil leaking, for example, from an offshore or underwater oil well. The separator is floated over the point of the leak and tethered in place so as to receive oil/gas floating, or forced under pressure, toward the water surface from either a broken or leaking oil well casing, line, or sunken ship. The separator is provided with a downwardly extending skirt to contain the oil/gas which floats or is forced upward into a dome wherein the gas is separated from the oil/water, with the gas being flared (burned) at the top of the dome, and the oil is separated from water and pumped to a point of use. Since the density of oil is less than that of water it can be easily separated from any water entering the dome.

Henning, Carl D. (Livermore, CA)

1993-01-01T23:59:59.000Z

405

Process for preparing lubricating oil from used waste lubricating oil  

DOE Patents (OSTI)

A re-refining process is described by which high-quality finished lubricating oils are prepared from used waste lubricating and crankcase oils. The used oils are stripped of water and low-boiling contaminants by vacuum distillation and then dissolved in a solvent of 1-butanol, 2-propanol and methylethyl ketone, which precipitates a sludge containing most of the solid and liquid contaminants, unspent additives, and oxidation products present in the used oil. After separating the purified oil-solvent mixture from the sludge and recovering the solvent for recycling, the purified oil is preferably fractional vacuum-distilled, forming lubricating oil distillate fractions which are then decolorized and deodorized to prepare blending stocks. The blending stocks are blended to obtain a lubricating oil base of appropriate viscosity before being mixed with an appropriate additive package to form the finished lubricating oil product.

Whisman, Marvin L. (Bartlesville, OK); Reynolds, James W. (Bartlesville, OK); Goetzinger, John W. (Bartlesville, OK); Cotton, Faye O. (Bartlesville, OK)

1978-01-01T23:59:59.000Z

406

Under embargo: For release Thursday May 8, 2003 Winning vendors announced  

E-Print Network (OSTI)

. Hewlett Packard, IBM and SGI will each contribute to an extensive interoperable set of research facilities. The resulting "grid" of high performance computers and advanced scientific visualization facilities will support in essential operating costs over the three years of the implementation. The Alberta Ministry of Innovation

407

Embargoed until presentation at the FRBKC Jackson Hole Symposium After the Fall  

E-Print Network (OSTI)

This paper examines the behavior of real GDP (levels and growth rates), unemployment, inflation, bank credit, and real estate prices in a twenty one-year window surrounding selected adverse global and country-specific shocks or events. The episodes

Carmen M. Reinhart; Vincent R. Reinhart; Jel E

2010-01-01T23:59:59.000Z

408

TO BE EMBARGOED TILL SUN, 17 OCT 2010, 7.00 pm October 17, 2010  

E-Print Network (OSTI)

Grid Functions and Architecture for the Maui Smart Grid Demonstration Project Metrics and Benefits & Technology ­ University of Hawai`i at Mnoa Maui Smart Grid Project Phone: (808) 956-8890 ­ Fax: (808) 956 and cooperation in data sharing. General Electric Company ­ it will provide expertise in application of smart grid

Tan, Chew Lim

409

Shale oil cracking. 2. Effect on oil composition  

DOE Green Energy (OSTI)

Results from spectroscopic investigations are presented that demonstrate the effect of oil cracking on shale oil composition. Techniques used include infrared spectroscopy, capillary column gas chromatography/mass spectroscopy and /sup 13/C nuclear magnetic resonance. We show that cracking causes an increase in aromatic and alkene content of the oil. We compare our results for oils prepared in the laboratory with oils prepared in the TOSCO-II semi-works and in modified and true-in-situ combustion retorts. We demonstrate that the napthalene/2-methyl-naphthalene ratio is a good indicator of cracking conditions in an oil shale retort.

Burnham, A.K.; Sanborn, R.H.; Crawford, R.W.; Newton, J.C.; Happe, J.A.

1980-08-01T23:59:59.000Z

410

Total Crude Oil and Products Imports from All Countries  

Gasoline and Diesel Fuel Update (EIA)

Country: All Countries Persian Gulf OPEC Algeria Angola Ecuador Iraq Kuwait Libya Nigeria Qatar Saudi Arabia United Arab Emirates Venezuela Non OPEC Albania Argentina Aruba Australia Austria Azerbaijan Bahamas Bahrain Barbados Belarus Belgium Belize Benin Bolivia Brazil Brunei Bulgaria Burma Cameroon Canada Chad Chile China Colombia Congo (Brazzaville) Congo (Kinshasa) Cook Islands Costa Rica Croatia Cyprus Czech Republic Denmark Dominican Republic Egypt El Salvador Equatorial Guinea Estonia Finland France Gabon Georgia, Republic of Germany Ghana Gibralter Greece Guatemala Guinea Hong Kong Hungary India Indonesia Ireland Israel Italy Ivory Coast Jamaica Japan Kazakhstan Korea, South Kyrgyzstan Latvia Liberia Lithuania Malaysia Malta Mauritania Mexico Midway Islands Morocco Namibia Netherlands Netherlands Antilles New Zealand Nicaragua Niue Norway Oman Pakistan Panama Papua New Guinea Peru Philippines Poland Portugal Puerto Rico Romania Russia Senegal Singapore Slovakia South Africa Spain Spratly Islands Swaziland Sweden Switzerland Syria Taiwan Thailand Togo Trinidad and Tobago Tunisia Turkey Turkmenistan Ukraine United Kingdom Uruguay Uzbekistan Vietnam Virgin Islands (U.S.) Yemen

411

WASTEWATER TREATMENT IN THE OIL SHALE INDUSTRY  

E-Print Network (OSTI)

during oil shale retorting: retort water and gas condensate.commercial oil shale plant, retort water and gas condensateunique to an oil shale retort water, gas condensate, and

Fox, J.P.

2010-01-01T23:59:59.000Z

412

Total Crude Oil and Petroleum Products Exports  

U.S. Energy Information Administration (EIA)

Notes: Crude oil exports are restricted to: (1) crude oil derived from fields under the State waters of Alaska's Cook Inlet; (2) Alaskan North Slope crude oil; (3) ...

413

Oils and Fats World Market Update 2011  

Science Conference Proceedings (OSTI)

Archive of the Oils and Fats World Market Update 2011 Oils and Fats World Market Update 2011 Izmir, Turkey Oils and Fats World Market Update 2011 ...

