Domestic and international petroleum situation and the implications of fees on imported oil. Hearing before the Committee on Energy and Natural Resources, United States Senate, Ninety-Ninth Congress, Second Session, September 18, 1986
Book
·
OSTI ID:6827092
The seven witnesses at the hearing included former Ambassador to Saudi Arabia James Akins, representatives of the petroleum industry, and the Departments of State and Energy. At issue were the long-term consequences of the drop in oil prices, particularly as they encourage imports at the expense of domestic production. Oil industry spokesmen reported the effects on local economies, employment, future supplies, and dependence upon OPEC imports. The witnesses traced the history of oil prices and US levels of domestic production and imports. They also examine the significance of the strategic petroleum reserve and the relative merits of an import tax on oil.
- OSTI ID:
- 6827092
- 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
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
DOCUMENT TYPES
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
HEARINGS
IMPORTS
INDUSTRY
INTERNATIONAL ORGANIZATIONS
MARKET
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
PRICES
RESERVES
RESOURCES
STRATEGIC PETROLEUM RESERVE
TARIFFS
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
DOCUMENT TYPES
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
HEARINGS
IMPORTS
INDUSTRY
INTERNATIONAL ORGANIZATIONS
MARKET
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
PRICES
RESERVES
RESOURCES
STRATEGIC PETROLEUM RESERVE
TARIFFS