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Sample records for opec oil embargo

  1. Learning to live with OPEC oil: the Arab view

    SciTech Connect (OSTI)

    Not Available

    1983-01-01

    Either OPEC or a similar Middle East organizaiton will recapture the dominant role in oil market as non-OPEC oil sources are depleted. An interview with Ali Ahmed Attiga of the Organization of Arab Petroleum Exporting Countries (OAPEC) suggests the possibility of another embargo, but emphasizes the common bond that both oil-importing and oil-exporting countries have if they become over-dependent on oil. Attiga points out that OAPEC will produce 40% of the energy consumed at the end of 10 years. He credits the 1973 embargo with reminding the US of its vital interest in the Arab world, but admits it did not accomplish the withdrawal of Israel from occupied territory. In response to other questions Attiga doubts other producers will join OPEC, explains OPEC pricing and production policies, and describes its development programs. 1 figure.

  2. Embargoed:

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Molecular clocks control mutation rate in human cells November 20, 2015 Embargoed: 1600 ... CAMBRIDGE, UK, and LOS ALAMOS, N.M., Nov. 9, 2015-Every cell in the human body contains a ...

  3. Is there oil after OPEC : Ecuador's Pasaje

    SciTech Connect (OSTI)

    Not Available

    1992-12-14

    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.

  4. OPEC: 10 years after the Arab oil boycott

    SciTech Connect (OSTI)

    Cooper, M.H.

    1983-09-23

    OPEC's dominance over world oil markets is waning 10 years after precipitating world-wide energy and economic crises. The 1979 revolution in Iran and the start of the Iranian-Iraqi war in 1980 introduced a second shock that caused oil importers to seek non-OPEC supplies and emphasize conservation. No breakup of the cartel is anticipated, however, despite internal disagreements over production and price levels. Forecasters see OPEC as the major price setter as an improved economy increases world demand for oil. Long-term forecasts are even more optimistic. 24 references, 2 figures, 2 tables. (DCK)

  5. Pressure deflected: Japan and the 1973 Arab oil embargo

    SciTech Connect (OSTI)

    Burridge, J.M.

    1988-01-01

    Japanese policy toward the Arab states for the five years before the embargo are compared with the five years that followed. Significant events from October 1973 through the February 1974 Washington Conference are described on a virtually daily basis. The study concludes that the late 1973 oil-supply reduction did not result in significantly greater Japanese political support or economic assistance in the 1974-1978 period. Japan did not even carry the only specific commitment in the November 22 statement - that it would reconsider relations with Israel if that country didn't withdraw from the occupied Arab territories. Many factors contributed to this failure - American counter-pressure, Arab disunity, and a worldwide drop in oil demand. In terms of political demands, neither OAPEC nor any individual Arab state ever articulated any specific actions Japan was to take. Finally, the supply of oil was rapidly depoliticized after 1974.

  6. Political dynamics of economic sanctions: a case study of Arab oil embargoes

    SciTech Connect (OSTI)

    Daoudi, M.S.

    1981-01-01

    The general question is considered of the effectiveness of economic sanctions in international politics, in terms of the Arabs' use of oil as a political weapon in 1956, 1967, and 1973. Chapter 3 focuses on the impact of the interruption of oil supplies to Western Europe throughout the 1956 Suez crisis. By 1967, pressure on the conservative governing elites of Saudi Arabia, Kuwait, Libya, and the Gulf Sheikdoms obliged these states to join Iraq and Algeria in imposing production cutbacks and an embargo. Yet the conservative regimes' ties to the West, and the control exerted by multinational oil corporations over all phases of their oil industry, insured that the embargo was not enforced. Chapter 4 explains historically how, by the late 1960s, relinquishment of old concessions, nationalization acts, and participation agreements had caused a decline in the multinationals' domination of the oil industry. The rise of OPEC and OAPEC, which by 1970 had united and organized the producing governments, channeled their demands, and created an international forum for their political grievances, is discussed. Chapter 5 considers how by 1973 international and Arab political developments had forced states like Saudi Arabia, which had sought to dissociate oil and politics, to unsheathe the oil weapon and wave it in the faces of their Western allies. The author concludes from analysis of these complex cases that scholarship has exaggerated the inefficacy of sanctions. The effectiveness of sanctions is seen to depend upon how the demands are formulated and presented and to what extent they can be negotiated, as well as upon the sociopolitical, cultural, and psychological characteristics of the target population.

  7. OPEC's maximum oil revenue will be $80 billion per year

    SciTech Connect (OSTI)

    Steffes, D.W.

    1986-01-01

    OPEC's income from oil is less than $80 billion this year, only one fourth its 1981 revenue. The optimum revenue OPEC can expect is 15 MBB/D at $15/barrel. Energy conservation will continue despite falling prices because consumers no longer feel secure that OPEC can deliver needed supplies. Eleven concepts which affect the future world economic outlook include dependence upon petroleum and petroleum products, the condition of capital markets, low energy and commodity prices, the growth in money supply without a corresponding growth in investment, and the high debt level of the US and the developing countries.

  8. An oil and gas cartel OPEC in evolution

    SciTech Connect (OSTI)

    Not Available

    1992-12-23

    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.

  9. The oil price and non-OPEC supplies

    SciTech Connect (OSTI)

    Seymour, A.

    1991-01-01

    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.

  10. Non-OPEC oil production set to decline for the first time since...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Non-OPEC oil production set to decline for the first time since 2008 Total oil production from countries outside of OPEC, the Organization of the Petroleum Exporting Countries, is ...

  11. Fact #563: March 23, 2009 OPEC Petroleum Imports | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    3: March 23, 2009 OPEC Petroleum Imports Fact #563: March 23, 2009 OPEC Petroleum Imports In the 1970's, the U.S. imported more petroleum from OPEC than from non-OPEC countries. The oil embargo in the early 1980's changed that. Though the amount of petroleum imports from OPEC has grown, the U.S. has imported more oil from non-OPEC countries each year since 1993. In fact, the amount of petroleum imported from OPEC in 2007 is slightly less than what was imported from OPEC thirty years ago (1977).

  12. Non-OPEC oil supply continues to grow

    SciTech Connect (OSTI)

    Knapp, D.H.

    1995-12-25

    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.

  13. Energy prices and capital obsolescence: evidence from the oil embargo period

    SciTech Connect (OSTI)

    Gibbons, J.C.

    1984-01-01

    Energy costs replaced maintenance costs on existing fixed assets as a determinant of optimal retirement age after the 1973-74 oil embargo. The economic aging of manufacturing facilities was the product of both normal wear-and-tear and design obsolescence. The adjustment, however, was toward substitution of other factors for capital services and replacement of outmoded asset types by other more expensive ones. The author examines data derived from a dynamic regression model showing that between 8 and 10% of an aggregate plant of the US became obsolete as a result of the embargo. 9 references, 1 figure, 3 tables.

  14. Exclusive: OPEC's story - denies it is a cartel

    SciTech Connect (OSTI)

    Not Available

    1983-03-23

    Coverage of OPEC news in the Western press exploded in 1973 during the Arab Oil Embargo and blossomed during the 1979 oil price hike. Since then, however, coverage wanes when OPEC's problems are its own and not widely impacting consuming nations. OPECNA, the OPEC News Agency, was established in 1980 to improve the quantity and quality of world press coverage of OPEC activities. Since then, OPECNA has also been OPEC's historian. It is felt that OPECNA has achieved its principal goal, that of providing reliable and frequent information about OPEC and the activities of its member countries; however, it appears to have little success in restructuring world opinion. Included here is an exclusive interview by Energy Detente with Mr. Gonzalo Plaza, Director of OPECNA. The Energy Detente fuel price/tax series and industrial fuel prices for March 1983 are presented for countries of the Western Hemisphere.

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

    Reports and Publications (EIA)

    2010-01-01

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

  16. OPEC Revenues Fact Sheet

    Reports and Publications (EIA)

    2013-01-01

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

  17. OPEC: policy implications for the United States

    SciTech Connect (OSTI)

    Landis, R.C.; Klass, M.W.

    1980-01-01

    The oil embargo of 1973-74 first brought the issue of raw-material supply disruptions to public attention. Since then, OPEC has kept oil prices high, and the threat of a renewed embargo remains credible. But other kinds of disruption, such as gasoline rationing, are also possible. On the policy side, the U.S. is now building a stockpile of crude oil for emergency use. That and other policy options to mitigate the impact of future supply cutbacks are examined under four scenarios. Of the technical options, only conversion to coal and reduced lead times show a positive net benefit. Stockpiling, tariffs, quotas, and subsidies to crude oil production only show a positive net benefit if an embargo actually occurs. 269 references, 5 figures, 105 tables

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

    Reports and Publications (EIA)

    2008-01-01

    In 2008-2009, the Energy Information Administration expects that non-OPEC (Organization of the Petroleum Exporting Countries) petroleum supply growth will surpass that in recent years because of the large number of new oil projects scheduled to come online during the forecast period.

  19. Economics and politics of oil-price regulation: Federal policy in the post-embargo era

    SciTech Connect (OSTI)

    Kalt, J.P.

    1981-01-01

    This study illuminates the fact that government petroleum regulations did not work as expected, and that they had contradictory and even destructive results. Using the methods and language of economic analysis, it also encompasses the broad social and political scope of the energy crisis, which is described as primarily a battle over the appropriate distribution of income within society, rather than the manifestation of some massive failure of markets and institutions to allocate the nation's resources effectively. One of the author's conclusions is that when policymakers address the income-transfer issue, they should use the straightforward mechanism of general income tax and welfare legislation. The book analyzes such topics as the position of the US oil industry in the international market, the Entitlements Program, and the effects of the Emergency Petroleum Allocation Act of 1973, the Energy Policy and Conservation Act of 1974, and the Crude Oil Windfall Profits Tax Act of 1980. 196 references, 30 figures, 35 tables.

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

    SciTech Connect (OSTI)

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

    1988-12-01

    The East-West Center has 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 petroleum trade. The project was later extended to include balance-of-payments scenarios and impacts on OPEC domestic demand. As the study progressed, a number of preliminary presentations were made at the US Department of Energy in order to receive feedback from DOE officials and to refine the focus of our analysis. During one of the presentations on June 4, 1987, the then Director of Division of Oil and Gas, John Stanley-Miller, advised us to focus our work on the Persian Gulf countries, since these countries were of special interest to the United States Government. Since then, our team has visited Iran, the United Arab Emirates, and Saudi Arabia and obtained detailed information from other countries. The political turmoil in the Gulf, the Iran/Iraq war, and the active US military presence have all worked to delay the final submission of our report. Even in countries where the United States has close ties, access to information has been difficult. In most countries, even mundane information on petroleum issues are treated as national secrets. As a result of these difficulties, we requested a one-year no cost extension to the grant and submitted an Interim Report in May 1988. As part of our grant extension request, we proposed to undertake additional tasks which appear in this report. 20 figs., 21 tabs.

  1. Analysis of changes in OPEC's crude oil prices, current account, and surplus investments, with emphasis upon oil-revenue purchasing power - 1973 through 1980

    SciTech Connect (OSTI)

    Tadayon, S.

    1984-01-01

    The study sought to provide a comprehensive investigation of changes in the Organisation of Petroleum Exporting Countries (OPEC) crude oil prices, current-account balance, and current-account surplus investments abroad. The study emphasized analysis and, to some extent, quantification of the real value, or purchasing power, of OPEC oil revenues. The research approach was descriptive-elemental to expand upon characteristics of variables identified for the study. Research questions were answered by direct findings for each question. The method utilized for the study included document research and statistical analyses of data derived. The aim was to obtain complete and accurate information. The study compiled documented data regarding OPEC's crude oil prices, current-account balance, and current-account surplus investments abroad and analyzed the purchasing power of oil revenues as time passed and events occurred over the eight years from 1973 through 1980.

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

    Energy Savers [EERE]

    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 ...

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

    SciTech Connect (OSTI)

    1998-08-01

    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.

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

    SciTech Connect (OSTI)

    Dooley, James J.

    2010-11-01

    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.

  5. OPEC production: Untapped reserves, world demand spur production expansion

    SciTech Connect (OSTI)

    Ismail, I.A.H. )

    1994-05-02

    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.

  6. Fact #836: September 1, Non-OPEC Countries Supply Nearly Two...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    ... Petroleum imports include crude oil and petroleum products. Other OPEC Countries include Algeria, Angola, Ecuador, Iraq, Kuwait, Libya, Gabon, Indonesia, Iran, Qatar, and the ...

  7. OPEC reorganization could spell relief

    SciTech Connect (OSTI)

    Crouse, P.C.

    1987-02-01

    Last year proved to be one of carnage in the oil industry, with only the large, vertically integrated, international oil companies showing strength during the oil price collapse. Independent producers and the manufacturing/service sector watched 50% or greater reductions in income. And this year holds little prospect for significant relief during its first half, although the last half could be better if and when Opec decides to once again test its strength. An Iranian victory in the Iran/Iraq war could also cause an upward movement in price. However, price instability should be less than in 1986, as the business heads toward a consensus price via political factors. The U.S. economy again showed improvement through 1986, with moderate growth of 2.6% in Gross National Product (GNP). The ongoing expansion has lasted four years and is already 17 months longer than the average peacetime expansion. However, important energy components did not show strength, and industrial production continued at level rates for the past two years.

  8. Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports

    Broader source: Energy.gov [DOE]

    Even though Saudi Arabia is the world's largest producer of petroleum, and OPEC countries produce much of the oil in the global market, the U.S. imports most of its oil from Canada, Mexico and...

