Transporting US oil imports: The impact of oil spill legislation on the tanker market
- Rowland (P.) Associates (United States)
The Oil Pollution Act of 1990 ( OPA'') and an even more problematic array of State pollution laws have raised the cost, and risk, of carrying oil into and out of the US. This report, prepared under contract to the US Department of energy's Office of Domestic and International Policy, examines the impact of Federal and State oil spill legislation on the tanker market. It reviews the role of marine transportation in US oil supply, explores the OPA and State oil spill laws, studies reactions to OPA in the tanker and tank barge industries and in related industries such as insurance and ship finance, and finally, discusses the likely developments in the years ahead. US waterborne oil imports amounted to 6.5 million B/D in 1991, three-quarters of which was crude oil. Imports will rise by almost 3 million B/D by 2000 according to US Department of energy forecasts, with most of the crude oil growth after 1995. Tanker demand will grow even faster: most of the US imports and the increased traffic to other world consuming regions will be on long-haul trades. Both the number of US port calls by tankers and the volume of offshore lightering will grow. Every aspect of the tanker industry's behavior is affected by OPA and a variety of State pollution laws.
- Research Organization:
- Petroleum Industry Research Foundation, Inc., New York, NY (United States)
- Sponsoring Organization:
- DOE; USDOE, Washington, DC (United States)
- DOE Contract Number:
- FG01-91PE79095
- OSTI ID:
- 5120378
- Report Number(s):
- DOE/PE/79095-T1; ON: DE92014908
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020900 -- Petroleum-- Environmental Aspects
021000 -- Petroleum-- Legislation & Regulations
022000* -- Petroleum-- Transport
Handling
& Storage
DEVELOPED COUNTRIES
DOCUMENT TYPES
ENERGY SOURCES
FOSSIL FUELS
FUELS
IMPORTS
LEGISLATION
LIABILITIES
MARITIME TRANSPORT
MARKET
NATIONAL ORGANIZATIONS
NORTH AMERICA
OIL SPILLS
PETROLEUM
PROGRESS REPORT
SHIPS
STATE GOVERNMENT
TANKER SHIPS
TRANSPORT
US DOE
US ORGANIZATIONS
USA
020900 -- Petroleum-- Environmental Aspects
021000 -- Petroleum-- Legislation & Regulations
022000* -- Petroleum-- Transport
Handling
& Storage
DEVELOPED COUNTRIES
DOCUMENT TYPES
ENERGY SOURCES
FOSSIL FUELS
FUELS
IMPORTS
LEGISLATION
LIABILITIES
MARITIME TRANSPORT
MARKET
NATIONAL ORGANIZATIONS
NORTH AMERICA
OIL SPILLS
PETROLEUM
PROGRESS REPORT
SHIPS
STATE GOVERNMENT
TANKER SHIPS
TRANSPORT
US DOE
US ORGANIZATIONS
USA