414

United Oil Company | Open Energy Information  

Open Energy Info (EERE)

United Oil Company Jump to: navigation, search Name United Oil Company Place Pittsburgh, Pennsylvania Product Vegetable-Oil producer Biodiesel producer based in Pittsburgh, PA...

415

Deepwater Oil & Gas Resources | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Deepwater Oil & Gas Resources Deepwater Oil & Gas Resources The United States has significant natural gas and oil reserves. But many of these resources are increasingly harder to...

416

Oil Prices and Long-Run Risk.  

E-Print Network (OSTI)

??I show that relative levels of aggregate consumption and personal oil consumption provide anexcellent proxy for oil prices, and that high oil prices predict low… (more)

READY, ROBERT

2011-01-01T23:59:59.000Z

417

Oils and Fats World Market Update 2013  

Science Conference Proceedings (OSTI)

Archive of AOCS Oils and Fats World Market Update 2013 Oils and Fats World Market Update 2013 Kiev, Ukraine Oils and Fats World Market Update 2013 ...

418

Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

1 1 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2012 Oil and Gas Supply Module The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze crude oil and natural gas exploration and development on a regional basis (Figure 8). The OGSM is organized into 4 submodules: Onshore Lower 48 Oil and Gas Supply Submodule, Offshore Oil and Gas Supply Submodule, Oil Shale Supply Submodule[1], and Alaska Oil and Gas Supply Submodule. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2011), (Washington, DC, 2011). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum

419

North Carolina No 2 Fuel Oil / Heating Oil Sales/Deliveries to ...  

U.S. Energy Information Administration (EIA)

North Carolina No 2 Fuel Oil / Heating Oil Sales/Deliveries to Industrial Consumers (Thousand Gallons)

420

North Carolina No 2 Fuel Oil / Heating Oil Sales/Deliveries to ...  

U.S. Energy Information Administration (EIA)

North Carolina No 2 Fuel Oil / Heating Oil Sales/Deliveries to Commercial Consumers (Thousand Gallons)

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


421

ENERGY CONSERVATION AND THE ENVIRONMENT: CONFLICT OR COMPLEMENT?  

E-Print Network (OSTI)

from low-sulfur oil or gas imports. This flexibility may bevalue of reducing imports of oil or gas from OPEC countriesuse of natural gas as an alternative to oil imports, Germany

Schipper, L.

2011-01-01T23:59:59.000Z

422

Mexico - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Mexico is a major non-OPEC oil producer and among the largest sources of U.S. oil imports. Mexico's oil production has declined in recent years, as ...

423

Page not found | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

71 - 480 of 28,905 results. 71 - 480 of 28,905 results. Page Filling the Strategic Petroleum Reserve Established in 1975 in the aftermath of the OPEC oil embargo, the Strategic Petroleum Reserve was originally intended to hold at least 750 million barrels of crude oil as an insurance policy... http://energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve/filling-strategic-petroleum-reserve Download Technical Qualification Program Reaccreditation Report- Sandia Site Office This report documents the activities and results of the Reaccreditation Review Team evaluation of the SSO TQP for the Reaccreditation Board. http://energy.gov/hss/downloads/technical-qualification-program-reaccreditation-report-sandia-site-office Download 2014 Site Sustainability Plan 2014 Site Sustainability Plan

424

Page not found | Department of Energy  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

31 - 6640 of 31,917 results. 31 - 6640 of 31,917 results. Download Final For-Profit Audit Guidance (FY 2011 and Following) The following General Audit Program provides requirements and guidance for independent audit organizations in conducting program compliance audits of for-profit recipients of federal financial... http://energy.gov/management/downloads/final-profit-audit-guidance-fy-2011-and-following Page Filling the Strategic Petroleum Reserve Established in 1975 in the aftermath of the OPEC oil embargo, the Strategic Petroleum Reserve was originally intended to hold at least 750 million barrels of crude oil as an insurance policy... http://energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve/filling-strategic-petroleum-reserve Video ARPA-E 2011 Keynote: Secretary Steven Chu

425

Method for extracting an oil content from oil shale. [ultrasonic waves  

SciTech Connect

A method is disclosed for extracting an oil content from oil shale by compressing powdery grains of oil shale while applying ultrasonic waves to these powdery grains to separate the oil content from the powdery grains of oil shale.

Lee, J.

1981-12-08T23:59:59.000Z

426

Shale oil cracking. 1. Kinetics  

DOE Green Energy (OSTI)

Experiments were conducted to determine kinetics for thermal cracking of shale oil vapor over shale. Cracking temperatures of 504 to 610/sup 0/C and residence times of 2 to 11 seconds were used. A first-order Arrhenius rate expression and stoichiometry were obtained. Also observed were changes in the oil quality. Cracking decreased the H/C ratio, increased the nitrogen content, and decreased the pour point of the oil. Gas-phase oil cracking is contrasted to liquid-phase oil coking as a loss mechanism in oil-shale retorting.

Burnham, A.K.; Taylor, J.R.

1979-10-01T23:59:59.000Z

427

Oil Price Shocks and Inflation  

E-Print Network (OSTI)

Oil prices have risen sharply over the last year, leading to concerns that we could see a repeat of the 1970s, when rising oil prices were accompanied by severe recessions and surging inflation. This Economic Letter examines the historical relationship between oil price shocks and inflation in light of some recent research and goes on to discuss what the recent jump in oil prices might mean for inflation in the future. Figure 1 Inflation and the relative price of oil The historical record Figure 1 plots the price of oil relative to the core personal consumption expenditures price index (PCEPI) together with the core PCEPI inflation

unknown authors

2005-01-01T23:59:59.000Z

428

Abandoned oil fields in Oklahoma  

SciTech Connect

Data are presented for approximately 165 abandoned oil fields in Oklahoma that have produced 10,000 or more barrels of oil prior to abandonment. The following information is provided for each field: county; DOE field code; field name; AAPG geologic province code; discovery date of field; year of last production, if known; discovery well operator; proven acreage; formation thickness; depth of field; gravity of oil production; calendar year; yearly field oil production; yearly field gas production; cumulative oil production; cumulative gas production; number abandoned fields in county; cumulative production of oil from fields; and cumulative production of gas from fields. (ATT)

Chism, J.