  9. Feasibility of petroleum as a weapon. [USA as target of future embargo

    SciTech Connect (OSTI)

    Olabode, O.O.

    1981-01-01

    This study examines the feasibility of the oil weapon in relation to the 1973-74 Arab oil embargo and the odds attending the successful use of a future embargo with the United States as the target. The following are examined: applying economic sanctions by both developing and developed nations and factors of economic interdependence consequent of the attendant paradox of world food crisis; the growing dependence of developing nations on Western technology; the strategic dependence on critical minerals as determinants of world economic progress; the growth of Western dependence on oil; and the future outlook for a successful application of the oil embargo, including the strategy and tactics of oil-weapon diplomacy and the bases for a successful application without a boomerang on the poorer developing nations. The study brings Nigeria into focus as a candidate likely to apply the weapon and its potentialities for success; it deals with hypothetical scenarios involving successful application of the oil weapon stemming from regional conflict and the provisional arrangement for such an exercise.

  10. World oil - An essay on its spectacular 120-year rise (1859-1979), recent decline, and uncertain future

    SciTech Connect (OSTI)

    Linden, H.R.

    1987-01-01

    An analysis of the evolution of the oil security problems of import-dependent industrialized countries and of the rise and recent erosion of the market power of the major oil exporting countries, particularly those located in the Persian Gulf area. The counterproductive reaction of the United States and other large oil importers to the resulting oil supply and price instability, especially since the 1973-74 oil embargo, is critiqued. In addition, the synergism between the early commercialization of crude oil production and refining in the United States and the development of the automobile industry is discussed, and the long-term outlook for oil-base transportation fuels is assessed. OPEC's role in destabilizing the world oil market during the 1970s and its current efforts to restabilize it are evaluated, as is the likely future course of world oil prices and of U.S. and other non-OPEC production. An important finding of this study is that the share of oil in the world energy mix has peaked and will continue its downward trend and that recurring expectations for a sharp escalation of world oil prices and shortages are based on erroneous assessments of the fundamentals governing the oil business.

  11. Ecuador to withdraw from OPEC; group to maintain present flow

    SciTech Connect (OSTI)

    Not Available

    1992-09-28

    This paper reports that the Organization of Petroleum Exporting Countries, which has agreed to maintain its present combined production of 24.2 million b/d of oil in the fourth quarter, will soon see the first pullout of a member. The 13 member group will shrink to 12, probably in November, when Ecuador withdraws. Ecuador President Sixto Duran Ballen issued notice of the pullout Sept. 17, a little more than 1 month after he took office. Ecuador, strapped for cash, wants to save OPEC membership dues reported to be $2-3 million/year. It plans to remain an associate member, although it wasn't immediately clear what that means. No other countries are regarded as associate members.

  12. Limit on Saudi Arabia's oil pricing policy: a short-run econometric-simulation model

    SciTech Connect (OSTI)

    Bagour, O.S.M.

    1985-01-01

    Absence of a unified OPEC policy is largely attributed to frequent Saudi Arabian pricing/production decisions to influence oil price changes. Such demonstrated ability in the past prompted many to attribute oil price current downward rigidity to Saudi Arabian unwillingness to increase production. Empirically, this study presents a simultaneous equations oil market model in a simulation setting to test this hypothesis and to predict future oil prices under specific assumptions. Major conclusions are: (1) contrary to popular belief the international oil industry rarely, if ever, operated competitively; (2) the sole association of oil price increases to the embargo of 1973 is an outright distortion of facts; (3) the roots of the so-called energy crisis lie in: (a) post-World War II West European reconstruction, (b) US industrial adjustments from a war to a consumer-oriented economy, (c) the continuously dwindling oil reserves in major industrial countries, and (d) the comparative advantage of location and cost-per-unit of the Middle Eastern oil; (4) barring further market institutionalizations, a per barrel price below $15 by the end of 1990 (in constant 1984 prices) is not unlikely; and (5) future Saudi Arabian pricing/production policies to exert downward pressures on prices could lead to price increases, if perceived to be permanent by the OPEC group excluding Saudi Arabia.

  13. World Oil Price Cases (released in AEO2005)

    Reports and Publications (EIA)

    2005-01-01

    World oil prices in Annual Energy Outlook 2005 are set in an environment where the members of OPEC (Organization of the Petroleum Exporting Countries) 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.

  14. Fact #734: July 2, 2012 OPEC Countries Represent Less Than Half...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Fact 734: July 2, 2012 OPEC Countries Represent Less Than Half of U.S. Petroleum Imports Even though Saudi Arabia is the world's largest producer of petroleum, and OPEC countries ...

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

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Independence | Department of Energy 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

  16. The outlook for US oil dependence

    SciTech Connect (OSTI)

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

    1995-05-11

    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.

  17. EMBARGOED FOR 1 P.M. Eastern Standard Time Wed, Feb. 4, 2015

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    call for antibody 'bar code' system to follow Human Genome Project February 4, 2015 EMBARGOED FOR 1 P.M. Eastern Standard Time Wed, Feb. 4, 2015 LOS ALAMOS, N.M., Feb. 4, 2015-More...

  18. 1990s bright for post-OPEC Ecuador

    SciTech Connect (OSTI)

    Not Available

    1993-03-01

    Ecuador, in its first full year outside the fold of the Organization of Petroleum Exporting Countries, stands poised for a significant expansion of production in the 1990s. While preparing for Ecuador's eventual withdrawal from OPEC last fall, the government since early summer 1992 has moved quickly to approve a number of key development projects. It was, perhaps, no coincidence that the most important conference on Ecuadorian petroleum prospects in recent years was timed to coincide with the government's public confirmation of the pullout. All foreign companies operating in Ecuador attended, with details disclosed of projects planned or under way. This article summarizes these projects and other key issues raised at the conference.

  19. The Outlook for U.S. Oil Dependence

    SciTech Connect (OSTI)

    Greene, D.L.

    1995-01-01

    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.

  20. Fact #836: September 1, 2014 Non-OPEC Countries Supply Nearly...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Nearly Two-thirds of U.S. Petroleum Imports - Dataset Fact 836: September 1, 2014 Non-OPEC Countries Supply Nearly Two-thirds of U.S. Petroleum Imports - Dataset Excel file ...

  1. Update: US oil-import market. 1982 top 7 suppliers to US import market: how their shares changed since 1973

    SciTech Connect (OSTI)

    Not Available

    1983-03-09

    This issue updates the Energy Detente 7/09/82, which tracked US oil imports since the Arab Oil Embargo. Since then, the phrase oil glut became common even among cautious market analysts as many exporters, hard-pressed for petrodollars, produced much more than the market was prepared to absorb. To examine how the US import market has adjusted to this continued buyers market, the top seven suppliers of 1982 are tracked backwards through time. A graph shows the 1982 reversal of Mexico's and Saudi Arabia's positions in this market. The three main reasons for Mexico's strong present position in the US market are: crude costs and corresponding refined value; proximity to US refining centers; and strategic importance of Mexico's economic stability through oil sales. Interviews with various US refiners and other market observers confirm that these elements will persist during 1983, regardless of significant price cuts among OPEC and other producers. It is believed that the profitability of running heavy Maya crude in sophisticated plants will continue to look optimistic, and that Mexican crude sales to the Strategic Petroleum Reserve implies US government interest in Mexico's economic recovery, and in its stability in the light of civil wars being waged in Central America. This issue presents the Energy Detente (1) fuel price/tax series and (2) industrial fuel prices for March 1983 for countries of the Eastern Hemisphere. 6 figures, 8 tables.

  2. Fact #934: July 18, 2016 OPEC Accounts for Less than One-third of U.S.

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Petroleum Imports | Department of Energy 4: July 18, 2016 OPEC Accounts for Less than One-third of U.S. Petroleum Imports Fact #934: July 18, 2016 OPEC Accounts for Less than One-third of U.S. Petroleum Imports SUBSCRIBE to the Fact of the Week The figure below shows the volume and source of imported petroleum to the United States from 1960 to 2015. The countries which are members of OPEC (Organization of the Petroleum Exporting Countries) are shown in shades of blue while non-OPEC countries

  3. Fact #934: July 18, 2016 OPEC Accounts for Less than One-third of U.S.

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Petroleum Imports - Dataset | Department of Energy 4: July 18, 2016 OPEC Accounts for Less than One-third of U.S. Petroleum Imports - Dataset Fact #934: July 18, 2016 OPEC Accounts for Less than One-third of U.S. Petroleum Imports - Dataset Excel file and dataset for OPEC Accounts for Less than One-third of U.S. Petroleum Imports fotw#934_web.xlsx (31.21 KB) More Documents & Publications Fact #836: September 1, 2014 Non-OPEC Countries Supply Nearly Two-thirds of U.S. Petroleum Imports -

  4. Filling the Strategic Petroleum Reserve

    Broader source: Energy.gov [DOE]

    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...

  5. Filling the Strategic Petroleum Reserve | Department of Energy

    Office of Environmental Management (EM)

    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 ...

  6. Winners and losers from cheaper oil

    SciTech Connect (OSTI)

    Boyer, E.

    1984-11-26

    Oil prices are slipping despite OPEC's efforts to prop them up by cutting production. Abundant oil and slack demand will press prices into a substantial drop. That portends more growth, less inflation, and good news for industries, especially the airline and automobile industries. Banks and some oil companies could be hurt, but chemical and steel companies will benefit. Concerns that the country will drop conservation efforts overlook the efficiency improvements already embedded in new machinery and automobiles and the insulation installed in buildings.

  7. Oil

    Broader source: Energy.gov [DOE]

    The Energy Department works to ensure domestic and global oil supplies are environmentally sustainable and invests in research and technology to make oil drilling cleaner and more efficient.

  8. Fact #836: September 1, Non-OPEC Countries Supply Nearly Two-thirds of U.S. Petroleum Imports

    Broader source: Energy.gov [DOE]

    The figure below shows the volume and source of imported petroleum to the United States from 1960 to 2013. The countries which are members of OPEC (Organization of the Petroleum Exporting Countries...

  9. The oil policies of the Gulf Arab Nations

    SciTech Connect (OSTI)

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

    1995-03-01

    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.

  10. Fact #836: September 1, 2014 Non-OPEC Countries Supply Nearly Two-thirds of U.S. Petroleum Imports – Dataset

    Broader source: Energy.gov [DOE]

    Excel file with dataset for Fact #836: Non-OPEC Countries Supply Nearly Two-thirds of U.S. Petroleum Imports

  11. Table 5.20 Value of Crude Oil Imports From Selected Countries, 1973-2011 (Thousand Dollars )

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

    0 Value of Crude Oil Imports From Selected Countries, 1973-2011 (Thousand Dollars 1) Year Persian Gulf 3 Selected OPEC 2 Countries Selected Non-OPEC 2 Countries Total 5 Kuwait Nigeria Saudi Arabia Venezuela Total OPEC 4 Canada Colombia Mexico Norway United Kingdom Total Non-OPEC 4 1973 1,729,733 W 1,486,278 904,979 753,195 5,237,483 1,947,422 W – 0 0 2,351,931 7,589,414 1974 4,419,410 W 3,347,351 1,858,788 1,309,916 11,581,515 3,314,999 0 W – 0 4,054,475 15,635,990 1975 5,169,811 W 3,457,766

  12. Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumption,

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    2007 | Department of Energy 8: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 The United States was responsible for 8% of the world's petroleum production, held 2% of the world's crude oil reserves, and consumed 24% of the world's petroleum consumption in 2007. The Organization for Petroleum Exporting Countries (OPEC) held 69% of the world's crude oil reserves and produced 41% of world

  13. Economic diplomacy. The political dynamics of oil leverage

    SciTech Connect (OSTI)

    Daoudi, M.S.; Dajani, M.S.

    1985-01-01

    This study probes the 1973-1974 Arab oil embargo, detailing its history, the motivations that caused it and its ripple effect on world politics and the international economic order. The authors examine the interruption of oil supplies to Western Europe during the 1956 Suez Canal crisis, the growing momentum of Arab oil leverage beginning with the First Arab Petroleum Congress in 1959, the decline of the oil companies' domination of the petroleum industry, and the Arab political environment between the 1967 Arab defeat and the 1973 Arab oil embargo. The book concludes with a discussion of the lessons to be learned from the recent embargoes.

  14. Oil prices in a new light

    SciTech Connect (OSTI)

    Fesharaki, F. )

    1994-05-01

    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.

  15. War curbs oil exports by Iran and Iraq

    SciTech Connect (OSTI)

    Not Available

    1980-09-29

    A discussion of the effects of the war between Iran and Iraq on oil exports from the area covers damage (extent unknown) to the Abadan, Iran, and Basra, Iraq, oil refineries, to the Iraqi petrochemical complex under construction at Basra, to oil export terminals at Kharg Island and Mina-al-Bakr, and to other oil facilities; war-caused reductions in oil production, refining, shipping, and export, estimated at 2.05-3.35 million bbl/day; the possible effects of the war on OPEC's decisions concerning oil production and pricing; the significance of the Strait of Hormuz for the export of oil by several countries in addition to the belligerents; the U.S. and non-Communist oil stocks which might enable the world to avoid an oil shortage if the war is ended in the near future; and the long-term effects of the war on Iran's and Iraq's oil industries.

  16. How might North American oil and gas markets have performed with a Free Trade Agreement in 1970?

    SciTech Connect (OSTI)

    Watkins, G.C.; Waverman, L.

