U. S. demand and imports wither in recession: Oil loses share

Journal Article · Fri Apr 17 00:00:00 EDT 1992 · Energy Detente; (United States)

OSTI ID:5436591

This issue of Energy Detente finds that the economic recession and very low prices for natural gas have cut US use of oil and reduced its oil-import dependency. The period 1985 through 1991 is examined by petroleum product. The 1991 decline in crude oil imports is felt to be an anomaly that will reverse itself in the short term; it was caused by the recession and the flurry of additional production during the Persian Gulf conflict. This issue also presents the following: (1) The ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of April 10, 1992; and (2) the ED Fuel Price/Tax Series for countries of the Western Hemisphere, April 1992 Edition.

• OSTI ID: 5436591
• Journal Information: Energy Detente; (United States), Vol. 13:7
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
COAL
PRICES
NATURAL GAS
PETROLEUM
DEMAND FACTORS
IMPORTS
PETROLEUM PRODUCTS
STATISTICAL DATA
TAXES
USA
CARBONACEOUS MATERIALS
DATA
DEVELOPED COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INFORMATION
MATERIALS
NORTH AMERICA
NUMERICAL DATA
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum
290200 - Energy Planning & Policy- Economics & Sociology