1983-08-01T23:59:59.000Z

429

MECS Fuel Oil Tables  

U.S. Energy Information Administration (EIA) Indexed Site

: Actual, Minimum and Maximum Use Values for Fuel Oils and Natural Gas : Actual, Minimum and Maximum Use Values for Fuel Oils and Natural Gas Year Distillate Fuel Oil (TBtu) Actual Minimum Maximum Discretionary Rate 1985 185 148 1224 3.4% 1994 152 125 1020 3.1% Residual Fuel Oil (TBtu) Actual Minimum Maximum Discretionary Rate 1985 505 290 1577 16.7% 1994 441 241 1249 19.8% Natural Gas (TBtu) Actual Minimum Maximum Discretionary Rate 1985 4656 2702 5233 77.2% 1994 6141 4435 6758 73.4% Source: Energy Information Administration, Office of Energy Markets and End Use, 1985 and 1994 Manufacturing Energy Consumption Surveys. Table 2: Establishments That Actually Switched Between Natural Gas and Residual Fuel Oil Type of Switch Number of Establishments in Population Number That Use Original Fuel Percentage That Use Original Fuel Number That Can Switch to Another Fuel Percentage That Can Switch to Another Fuel Number That Actually Made a Switch Percentage That Actually Made a Switch

430

Abandoned Texas oil fields  

SciTech Connect

Data for Texas abandoned oil fields were primarily derived from two sources: (1) Texas Railroad Commission (TRRC), and (2) Dwight's ENERGYDATA. For purposes of this report, abandoned oil fields are defined as those fields that had no production during 1977. The TRRC OILMASTER computer tapes were used to identify these abandoned oil fields. The tapes also provided data on formation depth, gravity of oil production, location (both district and county), discovery date, and the cumulative production of the field since its discovery. In all, the computer tapes identified 9211 abandoned fields, most of which had less than 250,000 barrel cumulative production. This report focuses on the 676 abandoned onshore Texas oil fields that had cumulative production of over 250,000 barrels. The Dwight's ENERGYDATA computer tapes provided production histories for approximately two-thirds of the larger fields abandoned in 1966 and thereafter. Fields which ceased production prior to 1966 will show no production history nor abandonment date in this report. The Department of Energy hopes the general availability of these data will catalyze the private sector recovery of this unproduced resource.

1980-12-01T23:59:59.000Z

431

Table 2. Principal tight oil plays: oil production and proved...  

U.S. Energy Information Administration (EIA) Indexed Site

"Other tight oil plays (e.g. Monterey, Woodford)",,,24,253 "All U.S. tight oil plays",,,228,3628 "Note: Includes lease condensate." "Source: U.S. Energy...

432

Enhanced Oil Recovery and Other Oil Resources projects  

NLE Websites -- All DOE Office Websites (Extended Search)

Enhanced Oil Recovery and Other Oil Resources Enhanced Oil Recovery and Other Oil Resources Enhanced Oil Recovery and Other Oil Resources CO2 EOR | Other EOR & Oil Resources | Environmental | Completed Oil Projects Project Number Project Name Primary Performer DE-FE0013723 Development of Nanoparticle-Stabilized Foams To Improve Performance of Water-less Hydraulic Fracturing The University of Texas at Austin DE-FE0010799 Small Molecular Associative Carbon Dioxide (CO2) Thickeners for Improved Mobility Control University of Pittsburgh DE-FE0006011 Development of Real Time Semi-autonomous Geophysical Data Acquisition and Processing System to Monitor Flood Performance White River Technologies DE-FE0005979 Nanoparticle-stabilized CO2 Foam for CO2 EOR Application New Mexico Institute of Mining and Technology

433

Oil backstreaming in turbomolecular and oil diffusion pumps  

Science Conference Proceedings (OSTI)

State of the art turbomolecular pumps have oil vapor backstreaming rates too low to measure by classical methods (AVS method

Louis Maurice; Pierre Duval; Guy Gorinas

1979-01-01T23:59:59.000Z

434

Third Interview with Sir Eli Lauterpacht - 13 March 2008  

E-Print Network (OSTI)

Review Staff: Britain and Norway shelf delimitation. In 1972 we had the oil crisis when the oil producing countries established OPEC, the Organisation of Petroleum Exporting Countries, increased the price of oil considerably by unilateral action, which... . In 1972 we had the oil crisis when the oil producing countries established OPEC, the Organisation of Petroleum Exporting Countries, increased the price of oil considerably by unilateral action, which was, for most part, in breach of the terms...

Dingle, Lesley; Bates, Daniel

2008-06-19T23:59:59.000Z

435

DAG in Oil Laboratory Proficiency Testing  

Science Conference Proceedings (OSTI)

Lab proficiency testing for DAG in Oil to determine Total DAG.Samples include canola oil and soybean oil. DAG in Oil Laboratory Proficiency Testing Laboratory Proficiency Program (LPP) aocs applicants certified chemist chemists Lab laboratories Laborato

436

Single Cell Oils: Microbial and Algal Oils, 2nd EditionChapter 16 Nutritional Aspects of Single Cell Oils: Applications of Arachidonic Acid and Docosahexaenoic Acid Oils  

Science Conference Proceedings (OSTI)

Single Cell Oils: Microbial and Algal Oils, 2nd Edition Chapter 16 Nutritional Aspects of Single Cell Oils: Applications of Arachidonic Acid and Docosahexaenoic Acid Oils Biofuels and Bioproducts and Biodiesel Biofuels - Bioproducts ...

437

Crude Oil, Heating Oil, and Propane Market Outlook 2001  

Reports and Publications (EIA)

This PowerPoint presentation provides an early look at the crude oil, heating oil, and propane market outlooks for the winter of 2001/02. It was given by Doug MacIntyre at the 2001 State Heating Oil and Propane Program Conference held in Wilmington, DE on August 13, 2001.

Information Center

2001-08-01T23:59:59.000Z

438

Crude Oil, Heating Oil, and Propane Market Outlook 2003  

Reports and Publications (EIA)

This PowerPoint presentation provides an early look at the crude oil, heating oil, and propane market outlooks for the winter of 2003/04. It was given at the 2003 State Heating Oil and Propane Program Conference held in Asheville, NC on August 11, 2003.