    1993-12-31

    Deregulation on both sides of the U.S.-Canadian border has made certain aspects of trade agreements largely superfluous in the near term. It is over the longer term that the impact of the NAFTA will become apparent. To grapple with this issue, simulations are attempted of oil and gas trade between the United States and Canada as if the NAFTA had been in place before the first oil price shock of 1973. The simulations suggest substantial additional exports of Canadian oil and gas would have enabled the United States to back out volumes of OPEC oil during the critical years of the late 1970s and early 1980s. This would have served to dampen world oil markets during the years of OPEC ascendancy-not dramatically, but not negligibly either. By promoting closer integration of energy markets, the NAFTA should lead to more cohesive North American responses to any future world oil shocks. 13 refs., 8 tabs.

  17. Fact #632: July 19, 2010 The Costs of Oil Dependence | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    2: July 19, 2010 The Costs of Oil Dependence Fact #632: July 19, 2010 The Costs of Oil Dependence The United States has long recognized the problem of oil dependence and the economic problems that arise from it. According to Oak Ridge National Laboratory (ORNL) researchers Greene and Hopson, oil dependence is a combination of four factors: (1) a noncompetitive world oil market strongly influenced by the OPEC cartel, (2) high levels of U.S. imports, (3) the importance of oil to the U.S. economy,

  18. Microsoft Word - high-oil-price.doc

    Gasoline and Diesel Fuel Update (EIA)

    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

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

    Reports and Publications (EIA)

    2008-01-01

    Annual Energy Outlook 2008 (AEO) 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 (Organization for Economic Cooperation and Development) countries, which include China and India; the rising costs of conventional non-OPEC (Organization of the Petroleum Exporting Countries) 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. The Energy Information Administration will continue to monitor world oil price trends and may need to make further adjustments in future AEOs.

  20. The commanding heights of oil: Control over the International oil market

    SciTech Connect (OSTI)

    Krapels, E.N.

    1992-01-01

    The Commanding Heights of Oil is an analysis of oil's role in the international environment. It identifies the degree of control over oil in terms of what is asserted as the most important processes and factors that determine the condition of international affairs: (1) The state of oil demand in relation to the capacity to supply, with special emphasis on the amount of spare production capacity; (2) The nature of the business, and how the structure of the industry changes over time as companies cope with the risks peculiar to an extremely capital intensive enterprise; (3) The financial strength of the parties contending for control, including their ability to outlast their opponents in contests for influence over oil affairs; and (4) The nature of the mechanisms whereby the governments and companies strive to create a situation in which they do not have to rely on price to balance supply and demand. Each of the four central factors was prominent at every major turn of the international oil market over the decades. The dissertation argues that the international oil market was controlled in the past by first a group of companies, and, later, a group of countries, for a combination of reasons that is unlikely to be repeated. That does not mean that the 1990s will be spared oil price shocks such as occurred in the 1970s and 1980s. It does suggest that those shocks are unlikely to last long, that OPEC members are unlikely to be able to leverage their position in oil into larger positions in world affairs. It means that oil is unlikely to play as prominent a role in world affairs in the 1990s as it has in the past, even if oil demand, and along with it dependence on OPEC oil, rises.

  1. Costs of Imported Crude Oil by Selected Country

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

    OPEC Algeria Indonesia Mexico Nigeria Saudi Arabia United Kingdom Venezuela Other Countries Arab OPEC b Total OPEC c 1978 ... 14.12 13.61 13.24 14.05...

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

    SciTech Connect (OSTI)

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

    1993-03-01

    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.

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

    SciTech Connect (OSTI)

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

    1993-03-01

    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.

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

    SciTech Connect (OSTI)

    Greene, D.L.

    1993-01-01

    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.

  5. Stochastic Energy Deployment System (SEDS) World Oil Model (WOM)

    Energy Science and Technology Software Center (OSTI)

    2009-08-07

    The function of the World Oil Market Model (WOMM) is to calculate a world oil price. SEDS will set start and end dates for the forecast period, and a time increment (assumed to be 1 year in the initial version). The WOMM will then randomly select an Annual Energy Outlook (AEO) oil price case and calibrate itself to that case. As it steps through each year, the WOMM will generate a stochastic supply shock tomore » OPEC output and accept a new estimate of U.S. petroleum demand from SEDS. The WOMM will then calculate a new oil market equilibrium for the current year. The world oil price at the new equilibrium will be sent back to SEDS. When the end year is reached, the process will begin again with the selection of a new AEO forecast. Iterations over forecasts will continue until SEDS has completed all its simulation runs.« less

  6. Stochastic Energy Deployment System (SEDS) World Oil Model (WOM)

    SciTech Connect (OSTI)

    2009-08-07

    The function of the World Oil Market Model (WOMM) is to calculate a world oil price. SEDS will set start and end dates for the forecast period, and a time increment (assumed to be 1 year in the initial version). The WOMM will then randomly select an Annual Energy Outlook (AEO) oil price case and calibrate itself to that case. As it steps through each year, the WOMM will generate a stochastic supply shock to OPEC output and accept a new estimate of U.S. petroleum demand from SEDS. The WOMM will then calculate a new oil market equilibrium for the current year. The world oil price at the new equilibrium will be sent back to SEDS. When the end year is reached, the process will begin again with the selection of a new AEO forecast. Iterations over forecasts will continue until SEDS has completed all its simulation runs.

  7. Table 25. Landed Costs of Imported Crude Oil by Selected Country

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

    OPEC Algeria Canada Indonesia Mexico Nigeria Saudi Arabia United Kingdom Venezuela Other Countries Arab OPEC a Total OPEC b 1978 ... 14.93 14.41 14.65...

  8. History of western oil shale

    SciTech Connect (OSTI)

    Russell, P.L.

    1980-01-01

    The history of oil shale in the United States since the early 1900's is detailed. Research on western oil shale probably began with the work of Robert Catlin in 1915. During the next 15 years there was considerable interest in the oil shales, and oil shale claims were located, and a few recovery plants were erected in Colorado, Nevada, Utah, Wyoming, and Montana. Little shale soil was produced, however, and the major oil companies showed little interest in producing shale oil. The early boom in shale oil saw less than 15 plants produce a total of less than 15,000 barrels of shale oil, all but about 500 barrels of which was produced by the Catlin Operation in Nevada and by the US Bureau of Mines Rulison, Colorado operation. Between 1930 and 1944 plentiful petroleum supplies at reasonable prices prevent any significant interest in shale oil, but oil shortages during World War II caused a resurgence of interest in oil shale. Between 1940 and 1969, the first large-scale mining and retorting operations in soil shale, and the first attempts at true in situ recovery of shale oil began. Only 75,000 barrels of shale oil were produced, but major advancements were made in developing mine designs and technology, and in retort design and technology. The oil embargo of 1973 together with a new offering of oil shale leases by the Government in 1974 resulted in the most concentrated efforts for shale oil production to date. These efforts and the future prospects for shale oil as an energy source in the US are discussed.

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

    ScienceCinema (OSTI)

    Kaufmann, Robert [Boston University, Boston, Massachusetts, United States

    2010-01-08

    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.

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

    SciTech Connect (OSTI)

    Greene, David L; Hopson, Dr Janet L; Li, Jia

    2005-01-01

    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.

  11. Soviet Union oil sector outlook grows bleaker still

    SciTech Connect (OSTI)

    Not Available

    1991-08-12

    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.

  12. Oil industry investment and research as portfolio choices

    SciTech Connect (OSTI)

    Helfat, C.E.

    1985-01-01

    The Tobin-Markowitz portfolio selection model is used to test two hypotheses: (1) the oil price increase of 1973-74 altered the structure of oil industry risks and returns in favor of certain types of research and investment; (2) the altered structure of risks and their correlations affected the allocation of funds to capital investment and research and development in the oil industry. To test these hypotheses, the efficient frontiers of investment and R and D projects for a representative firm in the oil industry are derived empirically, pre-embargo and post-embargo. In deriving the efficient frontiers, the Tobin-Markowitz model is altered to account for an asset whose supply to the industry if fixed and whose price is determined endogenously from the portfolio selection model itself. This asset is an offshore oil tract. The government fixes the supply of offshore oil tracts to the industry, for which the firms submit sealed bids. Because the returns to investment in offshore oil covary with the returns to other types of industry investment and R and D, firms determine the price to bid for a tract in conjunction with the allocation of funds to all of the firm's projects. Both the actual expenditure shares by the industry and those predicted by the model showed an increased share of the portfolio devoted to offshore oil investment and a decreased share to other projects after the embargo.

  13. The United States remains unprepared for oil import disruptions. Volume I. summary: includes conclusions and recommendations. Report to the Congress

    SciTech Connect (OSTI)

    Not Available

    1981-09-29

    The U.S. Government is almost totally unprepared to deal with disruptions in oil imports. Oil import disruptions--such as the 1973 oil embargo and the 1979 Iranian shortfall--pose a significant threat to national security, and the lack of effective contingency planning and program development to data is serious and requires immediate attention. The Government must make a determined commitment to emergency preparedness now, while oil markets are slack, to prepare for any future disruption.

  14. Demand for oil and energy in developing countries

    SciTech Connect (OSTI)

    Wolf, C. Jr.; Relles, D.A.; Navarro, J.

    1980-05-01

    How much of the world's oil and energy supply will the non-OPEC less-developed countries (NOLDCs) demand in the next decade. Will their requirements be small and thus fairly insignificant compared with world demand, or large and relatively important. How will world demand be affected by the economic growth of the NOLDCs. In this report, we try to develop some reasonable forecasts of NOLDC energy demands in the next 10 years. Our focus is mainly on the demand for oil, but we also give some attention to the total commercial energy requirements of these countries. We have tried to be explicit about the uncertainties associated with our forecasts, and with the income and price elasticities on which they are based. Finally, we consider the forecasts in terms of their implications for US policies concerning the NOLDCs and suggest areas of future research on NOLDC energy issues.

  15. U.S. oil dependence 2014: Is energy independence in sight?

    DOE Public Access Gateway for Energy & Science Beta (PAGES Beta)

    Greene, David L.; Liu, Changzheng

    2015-06-10

    The importance of reducing U.S. oil dependence may have changed in light of developments in the world oil market over the past two decades. Since 2005, increased domestic production and decreased oil use have cut U.S. import dependence in half. The direct costs of oil dependence to the U.S. economy are estimated under four U.S. Energy Information Administration Scenarios to 2040. The key premises of the analysis are that the primary oil market failure is the use of market power by OPEC and that U.S. economic vulnerability is a result of the quantity of oil consumed, the lack of readilymore » available, economical substitutes and the quantity of oil imported. Monte Carlo simulations of future oil market conditions indicate that the costs of U.S. oil dependence are likely to increase in constant dollars but decrease relative to U.S. gross domestic product unless oil resources are larger than estimated by the U.S. Energy Information Administration. In conclusion, reducing oil dependence therefore remains a valuable goal for U.S. energy policy and an important co-benefit of mitigating greenhouse gas emissions.« less

  16. U.S. oil dependence 2014: Is energy independence in sight?

    SciTech Connect (OSTI)

    Greene, David L.; Liu, Changzheng

    2015-06-10

    The importance of reducing U.S. oil dependence may have changed in light of developments in the world oil market over the past two decades. Since 2005, increased domestic production and decreased oil use have cut U.S. import dependence in half. The direct costs of oil dependence to the U.S. economy are estimated under four U.S. Energy Information Administration Scenarios to 2040. The key premises of the analysis are that the primary oil market failure is the use of market power by OPEC and that U.S. economic vulnerability is a result of the quantity of oil consumed, the lack of readily available, economical substitutes and the quantity of oil imported. Monte Carlo simulations of future oil market conditions indicate that the costs of U.S. oil dependence are likely to increase in constant dollars but decrease relative to U.S. gross domestic product unless oil resources are larger than estimated by the U.S. Energy Information Administration. In conclusion, reducing oil dependence therefore remains a valuable goal for U.S. energy policy and an important co-benefit of mitigating greenhouse gas emissions.

  17. Ecuador still grappling over privatization as oil flow rises

    SciTech Connect (OSTI)

    Not Available

    1993-11-08

    Ecuador continues to grapple with efforts to privatize its petroleum sector a year after disclosing its plans to withdraw from the Organization of Petroleum Exporting Countries. One of OPEC's smallest members, Ecuador last year said it would leave the group in March 1993, citing high membership costs and minimal benefits. Industry observers also noted at the time Ecuador's plans to sharply boost production this century might run afoul of its OPEC quota. Political controversy is stalling efforts to implement a new reform oriented hydrocarbon law in Ecuador that would open the country's petroleum sector to greater participation by foreign companies and privatize state petroleum companies, including Petroleos del Ecuador (Petroecuador). That comes even as foreign contractors' participation in Ecuador's upstream sector are making a significant contribution to boosting the country's oil production, which had remained flat for a number of years. The paper discusses the status of the new law, the controversy surrounding reforms, the master plan, environmental concerns, reserves and production, Petroecuador activity, planned pipeline work, service contracts, start-up of Oxy, details of Oxy development, and Elf's start-up.

  18. Updated Hubbert curves analyze world oil supply

    SciTech Connect (OSTI)

    Ivanhoe, L.F.

    1996-11-01

    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.

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

    SciTech Connect (OSTI)

    Crockett, B.D.

    1997-12-01

    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.

  20. Energy & Financial Markets - Crudeoil - U.S. Energy Information

    Gasoline and Diesel Fuel Update (EIA)

    Administration (EIA) 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 member countries produce about 40 percent of the world's crude oil. Equally important to global prices, OPEC's oil

  1. This Week In Petroleum Printer-Friendly Version

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    OPEC would increase production quotas (and thus production) when they meet in Osaka, Japan on September 19, statements from some OPEC oil ministers are adding doubt into the...

