Union Oil Co. of California proposes solution to California crude glut

Journal Article · Mon Sep 18 04:00:00 EDT 1978 · Oil Gas J.; (United States)

OSTI ID:5285228

Union proposed in Sept. 1978 that California's artificial surplus of crude could be eliminated by allowing California and Alaska North Slope crude to be exported in exchange for lighter crudes; by lifting entitlements penalties for exporting high-sulfur residual fuels that cannot be used in California; and by administering environmental regulations in a way that would allow retrofitting of refineries to handle heavy, sour crude oil and the construction of pipelines to move crude to other areas of the U.S. According to a Union Oil report, California's crude oversupply is the result of Alaska's North Slope production; the use of foreign oil to take advantage of the Federal Government's entitlements programs; environmental regulations eliminating much of the market for products made from heavy, high-sulfur crude; and delays in granting permits for transporting oil by pipeline beyond California.

• OSTI ID: 5285228
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 76:38; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ALASKA
ALASKAN NORTH SLOPE
CALIFORNIA
CONTROL
ECONOMICS
ENERGY SOURCES
ENTITLEMENTS PROGRAM
ENVIRONMENTAL QUALITY
EXPORTS
FEDERAL REGION IX
FEDERAL REGION X
FOSSIL FUELS
FUELS
NORTH AMERICA
PETROLEUM
PIPELINES
POLLUTION CONTROL
SUPPLY AND DEMAND
SUPPLY DISRUPTION
TRADE
USA