Information Center

2003-04-01T23:59:59.000Z

439

Crude Oil, Heating Oil, and Propane Market Outlook  

Reports and Publications (EIA)

This PowerPoint presentation provides an early look at the crude oil, heating oil, and propane market outlooks for the winter of 2002/03. It was given at the 2002 State Heating Oil and Propane Program Conference held in Kennebunkport, ME on August 12, 2002.

Information Center

2002-08-21T23:59:59.000Z

440

REVIEW PAPER Biodeterioration of crude oil and oil derived  

E-Print Network (OSTI)

, oil pipelines, industrial systems of water cooling, systems of water preparation for pump- ing specific problem such as microbial contamination of stored crude oil and petroleum products. The Russian lubricants (technical vaselines, rope and gun oil) made of petroleum HCs are readily affected by fungi

Appanna, Vasu

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


441

Used Oil and Filter Disposal Used Oil: Create a segregated storage area or container. Label the container "Waste Oil Only".  

E-Print Network (OSTI)

Used Oil and Filter Disposal Used Oil: Create a segregated storage area or container. Label the container "Waste Oil Only". Maintain a written log to document all amounts and types of oil added to the container. No solvents, oil contaminated with solvents, PCBs, non-petroleum based oils, or any other

Yener, Aylin

442

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

One of the first places where consumers are feeling the impact of One of the first places where consumers are feeling the impact of this winter's market pressures is in home heating oil prices. This chart shows prices through February 28, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of heating oil

443

STEO September 2012 - oil production  

U.S. Energy Information Administration (EIA) Indexed Site

oil production forecast to rise almost 700,000 bpd this oil production forecast to rise almost 700,000 bpd this year, help cut U.S. petroleum imports U.S. crude oil production is expected to average 6.3 million barrels per day in 2012. That's up nearly 700,000 barrels per day from last year and the highest annual oil output since 1997 says the U.S. Energy Information Administration in its new monthly short-term energy outlook for September. EIA analyst Sam Gorgen explains: "Higher oil supplies, especially from North Dakota and Texas, boosted U.S. oil production. The number of on-shore drilling rigs targeting oil nationwide has increased by around 200 so far this year to just under 1,400 rigs." Higher domestic oil production will help cut U.S. petroleum imports. The share of total U.S.

444

Business cycles in oil economies  

SciTech Connect

This study examines the impact of oil price shocks on output fluctuations of several oil-exporting economies. In most studies of business cycles, the role of oil price is ignored; the few studies that use oil price as one of the variables in the system focus on modeling oil-importing economies. The vector autoregression (VAR) technique is used to consider the cases of Norway, Nigeria, and Mexico. Both atheoretical and structural' VARs are estimated to determine the importance of oil price impulses on output variations. The study reports two types of results: variance decomposition and impulse response functions, with particular emphasis on the issues of stationarity and co-integration among the series. The empirical results suggest that shocks to oil price are important in explaining output variations. In most cases, shocks to oil price are shown to explain more than 20% of the forecast variance of output over a 40-quarter horizon.

Al-Mutairi, N.H.

1991-01-01T23:59:59.000Z

445

Diacylglycerol Oil, 2nd Edition  

Science Conference Proceedings (OSTI)

This new edition has the latest safety and regulatory information; and discusses the physicochemical properties and application techniques of diacylglycerol oil, an oil with unique digestion and absorption characteristics that make it less likely to be sto

446

NETL: Oil and Natural Gas  

NLE Websites -- All DOE Office Websites (Extended Search)

Supply Technologies Oil and Natural Gas Supply Oil and natural gas are the lifeblood of our economy, accounting for more than 60 percent of the energy consumed in the United...

447

Market assessment for shale oil  

SciTech Connect

This study identified several key issues on the cost, timeliness, and ease with which shale oil can be introduced into the United States' refining system. The capacity of the existing refining industry to process raw shale oil is limited by the availability of surplus hydrogen for severe hydrotreating. The existing crude oil pipeline system will encounter difficulties in handling raw shale oil's high viscosity, pour point, and contaminant levels. The cost of processing raw shale oil as an alternate to petroleum crude oil is extremely variable and primarily dependent upon the percentage of shale oil run in the refinery, as well as the availability of excess hydrogen. A large fraction of any shale oil which is produced will be refined by the major oil companies who participate in the shale oil projects and who do not anticipate problems in processing the shale oil in their refineries. Shale oil produced for sale to independent refiners will initially be sold as boiler fuel. A federal shale oil storage program might be feasible to supplement the Strategic Petroleum Reserve. Based on refinery configurations, hydrogen supply, transportation systems, and crude availability, eleven refineries in Petroleum Administration for Defense Districts (PADDs) 2A and 2B have been identified as potential processors of shale oil. Based on refining technology and projected product demands to the year 2000, shale oil will be best suited to the production of diesel fuel and jet fuel. Tests of raw shale oil in boilers are needed to demonstrate nitrogen oxide emissions control.

1979-10-01T23:59:59.000Z

448

Applications: Oil and gas production  

E-Print Network (OSTI)

on Health, Safety & Environment in Oil & Gas E&P SPE/EAGE European Unconventional Resources Conference SPE International Conference PennWell Unconventional Oil and Gas Europe PennWell Underwater Intervention Marine Exploration Society Conference UGAS SPE Middle East Unconventional Gas Conference WHOC World Heavy Oil

449

Oil shale: Technology status report  

Science Conference Proceedings (OSTI)

This report documents the status of the US Department of Energy's (DOE) Oil Shale Program as of the end of FY 86. The report consists of (1) a status of oil shale development, (2) a description of the DOE Oil Shale Program, (3) an FY 86 oil shale research summary, and (4) a summary of FY 86 accomplishments. Discoveries were made in FY 86 about the physical and chemical properties and behavior of oil shales, process chemistry and kinetics, in situ retorting, advanced processes, and the environmental behavior and fate of wastes. The DOE Oil Shale Program shows an increasing emphasis on eastern US oil shales and in the development of advanced oil shale processing concepts. With the award to Foster Wheeler for the design of oil shale conceptual plants, the first step in the development of a systems analysis capability for the complete oil shale process has been taken. Unocal's Parachute Creek project, the only commercial oil shale plant operating in the United States, is operating at about 4000 bbl/day. The shale oil is upgraded at Parachute Creek for input to a conventional refinery. 67 refs., 21 figs., 3 tabs.