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

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

    Markets , 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

  3. EIA Report 9/2/08 - Hurricane Impacts on U.S. Oil & Natural Gas Energy

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

    Markets , 4:00 pm See current U.S. Oil and Natural Gas Market Impacts Prices NYMEX Futures Prices (for October delivery) 9/2/2008 8/29/2008 change Week Ago 8/26/2008 Year Ago 9/4/2007 WTI Crude Oil ($/Bbl) 109.71 115.46 -5.75 116.27 75.08 Gasoline RBOB* (c/gal) 273.37 285.42 -12.05 285.97 199.10 Heating Oil (c/gal) 307.36 319.19 -11.83 323.44 207.95 Natural Gas ($/MMBtu) 7.26 7.94 -0.68 8.39 5.63 OPEC Basket ($Bbl) NA 111.23 NA 110.51 70.88 *RBOB = Reformulated Blendstock for Oxygenate

  4. Oil and economic performance in industrial countries

    SciTech Connect (OSTI)

    Nordhaus, W.D.

    1980-01-01

    The Organization for Economic Co-operation and Development (OECD) countries have experienced slower economic growth and periods of discontinuity in the energy market since the 1973-74 oil embargo. A review of this phenomenon examines changes in the market during the 1960s and 70s, linkages between oil prices and economic performance, and appropriate policy responses. When price elasticities are calculated over time, recent US economic behavior appears to have both historical and cross-sountry consistency. Little flexibility is seen in the available energy-using technologies for producing goods and services, while energy-using capital has been sluggish. Dr. Nordhaus advocates high oil price and high tax policies as the best way to limit demand without slowing economic growth. (DCK)

  5. Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures"

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

    1. Total Fuel Oil Consumption and Expenditures, 1999" ,"All Buildings Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings (thousand)","Floorspac...

  6. Oil and gas developments in central and southern Africa in 1987

    SciTech Connect (OSTI)

    Hartman, J.B.; Walker, T.L.

    1988-10-01

    Significant rightholding changes took place in central and southern Africa during 1987. Angola, Benin, Congo, Gabon, Ghana, Guinea, Guinea Bissau, Mauritania, Seychelles, Somali Republic, Tanzania, Zaire, and Zambia announced awards or acreage open for bidding. Decreases in exploratory rightholdings occurred in Cameroon, Congo, Cote d'Ivoire, Equatorial Guinea, Gabon, Kenya, Namibia, South Africa, and Tanzania. More wells and greater footage were drilled in 1987 than in 1986. Total wells increased by 18% as 254 wells were completed compared to 217 in 1986. Footage drilled during the year increased by 46% as about 1.9 million ft were drilled compared to about 1.3 million ft in 1986. The success rate for exploration wells in 1987 improved slightly to 36% compared to 34% in 1986. Significant discoveries were made in Nigeria, Angola, Congo, and Gabon. Seismic acquisition in 1987 was the major geophysical activity during the year. Total oil production in 1987 was 773 million bbl (about 2.1 million b/d), a decrease of 7%. The decrease is mostly due to a 14% drop in Nigerian production, which comprises 60% of total regional production. The production share of OPEC countries (Nigeria and Gabon) versus non-OPEC countries of 67% remained unchanged from 1986. 24 figs., 5 tabs.

  7. Crude oil resource appraisal in the United States

    SciTech Connect (OSTI)

    Uri, N.D.

    1980-07-01

    Past experience supported an optimistic view of US oil resources prior to the Arab embargo of 1973, although some were aware that exploration and production were declining. An approach to estimating producible reserves, combining the engineering and econometric techniques, uses geologic estimates and a structural model to project when production will peak, the quantity that will be produced, and the time distribution of production. The results indicate that aggregate production will increase with the real price of oil. At $45 per barrel, 20 to 30 billion more barrels will be produced. 18 references. (DCK)

  8. World oil trends

    SciTech Connect (OSTI)

    Anderson, A. )

    1991-01-01

    This book provides data on many facets of the world oil industry topics include; oil consumption; oils share of energy consumption; crude oil production; natural gas production; oil reserves; prices of oil; world refining capacity; and oil tankers.

  9. Impact of oil shortage on plastic medical supplies

    SciTech Connect (OSTI)

    Clark, G.B.; Kline, B.

    1981-03-01

    There is good evidence that production of plastic medical equipment may be a minuscule fraction of the overall petrochemical industry; yet, it is not immune to serious supply shortfall in an oil shortage crisis of either economic or military nature. In support of this allegation, researchers have introduced documented evidence that the US health care industry experienced plastic supply shortfall in the form of increased lead time and cost as a direct result of the 1973-1974 embargo. The industry was fortunate in that there was some cushion effect from residual inventories and that the embargo did not last longer. As a further example, it has been shown that the British industry was not so fortunate; it experienced definite signs of medical plastic shortfall and reaction by the medical profession. The US industry, from manufacturer to consumer, lacks contingency planning in spite of lessons learned from the last embargo. Contrary to the apparent consensus of popular opinion, plan is more than a four-lettered word. More planning and implementation is required if the US health care industry is to be ready to cope with the next oil shortage crisis.

  10. Naval Petroleum and Oil Shale Reserves. Annual report of operations

    SciTech Connect (OSTI)

    Not Available

    1982-10-01

    The Naval Petroleum and Oil Shale Reserves (NPOSR), created to provide a source of liquid fuels for the armed forces during national emergencies, were established by a series of Executive Orders between 1912 and 1924. Following the 1973 to 1974 Arab Oil Embargo, which demonstrated the Nation's vulnerability to oil supply interruptions, the Congress authorized and directed in 1974 that the Reserves be explored and developed to their full economic and productive potential. In October 1981, the President notified the Congress of his decision to extend production of the Naval Petroleum Reserves to April 6, 1985. That decision became final when the Congress did not exercise its authority to disapprove the action. With regard to the Naval Oil Shale Reserves (NOSRs), a program was initiated in 1977 to examine the resource for development and subsequent production should national defense requirements so dictate.

  11. Assessing world energy in the wake of the Iran/Iraq war: an oil shortage proves elusive. [Monograph

    SciTech Connect (OSTI)

    Randol, W.L.; Verleger, P.K. Jr.; Clayman, M.

    1981-01-01

    A reassessment of world energy supplies was made in the wake of curtailed exports during the Iran/Iraq war and the corresponding increase in world oil prices, the drop in oil consumption, the widening economic recession, and US decontrol of oil. The report concludes that present worldwide levels of oil production are adequate to satisfy projected levels of consumption through 1981. This leaves the world energy system in balance even if oil exports from Iran and Iraq remain at minimal levels for the year. Past overestimation of demand makes it more likely that this year's consumption will fall short of the projection. The way in which Saudi Arabia's output is cut will be the key to oil pricing in 1981, the authors feel, but the likely approach will be a gradual reduction in production that will allow the Saudis to regain control of OPEC. The effects of a receding demand for oil have been intensified by high US interest rates and the spreading recession. The effect of immediate decontrol of petroleum is likely to compound the trend for reduced consumption and a corresponding increase in efficiency. 2 figures, 2 tables.

  12. This Week In Petroleum Printer-Friendly Version

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    in non-OPEC production in recent years as a key cause of the current high oil price environment. The imbalance between growth in world oil consumption and non-OPEC oil...

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

    Energy Savers [EERE]

    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)...

  14. Venezuelan oil

    SciTech Connect (OSTI)

    Martinez, A.R. )

    1989-01-01

    Oil reserves have been known to exist in Venezuela since early historical records, however, it was not until the 20th century that the extensive search for new reserves began. The 1950's marked the height of oil exploration when 200 new oil fields were discovered, as well as over 60{percent} of proven reserves. Venezuela now produces one tone in seven of crude oil consumption and the country's abundant reserves such as the Bolivar Coastal field in the West of the country and the Orinoco Belt field in the East, will ensure it's continuing importance as an oil producer well into the 21st century. This book charts the historical development of Venezuela oil and provides a chronology of all the significant events which have shaped the oil industry of today. It covers all the technical, legal, economic and political factors which have contributed to the evolution of the industry and also gives information on current oil resources and production. Those events significant to the development of the industry, those which were influential in shaping future policy and those which precipitated further action are included. The book provides a source of reference to oil companies, oil economists and petroleum geologists.

  15. Energy: elusive solutions

    SciTech Connect (OSTI)

    Velocci, T.

    1980-08-01

    The author states that America's seven-year search for answers to the energy crisis has produced more promise than substance. In fact, the US is even more dependent on imported oil today than it was in 1973 when the Arabs slapped on their economy-busting embargo. US imports have risen from 35% then to 40% now of daily oil consumption. The price of a barrel has doubled since last year and US product is sagging. Synthetic fuels from oil shale and coal deposits and conservation are still seen as the only solution to US independence from OPEC nations. (PSB)

  16. ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures"

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

    4. Fuel Oil Consumption and Expenditure Intensities for Non-Mall Buildings, 2003" ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures" ,"per Building (gallons)","per Square Foot...

  17. ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures"

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

    2. Fuel Oil Consumption and Expenditure Intensities, 1999" ,"Fuel Oil Consumption",,,"Fuel Oil Expenditures" ,"per Building (gallons)","per Square Foot (gallons)","per Worker...

  18. 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 Petroleum Products Natural Gas Coal Purchased Electricity Purchased Steam Period: Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Product Area 2010 2011 2012 2013 2014 2015 View History U.S. 0 0 0 0 0 0 1986-2015 East Coast (PADD 1) 0 0 0 0

  19. 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 (OSTI)

    Greene, David L

    2007-02-01

    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.

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

    SciTech Connect (OSTI)

    Keophumihae, S.

    1985-01-01

    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.

  1. The International Energy Agency's mandatory oil sharing agreement: Tests of efficiency, equity, and practicality: (Final report)

    SciTech Connect (OSTI)

    Horwich, G.; Jenkins-Smith, H.; Weimer, D.L.

    1986-01-01

    The International Energy Program Agreement, which created the International Energy Agency (IEA) in November 1974, establishes a system for the mandatory sharing of petroleum during severe oil supply disruptions. Development of the agreement was initiated by then Secretary of State Henry Kissinger during the attempted embargo of oil shipments to the US and The Netherlands by the Organization of Arab Petroleum Exporting Countries in 1973. Kissinger feared that the scramble for oil supplies would strain the Western alliance and contribute to a Western European ''tilt'' toward the Arab position in the Mideast. A new framework for international cooperation in the sharing of oil during oil embargoes and other supply disruptions seemed desirable; ensuring everyone their ''fair share'' would help blunt the oil weapon. Twenty-one countries, including the United States, Japan, and all the countries of Western Europe except France, affirmed this view through their membership in the IEA. The mechanism intended to achieve ''fair'' distribution of petroleum during severe disruptions is the Emergency Sharing System (ESS). Our evaluation of the ESS attempts to answer three questions: First, what would be the economic consequences for the US and other IEA members if sharing were to be implemented. Second, how do limitations in information and market control hinder implementation. Third, in light of such impediments, what are likely to be the actual economic consequences of attempted implementation.

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

    Gasoline and Diesel Fuel Update (EIA)

    U.S. Energy Information Administration (EIA) 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 member countries produce about 40 percent of the world's crude oil. Equally important to

  3. jul01

    Gasoline and Diesel Fuel Update (EIA)

    Overview OPEC and World Oil Prices Since it is clear that OPEC does not intend to increase production quotas at this time, we presume that the weakening in oil prices that has ...

  4. ,"Total Fuel Oil Expenditures

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

    A. Fuel Oil Expenditures by Census Region for All Buildings, 2003" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per Gallon",,,,"per...

  5. ,"Total Fuel Oil Consumption

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

    A. Fuel Oil Consumption (gallons) and Energy Intensities by End Use for All Buildings, 2003" ,"Total Fuel Oil Consumption (million gallons)",,,,,"Fuel Oil Energy Intensity...

  6. ,"Total Fuel Oil Expenditures

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

    . Fuel Oil Expenditures by Census Region for Non-Mall Buildings, 2003" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per...

  7. ,"Total Fuel Oil Consumption

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

    0. Fuel Oil Consumption (gallons) and Energy Intensities by End Use for Non-Mall Buildings, 2003" ,"Total Fuel Oil Consumption (million gallons)",,,,,"Fuel Oil Energy Intensity...

  8. ,"Total Fuel Oil Expenditures

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

    4. Fuel Oil Expenditures by Census Region, 1999" ,"Total Fuel Oil Expenditures (million dollars)",,,,"Fuel Oil Expenditures (dollars)" ,,,,,"per Gallon",,,,"per Square Foot"...

  9. Oil and gas potential of Papua New Guinea

    SciTech Connect (OSTI)

    Durkee, E.F.; Stewart, W.D.; Sandy, M.J.; Francis, G.; Shaw, R.D.

    1986-07-01

    Papua New Guinea (PNG) lies at the eastern end of the Indonesian Archipelago. Its coincidence with the collision zone between the Australian continental plate and the Pacific plate has influenced the geologic evolution of the country. These two major features have rubbed, abraded, overridden, penetrated, and slid by each other to form the geologic complex of basins, uplifts, foundered blocks, and volcanic zones known today as PNG. Since the turn of the century, exploration for oil and gas has produced a melange of data, ideas, and theories, which perhaps are more complex than the physical geology of the region itself. In 1982, the PNG Department of Minerals and Energy initiated a comprehensive study of the hydrocarbon potential of the country through its Geological Survey. The study was financed through International Monetary Fund (World Bank) and OPEC funds. As a result of this work, exploration potential was demonstrated, new play concepts were proposed, and new exploration efforts were introduced following a call for international tenders. These results will be outlined and illustrated.

