Implications of lifting the ban on the export of Alaskan crude oil
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.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC (USA). Office of Energy Markets and End Use
- Sponsoring Organization:
- DOE/AD
- OSTI ID:
- 6325432
- Report Number(s):
- SR/EMEU-90-1; ON: DE91005277
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ALASKA
ASIA
ECONOMIC IMPACT
ENERGY SOURCES
EXPORTS
FEDERAL REGION X
FOSSIL FUELS
FUELS
JAPAN
MARKET
NORTH AMERICA
PETROLEUM
PETROLEUM PRODUCTS
PRICES
SUPPLY AND DEMAND
USA
WEST COAST
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ALASKA
ASIA
ECONOMIC IMPACT
ENERGY SOURCES
EXPORTS
FEDERAL REGION X
FOSSIL FUELS
FUELS
JAPAN
MARKET
NORTH AMERICA
PETROLEUM
PETROLEUM PRODUCTS
PRICES
SUPPLY AND DEMAND
USA
WEST COAST