Not Available

1986-10-01T23:59:59.000Z

450

Economic variables in production of oil from oil shale  

SciTech Connect

The oil-shale production cost estimates reported by the National Petroleum Council in Dec. 1972, as part of an overall study of the U.S. energy situation are the most recent publicly available data on oil-shale economics. Using the basic NPC costs, this study examines several important parameters affecting shale oil's economic viability. Other factors pertinent to consideration of oil shale as a domestic fuel source, such as the leasing of federal oil shale lands, water availability, and environmental restraints are reviewed.

Cameron, R.J.

1973-04-01T23:59:59.000Z

451

LETTER FROM THE CHAIR 2004-2005 AVERY BUSY YEAR!  

E-Print Network (OSTI)

1882­1973, from the bold Edisonian beginnings of electric systems to the OPEC's first oil price rise growth. However, the post-1973 response to OPEC's high prices shaped the late twentieth- century global Korea, Italy, and France) buy 70% of all shipments (6, 7). Post-1973 slowdown in oil output growth

Gruner, Daniel S.

452

Annual Report Department of Chemical & Biomolecular  

E-Print Network (OSTI)

1882­1973, from the bold Edisonian beginnings of electric systems to the OPEC's first oil price rise growth. However, the post-1973 response to OPEC's high prices shaped the late twentieth- century global Korea, Italy, and France) buy 70% of all shipments (6, 7). Post-1973 slowdown in oil output growth

Velev, Orlin D.

453

Oil & Natural Gas Technology  

NLE Websites -- All DOE Office Websites (Extended Search)

8 FXe 0.1 1 10 100 1000 FNeFKr 0.001 0.01 0.1 1 10 Air-Like XeKr Enrichment from GasOil source Material Solubility Fractionation Hydrate Fractionation (Non-thermogenic source)...

454

Oil Field Management System  

The INL has developed a device for metering oil and gas streams that consist of both gas and liquid parts presents a significant challenge. Commonly used multi-phase flow meters reflect significant gains in this technology, but still have major flaws ...

455

Deepwater Oil & Gas Resources  

Energy.gov (U.S. Department of Energy (DOE))

The United States has significant natural gas and oil reserves. But many of these resources are increasingly harder to locate and bring into production. To help meet this challenge, the U.S. Department of Energy’s Office of Fossil Energy over the years has amassed wide ranging expertise in areas related to deepwater resource location, production, safety and environmental protection.

456

Oil and Global Adjustment  

E-Print Network (OSTI)

The current account surplus of the world’s major oil exporting economies – defined as the IMF’s fuel-exporting emerging economies plus Norway – increased from $110b to about $500b between 2002 and 2006. 2 In 2006, the current account surplus of the Gulf

Brad Setser

2007-01-01T23:59:59.000Z

457

World Oil Transit Chokepoints  

Reports and Publications (EIA)

Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits.

Information Center

2012-08-22T23:59:59.000Z

458

Structural Oil Pan With Integrated Oil Filtration And Cooling System  

DOE Patents (OSTI)

An oil pan for an internal combustion engine includes a body defining a reservoir for collecting engine coolant. The reservoir has a bottom and side walls extending upwardly from the bottom to present a flanged lip through which the oil pan may be mounted to the engine. An oil cooler assembly is housed within the body of the oil pan for cooling lubricant received from the engine. The body includes an oil inlet passage formed integrally therewith for receiving lubricant from the engine and delivering lubricant to the oil cooler. In addition, the body also includes an oil pick up passage formed integrally therewith for providing fluid communication between the reservoir and the engine through the flanged lip.

Freese, V, Charles Edwin (Westland, MI)

2000-05-09T23:59:59.000Z

459

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Slide 2 of 11 Notes: One of the first places where consumers are feeling the impact of this winterÂ’s market pressures is in home heating oil prices. This chart shows prices through February 7, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents per gallon through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of

460

oil supply | OpenEI  

Open Energy Info (EERE)

oil supply oil supply Dataset Summary Description CIA: World Factbook assessment of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Estimated as of January 1st, 2010. Source CIA Date Released January 01st, 2010 (4 years ago) Date Updated Unknown Keywords crude oil energy energy data international oil oil supply Data text/csv icon 2010 Proved Oil Reserves (csv, 4.6 KiB) text/plain icon Original Text Format (txt, 6.5 KiB) Quality Metrics Level of Review Some Review Comment Temporal and Spatial Coverage Frequency

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


461

Measuring Dependence on Imported Oil  

Gasoline and Diesel Fuel Update (EIA)

Dependence on Imported Oil Dependence on Imported Oil by C. William Skinner* U.S. dependence on imported oil** can be measured in at least two ways. The differences hinge largely on whether oil imports are defined as net imports (total imports minus exports) or as total imports. EIA believes that the net-imports definition gives a clearer indication of the fraction of oil consumed that could not have been supplied from domestic sources and is thus the most appropriate measure. With this issue of the Monthly Energy Review, the Energy Information Administration (EIA) introduces a revised table that expresses depend- ence on imports in terms of both measures. How dependent is the United States on foreign oil? How dependent are we on oil from the Persian Gulf or other sensitive areas? Do we import more than we produce domes-

462

Practical Guide to Vegetable Oil ProcessingChapter 1 Basic Oil Chemistry  

Science Conference Proceedings (OSTI)

Practical Guide to Vegetable Oil Processing Chapter 1 Basic Oil Chemistry Processing eChapters Processing Press Downloadable pdf of Chapter 1 Basic Oil Chemistry from the book ...

463

Oil consumption, pollutant emission, oil proce volatility and economic activities in selected Asian Developing Economies.  

E-Print Network (OSTI)

??It is now well established in the literature that oil consumption, oil price shocks, and oil price volatility may impact the economic activities negatively. Studies… (more)

Rafiq, Shuddhasattwa

2009-01-01T23:59:59.000Z

464

Practical Guide to Vegetable Oil ProcessingChapter 11 Oil Quality Management  

Science Conference Proceedings (OSTI)

Practical Guide to Vegetable Oil Processing Chapter 11 Oil Quality Management Processing eChapters Processing Press Downloadable pdf of Chapter 11 Oil Quality Management from the book ...