  10. highlights

    Gasoline and Diesel Fuel Update (EIA)

    00 Highlights International Oil Markets International Oil Supply: This forecast assumes that OPEC 10 (Organization of Petroleum Exporting Countries excluding Iraq) crude oil ...

  11. Total Crude Oil and Products Imports from All Countries

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

    Country: All Countries Persian Gulf OPEC Algeria Angola Ecuador Indonesia 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 Bosnia and Herzegovina Brazil Brunei Bulgaria Burma Cameroon Canada Chad Chile China Colombia Congo (Brazzaville) Congo (Kinshasa) Cook Islands Costa Rica Croatia Curacao Cyprus Czech Republic Denmark Dominican Republic Egypt

  12. Total Crude Oil and Products Imports from All Countries

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

    Country: All Countries Persian Gulf OPEC Algeria Angola Ecuador Indonesia 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 Bosnia and Herzegovina Brazil Brunei Bulgaria Burma Cameroon Canada Chad Chile China Colombia Congo (Brazzaville) Congo (Kinshasa) Cook Islands Costa Rica Croatia Curacao Cyprus Czech Republic Denmark Dominican Republic Egypt

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

    SciTech Connect (OSTI)

    Not Available

    1990-03-26

    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.

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

    Broader source: Energy.gov (indexed) [DOE]

    Northeast Home Heating Oil Reserve System (Heating Oil) PIA - Northeast Home Heating Oil Reserve System (Heating Oil) (3.31 MB) More Documents & Publications PIA - WEB Physical ...

  15. FCC Pilot Plant Results with Vegetable Oil and Pyrolysis Oil...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    FCC Pilot Plant Results with Vegetable Oil and Pyrolysis Oil Feeds FCC Pilot Plant Results with Vegetable Oil and Pyrolysis Oil Feeds Breakout Session 2: Frontiers and Horizons ...

  16. Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures...

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

    A. Total Fuel Oil Consumption and Expenditures for All Buildings, 2003" ,"All Buildings Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings...

  17. Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures...

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

    . Total Fuel Oil Consumption and Expenditures for Non-Mall Buildings, 2003" ,"All Buildings* Using Fuel Oil",,,"Fuel Oil Consumption",,"Fuel Oil Expenditures" ,"Number of Buildings...

  18. Petroleum coke supply: present problems and future prospects

    SciTech Connect (OSTI)

    Brandt, H.H.

    1982-08-01

    Since the 1973 OPEC oil embargo, the coke market's strength has gradually shifted, for the most part, from the buyer to the seller. This general assessment is subject to localized exceptions and temporary reversals (such as the present market weakness due to the low level of primary aluminum production). However, there are two major factors which will influence the trend toward higher coke prices for anode use by aluminum producers: decreasing supplies of high-quality coke, and revised marketing strategies of coke producers.

  19. This Week In Petroleum Summary Printer-Friendly Version

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    outside of the OPEC accounts for most of the world's production (59 percent in 2011), making prospects for non-OPEC production critical to the outlook for world oil markets....

  20. This Week In Petroleum Printer-Friendly Version

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    over the coming year. EIA projections regarding the call on OPEC reflect our assessment of world oil demand and net supply changes from non-OPEC producers. Projected world...

  1. Oil & Gas Research

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Oil & Gas Research Unconventional Resources NETL's onsite research in unconventional ... quantify potential risks associated with oil and gas resources in shale reservoirs that ...

  2. Oil and Gas

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Oil and Gas Oil and Gas R&D focus on the use of conventional and unconventional fossil fuels, including associated environmental challenges Contact thumbnail of Business ...

  3. Oil Security Metrics Model

    SciTech Connect (OSTI)

    Greene, David L.; Leiby, Paul N.

    2005-03-06

    A presentation to the IWG GPRA USDOE, March 6, 2005, Washington, DC. OSMM estimates oil security benefits of changes in the U.S. oil market.

  4. Biochemically enhanced oil recovery and oil treatment

    DOE Patents [OSTI]

    Premuzic, E.T.; Lin, M.

    1994-03-29

    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.

  5. Biochemically enhanced oil recovery and oil treatment

    DOE Patents [OSTI]

    Premuzic, Eugene T.; Lin, Mow

    1994-01-01

    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.

  6. Oil Production

    Energy Science and Technology Software Center (OSTI)

    1989-07-01

    A horizontal and slanted well model was developed and incorporated into BOAST, a black oil simulator, to predict the potential production rates for such wells. The HORIZONTAL/SLANTED WELL MODEL can be used to calculate the productivity index, based on the length and location of the wellbore within the block, for each reservoir grid block penetrated by the horizontal/slanted wellbore. The well model can be run under either pressure or rate constraints in which wellbore pressuresmore » can be calculated as an option of infinite-conductivity. The model can simulate the performance of multiple horizontal/slanted wells in any geometric combination within reservoirs.« less

  7. Propagation of prices in the oil industry. [Monograph

    SciTech Connect (OSTI)

    Kisselgoff, A.

    1980-01-01

    The main thrust of this report is the development of a price record that would provide a basis for the identification of the areas of activity in the oil industry in which significant price changes have occurred, with expectation that this type of information could serve as a useful ingredient in the policy-making process. The study presents estimates of the selling price of a barrel of oil at three stages of operations of the industry - the wellhead, the refinery, and the end-use levels. Prices of individual classes of petroleum products at refineries and at the end-use level were also estimated. The price data are provided for benchmark years 1958, 1963, 1967, and 1972, as well as for 1973, 1974, 1975, and 1976 when crude oil prices rose considerably. The estimating procedure is briefly described in the study. The examination of the transmission of prices from market to market within the oil industry shows that the steep rise in 1973-1974 prices paid by end-users of petroleum products was due not only to the large increases in crude oil prices but also to the sizable increases in gross operating margins-labor costs, transportation, profits, etc. - at the refinery and distribution levels. In the post-embargo years of 1975 and 1976, prices continued to advance but at a slower pace. The refiners' gross margins in 1975, however, declined somewhat; they rose significantly above the 1974 level in 1976. The marketers' margins made further gains in 1975, but exhibited a decrease in 1976. The study includes a short discussion of the effects of rising oil prices in 1973-1976 on the profitability of the petroleum industry and the general price level.

  8. Eco Oil 4

    SciTech Connect (OSTI)

    Brett Earl; Brenda Clark

    2009-10-26

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

  9. World Crude Oil Prices

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

    World Crude Oil Prices (Dollars per Barrel) The data on this page are no longer available.

  10. ,"Total Fuel Oil Consumption (trillion Btu)",,,,,"Fuel Oil Energy...

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

    A. Fuel Oil Consumption (Btu) and Energy Intensities by End Use for All Buildings, 2003" ,"Total Fuel Oil Consumption (trillion Btu)",,,,,"Fuel Oil Energy Intensity (thousand Btu...

  11. Going Global: Tight Oil Production

    Gasoline and Diesel Fuel Update (EIA)

    GOING GLOBAL: TIGHT OIL PRODUCTION Leaping out of North America and onto the World Stage JULY 2014 GOING GLOBAL: TIGHT OIL PRODUCTION Jamie Webster, Senior Director Global Oil ...

  12. Displacing oil and gas with coal: Constraints and opportunities

    SciTech Connect (OSTI)

    Langley, V.E.

    1982-01-01

    It is obvious that a major result of the oil supply interruptions of the 1970s was to dramatically increase the competitiveness of coal as an industrial and utility fuel. In fact, between 1973 and 1981, coal's share of the energy feed to the electric utility industry did increase from 43 to 52 percent. However, given the actual market place incentives, this increase is not a remarkable improvement, and reflects the fact that disappointingly few existing units have been converted from oil to coal. In the wake of the 1973 embargo, the passage of the Energy Supply and Coordination Act of 1974 (''ENSECA'') and the Power Plant and Industrial Fuel Use Act (''FUA'') provided the Executive Branch with the power to mandate the conversion of oil and gas units to coal. However, ENSECA lacked strong enforcement provisions and there resulted few conversions other than those which were made voluntarily on purely economic grounds. As a result, in 1978, Congress enacted the Fuel Use Act which placed the burden of proof upon owners to demonstrate that a specified coal convertible unit could not be converted.

  13. Big questions cloud Iraq's future role in world oil market

    SciTech Connect (OSTI)

    Tippee, B.

    1992-03-09

    This paper reports that Iraq raises questions for the world oil market beyond those frequently asked about when and under what circumstances it will resume exports. Two wars since 1981 have obscured encouraging results from a 20 year exploration program that were only beginning to come to light when Iraq invaded Kuwait in August 1990. Those results indicate the country might someday be able to produce much more than the 3.2 million b/d it was flowing before a United Nations embargo blocked exports. If exploratory potential is anywhere near what officials asserted in the late 1980s, and if Iraq eventually turns hospitable to international capital, the country could become a world class opportunity for oil companies as well as an exporter with productive capacity approaching that of Saudi Arabia. But political conditions can change quickly. Under a new, secular regime, Iraq might welcome non-Iraqi oil companies and capital as essential to economic recovery. It's a prospect that warrants a new industry look at what the country has revealed about its geology and exploration history.

  14. Apparatus for distilling shale oil from oil shale

    SciTech Connect (OSTI)

    Shishido, T.; Sato, Y.

    1984-02-14

    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.

  15. Crude Oil Characteristics Research

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    SAE Plan June 29, 2015 Page 1 Crude Oil Characteristics Research Sampling, Analysis and Experiment (SAE) Plan The U.S. is experiencing a renaissance in oil and gas production. The Energy Information Administration projects that U.S. oil production will reach 9.3 million barrels per day in 2015 - the highest annual average level of oil production since 1972. This domestic energy boom is due primarily to new unconventional production of light sweet crude oil from tight-oil formations like the

  16. Energy & Financial Markets - Crudeoil - U.S. Energy Information

    Gasoline and Diesel Fuel Update (EIA)

    Administration (EIA) 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. Changes in non-OPEC production can affect oil prices Updated: Monthly | Last Updated: 08/09/2016 This chart shows that net increases in non-OPEC production were very small from 2005 to 2008.

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

    Gasoline and Diesel Fuel Update (EIA)

    U.S. Energy Information Administration (EIA) 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. Changes in non-OPEC production can affect oil prices Download Data in CSV This chart shows that net increases in non-OPEC production were very small from 2005 to 2008.

  18. Measuring the Costs of U.S. Oil Dependence and the Benefits of...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    exporters operating as OPEC." Prof. M. Adelman, MIT, 2004. Algeria Angola Ecuador Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela 0 20 40 60 80 100 120...

  19. U.S. monthly oil production tops 8 million barrels per day for...

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

    Next year....non-OPEC supply is expected to rise another 1.5 million barrels per day and demand will rise 1.4 million barrels per day. Expanded drilling in shale formations in ...

  20. Fuel Oil Use in Manufacturing

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

    logo Return to: Manufacturing Home Page Fuel Oil Facts Oil Price Effect Fuel Switching Actual Fuel Switching Storage Capacity Fuel Oil Use in Manufacturing Why Look at Fuel Oil?...

  1. Oil-fired cycling station converted to base-loaded, coal-burning operation

    SciTech Connect (OSTI)

    Hunt, J.; Steinbach, P.

    1982-04-01

    The Baltimore Gas and Electric Company has been able to modify its oil-fired Brandon Shores plant while under construction to a base-loaded plant able to burn either oil or coal. Utility planners had the foresight prior to the 1973 embargo to see advantages in a dual-fuel capability. Brandon Shores has experienced the same financing and fluctuating load problems as other projects, but it has evolved into a facility suited for the 1980s and 90s. The original plan included space to handle coal and wastes as well as specifying dual-fuel equipment throughout to minimize future modifications. During one construction delay, the utility initiated a preventative-maintenance program comparable to that of a nuclear plant that has been continued. Extensive environmental planning and interaction with the public have avoided other costly delays. (DCK)

  2. Sound Oil Company

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    ... Ward Oil Co., 24 DOE 81,002 (1994); see also Belcher Oil Co., 15 DOE 81,018 (1987) ... months relief because of flood); Utilities Bd. of Citronelle-Gas, 4 DOE 81,205 (1979) ...

  3. South American oil

    SciTech Connect (OSTI)

    Not Available

    1992-06-01

    GAO reviewed the petroleum industries of the following eight South American Countries that produce petroleum but are not major exporters: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Peru, and Trinidad and Tobago. This report discusses the amount of crude oil the United States imports from the eight countries, expected crude oil production for these countries through the year 2010, and investment reforms that these countries have recently made in their petroleum industries. In general, although the United States imports some oil from these countries, as a group, the eight countries are currently net oil importers because combined domestic oil consumption exceeds oil production. Furthermore, the net oil imports are expected to continue to increase through the year 2010, making it unlikely that the United States will obtain increased oil shipments from these countries.

  4. Enhanced Oil Recovery

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Enhanced Oil Recovery As much as two-thirds of conventional crude oil discovered in U.S. fields remains unproduced, left behind due to the physics of fluid flow. In addition, ...

  5. US Crude oil exports

    Gasoline and Diesel Fuel Update (EIA)

    2014 EIA Energy Conference U.S. Crude Oil Exports July 14, 2014 By Lynn D. Westfall U.S. Energy Information Administration U.S. crude oil production has grown by almost 50% since ...

  6. Crude Oil Characteristics Research

    Broader source: Energy.gov (indexed) [DOE]

    SAE Plan June 29, 2015 Page 1 Crude Oil Characteristics Research Sampling, Analysis and Experiment (SAE) Plan The U.S. is experiencing a renaissance in oil and gas production. The ...

