Review of emergency preparedness and strategic petroleum reserve policies. Hearing before a Subcommittee of the Committee on Government Operations, House of Representatives, Ninety-Eight Congress, Second Session, October 15, 1984

Book · Tue Jan 01 04:00:00 EST 1985

OSTI ID:5928477

Five witnesses representing the oil industry, DOE, energy modeling groups, Americans for Energy Independence, and Congress reviewed the current status of the Strategic Petroleum Reserve (SPR), which now holds 430 of its targeted 750 million barrels of oil as insurance against a supply disruption and global economic crisis. Under review was the level of the reserve stock, the caliber of emergency plans for drawdown, and US commitments to the International Energy Agency to share reserves in the event of an emergency. The witnesses reviewed drawdown policies and scenarios, as well as the effects of consumers during the stockpiling and drawdown stages. Of major concern to some were projections showing a shortfall in world oil supplies to maintain economic growth by the year 2000. Additional letters, statements, and material submitted by the witnesses for the record follows their testimony.

• OSTI ID: 5928477
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
COOPERATION
DOCUMENT TYPES
DRAWDOWN
ECONOMIC IMPACT
EMERGENCY PLANS
ENERGY SOURCES
ENERGY SUPPLIES
FOSSIL FUELS
FUEL SUPPLIES
FUELS
GOVERNMENT POLICIES
HEARINGS
INTERNATIONAL COOPERATION
MANAGEMENT
PETROLEUM
PROGRAM MANAGEMENT
RESERVES
RESOURCES
STOCKPILES
STRATEGIC PETROLEUM RESERVE
SUPPLY DISRUPTION