465

Bleaching and Purifying Fats and Oils: Theory and PracticeChapter 7 Oil Recovery  

Science Conference Proceedings (OSTI)

Bleaching and Purifying Fats and Oils: Theory and Practice Chapter 7 Oil Recovery Processing eChapters Processing Press   Downloadable pdf of Chapter 7 Oil Recovery from ...

466

NIOP-AOCS Fats and Oils Laboratory Proficiency Testing Program  

Science Conference Proceedings (OSTI)

Lab Proficiency Testing service for NIOP-AOCS Fats & Oils, samples in this series include crude coconut oil, RB Palm Oil, Crude Safflower Oil, Crude sunflower Oil. NIOP-AOCS Fats and Oils Laboratory Proficiency Testing Program Laboratory Proficiency Progr

467

Crude Existence: The Politics of Oil in Northern Angola  

E-Print Network (OSTI)

agreements divide produced oil into cost oil and profit oil.to development in Angola as “cost oil” or as tax write-offs,The sale of cost oil, also called cost recovery oil, is used

Reed, Kristin

2009-01-01T23:59:59.000Z

468

Unconventional Oil and Gas Resources  

Science Conference Proceedings (OSTI)

World oil use is projected to grow to 98 million b/d in 2015 and 118 million b/d in 2030. Total world natural gas consumption is projected to rise to 134 Tcf in 2015 and 182 Tcf in 2030. In an era of declining production and increasing demand, economically producing oil and gas from unconventional sources is a key challenge to maintaining global economic growth. Some unconventional hydrocarbon sources are already being developed, including gas shales, tight gas sands, heavy oil, oil sands, and coal bed methane. Roughly 20 years ago, gas production from tight sands, shales, and coals was considered uneconomic. Today, these resources provide 25% of the U.S. gas supply and that number is likely to increase. Venezuela has over 300 billion barrels of unproven extra-heavy oil reserves which would give it the largest reserves of any country in the world. It is currently producing over 550,000 b/d of heavy oil. Unconventional oil is also being produced in Canada from the Athabasca oil sands. 1.6 trillion barrels of oil are locked in the sands of which 175 billion barrels are proven reserves that can be recovered using current technology. Production from 29 companies now operating there exceeds 1 million barrels per day. The report provides an overview of continuous petroleum sources and gives a concise overview of the current status of varying types of unconventional oil and gas resources. Topics covered in the report include: an overview of the history of Oil and Natural Gas; an analysis of the Oil and Natural Gas industries, including current and future production, consumption, and reserves; a detailed description of the different types of unconventional oil and gas resources; an analysis of the key business factors that are driving the increased interest in unconventional resources; an analysis of the barriers that are hindering the development of unconventional resources; profiles of key producing regions; and, profiles of key unconventional oil and gas producers.

none

2006-09-15T23:59:59.000Z

469

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

Gasoline and Diesel Fuel Update (EIA)

Global Crude Oil and Liquid Fuels Global Crude Oil and Liquid Fuels Global Crude Oil and Liquid Fuels Overview EIA expects production from countries outside of the Organization of the Petroleum Exporting Countries (OPEC) to grow year-over-year by a record high of 1.9 million bbl/d in 2014. OPEC crude oil production is forecast to decline by 0.5 million bbl/d in 2014, mostly as a result of some OPEC producers cutting back production to accommodate non-OPEC supply growth. The projected decline in production by some OPEC producers increases in surplus crude oil production capacity, which grows from an average of 2.2 million bbl/d in 2013 to 2.7 million bbl/d in 2014. The call on OPEC crude oil and global stocks (world consumption less non-OPEC production and OPEC non-crude oil production) falls from an average 30.4 million bbl/d in 2013

470

The triumph of pragmatism: Nigeria's role in the Organization of the Petroleum Exporting Countries  

SciTech Connect

Formed in 1960, the Organization of the Petroleum Exporting Countries (OPEC) became a key participant in the international oil industry after the so-called oil shock in the early 1970s. OPEC's power in world trade increased tremendously during the 1970s and, as oil prices skyrocketed, literature on OPEC proliferated. Although OPEC's demise has often been predicted since its creation; it has, however, endured. Thus study examines OPEC from distinct vantage points: those of regime theory, oligopoly models, and cartel theory. The aim is to gain insight into the activities of the organization as a whole and in terms of the behavior of one of its members, the Government of Nigeria. The objective is to ascertain which of these theories, or aspects of the theories, best describes OPEC's activities and Nigeria's actions as a member. The review of OPEC and Nigeria's role in its demonstrates that OPEC is difficult to classify. It is more than anything, a fluid coalition of Third World countries seeking to improve their national economies by ensuring better prices for crude oil, their chief export product; and helping other Third World countries focus global awareness on the chronic political and economic inequities in the international system. Therefore, OPEC and Nigeria's role is best explained by coalition theory.

Dimah, A.

1988-01-01T23:59:59.000Z

471

F.O.B. Costs of Imported Crude Oil by Area  

Gasoline and Diesel Fuel Update (EIA)

2007 2008 2009 2010 2011 2012 View History Average 66.36 90.32 57.78 74.19 101.66 99.78 1973-2012 Persian Gulf 69.93 91.44 59.53 75.65 106.47 105.45 1973-2012 Total OPEC 69.58...