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

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

    Country: Total All Countries Persian Gulf OPEC Algeria Angola Ecuador Indonesia Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia United Arab Emirates Venezuela Non OPEC Afghanistan Albania Andora Anguilla Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Bulgaria Burkina Faso Burma Cambodia Cameroon Canada Cayman Islands Chad Chile China Cocos

  8. SRC residual fuel oils

    SciTech Connect (OSTI)

    Tewari, K.C.; Foster, E.P.

    1985-10-15

    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.

  9. SRC Residual fuel oils

    DOE Patents [OSTI]

    Tewari, Krishna C.; Foster, Edward P.

    1985-01-01

    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.

  10. Vegetable oils for tractors

    SciTech Connect (OSTI)

    Moroney, M.

    1981-11-14

    Preliminary tests by the Agricultural Institute, show that tractors can be run on a 50:50 rape oil-diesel mixture or on pure rape oil. In fact, engine power actually increased slightly with the 50:50 blend but decreased fractionally with pure rape oil. Research at the North Dakota State University on using sunflower oil as an alternative to diesel fuel is also noted.

  11. Oil-futures markets

    SciTech Connect (OSTI)

    Prast, W.G.; Lax, H.L.

    1983-01-01

    This book on oil futures trading takes a look at a market and its various hedging strategies. Growing interest in trading of commodity futures has spread to petroleum, including crude oil, and key refined products such as gasoline and heating oil. This book describes how the international petroleum trade is structured, examines the working of oil futures markets in the United States and the United Kingdom, and assesses the possible courses of further developments.

  12. Biochemical upgrading of oils

    DOE Patents [OSTI]

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

    1999-01-12

    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.

  13. Biochemical upgrading of oils

    DOE Patents [OSTI]

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

    1999-01-12

    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.

  14. Utah Heavy Oil Program

    SciTech Connect (OSTI)

    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

    2009-10-20

    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.

  15. Crude Oil Analysis Database

    DOE Data Explorer [Office of Scientific and Technical Information (OSTI)]

    Shay, Johanna Y.

    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.

  16. World oil and gas resources-future production realities

    SciTech Connect (OSTI)

    Masters, C.D.; Root, D.H.; Attanasi, E.D. )

    1990-01-01

    Welcome to uncertainty was the phrase Jack Schanz used to introduce both layman and professionals to the maze of petroleum energy data that must be comprehended to achieve understanding of this critical commodity. Schanz was referring to the variables as he and his colleagues with Resources for the Future saw them in those years soon after the energy-awakening oil embargo of 1973. In some respects, the authors have made progress in removing uncertainty from energy data, but in general, we simply must accept that there are many points of view and many ways for the blindman to describe the elephant. There can be definitive listing of all uncertainties, but for this paper the authors try to underscore those traits of petroleum occurrence and supply that the author's believe bear most heavily on the understanding of production and resource availability. Because oil and gas exist in nature under such variable conditions and because the products themselves are variable in their properties, the authors must first recognize classification divisions of the resource substances, so that the reader might always have a clear perception of just what we are talking about and how it relates to other components of the commodity in question.

  17. State of Maine Office of Energy Resources Weekly Price Monitoring System end of survey of report. 2nd annual report to Region I DOE

    SciTech Connect (OSTI)

    Dow, R. E.

    1980-01-01

    The OPEC oil embargo of 1973-1974 brought the nation to a realization of the importance and necessity for collection and analysis of energy data. The Maine Office of Energy Resources, (OER), has the responsibility to establish and implement energy policies in Maine. The Weekly Price Monitoring System, (PMS), has been developed and implemented to assist energy planners in Maine. This survey is used to analyze home heating oil price trends and as a public relations tool in response to inquiries from citizens, other federal, state and local agencies and the Governors Office. This report will describe the PMS and results obtained from this system during the period starting December 12, 1978 and ending June 4, 1979, (26 weeks). Also the price of home heating oil on November 1, 1978 is given as required in agreement number DE-FC01-79EI10157 between the US Department of Energy and the Maine Office of Energy Resources.

  18. Shale oil dearsenation process

    SciTech Connect (OSTI)

    Brickman, F.E.; Degnan, T.F.; Weiss, C.S.

    1984-10-29

    This invention relates to processing shale oil and in particular to processing shale oil to reduce the arsenic content. Specifically, the invention relates to treating shale oil by a combination of processes - coking and water washing. Many shale oils produced by conventional retorting processes contain inorganic materials, such as arsenic, which interfere with subsequent refining or catalytic hydroprocessing operations. Examples of these hydroprocessing operations are hydrogenation, denitrogenation, and desulfurization. From an environmental standpoint, removal of such contaminants may be desirable even if the shale oil is to be used directly as a fuel. Hence, it is desirable that contaminants such as arsenic be removed, or reduced to low levels, prior to further processing of the shale oil or prior to its use as a fuel.

  19. Hot Oiling Spreadsheet

    Energy Science and Technology Software Center (OSTI)

    1993-10-22

    One of the most common oil-field treatments is hot oiling to remove paraffin from wells. Even though the practice is common, the thermal effectiveness of the process is not commonly understood. In order for producers to easily understand the thermodynamics of hot oiling, a simple tool is needed for estimating downhole temperatures. Such a tool has been developed that can be distributed as a compiled spreadsheet.

  20. Vegetable oil fuel

    SciTech Connect (OSTI)

    Bartholomew, D.

    1981-04-01

    In this article, the future role of renewable agricultural resources in providing fuel is discussed. it was only during this century that U.S. farmers began to use petroleum as a fuel for tractors as opposed to forage crop as fuel for work animals. Now farmers may again turn to crops as fuel for agricultural production - the possible use of sunflower oil, soybean oil and rapeseed oil as substitutes for diesel fuel is discussed.

  1. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 7.6 cents from a week ago to $2.97 per gallon. That's down $1.05 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.94 per gallon, down 6.7 cents from last week, and down $1.07

  2. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to $2.91 per gallon. That's down $1.10 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.88 per gallon, down 6.8 cents from last week, and down $1.13

  3. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 7.5 cents from a week ago to $2.84 per gallon. That's down $1.22 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.80 per gallon, down 7.4 cents from last week, and down $1.23

  4. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 4.1 cents from a week ago to $2.89 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.84 per gallon, down 5.4 cents from last week

  5. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 3.6 cents from a week ago to $3.04 per gallon. That's down 99.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.01 per gallon, down 3.6 cents from last week, and down $1.01

  6. Lower oil prices also cutting winter heating oil and propane...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    see even lower natural gas and heating oil bills this winter than previously expected ... said the average household heating with oil will experience a 41% drop in heating oil ...

  7. Crude Oil Prices

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

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

  8. Crude Oil Prices

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

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

  9. Crude Oil Prices

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

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

  10. Upgrading heavy gas oils

    SciTech Connect (OSTI)

    Ferguson, S.; Reese, D.D.

    1986-05-20

    A method is described of neutralizing the organic acidity in heavy gas oils to produce a neutralization number less than 1.0 whereby they are rendered suitable as lube oil feed stocks which consists essentially of treating the heavy gas oils with a neutralizing amount of monoethanolamine to form an amine salt with the organic acids and then heating the thus-neutralized heavy gas oil at a temperature at least about 25/sup 0/F greater than the boiling point of water and for a time sufficient to convert the amine salts to amides.

  11. Oil Shale and Oil Sands Development Robert Keiter; John Ruple...

    Office of Scientific and Technical Information (OSTI)

    Conjunctive Surface and Groundwater Management in Utah: Implications for Oil Shale and Oil Sands Development Robert Keiter; John Ruple; Heather Tanana; Rebecca Holt 29 ENERGY...

  12. STEO September 2012 - oil production

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

    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 ...

  13. Oil shale technology

    SciTech Connect (OSTI)

    Lee, S. (Akron Univ., OH (United States). Dept. of Chemical Engineering)

    1991-01-01

    Oil shale is undoubtedly an excellent energy source that has great abundance and world-wide distribution. Oil shale industries have seen ups and downs over more than 100 years, depending on the availability and price of conventional petroleum crudes. Market forces as well as environmental factors will greatly affect the interest in development of oil shale. Besides competing with conventional crude oil and natural gas, shale oil will have to compete favorably with coal-derived fuels for similar markets. Crude shale oil is obtained from oil shale by a relatively simple process called retorting. However, the process economics are greatly affected by the thermal efficiencies, the richness of shale, the mass transfer effectiveness, the conversion efficiency, the design of retort, the environmental post-treatment, etc. A great many process ideas and patents related to the oil shale pyrolysis have been developed; however, relatively few field and engineering data have been published. Due to the vast heterogeneity of oil shale and to the complexities of physicochemical process mechanisms, scientific or technological generalization of oil shale retorting is difficult to achieve. Dwindling supplied of worldwide petroleum reserves, as well as the unprecedented appetite of mankind for clean liquid fuel, has made the public concern for future energy market grow rapidly. the clean coal technology and the alternate fuel technology are currently of great significance not only to policy makers, but also to process and chemical researchers. In this book, efforts have been made to make a comprehensive text for the science and technology of oil shale utilization. Therefore, subjects dealing with the terminological definitions, geology and petrology, chemistry, characterization, process engineering, mathematical modeling, chemical reaction engineering, experimental methods, and statistical experimental design, etc. are covered in detail.

  14. Highlights.doc

    Gasoline and Diesel Fuel Update (EIA)

    (Energy Information Administration/Short-Term Energy Outlook -- February 2002) 1 Short-Term Energy Outlook February 2002 Overview World Oil Markets. OPEC's stated intention to reduce crude oil output beginning in January has been mostly successful. OPEC-10 crude oil output (OPEC less Iraq) fell by an estimated 1.1 million barrels per day in January, or about 70 percent of the officially announced quota reductions. Compliance rates at these levels tend to validate our expectations for steadily

  15. Microsoft Word - Highlights.doc

    Gasoline and Diesel Fuel Update (EIA)

    - December 2007 1 December 2007 Short-Term Energy Outlook December 11, 2007 Release Highlights Global oil markets will likely remain tight through the forecast period. EIA projects that world oil demand will grow much faster than oil supply outside of the Organization of Petroleum Exporting Countries (OPEC), leaving OPEC and inventories to offset the resultant upward pressure on prices. However, at last week's meeting in Abu Dhabi, OPEC decided to maintain its existing production quotas, noting

  16. Vegetable oil as fuel

    SciTech Connect (OSTI)

    Not Available

    1980-11-01

    A review is presented of various experiments undertaken over the past few years in the U.S. to test the performance of vegetable oils in diesel engines, mainly with a view to on-farm energy self-sufficiency. The USDA Northern Regional Research Center in Peoria, Illinois, is screening native U.S. plant species as potential fuel oil sources.

  17. Balancing oil and environment... responsibly.

    SciTech Connect (OSTI)

    Weimer, Walter C.; Teske, Lisa

    2007-01-25

    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…

  18. Corrosivity Of Pyrolysis Oils

    SciTech Connect (OSTI)

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

    2011-01-01

    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.

  19. Glossary

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

    Excludes ram-jet and petroleum rocket fuels. OPEC: Organization of Petroleum Exporting Coun- tries, oil-producing and exporting countries that have organized for the...

  20. This Week In Petroleum Printer-Friendly Version

    Gasoline and Diesel Fuel Update (EIA)

    of Petroleum Exporting Countries (OPEC) met and released their oil market assessment, indicating that the world is currently well supplied through the first quarter of...

  1. This Week In Petroleum Summary Printer-Friendly Version

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Next Release: June 15, 2011 A real downturn or just a pause? Projected increases in world oil consumption may require higher production from OPEC countries World benchmark crude...

  2. This Week In Petroleum Printer-Friendly Version

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    pressure on prices. In November of 1997, OPEC, rather than cutting oil production in this environment of declining consumption, increased production. The result: an unanticipated...

  3. This Week In Petroleum Summary Printer-Friendly Version

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    current projections. Chief among these is the responsiveness of supply to the lower price environment. Despite OPEC's recent decision to leave its crude oil production target at 30...

  4. China shows increasing interest in heavy oil and oil sands

    SciTech Connect (OSTI)

    Not Available

    1986-12-01

    China and Canadian and US groups are cooperating in several areas to develop the heavy oil, asphalt, and oil sand deposits of China. The agreements dealing with exploration and upgrading are briefly described. The majority of the paper describes the occurrences of heavy oil, asphalt, and oil sands in China. 1 figure.

  5. Oil and power: an analysis of United States economic interests and strategies in the Middle East. Study project

    SciTech Connect (OSTI)

    Poche, C.D.

    1988-05-31

    The United States met virtually all of its oil needs from domestic sources until the early 1970s. This self-sufficiency gradually eroded as our internal production failed to keep pace with rising levels of energy consumption. As a result, our new energy needs have been satisfied primarily by petroleum imports. The 1973 Arab oil embargo and supply curtailments associated with the Iranian Revolution in 1979 were painful experiences for the nation. By 1980, the United States was importing 8.5 million barrels of oil per day at a cost many times higher than the going rate in earlier years. Dependence on Middle East oil had become a frightening reality. During the same period, trade deficits, inflation, interest rates, and balance of payment problems were increasing at an alarming rate. Since that point in time, the United States has made progress in building a strong foundation for energy security. Despite these gains the United States is rapidly approaching another critical juncture in its battle to reduce dependency on imported oil. It also suggests national economic strategies that could be employed to improve America's energy prospects for the future.

  6. Financial trends of leading US oil companies: 1968-1985: Discussion paper No. 017R

    SciTech Connect (OSTI)

    Sowell, E.

    1986-10-01

    This study presents a compilation of principal categories of financial data for a sample of leading US based oil companies for the years 1968 through 1985. The categories contained in the compilation are annual financial inflows and outflows, profitability measures and financial position. The period selected exhibits trends prior to and since the Arab oil embargo of 1973/1974. The study is organized into two sections. The first contains a discussion of: (1) the major components of the companies' aggregate primary financial statements; (2) period and subperiod trends of selected items (e.g., revenues, net income, cash flow, capital expenditures); and (3) analytical relationships among financial items, as well as their trends (e.g., various measures of profitability, proportion of cash flow allocated to capital expenditures, liquidity ratios, dividend payout ratios). Because of the interrelationship of the primary financial statements, discussion of some items may be subsumed under more than one content heading; thus, net income is covered not only under that heading, but also in connection with profitability, sources of funds and capital expenditures. Where appropriate, data for the sample of companies under study are compared to oil company aggregates developed by other organizations. Similarly, selected comparisons are made in financial data between oil and non-oil companies. The second section of the paper contains comprehensive tables setting forth the data and ratios on which the discussion is based. The purposes of this paper are: (1) to serve as a financial reference source for the API sample of companies (see Appendix A); (2) to present this material for a meaningful historical period; and (3) to elucidate key aspects of oil company financial performance. 6 figs., 6 tabs.

  7. Organization of Arab Petroleum Exporting Countries: history, policies, and prospects

    SciTech Connect (OSTI)

    Tetreault, M.A.

    1981-01-01

    The analysis begins with OAPEC's formation in 1968, as a means of resisting pressure to embargo oil importers who supported Israel. The origins of the 1973 boycott during the Yom Kippur War are examined, showing how that step affected subsequent OAPEC policy. OAPEC's relationship to the rest of the international petroleum community is explored, focusing on the interaction between OAPEC and OPEC in the making of petroleum pricing policy. The expulsion of Egypt for trading with Israel is discussed. Huge profits from the oil industry are the key to the region's economic development. Successes and failures of OAPEC investments, joint ventures with various nations as partners in fostering the economic progress of the Arab world are examined. This study provides a useful tool for the understanding of the international petroleum industry.

  8. Searching history and looking beyond next week: the nuclear imperative. [Pamphlet

    SciTech Connect (OSTI)

    Not Available

    1981-01-01

    Oil dependence, which made the US vulnerable to OPEC export decisions, is both an economic and a security liability. Nearly a decade after the 1973 oil embargo, an economic-energy policy still eludes the US. Energy self-sufficiency and peaceful nuclear programs were sidetracked in the late 1960s as the environmental and consumer movements created a new vision of America's future that would dump the nuclear option. A growing workforce requiring more, not less, energy was not served by the new policy. Coal and nuclear power are the only two options able to produce the bulk of energy required for US industry until alternative sources are available. Future planning must question whether electricity capacity will be sufficient, what kind of capacity is needed, and what steps to take to ensure electric supplies that meet economic and security as well as environmental goals. We can profit from a review of history to avoid past errors and exploit past successes. (DCK)

  9. Energy reference handbook. Third edition

    SciTech Connect (OSTI)

    Not Available

    1985-01-01

    The energy field has exploded since the OPEC oil embargo of 1973. Terms that did not even exist several years ago are now being used. In addition, many words have developed interpretations somewhat different from their commonly accepted meanings. The 3rd Edition of the Energy Reference Handbook records and standardizes these terms in a comprehensive glossary. Special emphasis is placed on providing terms and definitions in the area of alternative fuels-synthetics from coal and oil shale; solar; wind; biomass; geothermal; and more - as well as traditional fossil fuels. In total, more than 3,500 terms, key words, and phrases used daily in energy literature are referenced. In addition to these definitions, conversion tables, diagrams, maps, tables, and charts on various aspects of energy which forecast the reserves of fuel resources, plus other information relevant to energy resources and technologies are found in this reference.

  10. Hydroprocessing hydrocarbon oils

    SciTech Connect (OSTI)

    Simpson, H.D.; Borgens, P.B.

    1990-07-10

    This patent describes a catalytic hydroprocess of a hydrocarbon oil containing nitrogen or sulfur. It comprises: contacting a catalytic composition with the hydrocarbon oil under hydroprocessing conditions so as to produce a product hydrocarbon oil containing less nitrogen or sulfur than the hydrocarbon oil, the catalytic composition prepared by the method comprising the steps of impregnating porous refractory support particles with an aqueous impregnating solution comprising one or more Group VIB metal components, one or more phosphorus components and citric acid, the citric acid in a mole ratio to the Group VIB metal components calculated as the Group VIB metal trioxide of less than 1 to 1. The solution has a pH less than 1.0 and calcining the impregnated support particles to produce a catalytic composition containing a Group VIB metal component and a phosphorous component on the porous refractory oxide support.

  11. Crude Oil Prices

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

    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...

  12. Oil & Natural Gas Technology

    Office of Scientific and Technical Information (OSTI)

    IN SITU THERMAL PROCESSING OF OIL SHALESANDS Authors: Michal Hradisky and Philip J. Smith DOE Award No.: DE-FE0001243 Reporting Period: October 1, 2009 - September 30, 2011 ...

  13. oil1987.xls

    Gasoline and Diesel Fuel Update (EIA)

    ... Average Fuel OilKerosene Consumption Expenditures Below Poverty Line 100 Percent 2.0 1.4 ... for 1987. (3) Below 150 percent of poverty line or 60 percent of median State ...

  14. Oil Market Assessment

    Reports and Publications (EIA)

    2001-01-01

    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.

  15. Oil shale research in China

    SciTech Connect (OSTI)

    Jianqiu, W.; Jialin, Q. (Beijing Graduate School, Petroleum Univ., Beijing (CN))

    1989-01-01

    There have been continued efforts and new emergence in oil shale research in Chine since 1980. In this paper, the studies carried out in universities, academic, research and industrial laboratories in recent years are summarized. The research areas cover the chemical structure of kerogen; thermal behavior of oil shale; drying, pyrolysis and combustion of oil shale; shale oil upgrading; chemical utilization of oil shale; retorting waste water treatment and economic assessment.

  16. NETL: Oil & Gas

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Oil & Gas Efficient recovery of our nation's fossil fuel resources in an environmentally safe manner requires the development and application of new technologies that address the unique nature and challenging locations of many of our remaining oil and natural gas accumulations. The National Energy Technology Laboratory's (NETL) research projects are designed to help catalyze the development of these new technologies, provide objective data to help quantify the environmental and safety risks

  17. Crude Oil Domestic Production

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

    Data Series: Crude Oil Domestic Production Refinery Crude Oil Inputs Refinery Gross Inputs Refinery Operable Capacity (Calendar Day) Refinery Percent Operable Utilization Net Inputs of Motor Gasoline Blending Components Net Inputs of RBOB Blending Components Net Inputs of CBOB Blending Components Net Inputs of GTAB Blending Components Net Inputs of All Other Blending Components Net Inputs of Fuel Ethanol Net Production - Finished Motor Gasoline Net Production - Finished Motor Gasoline (Excl.

  18. Process for preparing lubricating oil from used waste lubricating oil

    DOE Patents [OSTI]

    Whisman, Marvin L.; Reynolds, James W.; Goetzinger, John W.; Cotton, Faye O.

    1978-01-01

    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.

  19. Oil/gas collector/separator for underwater oil leaks

    DOE Patents [OSTI]

    Henning, Carl D.

    1993-01-01

    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.

  20. Development of reduced crude cracking catalysts

    SciTech Connect (OSTI)

    Hettinger, W.P. Jr. )

    1987-08-01

    In 1974 OPEC imposed an embargo on oil to the United States and caused a rapid rise in the price of a barrel of oil. At the time of the embargo, Ashland imported a considerable portion of its oil from the Middle East, thus raising the question of oil availability. As the problem increased in severity, Messrs. George Meyer, Oliver Zandona and Llyod Busch, began to explore alternative ways of squeezing more product from a given barrel of crude. After considering many alternatives, they arrived at the innovative thought that it might be possible to catalytically crack the 1050{degree}F plus fraction of the barrel directly to gasoline which would in effect, give them an additional volume of crude oil. Also, if vacuum fractionation were eliminated and if the entire 650{degree}F plus (reduced crude) portion of the barrel processed, this would further reduce operating costs. With these objectives and some new process innovations in mind, they began reduced crude cracking experimentation in a small 12,000 B/D FCC operating unit at Louisville. It was from these goals, concepts and a small operating unit, that the RCC process was born.

  1. United Oil Company | Open Energy Information

    Open Energy Info (EERE)

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

  2. Microsoft Word - Heating Oil Season.docx

    Broader source: Energy.gov (indexed) [DOE]

    4-2015 Heating Oil Season Northeast Home Heating Oil Reserve Trigger Mechanism (Cents per Gallon, Except Where Noted) Week Residential Heating Oil Price Average Brent Spot Price ...

  3. Deepwater Oil & Gas Resources | Department of Energy

    Office of Environmental Management (EM)

    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 ...

  4. Heating Oil Reserve History | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Heating Oil Reserve History Heating Oil Reserve History Creation of an emergency reserve of heating oil was directed by President Clinton on July 10, 2000, when he directed ...

  5. Finding Hidden Oil and Gas Reserves

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Finding Hidden Oil and Gas Reserves Finding Hidden Oil and Gas Reserves Key Challenges: Seismic imaging methods, vital in our continuing search for deep offshore oil and gas...

  6. Deepwater Oil & Gas Resources | Department of Energy

    Office of Energy Efficiency and Renewable Energy (EERE) 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...

  7. Abandoned Texas oil fields

    SciTech Connect (OSTI)

    Not Available

    1980-12-01

    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.

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

    Open Energy Info (EERE)

    Petroleum Company Syrian Petroleum Company Damascus Syria Syria http www spc sy com en production activities1 en php Yemen Ministry of Oil and Minerals Yemen Ministry of Oil and...

  9. Enhanced Oil Recovery to Fuel Future Oil Demands | GE Global...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Enhanced Oil Recovery to Fuel Future Oil Demands Click to email this to a friend (Opens in new window) Share on Facebook (Opens in new window) Click to share (Opens in new window) ...

  10. Too early to tell on $100 oil

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    Confidential Presentation to: April 7, 2008 Middle East oil demand and Lehman Brothers oil price outlook Adam Robinson Middle East oil demand u Three pillars of Middle East oil ...

  11. Oil and Gas

    Office of Environmental Management (EM)

    RD&D Leases in the United States Oil Shale RD&D Leases in the United States This paper describes the original plans, progress and accomplishments, and future plans for nine oil shale research, development and demonstration (RD&D) projects on six existing RD&D leases awarded in 2006 and 2007 by the United States Department of the Interior, Bureau of Land Management (BLM) to Shell, Chevron, EGL (now AMSO), and OSEC (now Enefit American, respectively); as well as three pending

  12. Heating oil supply/price monitoring report: Part I. Historic data, August 1978-July 1979. Part II. Current data, August 1979-May 1980

    SciTech Connect (OSTI)

    Not Available

    1980-08-01

    The 1973-1974 oil embargo brought national realization to the importance, and need for the collection and analysis of energy data. The Maine Office of Energy Resources (OER) is responsible for the establishment and implementation of energy plans and policies in the State of Maine. The Supply/Price Monitoring System has been created to assist energy planners both in Maine and the nation. This survey is used to analyze trends in home heating oil supply and price, and as a tool in responding to inquiries from: citizens, other state agencies, federal and local offices, and the Office of the Governor. This report will describe the Supply/Price Monitoring System, and the results obtained from the survey, during the period August 1, 1979 through May 31, 1980. Historical data is also provided as required by the aforementioned agreement between the OER and the US Department of Energy.

  13. Heating oil supply/price monitoring report. Part I. Historic data, August 1978-July 1979; Part II. Current data, August 1979-May 1980

    SciTech Connect (OSTI)

    Not Available

    1980-08-01

    The 1973-1974 oil embargo brought national realization to the importance, and need for the collection and analysis of energy data. The Maine Office of Energy Resources (OER) is responsible for the establishment and implementation of energy plans and policies in the State of Maine. The Supply/Price Monitoring System has been created to assist energy planners both in Maine and the nation. This survey is used to analyze trends in home heating oil supply and price, and as a tool in responding to inquiries from: citizens, other state agencies, federal and local offices, and the Office of the Governor. This report will describe the Supply/Price Monitoring System, and the results obtained from the survey, during the period August 1, 1979 through May 31, 1980. Historical data are also provided as required by the aforementioned agreement between the OER and the US Department of Energy.

  14. STEO December 2012 - oil production

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    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 ...

  15. Distributed Bio-Oil Reforming

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Distributed Bio-Oil Reforming R. Evans, S. Czernik, R. French, M. Ratcliff National ... GAS 7 BIOMASS BIO-OIL CHAR For reactor or export Gas recycle For fluidization or export ...

  16. Assessment of heavy oil conversion

    SciTech Connect (OSTI)

    Gleim, W.T.K.

    1983-08-01

    Removal of benzene insoluble asphaltene components greatly facilitates and improves the subsequent upgrading of residual oils, the desulfurization in particular. For the upgrading of Venezualean oils, the Aurobon process is still the only feasible solution.

  17. Western Hemisphere Oil Products Balance

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

    Western Hemisphere Oil Products Balance Ramn Espinasa, Ph.D. Lead Specialist July 2014 ... non-commercial purposes. 4 United States Oil Products Balance 5 Energy Matrix - USA 6 ...