472

MECS Fuel Oil Figures  

U.S. Energy Information Administration (EIA) Indexed Site

: Percentage of Total Purchased Fuels by Type of Fuel : Percentage of Total Purchased Fuels by Type of Fuel Figure 1. Percent of Total Purchased Fuel Sources: Energy Information Administration. Office of Energy Markets and End Use, Manufacturing Energy Consumption Survey (MECS): Consumption of Energy; U.S. Department of Commerce, Bureau of the Census, Annual Survey of Manufactures (ASM): Statistics for Industry Groups and Industries: Statistical Abstract of the United States. Note: The years below the line on the "X" Axis are interpolated data--not directly from the Manufacturing Energy Consumption Survey or the Annual Survey of Manufactures. Figure 2: Changes in the Ratios of Distillate Fuel Oil to Natural Gas Figure 2. Changes in the Ratios of Distillate Fuel Oil to Natural Gas Sources: Energy Information Administration. Office of

473

fuel_oil.pdf  

U.S. Energy Information Administration (EIA) Indexed Site

Fuel Oil Usage Form Fuel Oil Usage Form 1999 Commercial Buildings Energy Consumption Survey (CBECS) 1. Timely submission of this report is mandatory under Public Law 93-275, as amended. 2. This completed report is due by 3. Data reported on this questionnaire are for the entire building identified in the label to the right. 4. Data may be submitted directly on this questionnaire or in any other format, such as a computer-generated listing, which provides the same i nformation and is conve nient for y our company. a. You may submit a single report for the entire building, or if it i s easier, a separate report for each of several accounts in the building. These will then be aggregated by the survey contractor. b. If you are concerned about your individual account information, you may c

474

Oil shale retort apparatus  

DOE Patents (OSTI)

A retorting apparatus including a vertical kiln and a plurality of tubes for delivering rock to the top of the kiln and removal of processed rock from the bottom of the kiln so that the rock descends through the kiln as a moving bed. Distributors are provided for delivering gas to the kiln to effect heating of the rock and to disturb the rock particles during their descent. The distributors are constructed and disposed to deliver gas uniformly to the kiln and to withstand and overcome adverse conditions resulting from heat and from the descending rock. The rock delivery tubes are geometrically sized, spaced and positioned so as to deliver the shale uniformly into the kiln and form symmetrically disposed generally vertical paths, or "rock chimneys", through the descending shale which offer least resistance to upward flow of gas. When retorting oil shale, a delineated collection chamber near the top of the kiln collects gas and entrained oil mist rising through the kiln.

Reeves, Adam A. (Grand Junction, CO); Mast, Earl L. (Norman, OK); Greaves, Melvin J. (Littleton, CO)

1990-01-01T23:59:59.000Z

475

Shale oil recovery process  

DOE Patents (OSTI)

A process of producing within a subterranean oil shale deposit a retort chamber containing permeable fragmented material wherein a series of explosive charges are emplaced in the deposit in a particular configuration comprising an initiating round which functions to produce an upward flexure of the overburden and to initiate fragmentation of the oil shale within the area of the retort chamber to be formed, the initiating round being followed in a predetermined time sequence by retreating lines of emplaced charges developing further fragmentation within the retort zone and continued lateral upward flexure of the overburden. The initiating round is characterized by a plurality of 5-spot patterns and the retreating lines of charges are positioned and fired along zigzag lines generally forming retreating rows of W's. Particular time delays in the firing of successive charges are disclosed.

Zerga, Daniel P. (Concord, CA)

1980-01-01T23:59:59.000Z

476

Oil Prices and Inflation  

E-Print Network (OSTI)

As oil prices have climbed over the last several years, the memory of the 1970s and early 1980s has not been far from the minds of the public or of monetary policymakers. In those earlier episodes, rising oil prices were accompanied by doubledigit overall inflation in the U.S. and in several other developed economies. Indeed, central bankers say they are determined not to let this experience recur, emphasizing that they intend to maintain their credibility with the public in securing low inflation and achieving stable and well-anchored inflation expectations. In pursuing these goals, a key measure policymakers often focus on is core inflation; this may seem surprising, since core inflation excludes energy prices, among other things.

unknown authors

2008-01-01T23:59:59.000Z

477

STEO December 2012 - oil production  

U.S. Energy Information Administration (EIA) Indexed Site

Rise in 2012 U.S. oil production largest since 1859, output in 2013 seen Rise in 2012 U.S. oil production largest since 1859, output in 2013 seen topping 7 million bpd U.S. crude oil production is now expected to rise by about 760,000 barrels per day in 2012, the biggest annual increase in oil output since U.S. commercial crude oil production began in 1859. American oil producers are expected to pump a daily average of 6.4 million barrels of crude oil this year, according to the U.S. Energy Information Administrator's new monthly energy forecast. The annual increase in oil output tops the previous record set in 1951 and marks the largest yearly production increase ever. Most of the increase in crude oil production is driven by drilling activity in shale formations located in Texas, North Dakota and Montana. U.S. crude oil production next year is expected to top 7 million barrels per day for the first time

478

Production of Shale Oil  

E-Print Network (OSTI)

Intensive pre-project feasibility and engineering studies begun in 1979 have produced an outline plan for development of a major project for production of shale oil from private lands in the Piceance Basin in western Colorado. This outline plan provides a blueprint for the development of a 28,000 acre holding on Clear Creek in Garfield County, Colorado on property acquired by Standard Oil of California in the late 1940's and early 1950's. The paper describes these planning activities and the principal features of a proposed $5 billion project to develop facilities for production of 100,000 barrels per day of synthetic crude from oil shale. Subjects included are resource evaluation, environmental baseline studies, plans for acquisition of permits, plans for development of required retorting and mining technology and a preliminary description of the commercial project which will ultimately emerge from these activities. General financial impact of the project and the case for additional tax incentives to encourage it will be described.

Loper, R. D.

1982-01-01T23:59:59.000Z

479

Successful Sequestration and Enhanced Oil Recovery Project Could...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Successful Sequestration and Enhanced Oil Recovery Project Could Mean More Oil and Less CO2 Emissions Successful Sequestration and Enhanced Oil Recovery Project Could Mean More Oil...

480

residual fuel oil - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Residual fuel oil: A general classification for the heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter ...

Note: This page contains sample records for the topic "opec oil embargo" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


481

heating oil - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA)

Crude oil, gasoline, heating oil, diesel, ... Home; Browse by Tag; Most Popular Tags. ... High heating oil prices discourage heating oil supply contracts for the ...

482

Oil-Grade Alloy 718 in Oil Field Drilling Applications  

Science Conference Proceedings (OSTI)

This paper focuses on the performance of oil-grade alloy 718 for applications in bottom hole ... Additive Manufacturing for Superalloys - Producibility and Cost.

483

Crude Oil Prices Table 21. Domestic Crude Oil First Purchase...  

Gasoline and Diesel Fuel Update (EIA)

Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

484

International Oil and Gas Board International Oil and Gas Board...  

Open Energy Info (EERE)

Board International Oil and Gas Board Address Place Zip Website Abu Dhabi Supreme Petroleum Council Abu Dhabi Supreme Petroleum Council Abu Dhabi http www abudhabi ae...