  18. Research Portfolio Report Unconventional Oil & Gas Resources...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Unconventional Oil & Gas Resources: Subsurface Geology and Engineering DOENETL-20151691 ... Research Portfolio Report: Unconventional Oil & Gas Resources Executive Summary S ...

  19. U.S. Energy Information Administration (EIA) - Issuestrends

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

    Current Issues & Trends Narrowing crude oil price differences contribute to global convergence of refining profits oil/petroleumliquid fuelsinternationalrefining & processingcrack spreadprofits 9/8/2016 OPEC members' net oil export revenue in 2015 drops to lowest level since 2004 oil/petroleumliquid fuelsexportsOPEC 8/26/2016 Changing crude oil price differentials contribute to global convergence of refining profits oil/petroleuminternationalrefining & processingcrack spreadprofits

  20. Nineteenth oil shale symposium proceedings

    SciTech Connect (OSTI)

    Gary, J.H.

    1986-01-01

    This book contains 23 selections. Some of the titles are: Effects of maturation on hydrocarbon recoveries from Canadian oil shale deposits; Dust and pressure generated during commercial oil shale mine blasting: Part II; The petrosix project in Brazil - An update; Pathway of some trace elements during fluidized-bed combustion of Israeli Oil Shale; and Decommissioning of the U.S. Department of Energy Anvil Points Oil Shale Research Facility.

  1. Heating Oil and Propane Update

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    Maps of states participating in Winter Fuels Survey Residential propane PADD map Residential heating oil PADD map

  2. Residential heating oil prices available

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

    heating oil prices available The average retail price for home heating oil is $2.41 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region currently average $2.35 per gallon. This is Marcela Rourk with EIA, in Washington.

  3. Oil shale: Technology status report

    SciTech Connect (OSTI)

    Not Available

    1986-10-01

    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.

  4. African oil plays

    SciTech Connect (OSTI)

    Clifford, A.J. )

    1989-09-01

    The vast continent of Africa hosts over eight sedimentary basins, covering approximately half its total area. Of these basins, only 82% have entered a mature exploration phase, 9% have had little or no exploration at all. Since oil was first discovered in Africa during the mid-1950s, old play concepts continue to bear fruit, for example in Egypt and Nigeria, while new play concepts promise to become more important, such as in Algeria, Angola, Chad, Egypt, Gabon, and Sudan. The most exciting developments of recent years in African oil exploration are: (1) the Gamba/Dentale play, onshore Gabon; (2) the Pinda play, offshore Angola; (3) the Lucula/Toca play, offshore Cabinda; (4) the Metlaoui play, offshore Libya/Tunisia; (5) the mid-Cretaceous sand play, Chad/Sudan; and (6) the TAG-I/F6 play, onshore Algeria. Examples of these plays are illustrated along with some of the more traditional oil plays. Where are the future oil plays likely to develop No doubt, the Saharan basins of Algeria and Libya will feature strongly, also the presalt of Equatorial West Africa, the Central African Rift System and, more speculatively, offshore Ethiopia and Namibia, and onshore Madagascar, Mozambique, and Tanzania.

  5. Dying for oil

    SciTech Connect (OSTI)

    Sachs, A.

    1996-05-01

    This article discusses the fight and execution of Ken Saro-Wiwa, the Ogoni leader who defended his people`s land on the Niger delta against oil development encouraged by the government and persued by the Royal/Dutch Shell Co. Political reprocussions and heightened vigilance of environmental activists are discussed at length.

  6. World Oil Transit Chokepoints

    Reports and Publications (EIA)

    2012-01-01

    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.

  7. Salinity, temperature, oil composition, and oil recovery by waterflooding

    SciTech Connect (OSTI)

    Tang, G.Q.; Morrow, N.R.

    1997-11-01

    The effect of aging and displacement temperatures and brine and oil composition on wettability and the recovery of crude oil by spontaneous imbibition and waterflooding has been investigated. This study is based on displacement tests in Berea sandstone with three crude oils and three reservoir brines (RB`s). Salinity was varied by changing the concentration of total dissolved solids (TDS`s) of the synthetic brine in proportion. Salinity of the connate and invading brines can have a major influence on wettability and oil recovery at reservoir temperature. Oil recovery increased over that for the RB with dilution of both the initial (connate) and invading brine or dilution of either. Aging and displacement temperatures were varied independently. For all crude oils, water wetness and oil recovery increased with increase in displacement temperature. Removal of light components from the crude oil resulted in increased water wetness. Addition of alkanes to the crude oil reduced the water wetness, and increased oil recovery. Relationships between waterflood recovery and rate and extent of oil recovery by spontaneous imbibition are summarized.

  8. Structural Oil Pan With Integrated Oil Filtration And Cooling System

    DOE Patents [OSTI]

    Freese, V, Charles Edwin

    2000-05-09

    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.

  9. Process for upgrading heavy oils

    SciTech Connect (OSTI)

    LePage, J.F.; Marlino, G.

    1983-07-05

    The viscosity of heavy oils is reduced in order to facilitate pipe line transportation thereof. A fraction of the heavy oil is deasphalted in the presence of C/sub 5/-C/sub 7/ hydrocarbons, a portion of the separated asphalt is converted to synthesis gas, at least a portion of said gas is used to manufacture an alcohol mixture including methanol and C/sub 2/ to C/sub 10/ alcohols, which mixture is admixed with the heavy oil before transportation thereof. This procedure is more beneficial to the transported heavy oil than the prior processes which do not comprise the conversion of the asphalt fraction of the heavy oil.

  10. Aerobic microbial enhanced oil recovery

    SciTech Connect (OSTI)

    Torsvik, T.; Gilje, E.; Sunde, E.

    1995-12-31

    In aerobic MEOR, the ability of oil-degrading bacteria to mobilize oil is used to increase oil recovery. In this process, oxygen and mineral nutrients are injected into the oil reservoir in order to stimulate growth of aerobic oil-degrading bacteria in the reservoir. Experiments carried out in a model sandstone with stock tank oil and bacteria isolated from offshore wells showed that residual oil saturation was lowered from 27% to 3%. The process was time dependent, not pore volume dependent. During MEOR flooding, the relative permeability of water was lowered. Oxygen and active bacteria were needed for the process to take place. Maximum efficiency was reached at low oxygen concentrations, approximately 1 mg O{sub 2}/liter.

  11. Unconventional Oil and Gas Resources

    SciTech Connect (OSTI)

    2006-09-15

    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.

  12. U.S. Crude Oil Imports

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

    7,675 7,910 8,042 7,637 7,946 7,611 1920-2016 Persian Gulf 1,511 1,541 1,753 1,684 1,917 1,690 1993-2016 OPEC* 2,816 2,961 3,271 3,091 3,406 3,024 1973-2016 Algeria 37 19 20 42 1973-2016 Angola 166 119 160 217 161 128 1973-2016 Ecuador 334 246 264 176 225 223 1993-2016 Indonesia 63 35 33 34 53 34 1973-2016 Iran 1973-2002 Iraq 252 245 365 349 555 434 1973-2016 Kuwait 205 289 123 196 177 135 1973-2016 Libya 59 1973-2016 Nigeria 92 257 269 218 241 234 1973-2016 Qatar 1973-2011 Saudi Arabia 1,054

  13. U.S. Crude Oil Imports

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

    9,213 8,935 8,527 7,730 7,344 7,351 1910-2015 Persian Gulf 1,694 1,849 2,140 1,994 1,851 1,488 1973-2015 OPEC* 4,553 4,209 4,031 3,493 3,005 2,679 1973-2015 Algeria 328 178 120 29 6 3 1973-2015 Angola 383 335 222 201 139 124 1973-2015 Ecuador 210 203 177 232 213 225 1973-2015 Indonesia 33 20 6 18 20 34 1973-2015 Iran 1973-2001 Iraq 415 459 476 341 369 229 1973-2015 Kuwait 195 191 303 326 309 206 1973-2015 Libya 43 9 56 43 5 3 1973-2015 Nigeria 983 767 406 239 58 57 1973-2015 Qatar 5 1973-2011

  14. Oil shale retort apparatus

    DOE Patents [OSTI]

    Reeves, Adam A.; Mast, Earl L.; Greaves, Melvin J.

    1990-01-01

    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.

  15. Shale oil recovery process

    DOE Patents [OSTI]

    Zerga, Daniel P.

    1980-01-01

    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.

  16. Enhanced oil recovery

    SciTech Connect (OSTI)

    Fisher, W.G.

    1982-01-01

    The principal enhanced recovery technique is waterflooding, because water generally is inexpensive to obtain and inject into the reservoir and it works. With the shortage of conventional oil in Canada there is greater emphasis being placed on other recovery schemes in addition to or in place of waterflooding. Tertiary recovery is applicable to many of the existing projects and engineers must recognize those fields that are candidates for tertiary recovery applications. The application of tertiary recovery techniques to a specific reservoir requires consideration of all methods developed to select the one most suitable. A thorough understanding of waterflooding and the factors that affect recovery is necessary before a tertiary process is considered. Factors that affect oil recovery under waterflooding are areal and vertical sweep efficiency, contact factor and displacement efficiency.

  17. Retrofitting heavy oil processes

    SciTech Connect (OSTI)

    Hamilton, G.L.; Fitzgerald, M.; D'Amico, V.

    1986-01-01

    Refiners, faced with the need to process the bottom end of the heavy high sulfur crude oil barrel in today's uncertain economic environment, are reluctant to commit large amounts of money to expensive upgrading processes. In order to conserve scarce capital while improving operating margins, additional valuable products can be produced by retrofits such as conversion of an idle crude unit to visbreaking, delayed coking or deasphalting service, or conversion of hydrodesulfurizers to mild hydrocracking.

  18. Oil Price Volatility

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

    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

  19. Emulsified industrial oils recycling

    SciTech Connect (OSTI)

    Gabris, T.

    1982-04-01

    The industrial lubricant market has been analyzed with emphasis on current and/or developing recycling and re-refining technologies. This task has been performed for the United States and other industrialized countries, specifically France, West Germany, Italy and Japan. Attention has been focused at emulsion-type fluids regardless of the industrial application involved. It was found that emulsion-type fluids in the United States represent a much higher percentage of the total fluids used than in other industrialized countries. While recycling is an active matter explored by the industry, re-refining is rather a result of other issues than the mere fact that oil can be regenerated from a used industrial emulsion. To extend the longevity of an emulsion is a logical step to keep expenses down by using the emulsion as long as possible. There is, however, another important factor influencing this issue: regulations governing the disposal of such fluids. The ecological question, the respect for nature and the natural balances, is often seen now as everybody's task. Regulations forbid dumping used emulsions in the environment without prior treatment of the water phase and separation of the oil phase. This is a costly procedure, so recycling is attractive since it postpones the problem. It is questionable whether re-refining of these emulsions - as a business - could stand on its own if these emulsions did not have to be taken apart for disposal purposes. Once the emulsion is separated into a water and an oil phase, however, re-refining of the oil does become economical.

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

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

    2009 2010 2011 2012 2013 2014 View History Average 57.78 74.19 101.66 99.78 96.56 85.65 1973-2014 Persian Gulf 59.53 75.65 106.47 105.45 100.62 94.03 1973-2014 Total OPEC 58.53...

  1. Consumption trend analysis in the industrial sector: Regional historical trends. Draft report (Final)

    SciTech Connect (OSTI)

    Not Available

    1981-05-01

    Data on the use of natural gas, electricity, distillate and residual fuel oil, coal, and purchased coke were collected from the United States Bureau of the Census and aggregated nationally and by Census Region. Trend profiles for each fuel and industry were developed and economic, regulatory, and regional factors contributing to these trends were examined. The recession that followed the OPEC embargo in 1973 affected the industrial sector and the heavily industrialized regions of the country most severely. Both industrial production and fuel consumption fell significantly in 1975. As production recovered, spiraling fuel prices promoted conservation efforts, and overall fuel consumption remained at pre-recession levels. From 1975 to 1977 natural gas consumption decreased in almost all the industries examined with curtailments of gas supplies contributing to this trend.

  2. Successful Sequestration and Enhanced Oil Recovery Project Could...

    Energy Savers [EERE]

    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 ...

  3. Strategic Significance of Americas Oil Shale Resource

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    ... Early products de- rived from shale oil included kerosene and lamp oil, paraffin, fuel oil, lubricating oil and grease, naphtha, illuminating gas, and ammonium sulfate fertilizer. ...

  4. Louisiana - North Crude Oil + Lease Condensate Proved Reserves...

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

    Crude Oil + Lease Condensate Proved Reserves (Million Barrels) Louisiana - North Crude Oil ... Crude Oil plus Lease Condensate Proved Reserves, as of Dec. 31 North Louisiana Crude Oil ...

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

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

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

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

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    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 ...

  7. U.S. crude oil production expected to exceed oil imports later...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    crude oil production expected to exceed oil imports later this year U.S. crude oil production is expected to surpass U.S. crude oil imports by the fourth quarter of this year. That ...

  8. High oil production continues to cut U.S. oil imports

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    High oil production continues to cut U.S. oil imports High U.S. crude oil production will help further reduce America's reliance on oil imports during the next two years. In its ...

  9. DOE to Purchase Heating Oil for the Northeast Home Heating Oil...

    Energy Savers [EERE]

    Purchase Heating Oil for the Northeast Home Heating Oil Reserve DOE to Purchase Heating Oil for the Northeast Home Heating Oil Reserve June 23, 2008 - 1:29pm Addthis WASHINGTON, DC ...

  10. International Oil Supplies and Demands

    SciTech Connect (OSTI)

    Not Available

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.