485

Unfinished Oils - Heavy Gas Oils Total Stocks Stocks by Type  

U.S. Energy Information Administration (EIA)

-No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: Crude oil stocks in the ...

486

Crude Oil, Heating Oil, and Propane Market Outlook  

U.S. Energy Information Administration (EIA)

... March 2003 Price Spike August 2003 Price Spike Quarterly World Oil Demand Growth from Previous Year Overview of Market Fundamentals Tight balance in global ...

487

Emerging Oil & Gas Supplies: Future Prospects for Oil ...  

U.S. Energy Information Administration (EIA)

The shale gas & tight oil technology story is only beginning, with much yet to be written • Technology is creating new resources out of rocks

488

Unconventional oil market assessment: ex situ oil shale.  

E-Print Network (OSTI)

??This thesis focused on exploring the economic limitations for the development of western oil shale. The analysis was developed by scaling a known process and… (more)

Castro-Dominguez, Bernardo

2010-01-01T23:59:59.000Z

489

High heating oil prices discourage heating oil supply contracts ...  

U.S. Energy Information Administration (EIA)

EIA's Short-Term Energy and Winter Fuels Outlook expects the U.S. home heating oil price will average $3.71 per gallon for the season, ...

490

U.S. oil imports to decline with rising oil production through...  

U.S. Energy Information Administration (EIA) Indexed Site

oil imports to decline with rising oil production through 2014 The United States will need fewer oil imports over the next two years because of rising U.S. oil production. The new...

491

Gourmet and Health-Promoting Specialty OilsChapter 1 Olive Oil  

Science Conference Proceedings (OSTI)

Gourmet and Health-Promoting Specialty Oils Chapter 1 Olive Oil Olive oil eChapters Health - Nutrition - Biochemistry Health Nutrition Biochemistry Press Downloadable pdf of Chapter 1 Olive Oil from the b

492

Evaluation of Production of Oil & Gas From Oil Shale in the Piceance...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Evaluation of Production of Oil & Gas From Oil Shale in the Piceance Basin Evaluation of Production of Oil & Gas From Oil Shale in the Piceance Basin The purpose of this paper is...

493

Consumer Winter Heating Oil Costs  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: Using the Northeast as a regional focus for heating oil, the typical oil-heated household consumes about 680 gallons of oil during the winter, assuming that weather is "normal." The previous three winters were warmer than average and generated below normal consumption rates. Last winter, consumers saw large increases over the very low heating oil prices seen during the winter of 1998-1999 but, outside of the cold period in late January/early February they saw relatively low consumption rates due to generally warm weather. Even without particularly sharp cold weather events this winter, we think consumers are likely to see higher average heating oil prices than were seen last winter. If weather is normal, our projections imply New England heating oil

494

Retail Diesel Fuel Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Along with heating oil prices, the distillate supply squeeze has Along with heating oil prices, the distillate supply squeeze has severely impacted diesel fuel prices, especially in the Northeast. Diesel fuel is bascially the same product as home heating oil. The primary difference is that diesel has a lower sulfur content. When heating oil is in short supply, low sulfur diesel fuel can be diverted to heating oil supply. Thus, diesel fuel prices rise with heating heating oil prices. Retail diesel fuel prices nationally, along with those of most other petroleum prices, increased steadily through most of 1999. But prices in the Northeast jumped dramatically in the third week of January. Diesel fuel prices in New England rose nearly 68 cents per gallon, or 47 percent, between January 17 and February 7. While EIA does not have

495

Northeast Home Heating Oil Reserve  

Gasoline and Diesel Fuel Update (EIA)

Northeast Home Heating Oil Reserve Northeast Home Heating Oil Reserve Information on the Northeast Home Heating Oil Reserve is available from the U.S. Department of Energy (DOE) Office of Petroleum Reserves web site at http://www.fossil.energy.gov/programs/reserves/heatingoil/. Northeast Home Heating Oil Reserve (NEHHOR) inventories now classified as ultra-low sulfur distillate (15 parts per million) are not considered to be in the commercial sector and therefore are excluded from distillate fuel oil supply and disposition statistics in Energy Information Administration publications, such as the Weekly Petroleum Status Report, Petroleum Supply Monthly, and This Week In Petroleum. Northeast Home Heating Oil Reserve Terminal Operator Location (Thousand Barrels) Hess Corp. Groton, CT 500*

496

BP Oil Spill November 10, 2011  

E-Print Network (OSTI)

BP Oil Spill Qiyam Tung November 10, 2011 1 Introduction Figure 1: BP Oil spill (source: http://thefoxisblack.com/2010/05/02/the-bp-oil-spill-in-the-gulf-of-mexico/) Last year, there was a major oil spill caused major techniques to minimize the threat once it happened. What kind of damage would an oil spill like this cause

Lega, Joceline

497

Method of operating an oil shale kiln  

DOE Patents (OSTI)

Continuously determining the bulk density of raw and retorted oil shale, the specific gravity of the raw oil shale and the richness of the raw oil shale provides accurate means to control process variables of the retorting of oil shale, predicting oil production, determining mining strategy, and aids in controlling shale placement in the kiln for the retorting.

Reeves, Adam A. (Rifle, CO)

1978-05-23T23:59:59.000Z

498

The twentieth oil shale symposium proceedings  

Science Conference Proceedings (OSTI)

This book contains 20 selections. Some of the titles are: The technical contributions of John Ward Smith in oil shale research; Oil shale rubble fires: ignition and extinguishment; Fragmentation of eastern oil shale for in situ recovery; A study of thermal properties of Chinese oil shale; and Natural invasion of native plants on retorted oil shale.

Gary, J.H.

1987-01-01T23:59:59.000Z

499

Just oil? The distribution of environmental and social impacts of oil production and consumption  

E-Print Network (OSTI)

that the greatest quantity of oil from marine transport isunderrepresents the quantity of oil products that escapes

O'Rourke, D; Connolly, S

2003-01-01T23:59:59.000Z

500

South Dakota No 2 Fuel Oil / Heating Oil Adj Sales/Deliveries to ...  

U.S. Energy Information Administration (EIA)

South Dakota No 2 Fuel Oil / Heating Oil Adj Sales/Deliveries to Commercial Consumers (Thousand Gallons)